Analysis
A $26,000 debt load paired with estimated first-year earnings around $54,400 creates a manageable financial picture for this physics program—if the estimates hold. Wisconsin's physics graduates typically fare better than the national median of $47,670, and UW-Milwaukee appears positioned in the middle of the state's range. The debt-to-earnings ratio of 0.48 suggests graduates could reasonably service their loans, though it's worth noting this assumes outcomes similar to the handful of comparable programs in Wisconsin that actually report data.
What's striking is the wide variation among Wisconsin physics programs. While UW-River Falls graduates earn over $62,000 in their first year, UW-Madison's reported figure of just under $37,000 shows that institutional prestige doesn't always translate to immediate earning power in physics. UW-Milwaukee's estimated position in the middle suggests a solid return, particularly given the school's accessibility (88% admission rate) and the discipline's technical foundation that typically opens doors to various career paths.
The caveat is real: these are projections based on peer programs, not actual outcomes for UW-Milwaukee physics graduates specifically. For a field where graduate school is common and where first-year earnings can vary dramatically based on whether graduates enter industry or pursue further education, the estimated $54,400 provides a reasonable planning benchmark—but parents should verify current employment outcomes directly with the department before assuming this represents what their student will earn.
Where University of Wisconsin-Milwaukee Stands
Earnings vs. debt across all physics bachelors's programs nationally
Compare to Similar Programs in Wisconsin
Physics bachelors's programs at peer institutions in Wisconsin (18 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $10,020 | $54,428* | — | $26,292* | — | |
| $8,606 | $62,196* | — | $30,000* | 0.48 | |
| $9,651 | $54,428* | $70,182 | $26,292* | 0.48 | |
| $11,205 | $36,878* | $69,988 | $20,500* | 0.56 | |
| 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 Wisconsin-Milwaukee, approximately 30% 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 median of 3 similar programs in WI. Actual outcomes may vary.