Est. Earnings (1yr)
$52,597
Est. from IL median (7 programs)
Est. Median Debt
$17,084
Est. from IL median (4 programs)

Analysis

A mathematics degree from Olivet Nazarene looks like a solid financial proposition based on what similar Illinois programs produce. With estimated first-year earnings around $52,600 against roughly $17,000 in debt, graduates would face manageable monthly payments—about $190 on a standard 10-year plan, consuming just 4% of gross income. That's well below the danger zone where loan payments strain budgets. The earnings figure aligns closely with the state median for math programs, putting Olivet's outcomes in the middle of Illinois's competitive landscape, though still far behind the elite private universities in Chicago.

What makes this estimate particularly encouraging is the debt side. At an estimated $17,000, Olivet comes in notably lower than both the state median ($20,600) and national median ($21,500) for mathematics degrees. This pattern—typical or above-typical earnings paired with below-average debt—creates breathing room for graduates whether they're heading into teaching, actuarial work, or graduate school. The 0.32 debt-to-earnings ratio suggests peer programs are setting graduates up for financial stability rather than stress.

For parents, this looks like reasonable value, especially given Olivet's 35% Pell grant population and moderate selectivity. The uncertainty here is real—these are estimates based on comparable Illinois programs, not Olivet's actual outcomes—but the underlying math works in graduates' favor enough that minor variations wouldn't dramatically change the picture.

Where Olivet Nazarene University Stands

Earnings vs. debt across all mathematics bachelors's programs nationally

Compare to Similar Programs in Illinois

Mathematics bachelors's programs at peer institutions in Illinois (48 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Olivet Nazarene UniversityBourbonnais$37,940$52,597*—$17,084*—
University of ChicagoChicago$66,939$100,421*$107,611$12,000*0.12
Northwestern UniversityEvanston$65,997$79,530*$85,521$12,418*0.16
DePaul UniversityChicago$44,460$55,586*$75,420$26,154*0.47
Illinois State UniversityNormal$16,021$52,597*$56,681$20,309*0.39
McKendree UniversityLebanon$34,070$51,157*$51,631$21,750*0.43
National Median—$48,772*—$21,500*0.44
* Estimated from similar programs

Career Paths

Occupations commonly associated with 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

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

Mathematical Science Teachers, Postsecondary

Teach courses pertaining to mathematical concepts, statistics, and actuarial science and to the application of original and standardized mathematical techniques in solving specific problems and situations. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Secondary School Teachers, Except Special and Career/Technical Education

Teach one or more subjects to students at the secondary school level.

$64,580/yrJobs growth:Bachelor's degree

Mathematical Science Occupations, All Other

All mathematical scientists not listed separately.

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 Olivet Nazarene University, approximately 35% 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 7 similar programs in IL. Actual outcomes may vary.