Analysis
A debt-to-earnings ratio of 0.45 suggests a manageable financial start for Augustana's mathematics graduates, based on what peer programs typically produce. With estimated first-year earnings around $48,800 against roughly $21,800 in debt, this falls into the range financial experts consider sustainable—you'd expect monthly loan payments well under 10% of gross income on a standard repayment plan.
What's less clear is whether Augustana's specific outcomes justify a debt load that runs slightly higher than South Dakota State's reported $18,000 median. Similar mathematics programs across the state show first-year earnings of $46,500, putting Augustana's estimated figure modestly above the local benchmark. The university's relatively selective profile (SAT scores above 1180, limited Pell enrollment) suggests it may attract students who would perform well anywhere, though we can't know from these estimates whether the program itself adds distinctive value through placement networks, research opportunities, or graduate school preparation.
The safer bet here is recognizing that mathematics degrees generally produce solid financial outcomes—the national data spanning over 1,200 programs confirms this. But with both figures estimated from peer institutions rather than Augustana's actual track record, you're essentially betting on the program performing at least as well as comparable offerings elsewhere. If your student has admission options with reported outcomes data, those would give you firmer ground for comparison.
Where Augustana University Stands
Earnings vs. debt across all mathematics bachelors's programs nationally
Compare to Similar Programs in South Dakota
Mathematics bachelors's programs at peer institutions in South Dakota (10 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $39,190 | $48,772* | — | $21,750* | — | |
| $9,299 | $46,520* | $48,395 | $18,000* | 0.39 | |
| 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 Augustana University, approximately 16% 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 253 similar programs. Actual outcomes may vary.