Analysis
Math degrees in New York vary wildly in their financial outcomes—Cornell and RPI graduates start near $80,000, while peer programs across the state suggest typical first-year earnings around $46,000. Alfred's mathematics program, with too few recent graduates to report specific outcomes, likely falls somewhere in this middle range. Based on comparable New York programs, students here might expect to earn roughly $46,000 initially while carrying about $22,000 in debt—a manageable 0.47 debt-to-earnings ratio that could be paid off within a few years of focused repayment.
The challenge is that mathematics is an unusually outcome-dependent field. The same degree leads some graduates into high-paying quantitative roles in finance or tech (hence Cornell's impressive numbers) while others enter teaching or pursue graduate school, depressing early earnings. Without program-specific data, you're making an educated guess about which path Alfred's small cohort typically follows. The school's 39% Pell grant population and mid-tier selectivity suggest it may not have the same pipeline to elite finance and tech firms that boost earnings at top-tier programs.
If your child is genuinely interested in mathematics and Alfred offers the right fit otherwise, the estimated debt load won't create financial hardship. Just recognize that you're investing based on statewide averages, not proven outcomes from this specific program, and that career trajectory will matter far more than the degree itself in determining long-term earnings.
Where Alfred University Stands
Earnings vs. debt across all mathematics bachelors's programs nationally
Compare to Similar Programs in New York
Mathematics bachelors's programs at peer institutions in New York (83 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $39,530 | $45,880* | — | $21,697* | — | |
| $66,014 | $87,251* | $127,962 | $14,146* | 0.16 | |
| $61,884 | $80,196* | $100,012 | $24,250* | 0.30 | |
| $61,992 | $73,204* | — | $26,949* | 0.37 | |
| $60,438 | $58,481* | $90,277 | $19,500* | 0.33 | |
| $63,870 | $58,047* | $68,144 | $25,000* | 0.43 | |
| 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 Alfred University, approximately 39% 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 22 similar programs in NY. Actual outcomes may vary.