Analysis
Stanford's selectivity and reputation might suggest stratospheric outcomes, but the available evidence from comparable applied math programs in California points to something more modest. Similar programs across the state produce median first-year earnings around $57,000—respectable for a recent graduate, but notably trailing the national median of $61,000 for this field. When peer UC schools like Berkeley and USC report outcomes exceeding $71,000 for their applied math graduates, the gap raises questions about whether Stanford's program commands the premium you'd expect from a 4% admission rate.
The estimated debt of $25,000 is manageable relative to those earnings, with graduates likely spending less than half their first-year salary on debt service. That's a workable ratio by any measure. However, it's worth noting this figure sits above both the state median ($15,000) and national median ($21,000) for applied math programs, meaning your child could graduate with more debt than most peers in the field.
The real uncertainty here is whether Stanford's applied math graduates actually perform closer to Berkeley's reported $72,000—which would make this an excellent investment—or land near the state average. Without program-specific data, you're essentially betting on the Stanford brand to deliver outcomes that exceed what the typical California program produces. That may be a safe bet given the school's track record, but recognize you're making it without the hard evidence you'd typically use to justify the cost.
Where Stanford University Stands
Earnings vs. debt across all applied mathematics bachelors's programs nationally
Compare to Similar Programs in California
Applied Mathematics bachelors's programs at peer institutions in California (22 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $62,484 | $56,789* | — | $25,421* | — | |
| $14,850 | $71,814* | $120,626 | $14,598* | 0.20 | |
| $68,237 | $71,622* | $72,484 | $12,251* | 0.17 | |
| $13,747 | $61,188* | $81,414 | $14,400* | 0.24 | |
| $14,965 | $59,638* | $86,227 | $17,000* | 0.29 | |
| $15,247 | $53,940* | $76,162 | $14,750* | 0.27 | |
| 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 Stanford University, approximately 19% 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 8 similar programs in CA. Actual outcomes may vary.