Analysis
Engineering Physics programs in Wisconsin typically deliver stronger earnings than this estimated figure suggests—the state median sits at $68,379, nearly $11,000 above what comparable national programs predict for UW-Madison graduates. While small sample sizes prevent the DOE from publishing actual outcomes here, the gap between Wisconsin's typical performance and the national benchmark raises questions about whether this prestigious program delivers the financial returns families might expect from a flagship university.
The debt picture looks reasonable at an estimated $24,250, translating to a 0.42 ratio that most financial advisors consider manageable. This estimate comes from similar program types at UW-Madison, where institutional aid packages tend to keep borrowing in check for most students. However, engineering physics graduates at peer Wisconsin schools are entering careers that justify slightly higher debt loads because their earnings climb faster—UW-Platteville's reported outcomes show this pattern clearly.
The real challenge here is uncertainty. Engineering physics attracts small cohorts everywhere, making outcome tracking difficult even at well-established programs. What you're betting on is UW-Madison's reputation and the rigor that comes with a 1402 average SAT—advantages that may not show up in first-year earnings but could pay dividends as graduates move into specialized roles in research, aerospace, or semiconductor industries where this degree carries weight.
Where University of Wisconsin-Madison Stands
Earnings vs. debt across all engineering physics bachelors's programs nationally
Compare to Similar Programs in Wisconsin
Engineering Physics bachelors's programs at peer institutions in Wisconsin (4 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $11,205 | $57,457* | — | $24,250* | — | |
| $8,315 | $68,379* | $75,848 | $27,000* | 0.39 | |
| National Median | — | $57,457* | — | $24,706* | 0.43 |
Career Paths
Occupations commonly associated with engineering physics graduates
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Physicists
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Engineering Teachers, Postsecondary
Engineers, All Other
Energy Engineers, Except Wind and Solar
Mechatronics Engineers
Microsystems Engineers
Photonics Engineers
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 Wisconsin-Madison, approximately 15% 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 8 similar programs. Actual outcomes may vary.