Analysis
Based on comparable Illinois mathematics programs, this bachelor's degree appears to offer reasonable value, with estimated debt around $17,000—notably lower than both the state median of $21,000 and the national median of $21,500. The projected first-year earnings of roughly $53,000 align with the state median, producing a manageable debt-to-earnings ratio of 0.32. For context, similar programs across Illinois range from about $51,000 at McKendree to over $100,000 at University of Chicago, though elite institutions represent outliers rather than typical outcomes.
The limited graduate sample that necessitated these estimates does raise a practical consideration: Elmhurst's mathematics program is small enough that the DOE can't publicly report actual outcomes. This could mean limited alumni networks in the field or fewer on-campus math-focused opportunities compared to larger programs. That said, peer programs in Illinois suggest graduates enter the workforce at competitive salaries while taking on below-average debt.
The financial picture looks solid if your child is genuinely committed to mathematics—the estimated debt burden is manageable even at typical starting salaries. However, consider whether a smaller program environment will provide adequate research opportunities, faculty mentorship, and career placement support, since those factors matter significantly in mathematics careers but aren't captured in these estimated earnings figures.
Where Elmhurst University Stands
Earnings vs. debt across all mathematics bachelors's programs nationally
Compare to Similar Programs in Illinois
Mathematics bachelors's programs at peer institutions in Illinois (48 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $41,628 | $52,597* | — | $17,084* | — | |
| $66,939 | $100,421* | $107,611 | $12,000* | 0.12 | |
| $65,997 | $79,530* | $85,521 | $12,418* | 0.16 | |
| $44,460 | $55,586* | $75,420 | $26,154* | 0.47 | |
| $16,021 | $52,597* | $56,681 | $20,309* | 0.39 | |
| $34,070 | $51,157* | $51,631 | $21,750* | 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 Elmhurst University, approximately 37% 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 IL. Actual outcomes may vary.