Analysis
A debt-to-earnings ratio of 0.49 suggests manageable leverage for a physics degree, though the earnings picture here deserves scrutiny. Similar physics programs nationally produce first-year earnings around $47,670, but that falls notably short of what Ohio schools typically deliver. The median physics graduate in Ohio earns $53,504—nearly $6,000 more—suggesting Ohio Wesleyan's graduates may face a regional disadvantage despite studying in a state with stronger physics employment outcomes. At Ohio State, for instance, physics graduates start at that higher $53,500 figure.
The estimated $23,120 in debt aligns closely with national norms for physics programs, and relative to those earnings, it's not alarming. A graduate could reasonably pay this down within a few years if they secure typical physics-sector employment. The challenge is whether Ohio Wesleyan's smaller program—small enough that the DOE can't publish actual outcomes—provides the research opportunities, industry connections, and graduate school preparation that larger programs offer. Physics careers often require advanced degrees, and if this bachelor's serves primarily as a stepping stone to graduate school, these early earnings matter less than placement success and research experience.
For parents, the question centers on value within Ohio's physics landscape. If your child is comparing Ohio Wesleyan to programs producing stronger first-year outcomes in the same state, understand what you're paying for beyond the credential itself—mentorship, lab access, faculty attention in a small program. Those advantages matter, but they're harder to quantify than the $6,000 earnings gap with peer Ohio programs.
Where Ohio Wesleyan University Stands
Earnings vs. debt across all physics bachelors's programs nationally
Compare to Similar Programs in Ohio
Physics bachelors's programs at peer institutions in Ohio (37 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $52,357 | $47,670* | — | $23,120* | — | |
| $12,859 | $53,504* | $72,007 | $23,357* | 0.44 | |
| 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 Ohio Wesleyan University, approximately 25% 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.