Analysis
Virginia's math bachelor's programs cluster tightly around $57,000 in first-year earnings, and data from comparable programs suggests Ferrum's graduates likely land right in that range—matching the state median and surpassing the national benchmark by nearly $9,000. The estimated $21,750 debt load sits below Virginia's typical figure and essentially matches the national median, yielding a manageable debt-to-earnings ratio of 0.38. That puts annual debt payments at roughly 12% of gross income under standard repayment, a burden most graduates can handle without derailing other financial goals.
What matters more than the specific numbers is the reality they represent: Ferrum serves a high percentage of Pell-eligible students (47%) in a rural Virginia setting, and its open-admission model means the college prioritizes access over selectivity. For families weighing this program, the question isn't whether math majors can find decent-paying work—they can, both here and elsewhere—but whether your student will thrive in this particular environment and complete the degree. The estimated outcomes suggest reasonable returns, but only for those who finish.
The limited graduate sample size that necessitates these estimates should prompt a direct conversation with Ferrum's math department about placement rates, typical career paths, and support services. If your student needs a smaller, more accessible environment to succeed in a STEM field, the projected economics work. Just verify they'll get the academic support to cross the finish line.
Where Ferrum College Stands
Earnings vs. debt across all mathematics bachelors's programs nationally
Compare to Similar Programs in Virginia
Mathematics bachelors's programs at peer institutions in Virginia (39 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $38,320 | $57,271* | — | $21,750* | — | |
| $14,559 | $61,247* | $60,523 | $24,475* | 0.40 | |
| $20,986 | $60,784* | $99,961 | $19,500* | 0.32 | |
| $25,040 | $60,494* | $91,943 | $20,750* | 0.34 | |
| $13,576 | $58,810* | $74,140 | $20,876* | 0.35 | |
| $15,478 | $55,731* | $61,470 | $23,250* | 0.42 | |
| 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 Ferrum College, approximately 47% 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 8 similar programs in VA. Actual outcomes may vary.