Bachelor's · earnings grade

Is a Mathematics degree worth it?

Graduates earn a median $47,260 two years after finishing, more than 60% of bachelor's majors. Measured across 1,228 US programmes by the Department of Education — real graduate pay, not survey answers.

B

The verdict on the money

Yes — graduates earn more than most majors at this level.

Median earnings $47,260 2 years after finishing · per graduate
Typical range $38,289–$49,436 middle half of US programmes
Over no degree +$7,740 vs $39,520 high-school median
Graduates a year 19,260 1,228 programmes

Where a Mathematics degree pays best US programmes ranked on their own graduates' median earnings two years out.

#University1 yr out2 yrs out3 yrs outGraduates/yr
1 Swarthmore College cost & debt at this university → $59,964 $125,015 not published 49
2 Massachusetts Institute of Technology cost & debt at this university → $82,796 $117,572 $155,540 139
3 Dartmouth College cost & debt at this university → $76,013 $103,078 $71,100 64
4 Rice University cost & debt at this university → not published $97,071 not published 47
5 Cornell University cost & debt at this university → $77,827 $91,211 $102,995 103
6 Johns Hopkins University cost & debt at this university → $70,019 $86,867 $101,777 102
7 Duke University cost & debt at this university → not published $81,333 $84,729 83
8 Vanderbilt University cost & debt at this university → $76,609 $80,309 $95,754 157
9 Washington and Lee University cost & debt at this university → not published $76,460 $69,951 15
10 Rose-Hulman Institute of Technology cost & debt at this university → not published $76,460 $86,525 10
11 Northwestern University $68,815 $75,518 $76,013 72
12 University of Chicago cost & debt at this university → $81,753 $72,022 $81,130 181

What this figure does and does not tell you

Two medians are worth separating. $47,260 is what the typical graduate earns — each programme counted in proportion to how many students it graduates. $43,687 is what the typical programme reports, counting a class of twenty the same as a class of two thousand. The weighted figure is higher here, which means the larger programmes in this field are the better-paying ones.

It is the median of what real graduates of this exact major earned, taken from tax records two years after they completed. It is not a starting salary, not an average of job adverts, and not a projection. The median bachelor's major in this dataset reports $36,497, so Mathematics sits above the middle by $10,763.

Two years is early in a career. Fields with long training pipelines — medicine, law, research — look weaker at this point than they will at ten, while trades and applied technical fields peak sooner. Read a low figure in a long-pipeline subject as "slow start", not "bad degree".

There is no debt figure here on purpose. The Department of Education publishes earnings by field of study but not borrowing, so nobody can honestly tell you the debt of a specific major. Debt is published per institution — that is where our university cost pages carry it.

Mathematics at other levels

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Mathematics: the questions people ask

How much do Mathematics graduates earn?
The median bachelor's graduate earns $47,260 two years after finishing (weighting each programme by how many students it graduates), across 364 US programmes that publish the figure. One year out it is $43,164.
Is a Mathematics degree worth it?
Yes — graduates earn more than most majors at this level. The median graduate earns $7,740 a year more than a US worker whose highest qualification is a high-school diploma.
What is the salary range for Mathematics?
Half of US programmes report medians between $38,289 and $49,436. Where you study moves this figure more than most applicants expect.
How many people graduate in Mathematics each year?
About 19,260 students complete a bachelor's in this field each year across 1,228 US programmes.
Does this include student debt?
No — and deliberately. The Department of Education publishes earnings by field of study but not debt, so any "debt by major" figure you see elsewhere is an estimate. Debt is published per institution, which is why our university pages carry it and this page does not.

Source: US Department of Education College Scorecard, field-of-study earnings (median earnings of graduates who received federal financial aid, measured 1–3 years after completion). Figures are per major and credential level, pooled across US programmes. Information only, not financial advice.