Analysis
Similar mathematics programs in Michigan suggest first-year earnings around $48,000—right in line with the national median for this credential. That figure matches what Michigan State graduates earn, though it trails considerably behind what University of Michigan-Ann Arbor produces. The estimated $25,125 in debt sits slightly above the national median for math degrees but reflects typical borrowing patterns at Lake Superior State's peer institutions.
The 0.52 debt-to-earnings ratio falls comfortably into manageable territory, meaning graduates from comparable programs typically owe about six months' salary. Mathematics degrees generally hold their value across different institutions because the skills translate directly to multiple career paths—actuarial work, data analysis, teaching, and tech roles all draw from the same foundational training. The question isn't whether a math degree works; it's whether this particular location and institution fit your child's learning style and career ambitions.
What matters here is the uncertainty itself. With too few graduates to report actual outcomes, you're making a significant financial commitment based on peer institution performance rather than Lake Superior State's track record. Before enrolling, ask the department directly about recent graduate placements, internship pipelines, and whether their curriculum emphasizes applied or theoretical mathematics—details that could explain whether this program outperforms or underperforms those state estimates.
Where Lake Superior State University Stands
Earnings vs. debt across all mathematics bachelors's programs nationally
Compare to Similar Programs in Michigan
Mathematics bachelors's programs at peer institutions in Michigan (31 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $14,266 | $47,951* | — | $25,125* | — | |
| $17,228 | $80,676* | $97,139 | $21,589* | 0.27 | |
| $15,988 | $47,951* | $54,324 | $21,500* | 0.45 | |
| $14,628 | $45,349* | $46,279 | $27,000* | 0.60 | |
| 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 Superior State University, 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 3 similar programs in MI. Actual outcomes may vary.