Analysis
A $60,930 starting salary—typical for applied math programs nationally—coupled with an estimated $25,421 in debt creates a manageable first-year burden for this Hillsdale program. That 0.42 debt-to-earnings ratio falls comfortably within reasonable parameters, though it's worth noting both figures are estimates drawn from peer institutions rather than this specific program's track record. The debt estimate comes from similar programs at private liberal arts colleges, while the earnings figure reflects the national median for applied mathematics bachelor's degrees.
The bigger question is whether Hillsdale's distinctive academic environment justifies choosing it over Michigan's other nine applied math programs, several at large public universities that likely carry lower price tags. With a 21% admission rate and zero Pell Grant recipients, you're looking at an institution serving a particular demographic. Applied mathematics typically offers solid career flexibility—financial services, tech, consulting—and the national 75th percentile of $71,670 suggests strong performers can quickly exceed that baseline $60,930.
The lack of program-specific data means you can't verify whether Hillsdale's particular approach delivers on these projections. If your child has admission offers with actual reported outcomes, those provide more concrete ground for comparison. The estimated numbers here suggest reasonable value, but you're making that judgment without seeing how this program's graduates actually fare.
Where Hillsdale College Stands
Earnings vs. debt across all applied mathematics bachelors's programs nationally
Compare to Similar Programs Nationally
Applied Mathematics bachelors's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $32,092 | $60,930* | — | $25,421* | — | |
| $59,076 | $114,279* | $166,324 | —* | — | |
| $68,230 | $99,193* | $125,979 | $10,000* | 0.10 | |
| $60,952 | $97,700* | — | $25,841* | 0.26 | |
| $65,997 | $94,684* | — | —* | — | |
| $69,045 | $91,559* | — | —* | — | |
| National Median | — | $60,930* | — | $21,393* | 0.35 |
Career Paths
Occupations commonly associated with applied mathematics graduates
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Actuaries
Economists
Environmental Economists
Data Scientists
Business Intelligence Analysts
Clinical Data Managers
Mathematicians
Statisticians
Biostatisticians
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 Hillsdale College, approximately 0% 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 44 similar programs. Actual outcomes may vary.