Analysis
Comparable applied mathematics programs nationally suggest first-year earnings around $61,000 with debt near $21,000—a manageable 0.34 ratio that looks reasonable on paper. The challenge? Ohio's applied math programs typically deliver significantly stronger outcomes, with median earnings of $82,500 and lower debt around $15,000. Ohio State's program, for instance, reports that higher figure. This gap raises questions about whether Cleveland State's version will match national patterns or underperform relative to Ohio's stronger mathematical job market.
The debt load itself isn't alarming for a STEM field, and the school's 95% admission rate means accessibility. But for an anxious parent, the concern is paying similar or higher debt for potentially lower earnings than peer programs across Ohio deliver. Applied mathematics should open doors to quantitative roles in finance, analytics, and tech—sectors where Ohio employers clearly pay premium salaries to graduates from established programs.
The uncertainty here matters. Without actual outcome data for Cleveland State's graduates, you're betting on whether this program connects students to Ohio's better-paying quantitative jobs or whether they'll trend toward national averages that lag the state by $20,000. If your child can access one of Ohio's programs with proven earnings in the $80k+ range, that's a clearer path. Otherwise, dig into Cleveland State's career placement specifically—where do their applied math graduates actually land?
Where Cleveland State University Stands
Earnings vs. debt across all applied mathematics bachelors's programs nationally
Compare to Similar Programs in Ohio
Applied Mathematics bachelors's programs at peer institutions in Ohio (18 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $12,613 | $60,930* | — | $21,000* | — | |
| $12,859 | $82,523* | — | $14,929* | 0.18 | |
| 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 Cleveland State 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 national median of 44 similar programs. Actual outcomes may vary.