Master's · Bloomington, Indiana

Is Applied Mathematics at Indiana University-Bloomington worth it?

Medium confidence Medium confidence: 40–99 graduates behind the earnings figures.

The verdict · all families, in-state, half paid with loans

Pays back fast: graduates typically recover the cost in about 2.2 years.

Earnings 1 year after graduating: $105,591; Treasury AY2020-21, AY2021-22 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars
Earnings 4 years after graduating: Not enough graduates to report; Treasury AY2017-2018, AY2018-2019 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars
Typical federal debt at graduation: $51,440; NSLDS pooled AY2022-23, AY2023-24 cohort
Typical borrowing (no graduate net price is published): $55k (likely $55k – $55k); AcadYr 2024-25, reported in IPEDS DCY2025-26
Earnings bump, year 4: $44k a year vs bachelor's graduates 4 years out in IN; 2023 ACS 5-year pooled, adjusted to 2024 dollars
Payback: 2.2 years (likely 1.7–3.0); Bump vs net cost plus loan interest
10-year net return: $224k (likely $101k – $358k); Today's dollars
20-year net return: $706k (likely $447k – $979k); Today's dollars

Scorecard reports no net price for graduate programs; cost is based on what graduates typically borrowed.