Analysis
A physics bachelor's degree typically commands solid starting salaries, and the estimated $47,670 first-year earnings from comparable programs nationwide aligns with that expectation. Paired with an estimated $23,120 in debt—about half the first-year salary—this creates a manageable financial foundation for graduates entering a STEM field. The 0.49 debt-to-earnings ratio suggests these students wouldn't be drowning in payments while establishing their careers, though it's worth noting these figures come from peer institutions rather than MidAmerica Nazarene's own graduates.
Physics degrees open doors to various paths—research, engineering, teaching, data science—but the starting salary often depends heavily on whether graduates pursue additional education or jump straight into the workforce. For families considering this program, the key unknown is how MidAmerica Nazarene's specific outcomes might differ from the national average. The school's admission profile (73% acceptance rate, 1016 average SAT) suggests it serves a broad student base, and with 28% of students receiving Pell grants, it's clearly accessible to middle-income families. Whether this particular program delivers the same trajectory as its peers at larger research universities remains an open question.
If your child is genuinely passionate about physics and plans to continue to graduate school—common in this field—the manageable debt estimate makes this a reasonable starting point. But if they're uncertain about their commitment to the major or post-graduation plans, you'll want to verify actual job placement rates and graduate school acceptance before committing.
Where MidAmerica Nazarene 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
Scroll to see more →
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $36,120 | $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 MidAmerica Nazarene University, approximately 28% 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.