Analysis
Saint Mary's College operates in the shadow of nearby Notre Dame, where mathematics graduates earn nearly $90,000 in their first year—a stark $30,000 gap compared to what peer programs nationally suggest Saint Mary's graduates might expect. With estimated debt around $21,250 against estimated first-year earnings of $59,000, the debt burden itself looks manageable at just 36% of first-year income. But the bigger question is opportunity cost: Indiana's small market for math bachelor's programs shows significantly higher returns at competing schools.
The estimation here—drawn from national programs of similar size—reflects Saint Mary's specialized position as a Catholic women's college. Similar programs nationally produce the $59,000 figure, which falls right at the national median but well below what Indiana programs typically deliver. For a student committed to Saint Mary's educational model, these numbers suggest financial viability without severe debt stress. For families primarily focused on return on investment, the state comparison deserves serious consideration.
The practical takeaway: if your daughter is drawn to Saint Mary's community and mission, the estimated debt load won't be crushing. But if maximizing early career earnings matters more, understanding why similarly credentialed programs in Indiana show 50% higher starting salaries is worth investigation before committing.
Where Saint Mary's College Stands
Earnings vs. debt across all mathematics and statistics bachelors's programs nationally
Compare to Similar Programs in Indiana
Mathematics and Statistics bachelors's programs at peer institutions in Indiana (3 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $51,430 | $59,063* | — | $21,250* | — | |
| $62,693 | $89,689* | $106,786 | $19,000* | 0.21 | |
| National Median | — | $59,063* | — | $21,750* | 0.37 |
Career Paths
Occupations commonly associated with mathematics and statistics graduates
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Data Scientists
Business Intelligence Analysts
Clinical Data Managers
Mathematicians
Mathematical Science Teachers, Postsecondary
Mathematical Science Occupations, All Other
Bioinformatics Technicians
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's College, approximately 24% 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 7 similar programs. Actual outcomes may vary.