Analysis
UW-Madison's physics program shows surprisingly weak initial outcomes compared to other Wisconsin options, ranking in just the 10th percentile statewide. At $36,878 one year out, graduates earn $17,550 less than the Wisconsin median for physics majorsβa substantial gap for a flagship university with competitive admissions. Smaller UW system schools like River Falls and La Crosse produce physics graduates earning 40-70% more in their first year.
The picture improves dramatically by year four, when earnings jump to nearly $70,000βa 90% increase that suggests many graduates pursue advanced degrees or specialized training before entering higher-paying career tracks. This pattern is common in physics, where graduate school or specific industry experience often precedes strong earnings. The modest $20,500 debt load provides breathing room during those early career years, though it's worth noting that students from higher-income families (only 15% receive Pell grants) may have family support that makes lower initial earnings more manageable.
The critical caveat: this data reflects fewer than 30 graduates, so these numbers could shift significantly with a different cohort. For families who can weather a few lean post-graduation years, the eventual earnings trajectory looks solid. But if your child needs immediate income after graduation and plans to stay in Wisconsin, other in-state physics programs appear to deliver stronger outcomes right out of the gate.
Where University of Wisconsin-Madison Stands
Earnings vs. debt across all physics bachelors's programs nationally
Earnings Distribution
How University of Wisconsin-Madison 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 Wisconsin-Madison | $36,878 | $69,988 | +90% |
| 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% |
| University of Wisconsin-La Crosse | $54,428 | $70,182 | +29% |
Compare to Similar Programs in Wisconsin
Physics bachelors's programs at peer institutions in Wisconsin (18 total in state)
Scroll to see more β
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $11,205 | $36,878 | $69,988 | $20,500 | 0.56 | |
| $8,606 | $62,196 | β | $30,000 | 0.48 | |
| $9,651 | $54,428 | $70,182 | $26,292 | 0.48 | |
| National Median | β | $47,670 | β | $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 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.
Sample Size: Based on 27 graduates with reported earnings and 33 graduates with debt data. Small samples may not be representative.