Analysis
A UChicago mathematics degree commands $100,421 in first-year earnings—nearly double the national median for math majors and $20,000+ above Northwestern, the next highest in Illinois. With just $12,000 in median debt (versus $21,500 nationally), graduates are looking at a debt-to-earnings ratio of 0.12, meaning they could theoretically pay off their loans in about six weeks. This level of financial positioning is exceptional by any measure.
The small sample size matters here: with fewer than 30 graduates tracked, a handful of finance or tech outliers could be skewing these numbers upward. That said, UChicago's 5% admission rate and 1554 average SAT suggest a highly selective student body with strong career networks. The 14% Pell grant rate indicates this outcome applies to a relatively affluent cohort. Four-year earnings growth is modest at 7%, but when you're starting above $100,000, the trajectory matters less than the launchpad.
For families who can navigate UChicago's admissions gauntlet, this represents an elite financial outcome—but verify that your student fits the profile of graduates tracked here. This isn't your typical math degree; it's a springboard into quantitative finance, consulting, or graduate programs where the UChicago brand carries substantial weight.
Where University of Chicago Stands
Earnings vs. debt across all mathematics bachelors's programs nationally
Earnings Distribution
How University of Chicago 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 Chicago | $100,421 | $107,611 | +7% |
| Northwestern University | $79,530 | $85,521 | +8% |
| DePaul University | $55,586 | $75,420 | +36% |
| University of Illinois Urbana-Champaign | $48,728 | $71,197 | +46% |
| Northern Illinois University | $44,857 | $59,728 | +33% |
Compare to Similar Programs in Illinois
Mathematics bachelors's programs at peer institutions in Illinois (48 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $66,939 | $100,421 | $107,611 | $12,000 | 0.12 | |
| $65,997 | $79,530 | $85,521 | $12,418 | 0.16 | |
| $44,460 | $55,586 | $75,420 | $26,154 | 0.47 | |
| $16,021 | $52,597 | $56,681 | $20,309 | 0.39 | |
| $34,070 | $51,157 | $51,631 | $21,750 | 0.43 | |
| $16,004 | $48,728 | $71,197 | $20,847 | 0.43 | |
| National Median | — | $48,772 | — | $21,500 | 0.44 |
Career Paths
Occupations commonly associated with mathematics graduates
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Data Scientists
Business Intelligence Analysts
Clinical Data Managers
Mathematicians
Statisticians
Biostatisticians
Mathematical Science Teachers, Postsecondary
Secondary School Teachers, Except Special and Career/Technical Education
Mathematical Science Occupations, All Other
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 Chicago, approximately 14% 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 18 graduates with reported earnings and 24 graduates with debt data. Small samples may not be representative.