Median Earnings (1yr)
$43,740
41st percentile
10th percentile in North Carolina
Median Debt
$23,490
1% above national median

Analysis

NC State's physics program ranks at just the 10th percentile among North Carolina physics degrees—a surprising position for a flagship public research university. While the $43,740 starting salary sits close to the national average, it falls significantly short of the state's median of $62,647 for physics graduates. UNC Charlotte physics graduates, for instance, earn $70,150 in their first year, more than 60% higher than NC State's figure.

The debt load of $23,490 is reasonable and typical for the program, yielding a manageable 0.54 debt-to-earnings ratio. The puzzle here isn't about excessive debt—it's about why graduates from a respected STEM institution with a 1380 average SAT score are starting at such relatively low salaries compared to their in-state peers. This could reflect differences in where graduates take their first jobs, career paths chosen, or timing of employment data collection, but the gap is too large to ignore.

For North Carolina families considering physics programs, this data suggests looking carefully at peer institutions within the state. If your child is admitted to both NC State and UNC Charlotte or Chapel Hill for physics, the earnings differential appears substantial enough to warrant serious consideration, even accounting for any differences in total cost of attendance.

Where North Carolina State University at Raleigh Stands

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

Earnings Distribution

How North Carolina State University at Raleigh graduates compare to all programs nationally

Compare to Similar Programs in North Carolina

Physics bachelors's programs at peer institutions in North Carolina (21 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
North Carolina State University at RaleighRaleigh$8,895$43,740$23,4900.54
University of North Carolina at CharlotteCharlotte$7,214$70,150$28,7500.41
University of North Carolina at Chapel HillChapel Hill$8,989$62,647$19,2000.31
National Median$47,670$23,3040.49

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 North Carolina State University at Raleigh, approximately 19% 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.

Sample Size: Based on 30 graduates with reported earnings and 38 graduates with debt data. Small samples may not be representative.