Analysis
Physics programs in California show substantial variation in early outcomes, with top programs producing first-year earnings above $60,000 while others cluster closer to the state median of $50,219. Occidental's estimated outcomes—drawn from comparable California physics programs—put graduates right at that median mark. This places the program noticeably below what UC and Cal State physics graduates typically earn, though the debt burden appears manageable at an estimated $23,120. That debt load translates to a 0.46 ratio against first-year earnings, meaning graduates would owe less than half their annual salary.
The challenge is that Occidental's selectivity and price point (evident in its 40% admission rate and high SAT scores) suggest it competes more directly with UC campuses than with mid-tier state schools. Yet based on peer program outcomes, physics graduates here are earning $10,000+ less than those from UCLA or UC Santa Barbara in their first year. Physics majors often pursue graduate school, which can delay earnings growth, but that consideration applies across all these programs.
For parents weighing this investment, the key question is whether Occidental's smaller classes and liberal arts environment justify outcomes that appear similar to less selective California physics programs. The estimated debt is reasonable, but the earnings gap with UC alternatives is substantial enough to warrant a hard look at what specifically makes this program distinctive beyond the campus experience.
Where Occidental College Stands
Earnings vs. debt across all physics bachelors's programs nationally
Compare to Similar Programs in California
Physics bachelors's programs at peer institutions in California (58 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $63,446 | $50,219* | — | $23,120* | — | |
| $7,439 | $64,045* | $51,682 | $23,000* | 0.36 | |
| $13,747 | $60,495* | $73,644 | $21,100* | 0.35 | |
| $7,675 | $57,114* | — | —* | — | |
| $7,739 | $56,018* | $66,529 | $19,069* | 0.34 | |
| $14,965 | $53,597* | $88,722 | $15,982* | 0.30 | |
| 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 Occidental College, approximately 16% 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 11 similar programs in CA. Actual outcomes may vary.