Analysis
A physics bachelor's from Iowa's flagship public university appears positioned in the middle of the national pack, though without school-specific outcomes we're working from what peer programs typically deliver. The estimated $47,670 first-year salary matches the national median for physics degrees exactly, while the estimated $23,424 debt figure runs slightly below the national benchmark and notably lower than Iowa's typical $27,000 for physics programs. That 0.49 debt-to-earnings ratio—where you'd owe about half a year's salary—sits in reasonable territory for STEM fields.
What gives this estimate some credibility is Iowa's profile: an 85% admission rate and 1220 SAT average suggest a solid state flagship serving a broad student base, not a hyperselective institution. Physics graduates from similar schools often find work in engineering firms, tech companies, and research labs across the Midwest, where these salary levels align with regional expectations. The lower-than-state-average debt estimate could reflect Iowa's in-state tuition advantage, though individual costs vary widely.
The fundamental challenge is that these are entirely derived figures—we don't know how Iowa's physics graduates actually fare versus those from similar programs. If your child is set on physics and values Iowa's research opportunities and campus experience, the projected numbers don't wave red flags. But before committing, press the department for actual placement data and starting salaries for recent graduates, since national averages can't tell you what happens specifically in Iowa City.
Where University of Iowa Stands
Earnings vs. debt across all physics bachelors's programs nationally
Compare to Similar Programs Nationally
Physics bachelors's programs at top institutions nationally
Scroll to see more →
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $10,964 | $47,670* | — | $23,424* | — | |
| $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 Iowa, approximately 18% 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.