Est. Earnings (1yr)
$59,063
Est. from national median (7 programs)
Est. Median Debt
$21,250
Est. from national median (5 programs)

Analysis

A debt-to-earnings ratio of 0.36 suggests manageable financial positioning for this mathematics degree, though both figures come from comparable programs nationally rather than Grinnell's specific outcomes. Similar bachelor's programs in mathematics and statistics typically produce first-year earnings around $59,000, with debt loads just over $21,000—numbers that create reasonable breathing room for recent graduates entering fields like data analysis, actuarial work, or graduate school preparation.

The challenge here is visibility. Grinnell's highly selective profile (13% admission rate, 1486 average SAT) suggests strong student preparation and institutional resources, factors that often correlate with better-than-typical outcomes. Yet we're working with national medians because the math graduate cohort is too small to report publicly. This leaves parents guessing whether Grinnell's liberal arts approach and elite peer network push outcomes above the $59,000 baseline—or whether the college's rural Iowa location creates different employment patterns than programs at larger universities.

What matters most: the estimated ratio sits comfortably below the concerning 1.0 threshold, and mathematics degrees generally offer strong long-term earning trajectories. But parents paying for Grinnell's premium environment deserve better visibility into whether that investment translates to measurably different outcomes than the national median suggests.

Where Grinnell College Stands

Earnings vs. debt across all mathematics and statistics bachelors's programs nationally

Compare to Similar Programs Nationally

Mathematics and Statistics bachelors's programs at top institutions nationally

Scroll to see more →

SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Grinnell CollegeGrinnell$64,862$59,063*$21,250*
Dartmouth CollegeHanover$65,739$102,938*$19,000*0.18
University of Notre DameNotre Dame$62,693$89,689*$106,786$19,000*0.21
New York UniversityNew York$60,438$80,154*$121,018*
Fordham UniversityBronx$61,992$59,063*$24,625*0.42
University at AlbanyAlbany$10,408$51,917*$61,222$21,750*0.42
National Median$59,063*$21,750*0.37
* Estimated from similar programs

Career Paths

Occupations commonly associated with mathematics and statistics graduates

Natural Sciences Managers

Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, mathematics, statistics, and research and development in these fields.

$161,180/yrJobs growth:Bachelor's degree

Clinical Research Coordinators

Plan, direct, or coordinate clinical research projects. Direct the activities of workers engaged in clinical research projects to ensure compliance with protocols and overall clinical objectives. May evaluate and analyze clinical data.

$161,180/yrJobs growth:Bachelor's degree

Water Resource Specialists

Design or implement programs and strategies related to water resource issues such as supply, quality, and regulatory compliance issues.

$161,180/yrJobs growth:Bachelor's degree

Data Scientists

Develop and implement a set of techniques or analytics applications to transform raw data into meaningful information using data-oriented programming languages and visualization software. Apply data mining, data modeling, natural language processing, and machine learning to extract and analyze information from large structured and unstructured datasets. Visualize, interpret, and report data findings. May create dynamic data reports.

$112,590/yrJobs growth:Bachelor's degree

Business Intelligence Analysts

Produce financial and market intelligence by querying data repositories and generating periodic reports. Devise methods for identifying data patterns and trends in available information sources.

$112,590/yrJobs growth:Bachelor's degree

Clinical Data Managers

Apply knowledge of health care and database management to analyze clinical data, and to identify and report trends.

$112,590/yrJobs growth:Bachelor's degree

Mathematicians

Conduct research in fundamental mathematics or in application of mathematical techniques to science, management, and other fields. Solve problems in various fields using mathematical methods.

$104,350/yrJobs growth:Master's degree

Mathematical Science Teachers, Postsecondary

Teach courses pertaining to mathematical concepts, statistics, and actuarial science and to the application of original and standardized mathematical techniques in solving specific problems and situations. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Mathematical Science Occupations, All Other

All mathematical scientists not listed separately.

Bioinformatics Technicians

Apply principles and methods of bioinformatics to assist scientists in areas such as pharmaceuticals, medical technology, biotechnology, computational biology, proteomics, computer information science, biology and medical informatics. Apply bioinformatics tools to visualize, analyze, manipulate or interpret molecular data. May build and maintain databases for processing and analyzing genomic or other biological information.

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 Grinnell College, approximately 17% 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 national median of 7 similar programs. Actual outcomes may vary.