Does a Mathematics Degree Pay Off? Earnings, Debt & Schools

Other degree levels for this field: Associate degrees · Master's degrees

This page shows what graduates with a bachelor's degree in Mathematics earn four years after graduating, what they typically owe, the schools that report these figures (listed alphabetically), and the occupations linked to this field by the federal CIP-to-SOC crosswalk. It covers 289 reporting units (schools, or groups of campuses that report together) with these figures.

Median earnings, 4 years after graduation

$69,562

All graduates nationally

Middle half of graduates nationally

$49,058–$97,414

25th to 75th percentile

Typical federal debt of graduates

$21,400

Median across reporting units

Schools reporting earnings for Mathematics graduates

Listed alphabetically to start; MajorPays does not rank schools. Click a column heading to sort; shift-click more headings to sort by several columns as a group. Median earnings four years after graduation, bachelor's degree, for programs with at least 30 graduates measured (140 reporting units; campuses that share one federal school ID report together and appear once). Schools with fewer graduates in the major, or whose figure the Department of Education withholds, are not listed.

School	State	Median earnings, 4 years after	Graduates measured
Amherst College	MA	$124,324	32
Appalachian State University	NC	$62,271	45
Arizona State University Campus Immersion	AZ	$79,013	100
Binghamton University	NY	$82,492	110
Boston College	MA	$111,072	53
Boston University	MA	$84,784	41
Bowling Green State University-Main Campus	OH	$74,705	37
Bridgewater State University	MA	$54,709	66
California Polytechnic State University-San Luis Obispo	CA	$83,187	39
California State Polytechnic University-Pomona	CA	$63,059	90
California State University-Channel Islands	CA	$70,628	37
California State University-Dominguez Hills	CA	$68,900	31
California State University-Long Beach	CA	$61,754	38
California State University-Sacramento	CA	$59,162	60
California State University-San Bernardino	CA	$57,603	95
Central Connecticut State University	CT	$72,859	36
Clemson University	SC	$82,450	56
Cleveland State University	OH	$58,346	36
College of the Holy Cross	MA	$96,927	52
Commonwealth University of Pennsylvania	PA	$62,779	44
Cornell University	NY	$134,455	31
CUNY Bernard M Baruch College	NY	$85,820	36
CUNY Lehman College	NY	$71,718	37
CUNY Queens College	NY	$74,659	44
DePaul University	IL	$89,908	48
East Texas A&M University	TX	$74,396	57
Florida State University	FL	$68,131	52
George Mason University	VA	$77,519	44
Georgia Southern University	GA	$59,424	33
Georgia State University	GA	$68,916	42
Grand Valley State University	MI	$51,753	70
Illinois State University	IL	$75,318	71
Indiana University-East	IN	$71,223	47
Iowa State University	IA	$62,261	49
James Madison University	VA	$75,295	59
Johns Hopkins University	MD	$134,785	44
Kean University	NJ	$59,082	73
Kent State University at Kent (reported together with 1 other campus under one federal school ID)	OH	$76,336	34
Louisiana State University and Agricultural & Mechanical College	LA	$64,121	33
Macalester College	MN	$91,979	37
Massachusetts Institute of Technology	MA	$174,951	46
Metropolitan State University of Denver	CO	$65,179	64
Michigan State University	MI	$72,226	63
Michigan Technological University	MI	$73,271	30
Millersville University of Pennsylvania	PA	$59,588	35
Monmouth University	NJ	$68,774	32
Montclair State University	NJ	$68,371	60
New Jersey City University	NJ	$58,323	36
New Jersey Institute of Technology	NJ	$94,840	37
North Carolina State University at Raleigh	NC	$92,594	33
Northeastern University	MA	$125,084	46
Northern Arizona University	AZ	$54,149	30
Northern Illinois University	IL	$69,856	65
Northwestern University	IL	$107,072	31
Ohio State University-Main Campus	OH	$81,909	92
Oregon State University	OR	$72,318	31
Pennsylvania State University-Main Campus (reported together with 3 other campuses under one federal school ID)	PA	$77,336	88
