Analysis
Physics programs nationwide typically produce first-year earnings around $47,670, and similar outcomes at The University of the South would pair with an estimated debt load of $23,120—a manageable ratio of 0.49 that's better than many bachelor's degrees. That debt estimate comes from other programs at this selective liberal arts college, where 15% of students receive Pell grants and the average SAT hovers at 1336. For a school known for personal attention and small classes, these suppressed data points (too few graduates to report publicly) aren't surprising.
The real question is what comes next. Physics degrees are versatile: some graduates head straight into industry roles in data analysis or engineering support, while others pursue graduate school in physics, engineering, or even finance. That $47,670 median masks wide variation in outcomes depending on the path chosen. Tennessee's limited physics program landscape—20 schools total, none with publicly available outcomes—makes it harder to gauge regional employment patterns, though Sewanee's strong alumni network and academic reputation likely open doors beyond the immediate area.
The debt-to-earnings ratio suggests reasonable financial risk if your child lands somewhere near typical physics graduate outcomes. But with so few graduates that the DOE can't publish specific numbers, you're betting on an intimate program at a premium liberal arts price. Make sure your child can articulate what they'll do with a physics degree beyond graduation—that clarity matters more than the estimates we're working with here.
Where The University of the South Stands
Earnings vs. debt across all physics bachelors's programs nationally
Compare to Similar Programs Nationally
Physics bachelors's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $53,698 | $47,670* | — | $23,120* | — | |
| $7,214 | $70,150* | — | $28,750* | 0.41 | |
| $6,496 | $68,664* | $76,268 | —* | — | |
| $66,104 | $68,215* | — | —* | — | |
| $50,920 | $65,316* | — | $23,250* | 0.36 | |
| $7,439 | $64,045* | $51,682 | $23,000* | 0.36 | |
| 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 The University of the South, approximately 15% 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.