Est. Earnings (1yr)
$48,169
Est. from OR median (3 programs)
Est. Median Debt
$23,120
Est. from national median (20 programs)

Analysis

Reed's highly selective physics program comes with estimated first-year earnings of $48,000 and borrowing around $23,000—figures derived from comparable Oregon physics programs and similar liberal arts colleges. That debt-to-earnings ratio of 0.48 suggests manageable repayment, roughly half a year's salary. However, Oregon's physics landscape shows significant variation: Portland State graduates report median earnings above $62,000, suggesting that program choice and possibly geographic mobility matter considerably in this field.

The challenge here is uncertainty. Reed's rigorous academic environment and 27% admission rate signal strong preparation, but without actual graduate outcomes data, you're investing in reputation rather than documented results. Physics bachelor's degrees nationally cluster around $48,000 in first-year earnings, so the estimates align with broader patterns. Still, some Reed physics graduates may pursue graduate school immediately—common in physics—which would temporarily depress earnings figures while building toward higher long-term potential.

For families comfortable with selective liberal arts education and able to manage $23,000 in debt, Reed's intellectual intensity may justify the investment. But if maximizing immediate earning power is the priority, the gap between these estimated figures and what Portland State physics graduates actually earn—over $14,000 more—deserves serious consideration. The debt is reasonable, but the earnings picture remains genuinely unclear for this specific program.

Where Reed College Stands

Earnings vs. debt across all physics bachelors's 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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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Reed CollegePortland$67,020$48,169*—$23,120*—
Portland State UniversityPortland$11,238$62,749*$83,259$29,070*0.46
Oregon State UniversityCorvallis$13,494$48,169*—$25,410*0.53
Oregon State University-Cascades CampusBend$12,594$48,169*—$25,410*0.53
National Median—$47,670*—$23,304*0.49
* Estimated from similar programs

Career Paths

Occupations commonly associated with physics graduates

Physicists

Conduct research into physical phenomena, develop theories on the basis of observation and experiments, and devise methods to apply physical laws and theories.

$166,290/yrJobs growth:Doctoral or professional degree

Natural Sciences Managers

Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, mathematics, statistics, and research and development in these fields.

$161,180/yrJobs growth:Bachelor's degree

Clinical Research Coordinators

Plan, direct, or coordinate clinical research projects. Direct the activities of workers engaged in clinical research projects to ensure compliance with protocols and overall clinical objectives. May evaluate and analyze clinical data.

$161,180/yrJobs growth:Bachelor's degree

Water Resource Specialists

Design or implement programs and strategies related to water resource issues such as supply, quality, and regulatory compliance issues.

$161,180/yrJobs growth:Bachelor's degree

Physics Teachers, Postsecondary

Teach courses pertaining to the laws of matter and energy. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Secondary School Teachers, Except Special and Career/Technical Education

Teach one or more subjects to students at the secondary school level.

$64,580/yrJobs growth:Bachelor's degree
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 Reed College, approximately 12% 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 OR. Actual outcomes may vary.