Analysis
This program faces an unusual challenge: while NC State is a selective STEM institution, the estimated earnings of $60,930 suggest this Applied Mathematics degree lags significantly behind what similar programs produce in North Carolina. UNC-Chapel Hill's Applied Math graduates, for instance, earn $75,105 in their first year—about $14,000 more annually. That's a meaningful gap when you're considering a selective university with strong STEM credentials.
The debt load of $21,976 sits near the national median for Applied Math programs, yielding a manageable debt-to-earnings ratio of 0.36. This means students would need roughly 4.3 months of gross income to cover their loans—workable by conventional standards. But here's the rub: that calculation assumes the national earnings estimate reflects what NC State graduates actually earn, and given how far below state benchmarks these figures fall, there's real uncertainty whether this school's program performs closer to the national average or the stronger North Carolina norm.
For anxious parents, the question becomes whether you trust NC State's reputation and STEM focus to deliver outcomes more like its in-state peers, or whether these national estimates signal genuine underperformance. At a 40% admission rate with strong SAT scores, this isn't a school struggling for quality students. If actual outcomes approach the NC median of $75,105, this becomes an excellent value. If they track closer to $60,930, you're paying selective-university tuition for national-average results in a state where competitors demonstrably do better.
Where North Carolina State University at Raleigh Stands
Earnings vs. debt across all applied mathematics bachelors's programs nationally
Compare to Similar Programs in North Carolina
Applied Mathematics bachelors's programs at peer institutions in North Carolina (5 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $8,895 | $60,930* | — | $21,976 | — | |
| $8,989 | $75,105* | $104,439 | $15,300 | 0.20 | |
| 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 North Carolina State University at Raleigh, approximately 19% 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.