Analysis
A debt-to-earnings ratio of 0.48 is solid on paper, but the underlying numbers tell a more complicated story. Similar Management Sciences programs in North Carolina suggest first-year earnings around $51,000—notably below the $62,000 national median for this field. That $11,000 gap is substantial, especially when you're carrying an estimated $25,000 in debt based on typical borrowing patterns at similar private institutions.
North Carolina's quantitative management programs show considerable variation, with graduates from comparable schools earning anywhere from $45,500 to $56,300. The lower end of that range would push your debt-to-earnings ratio into less comfortable territory. What's concerning is that this analytical field typically commands stronger starting salaries nationally, yet North Carolina programs—including peer institutions—aren't capturing that premium. Whether that reflects regional salary norms or program positioning isn't clear from the available data.
The practical question: can your family afford this program if actual outcomes fall toward the lower end of these estimates? At $25,000 in debt and $45,000 in earnings, monthly loan payments would consume a meaningful chunk of take-home pay. Given Elon's 9% Pell Grant population, most families here are paying closer to sticker price. If you're financing this degree significantly, look hard at what specific employers recruit from Elon's program and what their typical offers are—those concrete data points matter more than statewide estimates when you're writing the check.
Where Elon University Stands
Earnings vs. debt across all management sciences and quantitative methods bachelors's programs nationally
Compare to Similar Programs in North Carolina
Management Sciences and Quantitative Methods bachelors's programs at peer institutions in North Carolina (8 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $44,536 | $51,384* | — | $24,840* | — | |
| $7,541 | $56,340* | — | $24,250* | 0.43 | |
| $7,214 | $51,384* | — | $23,250* | 0.45 | |
| $30,900 | $45,534* | — | $27,000* | 0.59 | |
| National Median | — | $62,069* | — | $23,250* | 0.37 |
Career Paths
Occupations commonly associated with management sciences and quantitative methods graduates
Actuaries
Data Scientists
Business Intelligence Analysts
Clinical Data Managers
Chief Executives
Chief Sustainability Officers
General and Operations Managers
Statisticians
Biostatisticians
Financial Risk Specialists
Management Analysts
Operations Research Analysts
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 Elon University, approximately 9% 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 3 similar programs in NC. Actual outcomes may vary.