Analysis
A physics bachelor's degree from McMurry looks financially challenging based on what we can infer from comparable programs. With estimated first-year earnings of $39,285—derived from six similar Texas physics programs—this degree would start you at about $8,000 below the national median for physics graduates. The estimated debt of $23,120 puts the debt-to-earnings ratio at 0.59, which is manageable on paper, but that metric only tells part of the story when starting salaries lag peer institutions by such a wide margin.
The competitive landscape in Texas makes this worth serious consideration. Physics programs at Texas Tech and Texas A&M produce graduates earning in the low-to-mid $50,000s in their first year, while UT Austin and UT San Antonio—both public universities—report outcomes in the mid-to-high $30,000s. McMurry's estimated earnings fall right in line with the lower tier of Texas physics programs, but at a private school price point. For a student interested in physics who has the academic credentials (McMurry's average SAT is 1072), the public university options offer similar or better earning potential with likely lower costs.
The real question is whether McMurry offers something specific—like smaller class sizes or research opportunities—that justifies starting your career $14,000 behind Texas Tech graduates. If your child is set on McMurry for other reasons, a physics degree won't saddle them with crushing debt, but it won't provide the financial launching pad that physics graduates typically expect either.
Where McMurry University Stands
Earnings vs. debt across all physics bachelors's programs nationally
Compare to Similar Programs in Texas
Physics bachelors's programs at peer institutions in Texas (40 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $31,372 | $39,285* | — | $23,120* | — | |
| $11,852 | $57,435* | — | $25,000* | 0.44 | |
| $13,099 | $53,329* | — | $17,522* | 0.33 | |
| $11,450 | $41,737* | — | $23,500* | 0.56 | |
| $11,678 | $36,832* | $76,239 | $20,333* | 0.55 | |
| $8,991 | $36,328* | — | $27,508* | 0.76 | |
| 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 McMurry University, approximately 45% 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 median of 6 similar programs in TX. Actual outcomes may vary.