Analysis
Drew University's mathematics program shows estimated debt of $21,750—right in line with national norms—but the earnings picture deserves closer scrutiny. Similar programs across New Jersey suggest first-year earnings around $50,800, which places Drew squarely at the state median. That's reasonable for a liberal arts institution, but it means graduates are starting $3,000 to $15,000 behind what mathematics majors at New Jersey's public research universities typically earn.
The debt-to-earnings ratio of 0.43 suggests manageable monthly payments, assuming graduates land jobs that use their quantitative skills. Mathematics degrees offer flexibility—from data analysis to finance to education—but that versatility only translates to financial security if graduates actively pursue roles that value their training. At smaller schools like Drew, career services and alumni networks become especially important for connecting students with employers who will pay accordingly.
The real question is whether Drew's smaller classes and liberal arts environment justify paying similar debt for potentially lower early earnings than students would see at Rutgers or NJIT. If your child thrives in intimate academic settings and will leverage that environment to build strong faculty relationships and internship connections, the tradeoff may work. But understand that this path likely means a slower financial start than the state's flagship mathematics programs offer, even if the long-term career trajectory evens out.
Where Drew University Stands
Earnings vs. debt across all mathematics bachelors's programs nationally
Compare to Similar Programs in New Jersey
Mathematics bachelors's programs at peer institutions in New Jersey (26 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $45,360 | $50,810* | — | $21,750* | — | |
| $19,022 | $65,725* | $67,694 | $26,190* | 0.40 | |
| $16,586 | $54,953* | $77,902 | $23,000* | 0.42 | |
| $17,239 | $54,953* | $77,902 | $23,000* | 0.42 | |
| $17,079 | $54,953* | $77,902 | $23,000* | 0.42 | |
| $15,532 | $53,915* | $59,973 | $25,984* | 0.48 | |
| 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 Drew University, approximately 27% 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 13 similar programs in NJ. Actual outcomes may vary.