Analysis
UIUC's physics program produces graduates earning $51,019 right after graduation—roughly $3,000 above the national average for physics majors. More importantly, earnings grow to $60,090 by year four, showing an 18% increase that suggests graduates are building valuable technical skills that employers recognize over time.
The $20,500 debt burden is manageable, translating to a 0.40 debt-to-earnings ratio that's well below the concerning 1.0 threshold. While debt sits at the 73rd percentile nationally (meaning higher than most programs), the stronger-than-average earnings compensate. Within Illinois, this program matches the state median for physics earnings, which makes sense for the state's flagship technical university. Parents should note that 44% of applicants gain admission, making this accessible for solid students without requiring Ivy-level credentials.
For families considering physics degrees, this represents a straightforward value proposition: reasonable debt paired with above-average earnings from a well-regarded institution. The moderate sample size (30-100 graduates) means these figures are reliable without being drawn from just a handful of students. The real question is whether your student is genuinely committed to physics—this isn't a program for dabbling, but for those who are, the financial foundation is solid.
Where University of Illinois Urbana-Champaign Stands
Earnings vs. debt across all 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
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| University of Illinois Urbana-Champaign | $51,019 | $60,090 | +18% |
| Massachusetts Institute of Technology | $54,773 | $166,156 | +203% |
| University of California-Santa Barbara | $53,597 | $88,722 | +66% |
| Rensselaer Polytechnic Institute | $60,348 | $88,071 | +46% |
| Portland State University | $62,749 | $83,259 | +33% |
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 |
|---|---|---|---|---|---|
| $16,004 | $51,019 | $60,090 | $20,500 | 0.40 | |
| $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 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 35 graduates with reported earnings and 45 graduates with debt data. Small samples may not be representative.