Analysis
Boston University's Applied Mathematics program faces a significant gap when compared to other Massachusetts options. While comparable programs nationally suggest first-year earnings around $61,000, other applied math programs in Massachusetts typically produce much stronger outcomes—the state median sits at $98,000, with Harvard graduates earning $114,000 and even Wentworth Institute hitting $82,000. That's a substantial difference that raises questions about whether this particular path maximizes the value of a BU degree.
The estimated debt load of about $25,000 appears manageable against national benchmarks, and the debt-to-earnings ratio of 0.42 suggests graduates could handle repayment without major strain. However, that calculation assumes the $61,000 earning estimate holds true. If BU's actual outcomes track closer to the Massachusetts median—which seems plausible given the school's 11% admission rate and strong student profile—the financial picture improves considerably.
The uncertainty here matters. Your child would be attending one of Massachusetts' most selective universities, yet the available data suggests earnings more aligned with national averages than state performance. Before committing, push the career services office for concrete placement data: where do applied math graduates actually land, and what do they earn? The gap between estimated and typical Massachusetts outcomes is too wide to ignore, and you need school-specific information to know which side of that range you're buying into.
Where Boston University Stands
Earnings vs. debt across all applied mathematics bachelors's programs nationally
Compare to Similar Programs in Massachusetts
Applied Mathematics bachelors's programs at peer institutions in Massachusetts (19 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $65,168 | $60,930* | — | $25,421* | — | |
| $59,076 | $114,279* | $166,324 | —* | — | |
| $41,010 | $82,152* | — | —* | — | |
| 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 Boston University, approximately 18% 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.