Analysis
In New Jersey, physics programs show surprisingly modest first-year outcomes compared to the national picture. While the typical physics graduate nationally earns $47,670 in their first year, similar programs in the state—including at NJIT based on peer data—cluster around $35,700. That's a substantial gap that parents need to understand before committing to this path.
The estimated $26,974 in debt falls within a manageable range relative to those first-year earnings, with a debt-to-earnings ratio of 0.76. However, the real concern is whether these graduates are landing physics-related positions that justify the degree. Physics majors often need graduate school to access higher-paying research or specialized roles, which means that first-year figure may not reflect the program's full value. If your child plans to enter the workforce immediately after graduation, these numbers suggest they'll be earning well below what physics graduates in other states typically command.
NJIT's solid academic profile (average SAT of 1336) and location in the New York metro area could provide networking advantages not captured in these state-wide estimates. Still, with peer programs like Montclair State showing slightly better outcomes at $39,740, you'll want to confirm what percentage of NJIT physics graduates pursue advanced degrees versus immediate employment, and whether those employment outcomes justify staying in-state versus seeking programs in higher-earning regions.
Where New Jersey Institute of Technology Stands
Earnings vs. debt across all physics bachelors's programs nationally
Compare to Similar Programs in New Jersey
Physics bachelors's programs at peer institutions in New Jersey (16 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $19,022 | $35,689* | — | $26,974* | — | |
| $14,766 | $39,740* | — | —* | — | |
| $15,700 | $36,435* | $74,209 | $27,000* | 0.74 | |
| $17,079 | $35,689* | — | $26,974* | 0.76 | |
| $17,239 | $35,689* | — | $26,974* | 0.76 | |
| $16,586 | $35,689* | — | $26,974* | 0.76 | |
| 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 New Jersey Institute of Technology, approximately 39% 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 5 similar programs in NJ. Actual outcomes may vary.