Analysis
An Amherst math degree launches graduates into dramatically higher earnings than most programs, with first-year median pay of $78,500โ61% above the national median for math majors and 27% above Massachusetts' already strong state average. By year four, earnings jump to $109,199, positioning Amherst alongside MIT and just behind Tufts among Bay State institutions. The debt picture strengthens this value proposition: at $14,745, graduates carry 32% less debt than typical Massachusetts math majors and about one-third the national median. That translates to a debt-to-earnings ratio of just 0.19, meaning graduates could theoretically pay off their loans in under three months of earnings.
What makes this particularly compelling is the combination of elite outcomes with reasonable debt loads. While Amherst's 10% admission rate signals selectivity that filters for high-achieving students, the program delivers on that promise with consistent earnings growth and ranks in the 95th percentile nationally on both earnings and low debt. The moderate sample size (30-100 graduates) is solid enough for confidence in these numbers.
For families who can navigate Amherst's competitive admissions, this represents mathematics education at its strongest ROI: exceptional earning power, minimal debt burden, and four-year trajectory that suggests graduates are landing roles at top firms rather than struggling to find their footing.
Where Amherst College Stands
Earnings vs. debt across all mathematics bachelors's programs nationally
Earnings Distribution
How Amherst College graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Amherst College | $78,500 | $109,199 | +39% |
| Massachusetts Institute of Technology | $109,288 | $180,882 | +66% |
| Boston College | $74,144 | $98,946 | +33% |
| Northeastern University | $76,392 | $90,232 | +18% |
| Williams College | $55,193 | $87,931 | +59% |
Compare to Similar Programs in Massachusetts
Mathematics bachelors's programs at peer institutions in Massachusetts (44 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $67,280 | $78,500 | $109,199 | $14,745 | 0.19 | |
| $67,844 | $110,512 | โ | $17,750 | 0.16 | |
| $60,156 | $109,288 | $180,882 | $10,003 | 0.09 | |
| $63,141 | $76,392 | $90,232 | $21,750 | 0.28 | |
| $58,150 | $74,737 | โ | $19,334 | 0.26 | |
| $67,680 | $74,144 | $98,946 | $18,025 | 0.24 | |
| National Median | โ | $48,772 | โ | $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 Amherst College, approximately 22% 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.
Sample Size: Based on 32 graduates with reported earnings and 19 graduates with debt data. Small samples may not be representative.