Analysis
What makes North Central's Applied Mathematics program stand out is the gap between what similar programs nationally suggest ($60,930 in first-year earnings) and what Illinois students typically achieve. The state median for applied math graduates sits at $94,684—substantially higher—though that figure comes from a limited set of comparable programs, including Northwestern's graduates who hit that exact mark. This creates real uncertainty about where North Central sits in Illinois's applied math landscape.
The estimated debt load of $25,421 would be manageable against Illinois-level outcomes, producing comfortable repayment scenarios. Against the national benchmark this program mirrors, however, you're looking at a debt-to-earnings ratio of 0.42—workable but requiring careful financial planning in those crucial early career years. The difference between these scenarios is significant: one suggests quick financial stability, the other a more extended payback period.
The honest challenge here is that without program-specific data, you're making a decision in a fog. North Central's 58% admission rate and solid SAT average suggest a legitimate academic environment, but comparable national programs can't tell you whether this particular faculty, curriculum, and employer network deliver Illinois-market results or something closer to the national median. If North Central's applied math graduates connect with Chicago-area quantitative employers—finance, consulting, data analytics—the investment likely makes sense. If not, that $25,000 in debt becomes a heavier lift.
Where North Central College Stands
Earnings vs. debt across all applied mathematics bachelors's programs nationally
Compare to Similar Programs in Illinois
Applied Mathematics bachelors's programs at peer institutions in Illinois (8 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $44,394 | $60,930* | — | $25,421* | — | |
| $65,997 | $94,684* | — | —* | — | |
| 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 Central College, approximately 25% 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.