Analysis
Spelman's mathematics program carries an estimated $21,750 in debt—right in line with national norms—but the earnings picture based on Georgia's four reported mathematics programs suggests returns that trail the national median by about $4,000. For a selective HBCU with strong academic credentials (average SAT of 1184), this gap warrants closer examination of where graduates actually land after graduation.
The debt-to-earnings ratio of 0.49 sits in reasonable territory, meaning graduates from similar programs typically earn roughly twice what they owe. However, the estimated first-year earnings of $44,424 place this program below what mathematics majors earn at University of Georgia and University of North Georgia, schools with comparable or less selective admissions. The real question is whether Spelman's unique network advantages and graduate school placement—factors not captured in first-year earnings data—offset this initial earnings difference.
For parents, the key uncertainty here is that these figures come from just four Georgia programs, not Spelman's actual outcomes. If your daughter is considering graduate school in STEM fields where Spelman has historically excelled at placement, this program might deliver value beyond what these estimates suggest. But if she needs strong immediate earnings to manage debt, you'll want to dig into where recent mathematics graduates specifically from Spelman have landed—employment reports, LinkedIn research, or direct conversations with the department.
Where Spelman College Stands
Earnings vs. debt across all mathematics bachelors's programs nationally
Compare to Similar Programs in Georgia
Mathematics bachelors's programs at peer institutions in Georgia (38 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $30,058 | $44,424* | — | $21,750* | — | |
| $11,180 | $47,188* | $63,502 | $20,645* | 0.44 | |
| $5,009 | $45,533* | $43,362 | $22,750* | 0.50 | |
| $8,478 | $43,315* | $54,457 | $19,544* | 0.45 | |
| $5,905 | $35,511* | $51,232 | $24,650* | 0.69 | |
| 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 Spelman College, approximately 29% 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 4 similar programs in GA. Actual outcomes may vary.