Augustana College Engineering Physics: earnings, debt & careers

Engineering Physics graduates of Augustana College earn a median $85,993 four years after graduating ($54,165 after one year), with median federal loan debt of $27,000. That is $2,596 below the U.S. median for Engineering Physics graduates ($88,589 across 10 colleges), and ranks 2nd of 2 Illinois colleges.

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Earnings, 4 years after graduating
$85,993

U.S. median for this major: $88,589.

College Scorecard field of study; 18 graduates with earnings reported. A small group, so treat this figure with caution

Earnings, 1 year after
$54,165

Median for graduates who received federal aid.

College Scorecard field of study

Median debt at graduation
$27,000

About 31% of median earnings 4 years out. U.S. median $23,667.

College Scorecard field of study (federal loans)

What your family pays
$22,736 /yr

Average after grants for all families receiving federal aid. Pick your income above.

Sticker price $63,553. College Scorecard.

Augustana College Engineering Physics: pay against the field, and payback

Same major, other colleges

Augustana College graduates$85,993

Fewer than 3 Illinois colleges report earnings for this major, so there is no state median.

U.S. median (10 colleges)$88,589 (−$2,596)

Median earnings 4 years after graduating; state and U.S. figures are the median of each covered college's graduates in this major. College Scorecard; calculated by EducationGuide.

Engineering Physics nationally: jobs, pay at ages 25-34, every state →

Cost to finish and years to pay back, by income

Uses Augustana College's school-wide net price (no college reports it by major) and this major's graduate earnings.

Family incomeNet price / yrCost to finishYears to pay back
$0–30k$15,787$64,4111.3 years
$30–48k$16,525$67,4221.3 years
$48–75k$16,865$68,8091.4 years
$75–110k$22,405$91,4121.8 years
$110k+$28,086$114,5912.3 years

Cost to finish = yearly price × 4.1 years, the average time graduates took (73% finished in 4 years; students who entered fall 2017, IPEDS). Years to pay back = cost to finish ÷ the earnings gain: median earnings of Engineering Physics graduates 4 years after graduating ($85,993) minus $35,797 for high school graduates ages 25-34 in IL (Census ACS 2020-2024), a gain of $50,196 a year. Before taxes, loan interest and earnings given up while in school. Method

College Scorecard; IPEDS Graduation Rates; U.S. Census Bureau ACS. Calculated by EducationGuide.

Engineering Physics at Illinois colleges

Every Illinois college we cover that reports Engineering Physics graduate earnings, highest first. Net price is the school-wide average after grants.

RankCollegeEarnings, 4 yrsMedian debtAvg. net priceGraduation
1University of Illinois Urbana-Champaign$102,211$20,136$14,35585%
2Augustana College$85,993$27,000$22,73673%

3 more Illinois colleges offer Engineering Physics but have too few graduates to report earnings.

Careers for Engineering Physics graduates

Architectural and Engineering Managers

Davenport area$175,030
Illinois$163,610
U.S.$171,270

Median annual wage, all workers. U.S. jobs +5.5% by 2035. Typical entry: bachelor's degree.

Natural Sciences Managers

Davenport area$124,900
Illinois$159,670
U.S.$167,220

Median annual wage, all workers. U.S. jobs +8.2% by 2035. Typical entry: bachelor's degree.

BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35. Careers from the federal major-to-occupation crosswalk.

What families pay at Augustana College, by income

School-wide average after grants for students receiving federal aid. Tap your band.

College Scorecard

About Augustana College

Augustana College Engineering Physics questions

How much do Augustana College Engineering Physics graduates earn?

Engineering Physics graduates of Augustana College earn a median $85,993 four years after graduating and $54,165 one year after. The U.S. median for Engineering Physics graduates across 10 colleges is $88,589.

How much debt do Augustana College Engineering Physics graduates have?

The median federal loan debt for Engineering Physics graduates of Augustana College is $27,000, about 31% of their median earnings four years out. Nationally the median is $23,667.

Where does Augustana College rank for Engineering Physics in Illinois?

Of 2 Illinois colleges reporting Engineering Physics graduate earnings, Augustana College ranks 2nd. The highest is University of Illinois Urbana-Champaign at $102,211.

What jobs do Engineering Physics graduates get?

A common career is architectural and engineering managers, with a median wage of $175,030 in the Davenport-Moline-Rock Island, IA-IL area and $171,270 nationally. Others include natural sciences managers.

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Sources: U.S. Department of Education College Scorecard (field of study: median earnings and federal loan debt of graduates who received federal aid); BLS. How we score
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Cite this: “Augustana College Engineering Physics: earnings, debt and careers,” EducationGuide.com, https://educationguide.com/colleges/augustana-college/majors/engineering-physics (College Scorecard and BLS data).