Analysis
Berkeley's physics program produces solid outcomes at remarkably low debt, though the earnings trail some unexpected competitors. Graduates earn $50,219 in their first year—right at the California median—while carrying just $15,508 in debt, roughly $8,000 below the state median. That 0.31 debt-to-earnings ratio means graduates can manage their loans without financial strain, a meaningful advantage given Berkeley's 12% admission rate and the rigor implied by that selectivity.
The surprise here is positioning: despite Berkeley's prestige, its physics grads are outearned by programs at Cal Poly Pomona, UCLA, and several Cal State campuses in their early careers. The 60th percentile ranking within California suggests the program sits in the middle of the pack for immediate earnings, not at the top where many parents might expect. Strong 23% earnings growth to $61,607 by year four indicates Berkeley grads gain ground over time, but that still leaves them below some peers initially.
For families weighing Berkeley physics, this represents a strong value proposition primarily because of the debt picture—graduates avoid the burden that could limit their options for graduate school or less lucrative research positions. The earnings are respectable but not exceptional, which may reflect career paths that prioritize research or graduate study over immediate income maximization. If your child is pursuing physics for intellectual reasons rather than immediate earning potential, the low debt makes this path financially viable.
Where University of California-Berkeley Stands
Earnings vs. debt across all physics bachelors's programs nationally
Earnings Distribution
How University of California-Berkeley graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| University of California-Berkeley | $50,219 | $61,607 | +23% |
| University of California-Santa Barbara | $53,597 | $88,722 | +66% |
| University of California-San Diego | $48,951 | $77,660 | +59% |
| University of California-Los Angeles | $60,495 | $73,644 | +22% |
| California State University-San Marcos | $56,018 | $66,529 | +19% |
Compare to Similar Programs in California
Physics bachelors's programs at peer institutions in California (58 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $14,850 | $50,219 | $61,607 | $15,508 | 0.31 | |
| $7,439 | $64,045 | $51,682 | $23,000 | 0.36 | |
| $13,747 | $60,495 | $73,644 | $21,100 | 0.35 | |
| $7,675 | $57,114 | — | — | — | |
| $7,739 | $56,018 | $66,529 | $19,069 | 0.34 | |
| $14,965 | $53,597 | $88,722 | $15,982 | 0.30 | |
| 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 University of California-Berkeley, approximately 27% 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.
Sample Size: Based on 70 graduates with reported earnings and 83 graduates with debt data. Small samples may not be representative.