Analysis
Saint Peter's physics program aligns with the New Jersey median for first-year earnings at around $36,000, but that figure sits nearly $12,000 below what physics graduates typically earn nationally. This gap matters because physics is often pursued as a stepping stone to graduate school or technical careers where the bachelor's degree alone may not unlock higher compensation immediately. The estimated $23,000 debt load keeps the debt-to-earnings ratio reasonable at 0.65, though comparable New Jersey programs suggest debt could run slightly higher.
The real question is whether this program prepares students for the paths that make physics degrees valuable—graduate programs, research positions, or specialized industry roles. With 54% of students receiving Pell grants, Saint Peter's serves many first-generation college students who may need clear guidance on how to leverage a physics degree beyond that modest first-year salary. The small graduate cohort (data was suppressed due to sample size) could mean limited networking and alumni connections compared to larger state university programs, or it could indicate more individualized attention.
For families considering this investment, understand that the value proposition depends heavily on what comes after graduation. If your student plans to pursue advanced degrees or technical certifications, that $36,000 starting point becomes less critical. If they're counting on the bachelor's degree alone to launch a career, those first-year earnings based on peer New Jersey programs suggest a slower financial start than physics programs deliver in other states.
Where Saint Peter's University Stands
Earnings vs. debt across all physics bachelors's programs nationally
Compare to Similar Programs in New Jersey
Physics bachelors's programs at peer institutions in New Jersey (16 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $41,054 | $35,689* | — | $23,120* | — | |
| $14,766 | $39,740* | — | —* | — | |
| $15,700 | $36,435* | $74,209 | $27,000* | 0.74 | |
| $17,079 | $35,689* | — | $26,974* | 0.76 | |
| $17,239 | $35,689* | — | $26,974* | 0.76 | |
| $16,586 | $35,689* | — | $26,974* | 0.76 | |
| 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 Saint Peter's University, approximately 54% 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 5 similar programs in NJ. Actual outcomes may vary.