Analysis
A bachelor's in physics represents a solid entry point into technical fields, and based on national peer programs, Northern Arizona University's graduates would enter with an estimated debt-to-earnings ratio of 0.49—manageable by most standards. The $47,670 projected first-year salary aligns with the national median for physics programs, suggesting graduates can reasonably expect to handle the $23,424 in estimated debt. For context, physics programs elsewhere in Arizona report substantially lower median earnings of $30,503, though direct comparisons are limited by small sample sizes across the state.
The real question is where physics graduates go from here. Many use this degree as a stepping stone to graduate school, engineering positions, or data science roles where earnings climb significantly. If your child plans to work immediately after graduation, first-year salaries in the mid-$40K range may feel modest given the rigor of physics coursework. The 91% admission rate at NAU means access isn't a barrier, but the relatively small number of graduates (few enough that DOE suppresses the data) raises questions about program resources and career networking opportunities compared to larger physics departments.
The numbers suggest a workable financial picture, but verify what happens to NAU physics graduates specifically. With such a small cohort, individual outcomes matter more than averages—find out about recent job placements, graduate school admissions, and whether the program connects students to research opportunities or employers in Phoenix and beyond.
Where Northern Arizona University Stands
Earnings vs. debt across all physics bachelors's programs nationally
Compare to Similar Programs in Arizona
Physics bachelors's programs at peer institutions in Arizona (5 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $12,652 | $47,670* | — | $23,424* | — | |
| — | $30,503* | — | —* | — | |
| $12,051 | $30,503* | $61,960 | $24,700* | 0.81 | |
| 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 Northern Arizona University, approximately 30% 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.