Analysis
Indiana math programs show considerable spread—from Rose-Hulman's $86,000 grads to Purdue's near $50,000—and DePauw's position depends entirely on where its alumni actually land. The estimated $58,764 first-year earnings, based on Indiana's median for math programs, would place this program solidly middle-of-the-pack statewide and well above the $48,772 national benchmark. With estimated debt around $21,750, the financial picture looks manageable if those earnings hold true, producing a debt-to-earnings ratio that suggests borrowing less than five months of first-year salary.
The uncertainty here matters because DePauw operates in a competitive Indiana landscape where similar-seeming programs produce vastly different outcomes. The school's 54% admission rate and strong SAT scores suggest solid student preparation, but without actual graduate data, you're making assumptions about post-graduation paths—whether alumni enter lucrative analytics roles, pursue graduate school, or take lower-paying positions. The low Pell grant percentage (16%) indicates a relatively affluent student body, which sometimes correlates with better networking opportunities but doesn't guarantee career outcomes.
If DePauw's math graduates actually perform near the state median, this investment makes financial sense. But you're essentially betting on outcomes similar to peer programs without confirmation. Before committing, push the school for concrete placement data—where recent math grads actually work and what they earn—to validate whether this estimated picture reflects reality.
Where DePauw University Stands
Earnings vs. debt across all mathematics bachelors's programs nationally
Compare to Similar Programs in Indiana
Mathematics bachelors's programs at peer institutions in Indiana (37 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $57,070 | $58,764* | — | $21,750* | — | |
| $56,674 | $85,977* | $96,973 | $25,000* | 0.29 | |
| $62,693 | $65,302* | $87,725 | $19,000* | 0.29 | |
| $11,790 | $59,277* | $74,190 | $22,000* | 0.37 | |
| $8,179 | $58,764* | $55,844 | $22,388* | 0.38 | |
| $9,992 | $49,387* | — | $18,820* | 0.38 | |
| 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 DePauw University, approximately 16% 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 7 similar programs in IN. Actual outcomes may vary.