Analysis
Physics programs carry significant earning potential nationwide, but estimated outcomes at Monmouth College fall slightly below what Illinois students typically achieve in this field. While peer programs across the nation suggest first-year earnings around $47,670, physics graduates at larger Illinois institutions average $51,019—a meaningful gap for STEM work that usually commands premium starting salaries. The estimated $23,120 debt load aligns closely with national norms for physics programs, producing a manageable 0.49 debt-to-earnings ratio that's better than many bachelor's degrees.
The challenge here is uncertainty. Monmouth's small physics cohorts mean the Department of Education can't publish actual outcomes, forcing reliance on national benchmarks that may not reflect what a small liberal arts college in rural Illinois delivers. Physics programs vary dramatically in their connections to industry, research opportunities, and graduate school placement—factors that matter enormously but don't show up in estimated earnings data. The school's 87% admission rate and modest SAT scores suggest a different student profile than larger research universities, which could translate to different career trajectories.
If your child is genuinely passionate about physics and thrives in small classroom settings, Monmouth could work—but only with a clear plan for what comes after graduation. Talk to the department about where recent graduates actually ended up, whether they're landing jobs at national labs or companies that recruit from small Midwest schools, and how many continue to graduate programs. The estimated numbers suggest reasonable value, but you need real placement data to make this decision confidently.
Where Monmouth College Stands
Earnings vs. debt across all physics bachelors's programs nationally
Compare to Similar Programs in Illinois
Physics bachelors's programs at peer institutions in Illinois (32 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $43,520 | $47,670* | — | $23,120* | — | |
| $16,004 | $51,019* | $60,090 | $20,500* | 0.40 | |
| 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 Monmouth College, approximately 31% 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.