Analysis
UC Merced's applied mathematics program shows a troubling first-year outcome—graduates earn $39,138, ranking in just the 10th percentile among California programs and well below the state median of $56,789. That's roughly $18,000 less than what typical California applied math graduates earn initially, and nearly $22,000 below the national benchmark. Among the UC system's math programs, Merced trails significantly behind Berkeley, UCLA, and even UC Davis.
However, there's a critical caveat: this data comes from fewer than 30 graduates, making it statistically unreliable. The 68% earnings jump to $65,623 by year four suggests the low starting figure may not reflect the program's true trajectory, though even that four-year number lags behind what top California programs deliver in year one. The manageable debt of $16,497—below both state and national medians—does provide some buffer against the earnings risk.
For parents considering this program, the small sample size means these numbers could swing dramatically with just a few data points. The serving of a high-need population (59% Pell recipients) may also influence early career paths. Unless your student has specific reasons to choose Merced over other UC options with proven track records, the uncertainty here is hard to justify when schools like UC Davis offer more reliable outcomes at similar debt levels.
Where University of California-Merced Stands
Earnings vs. debt across all applied mathematics bachelors's programs nationally
Earnings Distribution
How University of California-Merced graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| University of California-Merced | $39,138 | $65,623 | +68% |
| University of California-Berkeley | $71,814 | $120,626 | +68% |
| University of California-Santa Barbara | $59,638 | $86,227 | +45% |
| University of California-Los Angeles | $61,188 | $81,414 | +33% |
| University of California-Davis | $53,940 | $76,162 | +41% |
Compare to Similar Programs in California
Applied Mathematics bachelors's programs at peer institutions in California (22 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $14,167 | $39,138 | $65,623 | $16,497 | 0.42 | |
| $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 University of California-Merced, approximately 59% 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.
Sample Size: Based on 24 graduates with reported earnings and 27 graduates with debt data. Small samples may not be representative.