Analysis
A $47,670 starting salary—the national median for physics bachelor's programs—paired with estimated debt around $23,000 suggests a manageable financial foundation for Tulane physics graduates. While we're working from national benchmarks rather than this specific program's outcomes, that debt-to-earnings ratio of 0.49 falls well within reasonable territory for STEM fields. Physics majors typically pursue graduate school or specialized industry positions, so these first-year figures represent just an initial snapshot rather than the field's full earning potential.
The challenge is that Tulane's 15% admission rate and 1443 average SAT score indicate you're paying elite-university prices for a program where we can't verify graduate outcomes. With only 9% of students on Pell grants, most families here are covering substantial costs beyond the estimated $23,000 debt—whether through savings, current income, or parent loans that don't show up in these figures. The physics major itself appears solid based on peer programs nationally, but the value proposition depends heavily on your total investment and whether your child needs the Tulane credential for their specific goals.
If your child is committed to physics and likely heading to graduate school, where Tulane's research opportunities and faculty connections matter, this estimated debt level shouldn't derail those plans. But if you're stretching financially to cover a significantly higher total cost of attendance, recognize you're making that investment largely on institutional reputation rather than verified program-specific outcomes.
Where Tulane University of Louisiana 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 |
|---|---|---|---|---|---|
| $65,538 | $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 Tulane University of Louisiana, approximately 9% 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.