Analysis
UCSB's applied mathematics program looks solid on paper, but the small sample size—fewer than 30 graduates—means these numbers could shift significantly with more data. That caveat aside, the trajectory here is promising: graduates start around $60,000 and reach $86,000 four years out, a 45% jump that outpaces typical wage growth. Within California, that puts UCSB in the 60th percentile for applied math programs, trailing Berkeley and USC by a meaningful margin but holding its own against other UCs. The $17,000 debt load is reasonable, translating to a 0.29 debt-to-earnings ratio that most families can manage.
The real question is whether UCSB offers enough value given its 28% admission rate—selective but not impossible. You're paying UC tuition for a program that performs middle-of-the-pack nationally (46th percentile) but above-average within California's competitive landscape. Four years out, UCSB graduates are earning more than those from UC Davis or UC San Diego, suggesting decent placement into quantitative careers. The earnings growth pattern indicates these grads are landing jobs with real advancement potential, not just entry-level positions.
For California residents getting in-state tuition, this is a reasonable bet—manageable debt, solid earnings growth, and a respected UC degree. The small sample means you can't bank on these exact numbers, but the fundamentals (low debt, strong four-year earnings) suggest graduates are finding their footing in data science, tech, or finance roles where applied math skills translate to pay.
Where University of California-Santa Barbara Stands
Earnings vs. debt across all applied mathematics bachelors's programs nationally
Earnings Distribution
How University of California-Santa Barbara 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-Santa Barbara | $59,638 | $86,227 | +45% |
| University of California-Berkeley | $71,814 | $120,626 | +68% |
| University of California-Los Angeles | $61,188 | $81,414 | +33% |
| University of California-Davis | $53,940 | $76,162 | +41% |
| University of Southern California | $71,622 | $72,484 | +1% |
Compare to Similar Programs in California
Applied Mathematics bachelors's programs at peer institutions in California (22 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $14,965 | $59,638 | $86,227 | $17,000 | 0.29 | |
| $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 | |
| $15,247 | $53,940 | $76,162 | $14,750 | 0.27 | |
| $15,265 | $42,859 | $69,079 | $15,516 | 0.36 | |
| 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-Santa Barbara, approximately 28% 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 26 graduates with reported earnings and 21 graduates with debt data. Small samples may not be representative.