Analysis
A highly selective liberal arts college charging what likely amounts to substantial tuition, yet peer mathematics programs in California suggest first-year earnings around $38,000—roughly $10,000 below the national median for math degrees. That gap becomes harder to dismiss when you consider that nearby Pomona College, another selective Claremont institution, reports actual earnings of $51,000 for its math graduates, and Cal Poly San Luis Obispo posts $53,000.
The estimated $22,000 debt figure appears manageable on paper, tracking close to national norms and remaining well below the first-year earnings. But this estimate comes from similar private colleges nationally and may not capture Pitzer's full cost of attendance for families not receiving significant aid. With only 10% of students on Pell grants, this is primarily serving affluent families who may be writing checks rather than borrowing—meaning actual debt loads for families who do finance the degree could be considerably higher.
For parents weighing Pitzer's mathematics program, the question isn't whether the debt is manageable—it's whether the substantial overall investment (borrowed or paid outright) delivers outcomes comparable to other selective California programs. The estimated earnings suggest it may not, but without actual graduate data for this specific program, you're essentially betting on a liberal arts premium that isn't clearly evident in these peer-program figures.
Where Pitzer College Stands
Earnings vs. debt across all mathematics bachelors's programs nationally
Compare to Similar Programs in California
Mathematics bachelors's programs at peer institutions in California (67 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $62,692 | $38,449* | — | $21,750* | — | |
| $11,075 | $53,136* | $65,655 | $16,718* | 0.31 | |
| $15,265 | $52,339* | $56,452 | $16,250* | 0.31 | |
| $62,326 | $50,712* | — | —* | — | |
| $14,850 | $46,674* | — | $20,500* | 0.44 | |
| $14,965 | $46,447* | $64,574 | $17,000* | 0.37 | |
| 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 Pitzer College, approximately 10% 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 23 similar programs in CA. Actual outcomes may vary.