Analysis
A debt-to-earnings ratio of 0.45 positions this mathematics program in manageable territory, though the figures themselves come with significant caveats. Based on peer programs nationally, graduates can expect around $48,800 in first-year earnings against roughly $21,750 in debt—meaning the loan burden equals about five months of pre-tax income. For a selective liberal arts institution like William Carey, these estimates align closely with what Mississippi State actually reports for its math graduates, suggesting the benchmarking is reasonable even if school-specific outcomes remain uncertain.
The real question is whether a mathematics degree from a smaller regional university opens the same doors as one from Mississippi State or larger institutions. Math majors typically find work in teaching, actuarial science, data analysis, or graduate school pathways—fields where institutional reputation and internship networks can matter considerably. William Carey's 58% admission rate and solid SAT averages suggest capable students, but the limited data itself hints at very small graduating cohorts in this major, which could mean fewer program resources or peer connections compared to larger departments.
For families comfortable with moderate debt and confident their student will leverage the degree effectively—whether through teaching certification, graduate school, or private sector analytics—these numbers don't raise red flags. But the estimates underscore a practical reality: you're investing based on what similar programs produce, not proven outcomes from William Carey's mathematics track record specifically.
Where William Carey University Stands
Earnings vs. debt across all mathematics bachelors's programs nationally
Compare to Similar Programs in Mississippi
Mathematics bachelors's programs at peer institutions in Mississippi (15 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $14,685 | $48,772* | — | $21,750* | — | |
| $9,815 | $48,084* | — | $22,050* | 0.46 | |
| 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 William Carey University, approximately 25% 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 253 similar programs. Actual outcomes may vary.