Analysis
Michigan's mathematics programs cluster around $48,000 in first-year earnings, and comparable programs suggest Olivet's graduates likely follow a similar trajectory. With estimated debt of $21,750—right at the national median and notably lower than the $25,125 typical for Michigan math programs—the financial foundation appears solid, assuming these estimates hold. A debt-to-earnings ratio of 0.45 means graduates would theoretically dedicate less than half their first-year salary to paying off loans, which is manageable for a bachelor's degree.
The real uncertainty here is whether a small, open-access university like Olivet (with its 97% admission rate and substantial Pell population) delivers outcomes matching those of larger state programs. The estimates are drawn from Michigan State and Grand Valley, schools with different resources and reputations. If Olivet's actual outcomes lag even modestly behind these peers, the picture could shift. Conversely, the lower estimated debt compared to the state average suggests the school might offer a cost advantage that could offset any earnings gap.
For anxious parents, the key question is whether this specific program opens doors to Michigan's math-related job markets—teaching, actuarial work, data analysis—or whether employers favor graduates from the flagship universities. The debt level won't be crushing either way, but without hard data from Olivet itself, you're betting that a smaller school can deliver comparable professional outcomes to the larger institutions used to generate these estimates.
Where The University of Olivet Stands
Earnings vs. debt across all mathematics bachelors's programs nationally
Compare to Similar Programs in Michigan
Mathematics bachelors's programs at peer institutions in Michigan (31 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $33,076 | $47,951* | — | $21,750* | — | |
| $17,228 | $80,676* | $97,139 | $21,589* | 0.27 | |
| $15,988 | $47,951* | $54,324 | $21,500* | 0.45 | |
| $14,628 | $45,349* | $46,279 | $27,000* | 0.60 | |
| 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 The University of Olivet, approximately 42% 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 3 similar programs in MI. Actual outcomes may vary.