Analysis
A debt load around $22,000 for a mathematics degree is manageable, particularly when similar programs in Virginia suggest first-year earnings near $57,000. That debt-to-earnings ratio of 0.38 means graduates would owe roughly 5 months of salary—well within reasonable territory for a STEM field. Nearly half of Mary Baldwin students receive Pell grants, suggesting this program serves students who might not otherwise access a math degree, which adds important context to the value proposition.
The estimated earnings here align closely with Virginia's median for mathematics programs and exceed the national benchmark by nearly $9,000. While top Virginia programs like University of Mary Washington and UVA produce slightly higher initial earnings (around $60,000-$61,000), the gap isn't dramatic. Mathematics degrees generally translate to solid employment prospects, and comparable programs across the state reinforce this pattern. The estimated debt figure is also slightly below Virginia's median for math programs, though these estimates are based on broader patterns rather than this specific program's outcomes.
For parents weighing this investment, the fundamentals look sound based on what we can glean from peer institutions. Mathematics opens doors to teaching, data analysis, actuarial work, and graduate programs—all viable paths that support the debt load suggested here. The uncertainty around exact outcomes for Mary Baldwin graduates is real, but the broader picture of mathematics programs in Virginia provides reasonable confidence that this won't be a financial mistake.
Where Mary Baldwin University Stands
Earnings vs. debt across all mathematics bachelors's programs nationally
Compare to Similar Programs in Virginia
Mathematics bachelors's programs at peer institutions in Virginia (39 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $33,157 | $57,271* | — | $21,750* | — | |
| $14,559 | $61,247* | $60,523 | $24,475* | 0.40 | |
| $20,986 | $60,784* | $99,961 | $19,500* | 0.32 | |
| $25,040 | $60,494* | $91,943 | $20,750* | 0.34 | |
| $13,576 | $58,810* | $74,140 | $20,876* | 0.35 | |
| $15,478 | $55,731* | $61,470 | $23,250* | 0.42 | |
| 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 Mary Baldwin University, approximately 48% 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 VA. Actual outcomes may vary.