Rankings / Outcomes
Highest-Paying Colleges for Mathematics
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Choosing the right college for a mathematics degree can be daunting, especially when considering future earnings. For students interested in mathematics and statistics, this list highlights schools that consistently produce graduates with high starting salaries. For example, graduates from the Massachusetts Institute of Technology earn an average of $143,372, making it a leader in this field.
The schools on this list stand out not only for their impressive earnings but also for their graduation rates and manageable debt levels. The average earnings for graduates in mathematics across these institutions is $98,223, with an overall graduation rate of 89%. This data gives us a clearer picture of which schools offer a solid return on investment for a degree in mathematics and statistics.
For instance, while Stanford University boasts strong earnings of $124,080 and a lower net price of $13,807, Carnegie Mellon University offers a higher average debt of $21,750 despite slightly lower earnings of $114,862. This contrast highlights the trade-offs students may face when weighing their options, making it essential to look beyond the numbers and consider personal fit as well.
Key Findings
Graduates from the Massachusetts Institute of Technology earn an average of $143,372.
The average graduation rate among the top schools is 89%.
Carnegie Mellon University has an average debt of $21,750 compared to Stanford's $12,000.
Overall, graduates in mathematics earn an average of $98,223.
Quick Numbers
How We Ranked
Ranked by graduate earnings with program concentration in Mathematics & Statistics
Read our full methodology →Earnings vs. Cost
Each dot is a ranked school. Up = higher earnings. Right = higher cost. Top-left is the best value.
Graduation Rates
Longer bars = higher graduation rate.
Top 3
Massachusetts Institute of Technology
Cambridge, MA
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Stanford University
Stanford, CA
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Carnegie Mellon University
Pittsburgh, PA
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Full Rankings
Massachusetts Institute of Technology
Cambridge, MA · 4,535 students · Private nonprofit
Stanford University
Stanford, CA · 7,554 students · Private nonprofit
Carnegie Mellon University
Pittsburgh, PA · 7,304 students · Private nonprofit
Harvey Mudd College
Claremont, CA · 921 students · Private nonprofit
California Institute of Technology
Pasadena, CA · 987 students · Private nonprofit
University of Pennsylvania
Philadelphia, PA · 10,650 students · Private nonprofit
Stevens Institute of Technology
Hoboken, NJ · 4,222 students · Private nonprofit
Harvard University
Cambridge, MA · 7,601 students · Private nonprofit
Columbia University in the City of New York
New York, NY · 8,973 students · Private nonprofit
Yale University
New Haven, CT · 6,758 students · Private nonprofit
Rensselaer Polytechnic Institute
Troy, NY · 5,714 students · Private nonprofit
University of Notre Dame
Notre Dame, IN · 8,818 students · Private nonprofit
Duke University
Durham, NC · 6,442 students · Private nonprofit
Dartmouth College
Hanover, NH · 4,541 students · Private nonprofit
Brown University
Providence, RI · 7,226 students · Private nonprofit
Colorado School of Mines
Golden, CO · 6,155 students · Public
University of Chicago
Chicago, IL · 7,569 students · Private nonprofit
Rice University
Houston, TX · 4,776 students · Private nonprofit
Williams College
Williamstown, MA · 2,076 students · Private nonprofit
Johns Hopkins University
Baltimore, MD · 5,693 students · Private nonprofit
College of the Holy Cross
Worcester, MA · 3,106 students · Private nonprofit
University of California-Berkeley
Berkeley, CA · 33,068 students · Public
Babson College
Wellesley, MA · 2,728 students · Private nonprofit
Bentley University
Waltham, MA · 4,474 students · Private nonprofit
Bryant University
Smithfield, RI · 3,194 students · Private nonprofit
MCPHS University
Boston, MA · 3,451 students · Private nonprofit
Albany College of Pharmacy and Health Sciences
Albany, NY · 481 students · Private nonprofit
Fordham University
Bronx, NY · 10,512 students · Private nonprofit
Bowdoin College
Brunswick, ME · 1,873 students · Private nonprofit
University of Health Sciences and Pharmacy in St. Louis
Saint Louis, MO · 337 students · Private nonprofit
Davidson College
Davidson, NC · 1,867 students · Private nonprofit
New York University
New York, NY · 28,663 students · Private nonprofit
University of Virginia-Main Campus
Charlottesville, VA · 17,597 students · Public
Emory University
Atlanta, GA · 7,298 students · Private nonprofit
Swarthmore College
Swarthmore, PA · 1,613 students · Private nonprofit
Haverford College
Haverford, PA · 1,430 students · Private nonprofit
Amherst College
Amherst, MA · 1,911 students · Private nonprofit
Pomona College
Claremont, CA · 1,666 students · Private nonprofit
University of California-San Diego
La Jolla, CA · 34,948 students · Public
University of Rochester
Rochester, NY · 6,331 students · Private nonprofit
Franklin W Olin College of Engineering
Needham, MA · 377 students · Private nonprofit
University of Illinois Urbana-Champaign
Champaign, IL · 36,258 students · Public
University of California-Los Angeles
Los Angeles, CA · 33,475 students · Public
Princeton University
Princeton, NJ · 5,709 students · Private nonprofit
New Mexico Institute of Mining and Technology
Socorro, NM · 995 students · Public
Virginia Military Institute
Lexington, VA · 1,527 students · Public
Carleton College
Northfield, MN · 2,086 students · Private nonprofit
Middlebury College
Middlebury, VT · 2,738 students · Private nonprofit
The University of Texas at Austin
Austin, TX · 42,855 students · Public
University of North Carolina at Chapel Hill
Chapel Hill, NC · 20,752 students · Public
Looking closer at the numbers, we see a distinct contrast between Stanford University and Carnegie Mellon University. Stanford graduates earn an average of $124,080, which is higher than Carnegie Mellon's $114,862. However, the trade-off comes in the form of debt, as Stanford students graduate with only $12,000 in debt compared to Carnegie Mellon’s $21,750. This highlights how institutions can differ significantly in outcomes that matter for financial stability after college.
As you consider these schools, think about your priorities. Are you comfortable with taking on more debt for potentially higher earnings? Or does a lower net price matter more to you? Location and campus culture also play a role in your decision-making process. Weigh these factors against the data you've seen to find the best fit for your educational and financial future.
Ultimately, the path from college to a stable life is shaped by these decisions. The data shows that choosing the right mathematics program can lead to significant earnings that set the foundation for financial independence. One family's choice today can lead to different outcomes tomorrow, underscoring the importance of careful consideration in selecting a college.
Data Sources
U.S. Dept of Education College Scorecard
Opportunity Insights Mobility Report Card
Social Capital Atlas
Times Higher Education World Rankings
NCES IPEDS
Sources & Citations
Chetty, R., Friedman, J., Saez, E., Turner, N., & Yagan, D. (2017). Mobility Report Cards: The Role of Colleges in Intergenerational Mobility. NBER Working Paper No. 23618. →
U.S. Department of Education. College Scorecard Data. Federal Student Aid, National Center for Education Statistics. →
National Center for Education Statistics. Integrated Postsecondary Education Data System (IPEDS). →
David Krug
Co-Founder, CollegeRanker
David Krug is the co-founder of CollegeRanker and a data systems architect focused on making institutional research accessible to families. He builds the data pipelines and ranking algorithms that power CollegeRanker, drawing from federal datasets and Raj Chetty's Opportunity Insights research to measure what traditional rankings ignore: whether a college actually changes a family's economic trajectory.
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