Analysis
What stands out about applied math programs in Massachusetts is their exceptional earning potential—the state median sits at $98,216, with Harvard grads earning $114,279 and even mid-tier programs like Wentworth producing $82,152 in first-year earnings. Against this backdrop, an estimated $60,930 for Simmons graduates appears notably lower, suggesting this program may not deliver the same career outcomes as peer institutions in the region.
The estimated debt of around $25,400 looks manageable in isolation, producing a debt-to-earnings ratio of 0.42 that falls within reasonable bounds. But the real concern isn't affordability—it's competitive positioning. If similar applied math programs across Massachusetts are routinely producing graduates who earn 60% more in their first year, families need to understand why this gap exists and whether Simmons' particular approach (perhaps more theoretical, less industry-focused, or differently networked) aligns with their student's goals.
Since these figures are drawn from comparable programs nationally rather than Simmons' actual outcomes, consider reaching out to the department directly for placement data and employer connections. Ask specifically about quantitative finance, data science, and tech industry recruiting—the sectors driving those higher Massachusetts earnings. A degree in applied mathematics should open doors to lucrative opportunities in Boston's robust job market, but you'll want confidence that this specific program delivers those connections.
Where Simmons University Stands
Earnings vs. debt across all applied mathematics bachelors's programs nationally
Compare to Similar Programs in Massachusetts
Applied Mathematics bachelors's programs at peer institutions in Massachusetts (19 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $45,538 | $60,930* | — | $25,421* | — | |
| $59,076 | $114,279* | $166,324 | —* | — | |
| $41,010 | $82,152* | — | —* | — | |
| 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 Simmons University, approximately 30% 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.