Median Earnings (1yr)
$33,400
14th percentile
25th percentile in Michigan
Median Debt
$27,000
16% above national median

Analysis

Michigan State's physics program shows a troubling disconnect between initial outcomes and national benchmarks. While first-year earnings of $33,400 fall well below the national median of $47,670, the real concern is that this represents the 25th percentile among Michigan physics programs—meaning three-quarters of comparable in-state options deliver better early outcomes. For context, University of Michigan physics grads start at $53,019, nearly 60% higher, highlighting how much Michigan State underperforms relative to the flagship program just an hour away.

The trajectory does improve dramatically—earnings jump 78% to nearly $60,000 by year four, eventually surpassing both state and national medians. The modest $27,000 debt load is actually a bright spot here, keeping the debt-to-earnings ratio manageable even during that difficult first year. This suggests the program produces capable physicists who need time to transition into appropriate roles, whether in research, industry, or graduate school paths.

Parents should view this as a delayed-payoff investment. If your child plans to pursue graduate studies or can weather several years of below-market earnings, the low debt provides flexibility. But if they need strong immediate earnings—especially compared to other Michigan options—this program's slow start is a significant drawback worth weighing against admission to higher-performing alternatives.

Where Michigan State University Stands

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

Earnings Distribution

How Michigan State University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Michigan State University$33,400$59,536+78%
Massachusetts Institute of Technology$54,773$166,156+203%
University of California-Santa Barbara$53,597$88,722+66%
Rensselaer Polytechnic Institute$60,348$88,071+46%
University of Michigan-Ann Arbor$53,019$73,202+38%

Compare to Similar Programs in Michigan

Physics bachelors's programs at peer institutions in Michigan (25 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Michigan State UniversityEast Lansing$15,988$33,400$59,536$27,0000.81
University of Michigan-Ann ArborAnn Arbor$17,228$53,019$73,202$22,2500.42
National Median—$47,670—$23,3040.49

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 Michigan State University, approximately 20% 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.

Sample Size: Based on 31 graduates with reported earnings and 43 graduates with debt data. Small samples may not be representative.