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Best Value Mathematics Colleges in Indiana

Ranked by best return on investment (earnings vs. cost). See our methodology.

Mathematics graduates from Indiana University-Southeast can expect starting salaries around $32,925 while paying just $8,257 in net costs, creating one of the strongest value propositions in the state. This contrasts sharply with Rose-Hulman Institute of Technology, where graduates earn $76,460 but face net costs exceeding $40,000. Indiana's mathematics programs serve a state economy increasingly dependent on data analysis and quantitative modeling, with companies like Eli Lilly requiring statistical expertise for pharmaceutical research and Cummins needing mathematical modeling for engine optimization. Public universities dominate the affordable options, with seven institutions offering net costs below $16,000. The earnings gap between the lowest and highest-paying programs spans more than $43,000, reflecting the varied career paths available to mathematics graduates in Indiana's manufacturing and healthcare sectors.
37
Programs
$5,970 – $43,465
Net Price Range
$46,273
Avg. Program Earnings
61.2%
Avg. Graduation Rate

37 Mathematics Programs

Program rankings
# School Net Price Program Earnings In-State Tuition Graduation Rate Acceptance Rate
1 $9,082 $43,798 $8,179 45.4% 77.6%
2 $8,257 $32,925 $8,179 33.4% 85.2%
3 $15,342 $57,318 $11,790 81.2% 82.4%
4 $11,408 $40,458 $10,449 53.9% 82.9%
5 $13,945 $48,432 $9,992 83.1% 52.7%
6 $12,621 $38,289 $10,136 52.0% 94.4%
7 $12,188 $35,594 $9,992 41.1% 92.3%
8 $15,898 $41,565 $10,758 63.3% 69.0%
9 $21,906 $51,482 $49,125 77.1% 61.5%
10 $21,583 $42,682 $46,588 67.0% 94.2%
11 $40,665 $76,460 $56,674 81.7% 73.0%
12 $28,552 $51,430 76.5% 83.9%
13 $43,465 $33,490 52.3% 78.2%
14 $20,361 $35,420 60.7% 98.1%
15 $27,823 $62,693 96.8% 12.9%
16 $24,327 $39,104 76.6% 74.6%
17 $23,069 $31,168 66.3% 86.7%
18 $25,580 $35,600 67.6% 91.9%
19 $23,594 $39,100 60.9% 93.8%
20 $19,268 $37,090 44.8% 66.4%
21 $22,144 $35,640 49.4% 51.8%
22 $8,463 $8,419 44.0% 72.8%
23 $5,970 $8,179 36.9% 80.3%
24 $8,364 $8,179 35.7% 86.9%
25 $6,276 $8,179 44.7% 85.8%
26 $18,748 $36,136 55.8% 76.1%
27 $11,513 $9,254 32.5% 80.7%
28 $13,710 $29,982 68.2% 77.5%
29 $21,826 $42,894 63.6% 74.1%
30 $18,406 $30,034 69.9% 84.6%
31 $15,725 $37,760 60.5% 93.5%
32 $22,762 $37,350 63.4% 92.9%
33 $20,230 $42,676 71.3% 76.3%
34 $24,516 $51,840 67.9% 73.2%
35 $24,546 $57,070 80.0% 65.8%
36 $38,472 $45,980 80.2% 82.1%
37 $19,726 $33,320 57.2% 99.5%

Frequently Asked Questions

What makes Indiana University-Southeast such a strong value for mathematics?

Students pay just $8,257 in net costs while graduates earn $32,925 on average, creating a favorable cost-to-earnings ratio. The 85.23% acceptance rate makes admission accessible to most applicants. However, the 33.40% graduation rate suggests students should carefully consider their academic preparation before enrolling.

How do public and private mathematics programs compare in cost?

Public universities average around $12,000 in net costs, while private institutions range from $20,361 to $43,465. Indiana University-Bloomington offers the best balance among public schools with $15,342 net costs and $57,318 graduate earnings. Private schools like Rose-Hulman command premium prices but deliver correspondingly higher salaries.

Does Rose-Hulman justify its $40,665 net cost?

Mathematics graduates earn $76,460 on average, the highest in the state and more than double some other programs. The 81.70% graduation rate significantly exceeds most alternatives. The substantial investment pays off through access to high-level engineering and technology careers that heavily recruit from Rose-Hulman.

Where do the most mathematics graduates successfully complete their degrees?

University of Notre Dame leads with a 96.80% graduation rate, followed by Purdue at 83.10% and Indiana University-Bloomington at 81.20%. These three institutions combine strong academic support with mathematics programs that prepare students for completion. Lower graduation rates at regional campuses suggest students benefit from more selective admissions processes.

What career opportunities exist for mathematics graduates in Indiana?

Pharmaceutical companies like Eli Lilly hire statisticians and data analysts for drug development research. Manufacturing firms such as Cummins need mathematicians for quality control and predictive modeling. The healthcare sector, anchored by Indiana University Health, increasingly relies on mathematical expertise for patient data analysis and operational efficiency studies.

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Net price reflects the average cost after grants and scholarships for first-time, full-time students. See our methodology for details.