Analysis
A Tufts degree in Applied Mathematics comes with the prestige of a highly selective institution (10% admission rate, 1513 average SAT), but the financial picture based on comparable programs nationally deserves scrutiny. With estimated first-year earnings around $61,000 and debt near $25,000, the debt-to-earnings ratio of 0.42 is manageable on paper. However, this falls dramatically short of what similar programs produce in Massachusetts—the state median sits at $98,000, and even that trails Harvard's $114,000 and Wentworth's $82,000 for applied math graduates.
That gap matters enormously when you're paying for a Tufts education. These national estimates suggest earnings that would be competitive in most states, but in Massachusetts, where comparable programs command much higher salaries, the return looks weak. Whether this reflects different career paths Tufts graduates pursue, geographic choices after graduation, or simply the limitations of the estimate itself is impossible to know without actual program data. The low debt estimate helps—Tufts does meet full demonstrated need—but it doesn't offset the earnings shortfall relative to the state market.
The bottom line: if your child is choosing Tufts for applied mathematics specifically, understand that peer programs in Massachusetts typically deliver 60% higher first-year earnings. That's a substantial difference that compounds over time. Make sure the Tufts network, research opportunities, or specific faculty justify paying premium tuition for below-market earnings in your state.
Where Tufts University Stands
Earnings vs. debt across all applied mathematics bachelors's programs nationally
Compare to Similar Programs in Massachusetts
Applied Mathematics bachelors's programs at peer institutions in Massachusetts (19 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $67,844 | $60,930* | — | $25,421* | — | |
| $59,076 | $114,279* | $166,324 | —* | — | |
| $41,010 | $82,152* | — | —* | — | |
| 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 Tufts University, approximately 12% 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.