Analysis
The earnings trajectory here tells an unusual story: similar mathematics programs in Indiana suggest first-year earnings around $58,764, but this program's actual reported outcome four years later is $47,134—a backward slide that's uncommon for STEM fields. While the estimated debt load of $22,000 creates a manageable 0.37 ratio against those initial earnings projections, that four-year figure raises real questions about either career progression or the types of positions graduates are securing.
Indiana's mathematics programs show considerable range, from Rose-Hulman's $86,000 outcomes to the state median of $58,764 where peer comparisons place this program. The four-year actual earnings fall below even Purdue's entry point and well under what Indiana University-Bloomington produces. For a widely accessible program (95% admission rate), those mid-career numbers suggest graduates may be landing in education or support roles rather than the higher-paying analytics, actuarial, or software positions that typically drive mathematics degree returns.
The debt burden won't sink anyone, but the earnings dip by year four—whether it reflects this specific program's outcomes or a data quirk—deserves investigation before committing. Ask the department directly about job placement: where do graduates actually work, and do those early earnings hold or improve? Without stronger evidence that this program leads to the career outcomes typical of mathematics degrees, you're banking on projections rather than proven results.
Where University of Southern Indiana Stands
Earnings vs. debt across all mathematics bachelors's programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| University of Southern Indiana | — | $47,134 | — |
| Rose-Hulman Institute of Technology | $85,977 | $96,973 | +13% |
| University of Notre Dame | $65,302 | $87,725 | +34% |
| Indiana University-Bloomington | $59,277 | $74,190 | +25% |
| Indiana University-East | $58,764 | $55,844 | -5% |
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 |
|---|---|---|---|---|---|
| $10,136 | $58,764* | $47,134 | $22,000* | — | |
| $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 Southern Indiana, approximately 22% 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.