Analysis
A debt-to-earnings ratio below 0.5 typically signals manageable student loans, and that's what similar physics bachelor's programs suggest here—around $23,000 in debt against first-year earnings near $48,000. However, those Illinois-specific benchmarks tell a more complicated story. Comparable physics programs in the state produce median earnings of $51,000, about $3,300 higher than what national peer programs suggest for Lewis, while debt levels remain similar. That gap matters when you're calculating how quickly your child can pay down loans.
The real challenge with physics at Lewis is that we're working entirely from estimates—the program is small enough that the Department of Education can't publish actual graduate outcomes. What we know from other private universities in Illinois is that this debt load is typical, but the earnings picture depends heavily on whether graduates pursue physics-specific careers, continue to graduate school, or pivot to related fields like engineering or data science. The national median for physics bachelor's programs sits right at that $47,670 figure, so peer programs nationally aren't showing dramatically different results.
Your takeaway: The estimated numbers suggest reasonable debt relative to earnings, but the lack of actual data means you're betting on Lewis replicating what happens at comparable programs elsewhere. If your child is serious about physics, look closely at graduate school placement rates and industry connections—those factors will matter more than first-year earnings for this major.
Where Lewis University Stands
Earnings vs. debt across all physics bachelors's programs nationally
Compare to Similar Programs in Illinois
Physics bachelors's programs at peer institutions in Illinois (32 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $37,882 | $47,670* | — | $23,120* | — | |
| $16,004 | $51,019* | $60,090 | $20,500* | 0.40 | |
| National Median | — | $47,670* | — | $23,304* | 0.49 |
Career Paths
Occupations commonly associated with physics graduates
Physicists
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Physics Teachers, Postsecondary
Secondary School Teachers, Except Special and Career/Technical Education
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Lewis University, approximately 31% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the national median of 75 similar programs. Actual outcomes may vary.