Est. Earnings (1yr)
$60,930
Est. from national median (44 programs)
Est. Median Debt
$25,421
Est. from national median (8 programs)

Analysis

McDaniel's applied mathematics program operates in a field where strong job prospects meet manageable debt loads, though both the $60,930 first-year earnings estimate and $25,421 debt figure come from comparable bachelor's programs nationally rather than actual outcomes from this specific school. The debt-to-earnings ratio of 0.42 suggests graduates could theoretically pay off their loans in about five months of gross income—a reasonable financial position for a quantitative degree that tends to open doors in finance, analytics, and tech sectors.

The estimated debt sits slightly above the national median for applied math programs ($21,393), which matters in a state like Maryland where proximity to Washington D.C. and Baltimore creates strong demand for quantitative talent. Similar programs nationally produce first-year earnings around $61,000, positioning graduates to handle their debt burden while building careers. The challenge is that with only four schools offering this program in Maryland and none reporting public data, you're comparing McDaniel to national peers rather than direct state competitors.

For parents, the key question is whether McDaniel's smaller program size (which triggers data suppression) translates to personalized attention or limited resources. Request placement data directly from the department—where do their graduates actually land, and at what salaries? The estimated numbers suggest solid fundamentals, but you'll want confirmation that McDaniel's specific outcomes align with these peer-based projections before committing.

Where McDaniel 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

Scroll to see more →

SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
McDaniel CollegeWestminster$49,647$60,930*$25,421*
Harvard UniversityCambridge$59,076$114,279*$166,324*
Brown UniversityProvidence$68,230$99,193*$125,979$10,000*0.10
Stevens Institute of TechnologyHoboken$60,952$97,700*$25,841*0.26
Northwestern UniversityEvanston$65,997$94,684**
Columbia University in the City of New YorkNew York$69,045$91,559**
National Median$60,930*$21,393*0.35
* Estimated from similar programs

Career Paths

Occupations commonly associated with applied mathematics 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

Actuaries

Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain insurance rates required and cash reserves necessary to ensure payment of future benefits.

$125,770/yrJobs growth:Bachelor's degree

Economists

Conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods.

$115,440/yrJobs growth:Master's degree

Environmental Economists

Conduct economic analysis related to environmental protection and use of the natural environment, such as water, air, land, and renewable energy resources. Evaluate and quantify benefits, costs, incentives, and impacts of alternative options using economic principles and statistical techniques.

$115,440/yrJobs growth:Master'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

Statisticians

Develop or apply mathematical or statistical theory and methods to collect, organize, interpret, and summarize numerical data to provide usable information. May specialize in fields such as biostatistics, agricultural statistics, business statistics, or economic statistics. Includes mathematical and survey statisticians.

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

Biostatisticians

Develop and apply biostatistical theory and methods to the study of life sciences.

$104,350/yrJobs growth:Master's degree
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 McDaniel College, approximately 34% 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.