Est. Earnings (1yr)
$48,800
Est. from PA median (12 programs)
Est. Median Debt
$25,990
Est. from PA median (5 programs)

Analysis

Carnegie Mellon's elite reputation doesn't show up in these estimated figures. First-year earnings around $48,800—based on typical mathematics bachelor's programs across Pennsylvania—land right at the state median, trailing far behind what graduates from Villanova, Swarthmore, and Drexel reportedly earn. For a school with an 11% admission rate and average SAT scores of 1545, this suggests either that mathematics graduates are pursuing paths where initial earnings don't reflect long-term value (graduate school, research positions), or that the small sample size preventing actual data publication means we're missing important program-specific outcomes.

The estimated debt of roughly $26,000 is manageable given the earnings floor, yielding a debt-to-earnings ratio of 0.53. But here's the tension: families paying for Carnegie Mellon typically aren't aiming for median outcomes. The school's mathematics program likely serves students heading to PhD programs or quantitative finance roles where compensation accelerates sharply—trajectories that don't appear in first-year earnings data.

Without actual graduate outcomes from this specific program, you're essentially betting on Carnegie Mellon's brand and network rather than documented returns. If your student plans to work immediately after graduation, these estimates suggest the premium might not materialize right away. If graduate school or a competitive quantitative career is the goal, the calculation changes entirely—but you're making that investment without concrete evidence of where this particular program's graduates actually land.

Where Carnegie Mellon University Stands

Earnings vs. debt across all mathematics bachelors's programs nationally

Compare to Similar Programs in Pennsylvania

Mathematics bachelors's programs at peer institutions in Pennsylvania (74 total in state)

Scroll to see more →

SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Carnegie Mellon UniversityPittsburgh$63,829$48,800*—$25,990*—
Villanova UniversityVillanova$64,701$75,481*$84,324$25,454*0.34
Swarthmore CollegeSwarthmore$62,412$72,656*——*—
Drexel UniversityPhiladelphia$60,663$70,313*$81,966$30,899*0.44
Temple UniversityPhiladelphia$22,082$59,167*$54,614$22,500*0.38
Duquesne UniversityPittsburgh$47,146$49,314*$62,639$26,940*0.55
National Median—$48,772*—$21,500*0.44
* Estimated from similar programs

Career Paths

Occupations commonly associated with mathematics graduates

Natural Sciences Managers

Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, mathematics, statistics, and research and development in these fields.

$161,180/yrJobs growth:Bachelor's degree

Clinical Research Coordinators

Plan, direct, or coordinate clinical research projects. Direct the activities of workers engaged in clinical research projects to ensure compliance with protocols and overall clinical objectives. May evaluate and analyze clinical data.

$161,180/yrJobs growth:Bachelor's degree

Water Resource Specialists

Design or implement programs and strategies related to water resource issues such as supply, quality, and regulatory compliance issues.

$161,180/yrJobs growth:Bachelor's degree

Data Scientists

Develop and implement a set of techniques or analytics applications to transform raw data into meaningful information using data-oriented programming languages and visualization software. Apply data mining, data modeling, natural language processing, and machine learning to extract and analyze information from large structured and unstructured datasets. Visualize, interpret, and report data findings. May create dynamic data reports.

$112,590/yrJobs growth:Bachelor's degree

Business Intelligence Analysts

Produce financial and market intelligence by querying data repositories and generating periodic reports. Devise methods for identifying data patterns and trends in available information sources.

$112,590/yrJobs growth:Bachelor's degree

Clinical Data Managers

Apply knowledge of health care and database management to analyze clinical data, and to identify and report trends.

$112,590/yrJobs growth:Bachelor's degree

Mathematicians

Conduct research in fundamental mathematics or in application of mathematical techniques to science, management, and other fields. Solve problems in various fields using mathematical methods.

$104,350/yrJobs growth:Master's degree

Statisticians

Develop or apply mathematical or statistical theory and methods to collect, organize, interpret, and summarize numerical data to provide usable information. May specialize in fields such as biostatistics, agricultural statistics, business statistics, or economic statistics. Includes mathematical and survey statisticians.

$104,350/yrJobs growth:Master's degree

Biostatisticians

Develop and apply biostatistical theory and methods to the study of life sciences.

$104,350/yrJobs growth:Master's degree

Mathematical Science Teachers, Postsecondary

Teach courses pertaining to mathematical concepts, statistics, and actuarial science and to the application of original and standardized mathematical techniques in solving specific problems and situations. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Secondary School Teachers, Except Special and Career/Technical Education

Teach one or more subjects to students at the secondary school level.

$64,580/yrJobs growth:Bachelor's degree

Mathematical Science Occupations, All Other

All mathematical scientists not listed separately.

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 Carnegie Mellon University, approximately 15% 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 median of 12 similar programs in PA. Actual outcomes may vary.