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Applied Mathematics.
Doctoral Degree•43 Institutions
Completers Only: Federal median earnings data strictly reflects outcomes for students who successfully graduated. Students who do not complete their degree typically earn significantly less and face higher risks of debt default.
Annual Full Cost vs. Median Earnings
Each dot represents one program at an institution. Shows the spread of annual sticker price (or net price if sticker price is unavailable) vs earnings 4 years post-grad.
Field Median ($59,417)
P25-P75 Interval ($59,417 - $59,417)
HS Baseline ($35,872)
Breakeven Line (0% ROI)
Institution | State | Earnings | Avg Net Price | Median Debt | Lifetime Value Added |
|---|---|---|---|---|---|
Birmingham | AL | - Nat: $123,729 | $18,749 /yr | - | -$0 |
Huntsville | AL | - Nat: $123,729 | $18,796 /yr | - | -$0 |
Tucson | AZ | - Nat: $123,729 | $16,674 /yr | - | -$0 |
Berkeley | CA | - Nat: $123,729 | $13,481 /yr | - | -$0 |
Davis | CA | - Nat: $123,729 | $14,741 /yr | - | -$0 |
Santa Cruz | CA | - Nat: $123,729 | $17,890 /yr | - | -$0 |
Claremont | CA | - Nat: $123,729 | - /yr | - | -$0 |
Denver | CO | - Nat: $123,729 | $11,900 /yr | - | -$0 |
Boulder | CO | - Nat: $123,729 | $25,346 /yr | - | -$0 |
Golden | CO | - Nat: $123,729 | $28,690 /yr | - | -$0 |
New Haven | CT | - Nat: $123,729 | $23,777 /yr | - | -$0 |
Delaware State University ⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI. Dover | DE | - Nat: $123,729 | $13,910 /yr | - | -$0 |
Newark | DE | - Nat: $123,729 | $17,799 /yr | - | -$0 |
Florida Institute of Technology ⚠️ Caution: This institution flagged for high risk factors (low completion/older demographics) that may artificially inflate its ROI. Melbourne | FL | - Nat: $123,729 | $35,639 /yr | - | -$0 |
Atlanta | GA | - Nat: $123,729 | $12,116 /yr | - | -$0 |
Chicago | IL | - Nat: $123,729 | $18,425 /yr | - | -$0 |
Evanston | IL | - Nat: $123,729 | $29,167 /yr | - | -$0 |
Iowa City | IA | - Nat: $123,729 | $22,531 /yr | - | -$0 |
Louisville | KY | - Nat: $123,729 | $17,988 /yr | - | -$0 |
Baltimore | MD | - Nat: $123,729 | $18,809 /yr | - | -$0 |
Baltimore | MD | - Nat: $123,729 | $16,467 /yr | - | -$0 |
College Park | MD | - Nat: $123,729 | $15,678 /yr | - | -$0 |
Cambridge | MA | - Nat: $123,729 | $19,066 /yr | - | -$0 |
Ann Arbor | MI | - Nat: $123,729 | $13,138 /yr | - | -$0 |
East Lansing | MI | - Nat: $123,729 | $19,680 /yr | - | -$0 |
Rochester Hills | MI | - Nat: $123,729 | $9,120 /yr | - | -$0 |
Princeton | NJ | - Nat: $123,729 | $6,128 /yr | - | -$0 |
New York | NY | - Nat: $123,729 | $21,590 /yr | - | -$0 |
Ithaca | NY | - Nat: $123,729 | $28,690 /yr | - | -$0 |
New York | NY | - Nat: $123,729 | $37,050 /yr | - | -$0 |
Stony Brook | NY | - Nat: $123,729 | $18,784 /yr | - | -$0 |
Charlotte | NC | - Nat: $123,729 | $15,435 /yr | - | -$0 |
Greensboro | NC | - Nat: $123,729 | $10,965 /yr | - | -$0 |
Raleigh | NC | - Nat: $123,729 | $17,303 /yr | - | -$0 |
Bethlehem | PA | - Nat: $123,729 | $36,931 /yr | - | -$0 |
Providence | RI | - Nat: $123,729 | $25,184 /yr | - | -$0 |
Brookings | SD | - Nat: $123,729 | $19,841 /yr | - | -$0 |
Houston | TX | - Nat: $123,729 | $13,370 /yr | - | -$0 |
Norfolk | VA | - Nat: $123,729 | $14,638 /yr | - | -$0 |
Pullman | WA | - Nat: $123,729 | $14,971 /yr | - | -$0 |
Seattle | WA | - Nat: $123,729 | $14,091 /yr | - | -$0 |
Merced | CA | - Nat: $123,729 | $11,983 /yr | - | -$0 |
Tempe | AZ | $59,417 Nat: $123,729 2yr Post-Grad | $14,967 /yr | - | -$245k |
Analysis Notes:
- Lifetime Value Added: Net Present Value (NPV) of estimated career earnings relative to a median bachelor's degree holder, accounting for this institution's average cost and taxes.
- Avg Net Price: The average price paid by students who receive federal financial aid (grants/loans).Note: For graduate programs, the institution's average undergraduate net price is used as a proxy for annual cost, which may differ from actual graduate tuition and net price.
Important Note: Your ROI with any major will depend on the cost you pay to attend the program, and your starting salary. Both vary significantly across institutions. We encourage you to explore the ROI of a specific program variant by selecting the Program title of the credential level you are interested in. You will then have a more detailed return analysis for programs at specific institutions. We also encourage you to use the ROI calculator, or for more sophisticated analysis, the Guided ROI Interview, with your specific estimates of cost and salary.