Analysis
A mathematics bachelor's degree that costs $21,500 in debt and produces $44,000 in first-year earnings sounds reasonable on paper—and the 0.49 debt-to-earnings ratio suggests manageable repayment. But these figures come from broader patterns across Louisiana math programs and similar institutions, not McNeese's actual graduate outcomes, so there's meaningful uncertainty about what to expect here.
Looking at Louisiana's math landscape provides some grounding. The estimated earnings align with the state median, putting McNeese graduates in the middle of the pack—well below Tulane's $56,000 but comparable to LSU and UL Lafayette. The estimated debt, however, sits above Louisiana's typical $15,000, which could reflect McNeese's student body composition (31% receive Pell grants) or simply the limitations of using national debt patterns as a proxy. Nationally, math degrees typically start around $49,000, suggesting Louisiana programs generally lag behind—though the lower estimated debt here partially offsets that gap.
The practical consideration: math degrees open doors to teaching, actuarial work, data analysis, and graduate study, making them more versatile than their modest starting salaries suggest. If your child plans to stay in Louisiana and the actual costs track close to these estimates, this investment could work. But given the lack of school-specific data, verify current graduation rates and placement outcomes directly with McNeese, particularly for your child's intended career path, before committing.
Where McNeese State University Stands
Earnings vs. debt across all mathematics bachelors's programs nationally
Compare to Similar Programs in Louisiana
Mathematics bachelors's programs at peer institutions in Louisiana (21 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $8,460 | $44,136* | — | $21,498* | — | |
| $65,538 | $55,916* | — | $14,957* | 0.27 | |
| $11,954 | $44,136* | $56,090 | $15,000* | 0.34 | |
| $10,418 | $42,475* | — | $24,200* | 0.57 | |
| 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 McNeese State University, approximately 31% 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 LA. Actual outcomes may vary.