Analysis
Davidson's highly selective admissions and strong academic reputation don't translate into standout early earnings for its mathematics graduates—at least based on what comparable NC programs produce. The estimated $40,888 first-year salary sits right at North Carolina's median for math bachelor's degrees, which is notably below the national median of $48,772. Even more striking: nearby Duke math graduates earn nearly three times that amount, while UNC-Chapel Hill grads start around $53,400.
The estimated debt load of $21,750 yields a manageable debt-to-earnings ratio of 0.53, meaning graduates would owe roughly half their first-year salary. That's reasonable by most measures, though the small percentage of Pell recipients (17%) suggests many families here may not be financing the full cost through loans anyway. For families paying sticker price at a private liberal arts college, the return on investment hinges heavily on what happens after that first year—graduate school prospects, career trajectory, and the value placed on Davidson's network and academic environment.
The caveat matters: these are estimates based on peer programs, not Davidson's actual outcomes. If you're considering this program, you'll want to ask Davidson directly about graduate school placement rates and career outcomes for recent math majors. The first-year number alone doesn't justify a premium tuition unless the long-term trajectory—whether through advanced degrees or employer prestige—significantly outpaces these state averages.
Where Davidson College Stands
Earnings vs. debt across all mathematics bachelors's programs nationally
Compare to Similar Programs in North Carolina
Mathematics bachelors's programs at peer institutions in North Carolina (44 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $60,300 | $40,888* | — | $21,750* | — | |
| $65,805 | $121,088* | $99,927 | $13,000* | 0.11 | |
| $8,989 | $53,402* | $87,301 | $14,500* | 0.27 | |
| $8,895 | $43,585* | — | $21,256* | 0.49 | |
| $7,214 | $42,740* | $57,150 | $25,000* | 0.58 | |
| $7,361 | $40,888* | $50,943 | $21,500* | 0.53 | |
| 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 Davidson College, approximately 17% 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 9 similar programs in NC. Actual outcomes may vary.