Analysis
The estimated $23,120 debt load for Oglethorpe's physics program sits just below national norms, while projected first-year earnings of $47,670 align with the national median for physics bachelor's degrees. This suggests a manageable debt-to-earnings ratio of 0.49—meaning graduates would owe roughly half their first-year salary. However, these figures are derived from comparable physics programs nationally rather than Oglethorpe's actual outcomes, so they tell you more about what's typical for the field than what this particular program delivers.
What complicates the picture is the wide earnings range among Georgia's physics programs. The state median sits around $46,740, but reported outcomes at peer institutions vary dramatically—from $31,000 at Georgia State to over $62,000 at Georgia College. This spread matters because Oglethorpe's small program size (which is why specific data isn't available) could mean outcomes depend heavily on individual student factors like research opportunities, connections, and grad school plans rather than program infrastructure alone.
For a moderately selective private university with a third of students on Pell grants, the estimated debt level is reasonable if your child plans to pursue graduate study in physics—where the bachelor's degree is typically a stepping stone. If the goal is immediate employment with just the undergraduate degree, you'll want to understand what career support and industry connections distinguish this small program from larger state options.
Where Oglethorpe University Stands
Earnings vs. debt across all physics bachelors's programs nationally
Compare to Similar Programs in Georgia
Physics bachelors's programs at peer institutions in Georgia (20 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $45,806 | $47,670* | — | $23,120* | — | |
| $8,998 | $62,478* | — | —* | — | |
| $8,478 | $31,001* | $50,281 | $26,296* | 0.85 | |
| 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 Oglethorpe University, approximately 34% 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.