Est. Earnings (1yr)
$47,670
Est. from national median (75 programs)
Est. Median Debt
$23,424
Est. from national median (80 programs)

Analysis

Physics graduates from Wayne State typically face a manageable financial equation, with peer programs nationally suggesting around $47,670 in first-year earnings against an estimated $23,424 in debt. That 0.49 debt-to-earnings ratio lands in comfortable territory—you're looking at debt equal to roughly half of that initial salary, which most financial advisors consider reasonable for a bachelor's degree.

What's worth noting is how this stacks up regionally. Michigan's physics programs show considerable variation: U-M Ann Arbor graduates earn $53,000 initially, while MSU graduates start around $33,400. Wayne State's estimated trajectory, derived from comparable physics programs nationally, sits between these extremes and actually aligns with the national median rather than Michigan's lower state median of $43,210. For a school with an 82% admission rate serving a substantial population of Pell grant recipients, that's a practical outcome—accessible entry leading to middle-of-the-pack results.

The real question is what students do with the degree. Physics opens doors to engineering firms, tech companies, research labs, and graduate programs where earnings climb significantly. If your child is eyeing advanced degrees or specialized technical work, this program provides a foundation without crushing debt. If they're uncertain about next steps, that first-year salary estimate should feel workable but not spectacular—plan for how they'll leverage the degree beyond graduation.

Where Wayne State University Stands

Earnings vs. debt across all physics bachelors's programs nationally

Compare to Similar Programs in Michigan

Physics bachelors's programs at peer institutions in Michigan (25 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Wayne State UniversityDetroit$14,297$47,670*—$23,424*—
University of Michigan-Ann ArborAnn Arbor$17,228$53,019*$73,202$22,250*0.42
Michigan State UniversityEast Lansing$15,988$33,400*$59,536$27,000*0.81
National Median—$47,670*—$23,304*0.49
* Estimated from similar programs

Career Paths

Occupations commonly associated with physics graduates

Physicists

Conduct research into physical phenomena, develop theories on the basis of observation and experiments, and devise methods to apply physical laws and theories.

$166,290/yrJobs growth:Doctoral or professional degree

Natural Sciences Managers

Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, mathematics, statistics, and research and development in these fields.

$161,180/yrJobs growth:Bachelor's degree

Clinical Research Coordinators

Plan, direct, or coordinate clinical research projects. Direct the activities of workers engaged in clinical research projects to ensure compliance with protocols and overall clinical objectives. May evaluate and analyze clinical data.

$161,180/yrJobs growth:Bachelor's degree

Water Resource Specialists

Design or implement programs and strategies related to water resource issues such as supply, quality, and regulatory compliance issues.

$161,180/yrJobs growth:Bachelor's degree

Physics Teachers, Postsecondary

Teach courses pertaining to the laws of matter and energy. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Secondary School Teachers, Except Special and Career/Technical Education

Teach one or more subjects to students at the secondary school level.

$64,580/yrJobs growth:Bachelor's degree
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 Wayne State University, approximately 43% 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.