Analysis
Based on comparable mathematics programs in Indiana, first-year earnings around $59,000 paired with estimated debt of $21,750 suggests a manageable financial start—a debt-to-earnings ratio of 0.37 means graduates would owe roughly what they're expected to earn in five months. This tracks closely with typical outcomes for math bachelor's programs across Indiana, where the median debt runs about $22,000 and earnings cluster in this same range.
What's less clear is whether University of Evansville specifically delivers outcomes at the state median level or falls elsewhere on the spectrum. Indiana's math programs show significant variation—from nearly $86,000 at Rose-Hulman down to under $50,000 at Purdue's main campus. The university's 78% admission rate and modest Pell enrollment suggest a moderately selective private institution, but without actual graduate outcomes, you're projecting based on statewide patterns rather than this school's track record.
For a parent evaluating cost versus payoff, the estimated numbers point to reasonable value if they hold true. Mathematics degrees typically offer strong employment prospects, and starting near $59,000 beats the national median for this major by about $10,000. Just understand you're making this decision with borrowed certainty—the actual outcomes for Evansville's math graduates could differ meaningfully from the state average used here.
Where University of Evansville Stands
Earnings vs. debt across all mathematics bachelors's programs nationally
Compare to Similar Programs in Indiana
Mathematics bachelors's programs at peer institutions in Indiana (37 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $42,676 | $58,764* | — | $21,750* | — | |
| $56,674 | $85,977* | $96,973 | $25,000* | 0.29 | |
| $62,693 | $65,302* | $87,725 | $19,000* | 0.29 | |
| $11,790 | $59,277* | $74,190 | $22,000* | 0.37 | |
| $8,179 | $58,764* | $55,844 | $22,388* | 0.38 | |
| $9,992 | $49,387* | — | $18,820* | 0.38 | |
| 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 Evansville, approximately 23% 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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 7 similar programs in IN. Actual outcomes may vary.