Est. Earnings (1yr)
$39,285
Est. from TX median (6 programs)
Est. Median Debt
$23,120
Est. from national median (20 programs)

Analysis

Rice's elite reputation doesn't necessarily translate into standout physics earnings, at least not immediately. Based on comparable bachelor's programs in Texas, first-year earnings around $39,000 fall below the national median of $47,700 for physics graduates—and lag behind what Texas Tech and Texas A&M physics majors typically earn by substantial margins. The estimated $23,100 in debt sits right at typical levels for physics programs, yielding a manageable 0.59 debt-to-earnings ratio, but that's cold comfort when peer programs in the state are producing significantly higher starting salaries.

What complicates the picture is Rice's 8% admission rate and 1553 average SAT—this is one of the most selective institutions in the country. Physics graduates from schools with these credentials often pursue graduate degrees or accept lower-paying research positions that lead to stronger mid-career trajectories. That first-year figure may reflect intentional choices rather than market limitations. Still, when Texas Tech physics graduates start at $57,400 versus an estimated $39,000 here, you're looking at an $18,000 annual gap that takes time to close, even with Rice's network advantages.

The value proposition depends entirely on post-graduation plans. If your student is heading to a PhD program or competitive research role where Rice's prestige matters, the initial earnings dip may be strategic. But if they're job-hunting with just the bachelor's degree, those estimated numbers suggest they might earn less initially than graduates from less selective Texas programs—a counterintuitive outcome worth understanding before committing.

Where Rice University Stands

Earnings vs. debt across all physics bachelors's programs nationally

Compare to Similar Programs in Texas

Physics bachelors's programs at peer institutions in Texas (40 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Rice UniversityHouston$58,128$39,285*$23,120*
Texas Tech UniversityLubbock$11,852$57,435*$25,000*0.44
Texas A&M University-College StationCollege Station$13,099$53,329*$17,522*0.33
Texas State UniversitySan Marcos$11,450$41,737*$23,500*0.56
The University of Texas at AustinAustin$11,678$36,832*$76,239$20,333*0.55
The University of Texas at San AntonioSan Antonio$8,991$36,328*$27,508*0.76
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 Rice University, approximately 16% 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 6 similar programs in TX. Actual outcomes may vary.