Analysis
Physics programs in Illinois typically produce stronger earnings than what North Park's comparable programs suggest. While similar bachelor's programs nationally point to around $47,670 in first-year earnings, physics graduates across Illinois median closer to $51,019—a gap worth noting for a program in Chicago where peer institutions like University of Illinois Urbana-Champaign hit that state benchmark.
The estimated debt load of $23,120 translates to a manageable debt-to-earnings ratio of 0.49, meaning graduates from comparable programs carry roughly half a year's salary in student loans. That's a reasonable starting point for a STEM field, though the earnings estimate sits at the lower end of what physics programs typically deliver. For families investing in a physics degree, the question becomes whether North Park's smaller program (data suppression suggests very few graduates) provides advantages—like closer faculty relationships or targeted research opportunities—that justify potentially lower initial earnings compared to larger state programs.
The honest challenge here: you're working with estimates built from peer programs, not actual graduate outcomes, which makes this a higher-risk proposition than programs with established track records. For a private university charging tuition premiums, families should verify whether North Park's physics graduates secure positions that justify both the cost and the deviation from stronger-earning programs elsewhere in Illinois.
Where North Park University Stands
Earnings vs. debt across all physics bachelors's programs nationally
Compare to Similar Programs in Illinois
Physics bachelors's programs at peer institutions in Illinois (32 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $35,325 | $47,670* | — | $23,120* | — | |
| $16,004 | $51,019* | $60,090 | $20,500* | 0.40 | |
| 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 North Park University, approximately 43% 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.