Analysis
Duke's mathematics program launches graduates at $121,088—more than double what UNC Chapel Hill grads earn and triple the North Carolina median. Combined with just $13,000 in debt (roughly half the typical NC math major carries), this creates an exceptionally strong financial foundation. That 95th percentile ranking against all NC math programs isn't just good; it's a different league entirely.
The earnings drop to $99,927 by year four deserves attention, though the small sample size (under 30 graduates) makes this harder to interpret. Many Duke math grads likely pivot from high-paying first jobs in consulting or finance into graduate school, research positions, or career pivots that temporarily reduce earnings but set up long-term trajectories. Even with this decline, fourth-year earnings still dwarf what typical math majors make right out of college.
For parents weighing Duke's investment, the math itself is straightforward: low debt and extraordinary initial earning power create financial flexibility. Whether your child pursues quantitative finance, tech, graduate school, or something unexpected, they'll have options that most math majors simply don't get. The small sample caveat matters—individual outcomes will vary more than at larger programs—but the core value proposition holds. Duke's elite network and quantitative training command a real premium in the job market.
Where Duke University Stands
Earnings vs. debt across all mathematics bachelors's programs nationally
Earnings Distribution
How Duke University graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Duke University | $121,088 | $99,927 | -17% |
| University of North Carolina at Chapel Hill | $53,402 | $87,301 | +63% |
| University of North Carolina at Charlotte | $42,740 | $57,150 | +34% |
| East Carolina University | $40,888 | $50,943 | +25% |
| Appalachian State University | $40,856 | $46,853 | +15% |
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 |
|---|---|---|---|---|---|
| $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 | |
| $7,541 | $40,856 | $46,853 | $17,500 | 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 Duke University, approximately 13% 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.
Sample Size: Based on 22 graduates with reported earnings and 25 graduates with debt data. Small samples may not be representative.