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
Earnings Distribution
How Augsburg University graduates compare to all programs nationally
Compare to Similar Programs in Minnesota
Mathematics bachelors's programs at peer institutions in Minnesota (27 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $43,942 | $54,387 | — | $26,452 | 0.49 | |
| $56,970 | $58,825 | $72,810 | $23,000 | 0.39 | |
| $16,488 | $58,153 | $72,102 | $22,095 | 0.38 | |
| $64,908 | $57,166 | — | $22,483 | 0.39 | |
| $14,318 | $55,482 | $65,774 | $23,975 | 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 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.