Analysis
A physics bachelor's degree typically demands substantial debt, and while Lipscomb's estimated $23,120 burden sits slightly below the national median for this field, it's paired with projected first-year earnings of $47,670—a figure drawn from peer physics programs nationwide. That 0.49 debt-to-earnings ratio suggests manageable repayment in theory, though the reality for Lipscomb graduates could differ considerably given the lack of institution-specific data.
The challenge here is uncertainty. Physics programs vary dramatically in their connections to research opportunities, industry partnerships, and graduate school placement—factors that shape whether graduates land $35,000 lab technician roles or $60,000 engineering positions. Tennessee's physics programs show slightly higher median debt at $25,344, but without knowing where Lipscomb's graduates actually end up career-wise, you're making a bet on reputation and curriculum rather than proven outcomes. The school's 1248 average SAT and 67% admission rate suggest solid preparation, but those inputs don't guarantee the outputs that matter for loan repayment.
If your child is serious about physics and Lipscomb offers specific advantages—research mentorship, graduate school advising, or connections to Nashville's growing tech sector—the estimated debt load isn't prohibitive. But understand you're relying on approximations rather than this program's track record. Before committing, push the department for concrete placement data: where do graduates work, how many pursue advanced degrees, and what do they actually earn in year one?
Where Lipscomb University Stands
Earnings vs. debt across all physics bachelors's programs nationally
Compare to Similar Programs Nationally
Physics bachelors's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $38,824 | $47,670* | — | $23,120* | — | |
| $7,214 | $70,150* | — | $28,750* | 0.41 | |
| $6,496 | $68,664* | $76,268 | —* | — | |
| $66,104 | $68,215* | — | —* | — | |
| $50,920 | $65,316* | — | $23,250* | 0.36 | |
| $7,439 | $64,045* | $51,682 | $23,000* | 0.36 | |
| 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 Lipscomb University, approximately 21% 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.