Analysis
Michigan State's applied mathematics bachelor's typically draws from a broad applicant pool—with an 84% admission rate—and peer programs nationally suggest first-year earnings around $61,000 against roughly $21,000 in debt. That 0.34 debt-to-earnings ratio falls comfortably within reasonable territory for a STEM degree, meaning graduates would likely devote less than six months of their first year's salary to educational debt if they borrowed the median amount.
What makes applied mathematics attractive is its flexibility: similar programs prepare graduates for roles in data analysis, actuarial work, software development, and operations research. The estimated earnings align with national medians for this field, suggesting MSU's program produces outcomes consistent with the broader market. With nearly 300 schools offering this degree nationally, employers recognize the credential, though individual outcomes will depend heavily on coursework emphasis and internship experience during college.
The caveat here is that we're working with estimates drawn from peer institutions, not MSU's actual graduate outcomes. For a field this versatile, where career paths diverge significantly based on technical skills and industry choice, those estimates provide reasonable guidance but shouldn't substitute for investigating what specific opportunities MSU's mathematics department facilitates—particularly in tech hubs like Detroit or Ann Arbor where applied math skills command premium compensation.
Where Michigan State University 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
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $15,988 | $60,930* | — | $21,000* | — | |
| $59,076 | $114,279* | $166,324 | —* | — | |
| $68,230 | $99,193* | $125,979 | $10,000* | 0.10 | |
| $60,952 | $97,700* | — | $25,841* | 0.26 | |
| $65,997 | $94,684* | — | —* | — | |
| $69,045 | $91,559* | — | —* | — | |
| National Median | — | $60,930* | — | $21,393* | 0.35 |
Career Paths
Occupations commonly associated with applied mathematics graduates
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Actuaries
Economists
Environmental Economists
Data Scientists
Business Intelligence Analysts
Clinical Data Managers
Mathematicians
Statisticians
Biostatisticians
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 Michigan State University, approximately 20% 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.