Analysis
Physics majors from comparable programs nationally earn around $47,670 in their first year—a figure that, while solid for a recent graduate, trails the physical sciences significantly. Spelman's selectivity (34% admission rate, 1184 average SAT) attracts strong students, but the returns here don't reflect the premium you might expect. Georgia's range is telling: Georgia College physics grads start at $62,000 while Georgia State's begin closer to $31,000, showing how dramatically outcomes vary even within the state.
The estimated $23,000 in debt creates a manageable 0.49 ratio to first-year earnings, which is reasonable by national standards. However, physics typically opens doors to graduate programs or industry roles where credentials beyond the bachelor's matter enormously. If your child plans to pursue a PhD (often funded) or transition into engineering or data science, that initial salary may be a stepping stone rather than a ceiling. If they're entering the workforce directly, the earnings picture looks less compelling than what top STEM programs deliver.
The core question is trajectory. Spelman's intimate environment and STEM focus for Black women offer clear advantages, but without this program's actual graduate outcomes, you're relying on national averages that may not capture what this specific cohort achieves. The debt load is manageable, but verify whether graduates typically continue their education or leverage Spelman's network into higher-paying roles—that context matters more than the initial number suggests.
Where Spelman College Stands
Earnings vs. debt across all physics bachelors's programs nationally
Compare to Similar Programs in Georgia
Physics bachelors's programs at peer institutions in Georgia (20 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $30,058 | $47,670* | — | $23,120* | — | |
| $8,998 | $62,478* | — | —* | — | |
| $8,478 | $31,001* | $50,281 | $26,296* | 0.85 | |
| 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 Spelman College, approximately 29% 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 national median of 75 similar programs. Actual outcomes may vary.