Est. Earnings (1yr)
$47,670
Est. from national median (75 programs)
Est. Median Debt
$23,120
Est. from national median (20 programs)

Analysis

Physics graduates from small liberal arts colleges face a challenging early career market, and comparable programs nationally suggest first-year earnings around $48,000—modest for a rigorous STEM degree. While this aligns with national physics bachelor's outcomes, it falls well short of what Indiana's flagship program reports at $30,000 (which itself seems surprisingly low and may reflect unique data limitations). The estimated debt load of $23,000 translates to a manageable 0.49 debt-to-earnings ratio, meaning graduates would owe roughly half their first-year salary.

The real question is trajectory. Physics bachelor's degrees often serve as stepping stones to graduate school or specialized training rather than immediate career endpoints. If your student plans to stop at the bachelor's level and enter the workforce directly, peer programs suggest they'll start at middle-class wages that may feel underwhelming given the degree's difficulty. The accessible admission rate (91%) and strong Pell enrollment (44%) indicate Manchester serves students who might not access physics education elsewhere, which has value beyond pure earnings metrics.

The core uncertainty here is whether Manchester's specific outcomes match these peer estimates or diverge significantly. For families banking on physics as a direct route to high earnings, this estimated picture suggests tempering expectations—at least for the first few years post-graduation.

Where Manchester University Stands

Earnings vs. debt across all physics bachelors's programs nationally

Compare to Similar Programs in Indiana

Physics bachelors's programs at peer institutions in Indiana (26 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Manchester UniversityNorth Manchester$37,090$47,670*$23,120*
Purdue University-Main CampusWest Lafayette$9,992$30,203*$21,948*0.73
National Median$47,670*$23,304*0.49
* Estimated from similar programs

Career Paths

Occupations commonly associated with physics graduates

Physicists

Conduct research into physical phenomena, develop theories on the basis of observation and experiments, and devise methods to apply physical laws and theories.

$166,290/yrJobs growth:Doctoral or professional degree

Natural Sciences Managers

Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, mathematics, statistics, and research and development in these fields.

$161,180/yrJobs growth:Bachelor's degree

Clinical Research Coordinators

Plan, direct, or coordinate clinical research projects. Direct the activities of workers engaged in clinical research projects to ensure compliance with protocols and overall clinical objectives. May evaluate and analyze clinical data.

$161,180/yrJobs growth:Bachelor's degree

Water Resource Specialists

Design or implement programs and strategies related to water resource issues such as supply, quality, and regulatory compliance issues.

$161,180/yrJobs growth:Bachelor's degree

Physics Teachers, Postsecondary

Teach courses pertaining to the laws of matter and energy. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Secondary School Teachers, Except Special and Career/Technical Education

Teach one or more subjects to students at the secondary school level.

$64,580/yrJobs growth:Bachelor's degree
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 Manchester University, approximately 44% 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.