Analysis
The financial picture for mathematics at Wabash College—estimated at $58,764 in first-year earnings against roughly $22,000 in debt—lands squarely in the middle of what Indiana math programs typically deliver. Based on seven comparable bachelor's programs across the state, this puts Wabash's estimated outcomes right at Indiana's median, well above the $48,772 national benchmark for math degrees. The debt-to-earnings ratio of 0.37 suggests manageable repayment: graduates would need less than five months of their first year's salary to cover their debt.
What's harder to gauge is where Wabash sits within Indiana's competitive landscape. The state's math programs show enormous variation—from Rose-Hulman's $86,000 to Purdue's $49,000—and without actual reported data for Wabash's own graduates, it's unclear whether the college's selectivity (1210 SAT average) and small-college focus translate into outcomes closer to Notre Dame's level or something more modest. The estimated figures suggest middle-of-the-pack performance, but small cohorts can produce widely varying results year to year.
For a family weighing this investment, the estimated debt load is reasonable and the projected earnings are solid for a liberal arts math degree. The uncertainty lies in whether Wabash's actual graduates match these state-level estimates or exceed them through strong alumni networks and graduate school placement—factors the earnings data can't capture.
Where Wabash College 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 |
|---|---|---|---|---|---|
| $49,125 | $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 Wabash College, 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.