MAJORS · 89 OF 115 SUBFIELDS BY ROI

Is an applied mathematics degree worth it?

Part of Mathematics and Statistics — see the whole category’s numbers.

On average, yes — the mean lifetime ROI is +$644,007. But the spread is the real story.

MEAN LIFETIME ROI · FREOPP 2021 · COHORT-WEIGHTED

+$644,007

across 61 bachelor’s programs · 2,688 graduates

MEDIAN GRADUATE

+$568K

MIDDLE 50% LAND BETWEEN

+$329K ⟷ +$905K

NEVER BREAK EVEN

2.8%

MEDIAN PROGRAM-ESTIMATED BREAK-EVEN AGE

29

Among programs that break even; weighted by graduate cohorts. These are program estimates, not tracked individual graduate outcomes.

ADJUSTED FOR REAL COMPLETION RATES

+$506K

IF YOU DROP OUT

−$117K

Questions

Is an applied mathematics degree worth it?
On average yes — across 61 U.S. bachelor’s programs (FREOPP 2021, cohort-weighted), the mean lifetime ROI for Applied Mathematics is +$644,007 and the median is +$567,719. 2.8% of graduate cohort weight with reported break-even data is in programs flagged as never breaking even. The honest answer depends heavily on the specific program and school: the middle half of graduates land between +$328,715 and +$904,526.
How long until an applied mathematics degree pays off?
For Applied Mathematics, Among programs that break even, the median program-estimated break-even age, weighted by graduate cohorts, is 29. 2.8% of graduate cohort weight with reported break-even data is in programs flagged as never breaking even. FREOPP 2021.
Does the school matter for an applied mathematics major?
Enormously. The middle 50% of Applied Mathematics graduates span +$328,715 to +$904,526 — a +$576K spread within one major. The same field can be a strong trade at one school and a losing one at another, which is why the per-school number matters more than the field average.

↓ Download the data (CSV) · All 115 subfields with full statistics. Free to cite with attribution. · Methodology

Cite this:

LE TEEN (2026). “Applied Mathematics: lifetime ROI statistics.” Data: FREOPP 2021. https://le-teen.com/majors/applied-mathematics