Analysis
In Wisconsin, applied mathematics programs typically produce first-year earnings around $67,000, making the estimated $60,930 for UW-Milwaukee graduates somewhat below the state standard. That said, peer programs nationally show considerable variation in outcomes, and this estimate falls right at the national median for applied mathematics bachelor's degrees—suggesting the program delivers typical results for the field, even if Wisconsin's benchmark sits higher.
The estimated $21,000 in debt translates to a manageable debt-to-earnings ratio of 0.34, meaning graduates would owe roughly four months' salary. Similar programs across the country carry comparable debt loads, and at this ratio, loan payments should consume a reasonable portion of early-career income. Applied mathematics offers versatility—graduates move into data analysis, actuarial work, software development, and research—which can provide income growth that initial earnings don't fully capture.
The challenge here is uncertainty: with both earnings and debt estimated from peer institutions rather than UW-Milwaukee's actual outcomes, you're making a decision without seeing this specific program's track record. If your child thrives in quantitative work and wants options across industries, the math fundamentals should serve them well. But given the estimates suggest below-state performance and typical national results, dig into placement rates and where recent graduates actually land jobs before committing.
Where University of Wisconsin-Milwaukee Stands
Earnings vs. debt across all applied mathematics bachelors's programs nationally
Compare to Similar Programs in Wisconsin
Applied Mathematics bachelors's programs at peer institutions in Wisconsin (7 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $10,020 | $60,930* | — | $21,000* | — | |
| $10,142 | $67,159* | $84,567 | $21,000* | 0.31 | |
| 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 Wisconsin-Milwaukee, approximately 30% 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 national median of 44 similar programs. Actual outcomes may vary.