Pennsylvania Western University	PA	$51,498	32
Portland State University	OR	$68,280	63
Purdue University-Main Campus	IN	$58,453	32
Rensselaer Polytechnic Institute	NY	$105,768	35
Rowan University	NJ	$63,146	70
Rutgers University-Camden (reported together with 2 other campuses under one federal school ID)	NJ	$81,845	142
Sam Houston State University	TX	$61,617	32
Shippensburg University of Pennsylvania	PA	$69,153	35
South Dakota State University	SD	$67,059	32
Southern New Hampshire University	NH	$68,414	199
St Olaf College	MN	$87,691	54
Stockton University	NJ	$64,242	43
Stony Brook University	NY	$62,727	36
SUNY College at Geneseo	NY	$70,117	40
SUNY Oneonta	NY	$72,651	33
Texas A & M International University	TX	$55,272	41
Texas A&M University-College Station	TX	$59,590	37
Texas State University	TX	$58,566	40
Texas Tech University	TX	$69,664	109
The College of New Jersey	NJ	$91,736	38
The University of Alabama	AL	$77,899	30
The University of Texas at Arlington	TX	$66,261	58
The University of Texas at Austin	TX	$88,434	201
The University of Texas at Dallas	TX	$69,383	48
The University of Texas at El Paso	TX	$57,392	41
The University of Texas at San Antonio	TX	$57,944	67
The University of Texas Rio Grande Valley	TX	$60,645	81
Towson University	MD	$72,409	34
University at Albany	NY	$71,211	75
University at Buffalo	NY	$60,882	64
University of Alabama at Birmingham	AL	$57,453	30
University of Arizona	AZ	$66,381	50
University of California-Berkeley	CA	$80,654	49
University of California-Davis	CA	$72,640	62
University of California-Irvine	CA	$77,472	66
University of California-Los Angeles	CA	$99,269	69
University of California-Riverside	CA	$63,596	160
University of California-San Diego	CA	$79,015	111
University of California-Santa Barbara	CA	$85,391	93
University of California-Santa Cruz	CA	$59,214	70
University of Chicago	IL	$172,826	44
University of Colorado Boulder	CO	$90,635	30
University of Connecticut	CT	$68,325	45
University of Florida	FL	$93,022	59
University of Houston	TX	$62,833	93
University of Illinois Urbana-Champaign	IL	$78,891	57
University of Iowa	IA	$82,411	52
University of Maryland-Baltimore County	MD	$88,967	63
University of Maryland-College Park	MD	$99,689	86
University of Massachusetts-Amherst	MA	$83,338	76
University of Massachusetts-Lowell	MA	$72,826	73
University of Michigan-Ann Arbor	MI	$109,146	85
University of Minnesota-Duluth	MN	$75,633	42
University of Minnesota-Twin Cities	MN	$81,864	133
University of Missouri-Columbia	MO	$81,518	30
University of Nebraska-Lincoln	NE	$79,251	44
University of Nevada-Reno	NV	$70,681	30
University of North Carolina at Chapel Hill	NC	$101,599	69
University of North Carolina at Charlotte	NC	$66,450	106
University of North Carolina Wilmington	NC	$66,941	41
University of North Texas	TX	$62,465	59
University of Northern Iowa	IA	$44,407	32
University of Oregon	OR	$82,191	40
University of Pittsburgh-Johnstown (reported together with 1 other campus under one federal school ID)	PA	$56,143	30
University of Puget Sound	WA	$75,462	75
University of Rhode Island	RI	$73,746	40
University of South Carolina-Columbia	SC	$62,278	35
University of South Florida	FL	$59,125	43
University of Utah	UT	$71,059	35
University of Vermont	VT	$65,139	37
University of Virginia-Main Campus	VA	$91,236	46
University of Washington-Bothell Campus (reported together with 1 other campus under one federal school ID)	WA	$100,127	58
University of Wisconsin-Eau Claire	WI	$83,027	70
University of Wisconsin-Madison	WI	$101,438	92
University of Wisconsin-Milwaukee	WI	$70,656	41
University of Wisconsin-Stevens Point	WI	$62,883	37
University of Wisconsin-Whitewater	WI	$63,850	44
Vanderbilt University	TN	$141,171	47
Villanova University	PA	$109,851	56
Virginia Commonwealth University	VA	$68,457	84
Virginia Polytechnic Institute and State University	VA	$67,763	71
Western Washington University	WA	$54,234	33
Whitworth University	WA	$73,097	38

