Analysis
Is mathematics a practical major when you're borrowing $21,750 to earn what comparable Alabama programs suggest will be around $45,500 in your first year? The debt-to-earnings ratio of 0.48 looks reasonable on paper—you'd owe roughly half your annual salary—but context matters. While this estimate aligns with the state median for math bachelor's programs, it lags the $48,772 national figure by about $3,300. More concerning is the spread among Alabama schools: Athens State graduates reportedly earn $57,584 their first year, while some programs produce earnings below $32,000.
The challenge with Faulkner's program is that we're working entirely from peer comparisons rather than actual graduate outcomes. Similar programs across Alabama suggest middling earnings, and the estimated debt of $21,750 (slightly above Alabama's typical $20,000) means you'd face monthly payments around $240 over ten years. For a mathematics degree, which typically opens doors to teaching, actuarial work, or analytics roles, these figures suggest modest but manageable returns—assuming the estimates hold true.
Your decision hinges on what you can't see in this data: teaching quality, internship connections, and job placement support that might push outcomes higher or lower than peer schools suggest. Given the uncertainty and the existence of Alabama programs with stronger reported earnings, treat this as a higher-risk choice unless Faulkner offers specific advantages—scholarship money, location, or program features—that tip the scales in its favor.
Where Faulkner University Stands
Earnings vs. debt across all mathematics bachelors's programs nationally
Compare to Similar Programs in Alabama
Mathematics bachelors's programs at peer institutions in Alabama (24 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $23,920 | $45,494* | — | $21,750* | — | |
| — | $57,584* | $49,573 | —* | — | |
| $8,832 | $46,130* | $46,880 | $25,350* | 0.55 | |
| $11,900 | $44,857* | $60,584 | $20,000* | 0.45 | |
| $9,792 | $31,339* | — | $17,500* | 0.56 | |
| 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 Faulkner University, approximately 44% 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 4 similar programs in AL. Actual outcomes may vary.