Analysis
Physics graduates typically earn around $48,000 in their first year nationally, and Morehead State's program appears to align with that benchmark—though these figures come from peer programs rather than this specific school's outcomes. What we do know for certain is the debt: $27,736 at graduation puts Morehead State squarely at Kentucky's median for physics programs and slightly above the national median of $23,000.
That debt level translates to a 0.58 ratio against estimated first-year earnings—manageable by most standards, requiring less than 60% of a year's salary to repay. Physics degrees generally lead to careers with strong earning growth, so even if starting salaries prove modest, the trajectory often improves significantly within a few years. The real question is whether Morehead State's program provides the research opportunities, graduate school preparation, or industry connections that make physics degrees valuable beyond the credential itself.
For an anxious parent, here's what matters: the debt burden appears reasonable if your child plans to leverage this degree effectively—whether through graduate school, engineering roles, or technical positions. But without actual graduate outcomes from Morehead State, you're betting on the general strength of physics degrees rather than proven results from this particular program. Visit campus, ask about graduate school placement rates and employer partnerships, and understand where recent graduates actually landed before committing.
Where Morehead State 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
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $9,838 | $47,670* | — | $27,736 | — | |
| $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 Morehead State University, approximately 29% 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.