Analysis
Beloit College's Applied Mathematics program carries an estimated $25,421 in debt—higher than both the Wisconsin median ($21,000) and national median ($21,393) for similar programs. When peer programs nationally suggest first-year earnings around $60,930, this creates a debt-to-earnings ratio of 0.42, which translates to about five months of gross income. That's manageable territory for a STEM degree, though the University of Wisconsin-Stout's applied math graduates reportedly earn $67,159—about $6,200 more annually than what comparable programs suggest Beloit students might make.
The gap matters because Wisconsin's applied mathematics market appears stronger than the national average. With the state median sitting at $67,159 compared to the national $60,930, there's reason to wonder whether Beloit's smaller program (hence the data suppression) connects students to these higher-paying regional opportunities as effectively as larger state programs do. The higher estimated debt compounds this concern—you're potentially paying more to access a smaller network in a state where bigger programs seem to deliver better outcomes.
For parents weighing this investment, the core question is whether Beloit's liberal arts environment and smaller class sizes justify both the premium debt and potentially lower earnings trajectory. The fundamentals aren't alarming, but these estimates suggest you should dig into placement specifics: where do recent grads actually land jobs, and what salaries do they command?
Where Beloit College Stands
Earnings vs. debt across all applied mathematics bachelors's programs nationally
Compare to Similar Programs in Wisconsin
Applied Mathematics bachelors's programs at peer institutions in Wisconsin (7 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $58,554 | $60,930* | — | $25,421* | — | |
| $10,142 | $67,159* | $84,567 | $21,000* | 0.31 | |
| 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 Beloit College, approximately 29% 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.