Analysis
A physics degree from a highly selective women's college like Mount Holyoke produces estimated first-year earnings that align closely with both state and national medians—around $49,400 based on comparable Massachusetts programs. The estimated debt load of $23,120 creates a manageable 0.47 ratio, meaning graduates would owe less than half their first-year salary. This positions the program competitively against reported outcomes from nearby schools, including Northeastern and UMass Lowell, which show similar earning patterns.
What makes this calculation interesting is Mount Holyoke's institutional profile. With a 38% admission rate and 1422 average SAT, this is a selective environment where physics majors benefit from small classes and close faculty mentorship—advantages that peer program data can't fully capture. The relatively low Pell grant percentage (20%) suggests many families can manage the debt burden, though those relying heavily on loans should verify whether graduate school plans (common for physics majors) align with starting salaries that trail MIT's reported outcomes by roughly $5,000.
The debt-to-earnings picture looks reasonable for a liberal arts physics degree, but remember these are estimates drawn from similar programs statewide, not Mount Holyoke's actual graduate outcomes. For families weighing this investment, the key question is whether the college's distinctive environment justifies similar costs to larger research universities when the earnings floor appears comparable across Massachusetts programs.
Where Mount Holyoke College Stands
Earnings vs. debt across all physics bachelors's programs nationally
Compare to Similar Programs in Massachusetts
Physics bachelors's programs at peer institutions in Massachusetts (31 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $64,142 | $49,399* | — | $23,120* | — | |
| $60,156 | $54,773* | $166,156 | $18,500* | 0.34 | |
| $63,141 | $49,399* | — | $26,797* | 0.54 | |
| $16,570 | $48,324* | — | $22,177* | 0.46 | |
| 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 Mount Holyoke College, 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.
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 3 similar programs in MA. Actual outcomes may vary.