Est. Earnings (1yr)
$47,670
Est. from national median (75 programs)
Est. Median Debt
$23,120
Est. from national median (20 programs)

Analysis

A debt-to-earnings ratio under 0.5 typically signals manageable debt, and this program's estimated figures—$47,670 in first-year earnings against $23,120 in debt—hit that mark. But context matters here. Similar physics programs in Ohio report median earnings around $53,504, suggesting graduates from peer institutions are earning roughly $6,000 more annually. That gap isn't devastating, but over several years of loan repayment, it adds up.

The national picture offers some reassurance. These estimated earnings match the national median for physics bachelor's programs, meaning this program appears competitively positioned relative to the broader field, even if it trails Ohio's state average. Physics degrees generally lead to decent first-year outcomes, and the debt burden—estimated from comparable private institutions—sits just below the national median of $23,304. For a school with an 82% admission rate serving a significant population of Pell-eligible students (41%), these projected outcomes suggest the program delivers reasonable value without requiring top-tier academic credentials for entry.

The key uncertainty is whether Muskingum's specific physics program matches these peer benchmarks or deviates significantly. The small graduate cohort that triggered data suppression makes it impossible to know if actual outcomes trend higher or lower. If your child is strongly committed to physics and attracted to Muskingum's environment, these estimates suggest financial risk is moderate—but confirming that graduates actually secure physics-related positions would be worth the effort.

Where Muskingum University Stands

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

Compare to Similar Programs in Ohio

Physics bachelors's programs at peer institutions in Ohio (37 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Muskingum UniversityNew Concord$31,440$47,670*—$23,120*—
Ohio State University-Main CampusColumbus$12,859$53,504*$72,007$23,357*0.44
National Median—$47,670*—$23,304*0.49
* Estimated from similar programs

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 Muskingum University, approximately 41% 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.