Analysis
Similar mathematics programs across Minnesota suggest first-year earnings around $57,000βa figure that places this program solidly in the middle of the state's range and well above the national median of $48,772. The estimated debt of $21,500 aligns almost exactly with national norms for math degrees, creating a manageable 0.38 debt-to-earnings ratio that most graduates can handle comfortably.
What makes this estimation challenging is the limited comparison set. With outcomes tracked from just five Minnesota programs, we're working with a narrow picture of what math graduates in the state typically earn. That said, the figure sits right alongside outcomes from established programs at St. Olaf, Macalester, and the University of Minnesota systemβschools with stronger academic profiles but reported earnings in the same ballpark. This suggests Minnesota's job market for math graduates may be relatively consistent regardless of where you earn the degree.
The practical takeaway: if your child is committed to staying in Minnesota and the smaller campus environment of Southwest Minnesota State appeals to them, the financial fundamentals look reasonable based on peer outcomes. The estimated debt won't be crushing, and math degrees generally lead to employable skills. Just recognize you're making this decision with less certainty than you'd have at programs where actual graduate outcomes are published.
Where Southwest Minnesota State University Stands
Earnings vs. debt across all mathematics bachelors's programs nationally
Compare to Similar Programs in Minnesota
Mathematics bachelors's programs at peer institutions in Minnesota (27 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $10,304 | $57,166* | β | $21,498* | β | |
| $56,970 | $58,825* | $72,810 | $23,000* | 0.39 | |
| $16,488 | $58,153* | $72,102 | $22,095* | 0.38 | |
| $64,908 | $57,166* | β | $22,483* | 0.39 | |
| $14,318 | $55,482* | $65,774 | $23,975* | 0.43 | |
| $43,942 | $54,387* | β | $26,452* | 0.49 | |
| National Median | β | $48,772* | β | $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 Southwest Minnesota State University, approximately 11% 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 5 similar programs in MN. Actual outcomes may vary.