See every school that awarded bachelor's degrees in Mathematics in 2023-24, including schools that do not report earnings, with the number of degrees awarded (IPEDS Completions).

Occupations O*NET associates with this field

Occupations that U.S. Department of Labor O*NET data links to Mathematics programs, with each occupation's national median pay, projected job growth and yearly openings. They are listed in the order O*NET links them to this field; click a column heading to sort. This is a classification crosswalk, not evidence that graduates enter these jobs, and many of these occupations require more education, a license or experience beyond this credential. The figures describe the occupation, not the graduates of this major.

Career	Median pay, 2025	Projected growth, 2025–2035	Openings per year
Natural Sciences Managers	$167,220	+8.2%	9,200
Clinical Research Coordinators	$167,220	+8.2%	9,200
Water Resource Specialists	$167,220	+8.2%	9,200
Mathematicians	$126,710	+0.6%	100
Mathematical Science Teachers, Postsecondary	$79,940	+1.7%	3,900
Statisticians	$105,650	+11.0%	1,900
Biostatisticians	$105,650	+11.0%	1,900
Data Scientists	$120,230	+34.6%	24,800
Business Intelligence Analysts	$120,230	+34.6%	24,800
Clinical Data Managers	$120,230	+34.6%	24,800

Frequently asked questions

Does a Mathematics degree pay off?

Graduates with a bachelor's degree in Mathematics earn a median of $69,562 four years after graduating, and typically owe about $21,400 in federal loans. Earnings four years out are early-career pay, and they vary widely by school, job and place. Compare the pay with the cost of your own school on its graduate earnings page.

How much do college graduates earn overall?

See earnings by education level and by state.

Do Mathematics graduates work in their field?

The National Survey of College Graduates (2023) asked employed graduates whose highest degree is a bachelor's in mathematics and statistics how closely their job relates to their degree. About 40% said closely related, 38% somewhat related and 22% not related (roughly 533 thousand graduates). This is a broad group of fields, not only Mathematics, and a job outside the field is not a bad outcome by itself.

Closely relatedSomewhat relatedNot related

Source: U.S. National Science Foundation, National Center for Science and Engineering Statistics, National Survey of College Graduates, 2023 (Table 1-3, bachelor's level, all occupations). Survey estimates, rounded by NSF. MajorPays selected and reorganized these figures; NSF has not approved or endorsed them.

Source: U.S. Dept. of Education, College Scorecard field-of-study data (June 2026 release), licensed under Creative Commons Attribution; careers from O*NET 31.0 by the U.S. Dept. of Labor, ETA, licensed under CC BY 4.0. Career pay, growth and openings: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (May 2025) and Employment Projections (2025-2035). MajorPays has selected and reorganized these figures; neither agency has approved or endorsed them. O*NET® is a trademark of USDOL/ETA. MajorPays has modified all or some of the O*NET information; USDOL/ETA has not approved, endorsed, or tested these modifications. Earnings are for graduates who received federal financial aid and were working and not enrolled four years after finishing (graduates of academic years 2014-15 and 2015-16, in 2021 dollars; the debt figures are for graduates of 2018-19 and 2019-20); the data says nothing about how much a school added to its graduates' earnings.