Analysis
Starting salaries around $61,000 would be strong for many Bachelor's programs, but Applied Mathematics graduates at peer institutions nationally typically face about $21,400 in debt—roughly $4,000 less than Anderson's estimated $25,400. That extra borrowing matters because it chips away at what could otherwise be a healthy return on investment. The debt-to-earnings ratio of 0.42 suggests manageable repayment, but you're essentially paying a premium compared to the national median for similar programs.
The challenge here is that with no reported data from Anderson itself and limited visibility into Indiana's other Applied Mathematics programs, you're making this decision on borrowed benchmarks. The $61,000 estimate comes from national peers, which means you don't know if Anderson's program actually launches graduates into similar roles. Some schools excel at connecting math majors with employers; others leave students to navigate that transition alone. With a 53% admission rate and modest test scores, Anderson serves a broader population than elite STEM schools, which could affect both rigor and recruitment pipelines.
If your child has strong quantitative skills and can graduate near the national debt median, this path makes financial sense. But the higher debt estimate combined with uncertainty about actual outcomes means you need concrete evidence—internship support, employer partnerships, recent graduate placements—that Anderson's program delivers on the promise these estimates suggest.
Where Anderson University Stands
Earnings vs. debt across all applied mathematics bachelors's programs nationally
Compare to Similar Programs Nationally
Applied Mathematics bachelors's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $35,640 | $60,930* | — | $25,421* | — | |
| $59,076 | $114,279* | $166,324 | —* | — | |
| $68,230 | $99,193* | $125,979 | $10,000* | 0.10 | |
| $60,952 | $97,700* | — | $25,841* | 0.26 | |
| $65,997 | $94,684* | — | —* | — | |
| $69,045 | $91,559* | — | —* | — | |
| National Median | — | $60,930* | — | $21,393* | 0.35 |
Career Paths
Occupations commonly associated with applied mathematics graduates
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Actuaries
Economists
Environmental Economists
Data Scientists
Business Intelligence Analysts
Clinical Data Managers
Mathematicians
Statisticians
Biostatisticians
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 Anderson University, approximately 36% 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 national median of 44 similar programs. Actual outcomes may vary.