Analysis
Peer mathematics programs in Michigan suggest first-year earnings around $48,000—squarely in line with the national median for math bachelor's degrees. With estimated debt of $21,750, this translates to a manageable debt-to-earnings ratio of 0.45, meaning graduates would owe less than half their first year's salary. For context, national data shows typical debt loads for math majors at similar institutions running about $21,500, so Albion appears consistent with broader patterns.
What makes the limited data here particularly challenging is the enormous range among Michigan's math programs. University of Michigan grads earn nearly $81,000 in their first year—almost 70% more than what comparable programs suggest for Albion. Even acknowledging that U-M is highly selective, this gap is striking for the same credential in the same state. The difference between spending four years at Albion versus a large public university could mean $30,000+ annually in early-career earnings, which compounds significantly over time.
The bottom line: If these estimates hold, Albion's math program produces workable debt relative to typical starting salaries, but you're potentially leaving substantial earning power on the table compared to in-state alternatives. Before committing to a private college price tag, confirm what financial aid would bring your actual out-of-pocket costs to, and compare that carefully against Michigan's public options where outcomes data is more robust.
Where Albion College Stands
Earnings vs. debt across all mathematics bachelors's programs nationally
Compare to Similar Programs in Michigan
Mathematics bachelors's programs at peer institutions in Michigan (31 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $55,746 | $47,951* | — | $21,750* | — | |
| $17,228 | $80,676* | $97,139 | $21,589* | 0.27 | |
| $15,988 | $47,951* | $54,324 | $21,500* | 0.45 | |
| $14,628 | $45,349* | $46,279 | $27,000* | 0.60 | |
| National Median | — | $48,772* | — | $21,500* | 0.44 |
Career Paths
Occupations commonly associated with mathematics graduates
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Data Scientists
Business Intelligence Analysts
Clinical Data Managers
Mathematicians
Statisticians
Biostatisticians
Mathematical Science Teachers, Postsecondary
Secondary School Teachers, Except Special and Career/Technical Education
Mathematical Science Occupations, All Other
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 Albion College, approximately 45% 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 median of 3 similar programs in MI. Actual outcomes may vary.