Analysis
Physics programs tend to offer solid career flexibility, and the estimated figures from comparable programs nationwide suggest this path starts modestly but opens doors. Based on national medians, first-year earnings around $47,670 paired with roughly $23,400 in debt creates a manageable 0.49 debt-to-earnings ratio—meaning graduates would owe less than half their first year's salary. That's a reasonable starting point for a degree that prepares students for technical roles, graduate school, or engineering positions that typically see significant salary growth within a few years.
The challenge is that physics graduates often need additional credentials or time to reach their earning potential, and these estimated figures don't tell us how University of Louisville's specific program performs compared to Kentucky's other 14 physics programs. The state median debt for physics runs slightly higher at $27,736, which could mean UofL students fare better or simply that the national estimate doesn't capture local realities. With an 81% admission rate and average SAT of 1147, this is an accessible program, but physics coursework remains rigorous regardless of selectivity.
For a student genuinely interested in physics and willing to be strategic about internships or graduate school, the estimated debt load appears manageable. However, parents should recognize they're working with approximations here—actual outcomes for UofL physics graduates could vary considerably from these national benchmarks, and first-year earnings rarely tell the full story for science majors.
Where University of Louisville 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 |
|---|---|---|---|---|---|
| $12,828 | $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 Louisville, approximately 29% 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.