Analysis
Oregon State's physics program graduates earn slightly above the national median at $48,169, placing them in the 60th percentile among Oregon's physics programs. With $25,410 in median debt, graduates face a manageable debt-to-earnings ratio of 0.53—meaning the typical student could theoretically pay off their loans in about 6 months of gross income. However, it's worth noting that Portland State physics graduates earn substantially more at $62,749, suggesting location or program focus matters significantly within the state.
The modest earnings reflect physics as a bachelor's degree endpoint rather than a stepping stone. Many physics graduates pursue graduate school or pivot into engineering and data science roles where compensation rises sharply. The first-year salary captures students still finding their footing professionally, not the long-term earning potential of someone with quantitative training.
The real caveat here is sample size—fewer than 30 graduates means these numbers could shift considerably year to year. For a family considering Oregon State physics, the reasonable debt load and solid fundamentals make it a defensible choice, especially if grad school is on the horizon. Just know you're likely not choosing this for immediate high earnings compared to applied STEM fields.
Where Oregon State University Stands
Earnings vs. debt across all physics bachelors's programs nationally
Earnings Distribution
How Oregon State University graduates compare to all programs nationally
Compare to Similar Programs in Oregon
Physics bachelors's programs at peer institutions in Oregon (11 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $13,494 | $48,169 | — | $25,410 | 0.53 | |
| $11,238 | $62,749 | $83,259 | $29,070 | 0.46 | |
| $12,594 | $48,169 | — | $25,410 | 0.53 | |
| 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 Oregon State University, approximately 22% 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.
Sample Size: Based on 16 graduates with reported earnings and 24 graduates with debt data. Small samples may not be representative.