Mathematics at University of Chicago
Bachelor's Degree
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
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 Chicago graduates compare to all programs nationally
University of Chicago graduates earn $100k, placing them in the 95th percentile of all 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 Illinois
Mathematics bachelors's programs at peer institutions in Illinois (48 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| University of Chicago | $100,421 | $107,611 | $12,000 | 0.12 |
| Northwestern University | $79,530 | $85,521 | $12,418 | 0.16 |
| DePaul University | $55,586 | $75,420 | $26,154 | 0.47 |
| Illinois State University | $52,597 | $56,681 | $20,309 | 0.39 |
| McKendree University | $51,157 | $51,631 | $21,750 | 0.43 |
| University of Illinois Urbana-Champaign | $48,728 | $71,197 | $20,847 | 0.43 |
| National Median | $48,772 | — | $21,500 | 0.44 |
Other Mathematics Programs in Illinois
Compare tuition, earnings, and debt across Illinois schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Northwestern University Evanston | $65,997 | $79,530 | $12,418 |
| DePaul University Chicago | $44,460 | $55,586 | $26,154 |
| Illinois State University Normal | $16,021 | $52,597 | $20,309 |
| McKendree University Lebanon | $34,070 | $51,157 | $21,750 |
| University of Illinois Urbana-Champaign Champaign | $16,004 | $48,728 | $20,847 |
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.