Mathematics at Augsburg University
Bachelor's Degree
Analysis
Augsburg's math program sits in an unusual spot: it beats three-quarters of similar programs nationwide but falls below the median for Minnesota, where math graduates typically earn $57,166 their first year. That $2,800 gap matters when you're comparing in-state options—graduates from St. Olaf and the University of Minnesota-Twin Cities both clear $58,000 in their first year.
The debt picture, however, is genuinely impressive. At $26,452, Augsburg math graduates carry less debt than 90% of math programs nationally and roughly $3,500 more than the Minnesota median. The debt-to-earnings ratio of 0.49 means graduates owe less than half their first-year salary—a comfortable position for starting out. For a school where 52% of students receive Pell grants, keeping debt this manageable while serving many lower-income students is noteworthy.
The catch: we're looking at a small sample (under 30 graduates), so individual outcomes could vary more than usual. If your child is choosing between Augsburg and the U of M or St. Olaf, those schools offer marginally higher earnings with similar debt loads. But if Augsburg's environment or support services feel like a better fit, the financial difference isn't dramatic enough to override that judgment. This program won't maximize first-year earnings, but it won't saddle graduates with crushing debt either.
Where Augsburg University Stands
Earnings vs. debt across all mathematics bachelors's programs nationally
Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.
Earnings Distribution
How Augsburg University graduates compare to all programs nationally
Augsburg University graduates earn $54k, placing them in the 74th percentile of all mathematics bachelors programs nationally.
Compare to Similar Programs in Minnesota
Mathematics bachelors's programs at peer institutions in Minnesota (27 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Augsburg University | $54,387 | — | $26,452 | 0.49 |
| St Olaf College | $58,825 | $72,810 | $23,000 | 0.39 |
| University of Minnesota-Twin Cities | $58,153 | $72,102 | $22,095 | 0.38 |
| Macalester College | $57,166 | — | $22,483 | 0.39 |
| University of Minnesota-Duluth | $55,482 | $65,774 | $23,975 | 0.43 |
| National Median | $48,772 | — | $21,500 | 0.44 |
Other Mathematics Programs in Minnesota
Compare tuition, earnings, and debt across Minnesota schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| St Olaf College Northfield | $56,970 | $58,825 | $23,000 |
| University of Minnesota-Twin Cities Minneapolis | $16,488 | $58,153 | $22,095 |
| Macalester College Saint Paul | $64,908 | $57,166 | $22,483 |
| University of Minnesota-Duluth Duluth | $14,318 | $55,482 | $23,975 |
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 Augsburg University, approximately 52% 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 22 graduates with reported earnings and 22 graduates with debt data. Small samples may not be representative.