Analysis
A $25,400 debt load leading to first-year earnings around $61,000 sounds reasonable on paper—that's a debt-to-earnings ratio of 0.42, well within manageable territory. But the gap between what peer programs nationally suggest ($61,000) and what North Carolina's stronger applied math programs actually deliver ($75,000 at UNC Chapel Hill) reveals a meaningful difference. Similar programs across the state place graduates earning roughly $14,000 more annually, which compounds significantly over a career.
Applied mathematics graduates typically find solid employment, but Catawba's moderately selective profile (78% admission rate, average SAT around 1136) may influence both the rigor of preparation and recruiting pipelines compared to the state's flagship programs. The estimated debt here also runs higher than North Carolina's typical $18,600 for this field, eating into what should be a favorable starting position.
For parents weighing this investment, the core question is whether Catawba's particular strengths—smaller classes, personalized attention—justify potentially starting $14,000 behind peers from more competitive programs in the same state. If your child thrives in intimate learning environments and needs that support to succeed, the trade-off may work. But if they're academically competitive enough to access UNC or similar institutions, the data suggests those programs deliver stronger financial outcomes in this field.
Where Catawba College Stands
Earnings vs. debt across all applied mathematics bachelors's programs nationally
Compare to Similar Programs in North Carolina
Applied Mathematics bachelors's programs at peer institutions in North Carolina (5 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $33,400 | $60,930* | — | $25,421* | — | |
| $8,989 | $75,105* | $104,439 | $15,300* | 0.20 | |
| 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 Catawba College, 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 national median of 44 similar programs. Actual outcomes may vary.