Applied Mathematics at University of California-Merced
Bachelor's Degree
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
Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.
Earnings Distribution
How University of California-Merced graduates compare to all programs nationally
University of California-Merced graduates earn $39k, placing them in the 5th percentile of all applied mathematics bachelors programs nationally.
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.
Compare to Similar Programs in California
Applied Mathematics bachelors's programs at peer institutions in California (22 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| University of California-Merced | $39,138 | $65,623 | $16,497 | 0.42 |
| University of California-Berkeley | $71,814 | $120,626 | $14,598 | 0.20 |
| University of Southern California | $71,622 | $72,484 | $12,251 | 0.17 |
| University of California-Los Angeles | $61,188 | $81,414 | $14,400 | 0.24 |
| University of California-Santa Barbara | $59,638 | $86,227 | $17,000 | 0.29 |
| University of California-Davis | $53,940 | $76,162 | $14,750 | 0.27 |
| National Median | $60,930 | — | $21,393 | 0.35 |
Other Applied Mathematics Programs in California
Compare tuition, earnings, and debt across California schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| University of California-Berkeley Berkeley | $14,850 | $71,814 | $14,598 |
| University of Southern California Los Angeles | $68,237 | $71,622 | $12,251 |
| University of California-Los Angeles Los Angeles | $13,747 | $61,188 | $14,400 |
| University of California-Santa Barbara Santa Barbara | $14,965 | $59,638 | $17,000 |
| University of California-Davis Davis | $15,247 | $53,940 | $14,750 |
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.