Analysis
Based on comparable mathematics programs in Indiana, Saint Mary-of-the-Woods appears positioned right at the state median with estimated first-year earnings of $58,764—well above the $48,772 national figure for math graduates. With projected debt of $21,750, you're looking at a manageable debt-to-earnings ratio of 0.37, meaning roughly four months of gross income to cover the full borrowed amount. That's a reasonable financial foundation, particularly for a school serving many first-generation college students (51% receive Pell grants).
The challenge is the uncertainty. These estimates are drawn from seven Indiana programs and 66 similar-sized institutions nationally because this specific program graduates too few students for the Department of Education to publish actual outcomes. That small cohort size could signal limited course offerings, fewer networking opportunities, or variable year-to-year job placement. Indiana's math bachelor's market shows wide variance—from Rose-Hulman's $86,000 to Purdue's $49,000—so individual program quality and student preparation matter enormously.
The practical question is whether you're comfortable investing based on state averages rather than this school's track record. If your child thrives in small classes and needs individualized support, the intimate setting could justify the leap. But if they're seeking proven outcomes and robust STEM resources, programs with published data—like Indiana University-Bloomington at similar earnings with transparent results—reduce the guesswork considerably.
Where Saint Mary-of-the-Woods College Stands
Earnings vs. debt across all mathematics bachelors's programs nationally
Compare to Similar Programs in Indiana
Mathematics bachelors's programs at peer institutions in Indiana (37 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $33,490 | $58,764* | — | $21,750* | — | |
| $56,674 | $85,977* | $96,973 | $25,000* | 0.29 | |
| $62,693 | $65,302* | $87,725 | $19,000* | 0.29 | |
| $11,790 | $59,277* | $74,190 | $22,000* | 0.37 | |
| $8,179 | $58,764* | $55,844 | $22,388* | 0.38 | |
| $9,992 | $49,387* | — | $18,820* | 0.38 | |
| 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 Saint Mary-of-the-Woods College, approximately 51% 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 IN. Actual outcomes may vary.