Analysis
A mathematics bachelor's with an estimated debt-to-earnings ratio of 0.42 represents solid financial footing—roughly five months of salary to repay $21,750 in loans. Similar programs across Tennessee suggest first-year earnings around $51,000, which exceeds both the national benchmark for math degrees ($48,772) and aligns with the state median. This positions Carson-Newman's program in reasonable territory for a private liberal arts college, where the estimated debt sits just above the national norm but remains manageable given the earning potential.
What's harder to gauge is whether this specific program delivers the state-median outcome. Tennessee's math programs show enormous variation—from Vanderbilt's six-figure earners to UT-Knoxville's $39,000—and without Carson-Newman's actual graduate data, you're making an educated guess based on peer institutions. The university serves a substantial population of Pell-eligible students (39%), which could indicate strong support systems, but it also means financial margins matter more for many families here.
The practical question: can you afford the estimated $22,000 in debt if outcomes fall below the state median? Math degrees generally offer career flexibility, but if your child's heading toward teaching rather than actuarial work or data science, that first-year salary could look quite different. The estimation uncertainty here means you'll want to dig into Carson-Newman's career placement specifics and alumni outcomes before committing.
Where Carson-Newman University Stands
Earnings vs. debt across all mathematics bachelors's programs nationally
Compare to Similar Programs in Tennessee
Mathematics bachelors's programs at peer institutions in Tennessee (34 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $34,700 | $51,247* | — | $21,750* | — | |
| $63,946 | $103,812* | $125,955 | $10,000* | 0.10 | |
| $10,344 | $57,310* | — | $24,125* | 0.42 | |
| $9,506 | $45,184* | $52,689 | $18,750* | 0.41 | |
| $13,484 | $39,043* | $45,382 | $25,000* | 0.64 | |
| 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 Carson-Newman University, approximately 39% 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 4 similar programs in TN. Actual outcomes may vary.