Physics BS - is it even worth it?

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Discussion Overview

The discussion revolves around the financial implications of pursuing a Bachelor of Science in Physics, particularly in relation to college debt and job prospects post-graduation. Participants explore concerns about the viability of a physics degree in terms of salary and career opportunities, especially compared to other fields that may offer more immediate financial stability.

Discussion Character

  • Debate/contested
  • Exploratory
  • Technical explanation
  • Conceptual clarification

Main Points Raised

  • One participant expresses concern over accumulating $120,000 in debt for a physics degree, questioning the financial return on investment and the potential for securing a well-paying job with just a BS in physics.
  • Another participant suggests that while the individual is intelligent and capable, the level of debt is concerning and may limit future options, such as pursuing graduate studies or working in startups.
  • Some participants note that there are jobs in physics, but emphasize the need for a PhD to access many of these opportunities, particularly in theoretical fields, which may have fewer job prospects.
  • One participant recounts a personal story about a physics teacher who could not pursue graduate school due to debt, highlighting the potential long-term impacts of financial decisions made during undergraduate studies.
  • There is a suggestion that transferring to a less expensive school could be a viable option to reduce debt while still obtaining a quality education.
  • Some participants argue that the financial prospects for a physics BS may not be as strong as for other technical degrees, which could lead to faster debt repayment and financial security.

Areas of Agreement / Disagreement

Participants generally agree that the level of debt is a significant concern, but there is no consensus on whether pursuing a physics degree is ultimately worth it. Multiple competing views exist regarding the job market for physics graduates and the necessity of a PhD for better job prospects.

Contextual Notes

Participants express various assumptions about job availability in different physics subfields, the impact of debt on future educational opportunities, and the potential for transferring to other institutions. There is also uncertainty regarding the financial viability of a physics degree compared to other fields.

  • #151
WannabeNewton, how important is Cornell to you? It seems to me that your problem would be easily solved by finishing out your undergrad at Stony Brook or similar institution. Another thing to remember is that because you have an undergraduate degree in physics, does not mean you cannot continue with graduate education in a different field such as EE or Materials which have less discouraging employments statistics.
The fact that your passion is in question is preposterous. You evince more zeal for this topic than almost anyone on the site, but, considering that, would you ever be happy if you did not give physics/math a shot?

Some things to consider from someone who you have helped in the past.
 
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  • #152
gsmith said:
WannabeNewton, how important is Cornell to you? It seems to me that your problem would be easily solved by finishing out your undergrad at Stony Brook or similar institution.
This question is hard to answer for me because I won't really know if I regret giving up Cornell or not until after I do, at which point it will be too late to go back if I do regret it. Transferring isn't an issue in principle but, if you put yourself in my shoes, it is easier said than done considering what has to be forsaken. It would certainly solve somethings that's for sure.

gsmith said:
Another thing to remember is that because you have an undergraduate degree in physics, does not mean you cannot continue with graduate education in a different field such as EE or Materials which have less discouraging employments statistics.
I think it can be done in principle but I've read previous threads on this site where people have said it's quite hard to go from physics -> EE PhD when there are people who already did their undergrad in EE applying for EE PhD etc.

gsmith said:
The fact that your passion is in question is preposterous. You evince more zeal for this topic than almost anyone on the site, but, considering that, would you ever be happy if you did not give physics/math a shot?
This is also what my parents asked me and honestly I would probably be unhappy, or at least disappointed, if I had to give up pure physics. Then again we can't always get what makes us happy now can we :smile:?

Thanks for the reply by the way!
 

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