Median Earnings (1yr)Reported
$64,304
72nd percentile
Median DebtReported
$20,136
18% below national median

Based on U.S. Department of Education data (October 2025 release).

Analysis

UIUC's Engineering Physics program delivers the kind of trajectory that justifies moderate student debt—graduates start at $64,304 and reach nearly $93,000 by year four, representing a 44% earnings boost. That four-year mark significantly outpaces both the national median ($57,457) and Illinois state median ($59,234), though the program's 60th percentile ranking within Illinois suggests it's competitive but not dominant among the state's five engineering physics offerings.

The debt picture here is actually quite favorable: at roughly $20,000, it's well below both national and state medians for this field, giving graduates a debt-to-earnings ratio of just 0.31. This means recent grads could theoretically pay off their loans in under four months of gross earnings—an enviable position for any STEM field. The 89th percentile debt ranking (remember, lower debt is better) indicates this program costs less than most comparable options nationally.

For parents weighing this investment, the fundamentals are solid. Your child would graduate from a selective program (44% admission rate, 1418 average SAT) with manageable debt and strong earning potential. The rapid salary growth from year one to year four suggests employers increasingly value the specialized physics-engineering skillset these graduates develop. While not the absolute highest earner in Illinois, the combination of low debt and strong income growth makes this a financially sound choice for students genuinely interested in this challenging interdisciplinary field.

Where University of Illinois Urbana-Champaign Stands

Earnings vs. debt across all engineering physics bachelors's programs nationally

Earnings Distribution

How University of Illinois Urbana-Champaign graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
University of Illinois Urbana-Champaign$64,304$92,842+44%
Colorado School of Mines$72,858$87,900+21%
University of Wisconsin-Platteville$68,379$75,848+11%
Murray State University$58,025$67,485+16%

Compare to Similar Programs in Illinois

Engineering Physics bachelors's programs at peer institutions in Illinois (5 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of Illinois Urbana-ChampaignChampaign$16,004$64,304$92,842$20,1360.31
Augustana CollegeRock Island$49,834$54,165$27,0000.50
National Median$57,457$24,7060.43

Career Paths

Occupations commonly associated with engineering physics graduates

Architectural and Engineering Managers

Plan, direct, or coordinate activities in such fields as architecture and engineering or research and development in these fields.

$167,740/yrJobs growth:Bachelor's degree

Biofuels/Biodiesel Technology and Product Development Managers

Define, plan, or execute biofuels/biodiesel research programs that evaluate alternative feedstock and process technologies with near-term commercial potential.

$167,740/yrJobs growth:Bachelor's degree

Physicists

Conduct research into physical phenomena, develop theories on the basis of observation and experiments, and devise methods to apply physical laws and theories.

$166,290/yrJobs growth:Doctoral or professional degree

Natural Sciences Managers

Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, mathematics, statistics, and research and development in these fields.

$161,180/yrJobs growth:Bachelor's degree

Clinical Research Coordinators

Plan, direct, or coordinate clinical research projects. Direct the activities of workers engaged in clinical research projects to ensure compliance with protocols and overall clinical objectives. May evaluate and analyze clinical data.

$161,180/yrJobs growth:Bachelor's degree

Water Resource Specialists

Design or implement programs and strategies related to water resource issues such as supply, quality, and regulatory compliance issues.

$161,180/yrJobs growth:Bachelor's degree

Engineering Teachers, Postsecondary

Teach courses pertaining to the application of physical laws and principles of engineering for the development of machines, materials, instruments, processes, and services. Includes teachers of subjects such as chemical, civil, electrical, industrial, mechanical, mineral, and petroleum engineering. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Engineers, All Other

All engineers not listed separately.

Energy Engineers, Except Wind and Solar

Design, develop, or evaluate energy-related projects or programs to reduce energy costs or improve energy efficiency during the designing, building, or remodeling stages of construction. May specialize in electrical systems; heating, ventilation, and air-conditioning (HVAC) systems; green buildings; lighting; air quality; or energy procurement.

Mechatronics Engineers

Research, design, develop, or test automation, intelligent systems, smart devices, or industrial systems control.

Microsystems Engineers

Research, design, develop, or test microelectromechanical systems (MEMS) devices.

Photonics Engineers

Design technologies specializing in light information or light energy, such as laser or fiber optics technology.

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Engineering Physics in Illinois

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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 Illinois Urbana-Champaign, approximately 24% 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 42 graduates with reported earnings and 54 graduates with debt data. Small samples may not be representative.