Analysis
A Columbia mathematics degree carries considerable prestige, but the estimated $45,880 first-year earnings—based on comparable New York programs—fall surprisingly below what several peer institutions report. Cornell math graduates earn $87,251, nearly double what similar programs in the state typically produce. Even accounting for differences in career paths (some Columbia math majors may pursue graduate school or lower-paying public service work initially), the gap is substantial enough to warrant investigation. With estimated debt around $21,697, the financial burden itself isn't alarming—the debt-to-earnings ratio of 0.47 is manageable—but the opportunity cost matters when choosing between elite programs.
The estimates here are based on state medians, which means they blend outcomes across programs with very different job placement networks and alumni connections. Columbia's ultra-selective admissions (4% acceptance rate, 1547 average SAT) suggest students who could access the same career opportunities as those at Cornell or NYU, where reported math earnings are considerably higher. If Columbia graduates follow similar paths into finance, tech, or consulting—typical for elite math programs in New York—actual outcomes likely exceed the state median. However, without program-specific data, you're making an expensive bet on reputation alone. Before committing to Columbia at full cost, contact the department directly about placement outcomes and compare financial aid packages against schools with transparent, strong earnings data.
Where Columbia University in the City of New York Stands
Earnings vs. debt across all mathematics bachelors's programs nationally
Compare to Similar Programs in New York
Mathematics bachelors's programs at peer institutions in New York (83 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $69,045 | $45,880* | — | $21,697* | — | |
| $66,014 | $87,251* | $127,962 | $14,146* | 0.16 | |
| $61,884 | $80,196* | $100,012 | $24,250* | 0.30 | |
| $61,992 | $73,204* | — | $26,949* | 0.37 | |
| $60,438 | $58,481* | $90,277 | $19,500* | 0.33 | |
| $63,870 | $58,047* | $68,144 | $25,000* | 0.43 | |
| 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 Columbia University in the City of New York, approximately 23% 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 22 similar programs in NY. Actual outcomes may vary.