Est. Earnings (1yr)
$40,888
Est. from NC median (9 programs)
Est. Median Debt
$21,750
Est. from national median (66 programs)

Analysis

Wake Forest's mathematics program shows a striking earnings trajectory that other NC schools rarely match. While peer programs in the state suggest first-year earnings around $41,000, by year four graduates hit $87,000—nearly double the state median and well above what UNC-Chapel Hill and NC State produce. This kind of acceleration hints at strong career outcomes, whether from the school's selective network, robust quantitative training, or both.

The estimated $21,750 in debt sits right at the national median for math degrees, making the debt-to-earnings ratio manageable at 0.53. That's reasonable for a private university with Wake Forest's profile, though it's worth noting that 91% of students don't receive Pell grants—this is primarily serving families with existing resources. Similar programs nationally start graduates closer to $49,000, suggesting Wake Forest's year-one figure may lag behind initial expectations, even if the long-term picture brightens considerably.

The key question is whether that four-year earnings jump reflects consistent outcomes or a few high performers skewing the data. With estimates based on comparable NC programs for year one, there's inherent uncertainty about whether Wake Forest specifically delivers that early acceleration. If the four-year number holds up across graduates, this looks like solid value despite the higher tuition. If it's driven by outliers heading to finance or tech, the typical experience might look closer to the state average.

Where Wake Forest University 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

School1 Year4 YearsGrowth
Wake Forest University$87,019
Duke University$121,088$99,927-17%
University of North Carolina at Chapel Hill$53,402$87,301+63%
University of North Carolina at Charlotte$42,740$57,150+34%
East Carolina University$40,888$50,943+25%

Compare to Similar Programs in North Carolina

Mathematics bachelors's programs at peer institutions in North Carolina (44 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Wake Forest UniversityWinston-Salem$64,758$40,888*$87,019$21,750*
Duke UniversityDurham$65,805$121,088*$99,927$13,000*0.11
University of North Carolina at Chapel HillChapel Hill$8,989$53,402*$87,301$14,500*0.27
North Carolina State University at RaleighRaleigh$8,895$43,585*$21,256*0.49
University of North Carolina at CharlotteCharlotte$7,214$42,740*$57,150$25,000*0.58
East Carolina UniversityGreenville$7,361$40,888*$50,943$21,500*0.53
National Median$48,772*$21,500*0.44
* Estimated from similar programs

Career Paths

Occupations commonly associated with mathematics graduates

Natural Sciences Managers

Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, mathematics, statistics, and research and development in these fields.

$161,180/yrJobs growth:Bachelor's degree

Clinical Research Coordinators

Plan, direct, or coordinate clinical research projects. Direct the activities of workers engaged in clinical research projects to ensure compliance with protocols and overall clinical objectives. May evaluate and analyze clinical data.

$161,180/yrJobs growth:Bachelor's degree

Water Resource Specialists

Design or implement programs and strategies related to water resource issues such as supply, quality, and regulatory compliance issues.

$161,180/yrJobs growth:Bachelor's degree

Data Scientists

Develop and implement a set of techniques or analytics applications to transform raw data into meaningful information using data-oriented programming languages and visualization software. Apply data mining, data modeling, natural language processing, and machine learning to extract and analyze information from large structured and unstructured datasets. Visualize, interpret, and report data findings. May create dynamic data reports.

$112,590/yrJobs growth:Bachelor's degree

Business Intelligence Analysts

Produce financial and market intelligence by querying data repositories and generating periodic reports. Devise methods for identifying data patterns and trends in available information sources.

$112,590/yrJobs growth:Bachelor's degree

Clinical Data Managers

Apply knowledge of health care and database management to analyze clinical data, and to identify and report trends.

$112,590/yrJobs growth:Bachelor's degree

Mathematicians

Conduct research in fundamental mathematics or in application of mathematical techniques to science, management, and other fields. Solve problems in various fields using mathematical methods.

$104,350/yrJobs growth:Master's degree

Statisticians

Develop or apply mathematical or statistical theory and methods to collect, organize, interpret, and summarize numerical data to provide usable information. May specialize in fields such as biostatistics, agricultural statistics, business statistics, or economic statistics. Includes mathematical and survey statisticians.

$104,350/yrJobs growth:Master's degree

Biostatisticians

Develop and apply biostatistical theory and methods to the study of life sciences.

$104,350/yrJobs growth:Master's degree

Mathematical Science Teachers, Postsecondary

Teach courses pertaining to mathematical concepts, statistics, and actuarial science and to the application of original and standardized mathematical techniques in solving specific problems and situations. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Secondary School Teachers, Except Special and Career/Technical Education

Teach one or more subjects to students at the secondary school level.

$64,580/yrJobs growth:Bachelor's degree

Mathematical Science Occupations, All Other

All mathematical scientists not listed separately.

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 Wake Forest University, approximately 9% 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 9 similar programs in NC. Actual outcomes may vary.