Analysis
Based on peer programs across Ohio, this mathematics degree appears to land in financially viable territory, with estimated first-year earnings of $49,228 and debt around $22,625—a manageable 0.46 ratio. These figures come from comparable mathematics bachelor's programs in the state, where outcomes cluster tightly around this range. The estimated earnings align almost exactly with both Ohio and national medians for math degrees, suggesting Lake Erie College's program tracks with broader market expectations for this credential.
The estimated debt figure sits slightly above Ohio's median of $20,750 but remains well within standard ranges for a four-year degree. At less than half the first-year salary, this debt load shouldn't become crushing, particularly given mathematics' generally steady career trajectory. Still, it's worth noting that stronger-performing programs in Ohio—like Kent State and Ohio State—report outcomes in the low-to-mid $50,000s, about 10% higher than what similar programs suggest for Lake Erie.
The practical question: Can you bank on these estimates? They're drawn from a small sample of Ohio programs, and Lake Erie's actual outcomes remain unknown due to limited graduate data. If your student thrives in Lake Erie's smaller college environment and pursues the degree efficiently, the numbers suggest reasonable value. But if they're targeting maximum financial return, larger state universities show modestly stronger reported earnings with comparable or lower debt.
Where Lake Erie College Stands
Earnings vs. debt across all mathematics bachelors's programs nationally
Compare to Similar Programs in Ohio
Mathematics bachelors's programs at peer institutions in Ohio (56 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $36,032 | $49,228* | — | $22,625* | — | |
| $7,272 | $54,367* | — | $19,250* | 0.35 | |
| $12,846 | $54,367* | — | $19,250* | 0.35 | |
| $12,859 | $52,921* | $58,860 | $20,500* | 0.39 | |
| $17,809 | $49,541* | — | $18,850* | 0.38 | |
| $13,570 | $48,914* | — | $20,970* | 0.43 | |
| 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 Lake Erie College, approximately 29% 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 OH. Actual outcomes may vary.