Analysis
Physics graduates from similar Virginia programs earn around $46,600 in their first year—right at the state median but below what students see at Virginia Tech, which reports nearly $58,000. With an estimated $25,250 in debt, this translates to a manageable debt-to-earnings ratio of 0.54, suggesting graduates could realistically handle loan payments while establishing themselves in the workforce.
The challenge with Old Dominion's physics program is that we're working entirely with estimates derived from the handful of other physics bachelor's programs in Virginia. The actual outcomes could be better or worse depending on whether graduates pursue research positions, teaching, engineering roles, or graduate school—paths that diverge significantly in immediate earnings. Physics is also a field where first-year salaries often understate long-term value, since many graduates continue their education or start in lower-paying positions before transitioning into higher-paying technical careers.
Given the uncertainty here, the most practical approach is comparing this estimated debt load to what your family can reasonably afford while your child explores physics career paths. At $25,000, the debt is modest enough that it shouldn't close doors if they decide to pursue graduate school or take a research position. But without clearer data on where ODU's physics graduates actually land, you're making this decision somewhat in the dark about outcomes specific to this program.
Where Old Dominion University Stands
Earnings vs. debt across all physics bachelors's programs nationally
Compare to Similar Programs in Virginia
Physics bachelors's programs at peer institutions in Virginia (24 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $12,262 | $46,641* | — | $25,250* | — | |
| $15,478 | $58,061* | $67,271 | $27,000* | 0.47 | |
| $20,484 | $46,641* | — | —* | — | |
| $16,458 | $39,804* | — | $25,250* | 0.63 | |
| 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 Old Dominion University, approximately 37% 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 3 similar programs in VA. Actual outcomes may vary.