Analysis
A debt-to-earnings ratio under 0.5 is typically manageable, but the context matters here. Based on comparable physics programs nationally, Wofford graduates would enter the workforce earning around $47,670—right at the national median for bachelor's-level physics—while carrying an estimated $23,120 in debt. That's less than half of first-year earnings, which suggests reasonable financial footing for someone planning to work immediately after graduation.
The challenge is what happens next. Physics graduates often pursue graduate school, where stipends or teaching assistantships can provide support, but that delays earnings and may add debt if they choose unfunded programs. If your child intends to work straight out of college, similar programs produce starting salaries that support the debt load. However, with 790 schools nationally offering physics degrees—many at larger research universities with more extensive lab facilities and industry connections—Wofford's smaller program size (evident in the suppressed data) means fewer graduating peers and potentially a less established alumni network in physics-specific roles.
Given the estimation uncertainty and the competitive landscape, focus your due diligence on job placement specifics: where do Wofford physics graduates actually land, and how many continue to graduate school? The financial picture looks workable on paper, but the value depends heavily on whether the program's connections and preparation match your child's post-graduation plans.
Where Wofford College Stands
Earnings vs. debt across all physics bachelors's programs nationally
Compare to Similar Programs Nationally
Physics bachelors's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $54,100 | $47,670* | — | $23,120* | — | |
| $7,214 | $70,150* | — | $28,750* | 0.41 | |
| $6,496 | $68,664* | $76,268 | —* | — | |
| $66,104 | $68,215* | — | —* | — | |
| $50,920 | $65,316* | — | $23,250* | 0.36 | |
| $7,439 | $64,045* | $51,682 | $23,000* | 0.36 | |
| 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 Wofford College, 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 75 similar programs. Actual outcomes may vary.