Analysis
The small sample size here—fewer than 30 graduates—means these numbers could swing dramatically year to year, but the pattern is worth understanding. UNC physics graduates start at $34,373, landing in the bottom quartile both nationally and among Colorado's 13 physics programs. That's $7,500 below the state median and $13,000 behind what Colorado State physics grads earn. While the debt load is relatively modest at $27,000, earning 79 cents on every dollar of debt in your first year out suggests a slower financial start than most physics programs deliver.
Physics is often a stepping stone to graduate school or specialized technical roles where early earnings don't tell the full story. If your student plans to pursue advanced degrees or is drawn to research positions, these initial numbers matter less. However, if the goal is immediate employment leverage from a bachelor's degree, other Colorado physics programs appear to open better doors. The key question: Is UNC the right academic fit for a price point that justifies starting $17,000 behind peers at Colorado State? For families banking on physics delivering strong financial returns straight out of undergrad, this program warrants careful comparison against alternatives within Colorado's public university system.
Where University of Northern Colorado Stands
Earnings vs. debt across all physics bachelors's programs nationally
Earnings Distribution
How University of Northern Colorado graduates compare to all programs nationally
Compare to Similar Programs in Colorado
Physics bachelors's programs at peer institutions in Colorado (13 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $12,010 | $34,373 | — | $27,000 | 0.79 | |
| $12,896 | $51,927 | — | — | — | |
| $16,430 | $41,874 | $50,697 | $20,635 | 0.49 | |
| 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 Northern Colorado, approximately 26% 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 18 graduates with reported earnings and 23 graduates with debt data. Small samples may not be representative.