Analysis
A mathematics bachelor's degree typically leads to solid first-year earnings, and the estimated $56,443 for comparable Maryland programs aligns with the state median—putting graduates in position to manage the projected $21,750 in debt without strain. With a debt-to-earnings ratio around 0.39, students would dedicate less than 40% of their first year's income to total educational debt, a manageable threshold by most standards.
What's less certain is how Goucher's specific outcomes compare to the Maryland average used for this estimate. The state's math programs show enormous variation, from Hopkins grads earning over $83,000 to Salisbury's $49,000—nearly a $35,000 spread. Goucher's small class sizes mean the Department of Education can't publish actual graduate outcomes, so parents can't see where this program lands within that range. The liberal arts environment may produce different career trajectories than larger research universities, and that could push outcomes either direction from the state median.
The financial fundamentals look reasonable if Goucher's graduates perform near the Maryland average. But with no actual data to confirm this assumption, families should dig into placement records and career outcomes directly from the college. Ask specifically about where recent math graduates work and what they earn—concrete examples matter more than estimates when you're making a five-figure investment.
Where Goucher College Stands
Earnings vs. debt across all mathematics bachelors's programs nationally
Compare to Similar Programs in Maryland
Mathematics bachelors's programs at peer institutions in Maryland (19 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $51,250 | $56,443* | — | $21,750* | — | |
| $63,340 | $83,171* | $117,066 | $10,859* | 0.13 | |
| $11,505 | $79,129* | $91,552 | $19,500* | 0.25 | |
| $11,306 | $56,443* | $73,315 | $25,000* | 0.44 | |
| $12,952 | $54,362* | $74,668 | $16,875* | 0.31 | |
| $10,638 | $49,125* | $61,089 | $23,250* | 0.47 | |
| 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 Goucher College, approximately 31% 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 5 similar programs in MD. Actual outcomes may vary.