The reason mathematics is held in high regard is because a lot of the population find it difficult. The reason they find it difficult is because they have no interest in it and do not excel, the reason they have no interest in it is because they cannot see its application to life. I would guess that the vast majority of the population never have to use any mathematics beyond addition, subtraction, multiplication, division, fractions, percentages, angles, shape? All things you learn in primary school and I think quite a lot of kids still enjoy it at that age. It all goes topsy turvy is secondary school.
So those who go on and do a degree in mathematics are deemed the elite of the elite by those who didn't make it, which is true in a sense. However they are the elite of a subject which is drilled into us from a young age to be of utmost importance by schools and the government. This, despite having little relevance to 'real world math' which is done mostly on a piece of equipment we all have access to...
A smartphone calculator.
For those of you that study Math academically, this isn't meant as a slight on your subject, I just find it bemusing that we subject students to years of mental mathematics training that can be done instantaneously on a piece of technology. If anything, I would prefer students to use that technology as young as possible to solve more complex mathematical problems, which have some real world application.