Analysis
Carnegie Mellon's statistics graduates earn $93,111 in their first year—56% above the national median for this degree and matching Pennsylvania's state median. More impressive is the trajectory: earnings jump to nearly $143,000 by year four, a 54% increase that reflects how quantitative skills command premium pay as graduates move into data science and analytics roles. At the 95th percentile nationally, this program clearly delivers exceptional outcomes, though it's worth noting that within Pennsylvania, it sits at the 60th percentile—Penn's Wharton leads the state, but CMU significantly outperforms most alternatives.
The $21,375 median debt translates to a remarkably low 0.23 debt-to-earnings ratio, meaning graduates owe just three months of their starting salary. This manageable debt load, combined with strong earning potential, creates one of the better financial profiles you'll find for a statistics degree. The moderate sample size (30-100 graduates) means these figures are reliable, though not drawn from huge cohorts.
For a family considering CMU's 11% admission rate and elite academic environment, this program justifies the investment. Statistics graduates here aren't just finding jobs—they're accessing high-growth career paths that reward quantitative expertise increasingly over time.
Where Carnegie Mellon University Stands
Earnings vs. debt across all statistics bachelors's programs nationally
Earnings Distribution
How Carnegie Mellon University graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Carnegie Mellon University | $93,111 | $142,883 | +53% |
| Duke University | $97,197 | $113,854 | +17% |
| University of California-Berkeley | $83,227 | $102,151 | +23% |
| University of Michigan-Ann Arbor | $64,371 | $98,758 | +53% |
| Purdue University-Main Campus | $72,579 | $90,328 | +24% |
Compare to Similar Programs in Pennsylvania
Statistics bachelors's programs at peer institutions in Pennsylvania (9 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $63,829 | $93,111 | $142,883 | $21,375 | 0.23 | |
| $66,104 | $129,732 | — | — | — | |
| $22,082 | $60,765 | — | $26,816 | 0.44 | |
| National Median | — | $59,718 | — | $20,150 | 0.34 |
Career Paths
Occupations commonly associated with statistics graduates
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Actuaries
Data Scientists
Business Intelligence Analysts
Clinical Data Managers
Mathematicians
Statisticians
Biostatisticians
Mathematical Science Teachers, Postsecondary
Survey Researchers
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.
Sample Size: Based on 37 graduates with reported earnings and 38 graduates with debt data. Small samples may not be representative.