Analysis
Rice's highly selective applied mathematics program appears positioned to outperform typical outcomes in Texas, where peer programs cluster around $54,000 in first-year earnings. The estimated $61,000 starting salary—derived from national benchmarks for applied math bachelor's programs—would place this substantially above what Texas A&M ($58,000) and Texas State ($50,000) graduates actually report earning. Given Rice's 8% admission rate and 1553 average SAT, this premium makes intuitive sense: elite institutions often convert similar curricula into stronger career outcomes through recruiting networks and signaling effects.
The estimated $25,000 debt load creates a manageable 0.42 debt-to-earnings ratio, assuming those earnings materialize. That's slightly above both national and state debt medians for applied math programs, though not alarmingly so. The real question is whether Rice's premium justifies any cost differential versus more affordable Texas options, particularly since only 16% of students receive Pell grants, suggesting many families pay substantial out-of-pocket amounts beyond loans.
The bottom line: If your child can handle the academic rigor and the financial picture aligns with these estimates, Rice's reputation should translate into stronger opportunities than most Texas alternatives. However, the lack of actual program-specific data means you're betting on institutional prestige rather than verified track record—a reasonable wager for applied mathematics at an elite school, but one to make with eyes open to the uncertainty.
Where Rice University Stands
Earnings vs. debt across all applied mathematics bachelors's programs nationally
Compare to Similar Programs in Texas
Applied Mathematics bachelors's programs at peer institutions in Texas (11 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $58,128 | $60,930* | — | $25,421* | — | |
| $13,099 | $57,787* | $74,198 | $16,750* | 0.29 | |
| $11,450 | $49,822* | $65,973 | $28,409* | 0.57 | |
| 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 Rice University, approximately 16% 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.