Analysis
Thomas Edison State University's applied mathematics bachelor's estimates suggest first-year earnings around $61,000—significantly below the $97,700 median for New Jersey math programs. That's a substantial gap in a state where STEM graduates typically command high starting salaries, with the flagship comparison (Stevens Institute of Technology) producing nearly $38,000 more in first-year earnings. The estimated debt load of $21,000 is manageable in absolute terms and slightly below both state and national medians, but the real question is whether the earnings trajectory justifies choosing this program over alternatives.
The debt-to-earnings ratio of 0.34 looks reasonable on paper, but context matters. Applied mathematics graduates in New Jersey generally earn far more, and while peer programs nationally suggest $61,000 is typical across the country, parents should understand their child may be competing for jobs against Stevens graduates and others with stronger earning potential in the regional market. Online or non-traditional delivery models may explain some of this difference, but it doesn't change the economic calculus.
For families prioritizing flexibility or affordability over maximum earning potential, the modest debt burden provides breathing room. However, if your child can gain admission to one of New Jersey's higher-earning math programs, the salary difference could amount to hundreds of thousands over a career—making it worth serious consideration despite potentially higher upfront costs.
Where Thomas Edison State University Stands
Earnings vs. debt across all applied mathematics bachelors's programs nationally
Compare to Similar Programs in New Jersey
Applied Mathematics bachelors's programs at peer institutions in New Jersey (7 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $6,638 | $60,930* | — | $21,000* | — | |
| $60,952 | $97,700* | — | $25,841* | 0.26 | |
| 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 Thomas Edison State University, approximately 21% 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.