2022 Best Value Bachelor’s Degree Colleges for Mathematical Statistics & Probability (Income $0-$30k)
With all of the options students have for higher education today, it can be tough to choose which direction to take. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Mathematical Statistics and Probability Schools for a Bachelor’s For Those Making $0-$30k” ranking - to help you make that decision.
Mathematical Statistics & Probability is the 618th most popular major in the country with 457 degrees awarded in 2019-2020.
At the bachelor’s degree level specifically, there were 273 mathematical statistics and probability graduates with average earnings and debt of $38,303 and $24,501 respectively.
For this year’s “Best Value Mathematical Statistics and Probability Schools for a Bachelor’s For Those Making $0-$30k” ranking, we looked at 4 colleges that offer a degree in mathematical statistics and probability. Not only do the schools that top this list have excellent mathematical statistics and probability programs, but they also cost less that schools of similar quality.
When determining these rankings, we looked at things such as overall quality of the mathematical statistics and probability program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.
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When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Mathematical Statistics and Probability Schools for a Bachelor’s For Those Making $0-$30k” list to help you make the college decision.
We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.
Best Value Mathematical Statistics and Probability Schools for a Bachelor’s For Those Making $0-$30k
The following schools top our list of the Best Best Value Mathematical Statistics and Probability Schools for a Bachelor’s For Those Making $0-$30k.
Top 4 Best Value Bachelor’s Degree Colleges for Mathematical Statistics & Probability (Income $0-$30k)
You’ll be in good company if you decide to attend Purdue University - Main Campus. It ranked #1 on our 2022 Best Value Mathematical Statistics and Probability Schools for a Bachelor’s For Those Making $0-$30k list. Purdue is a large school located in West Lafayette, Indiana that handed out 195 bachelors’s mathematical statistics and probability degrees in 2019-2020.
Purdue also took the #3 spot in our “Best Mathematical Statistics & Probability Bachelor’s Degree Schools” ranking. The estimated yearly cost for Purdue is $5,483 for bachelor’s degree mathematical statistics and probability students whose families make $0-$30k.
Students who start out at the school are likely to stick around. The freshman retention rate is 93%. The low student loan default rate of 2.2% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Read full report on Mathematical Statistics & Probability at Purdue
You’ll be in good company if you decide to attend Wake Forest University. It ranked #2 on our 2022 Best Value Mathematical Statistics and Probability Schools for a Bachelor’s For Those Making $0-$30k list. Located in Winston-Salem, North Carolina, this medium-sized private not-for-profit school handed out 35 diplomas to qualified bachelors’s mathematical statistics and probability students in 2019-2020.
Wake Forest University also took the #2 spot in our “Best Mathematical Statistics & Probability Bachelor’s Degree Schools” ranking. It costs about $5,250 for bachelor’s degree mathematical statistics and probability students whose families make $0-$30k per year to attend Wake Forest University.
The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year. The low student loan default rate of 1.6% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Full Wake Forest University Mathematical Statistics & Probability Report
You’ll be in good company if you decide to attend Carnegie Mellon University. It ranked #3 on our 2022 Best Value Mathematical Statistics and Probability Schools for a Bachelor’s For Those Making $0-$30k list. Carnegie Mellon University is a fairly large private not-for-profit school situated in Pittsburgh, Pennsylvania. It awarded 3 bachelors’s mathematical statistics and probability degrees in 2019-2020.
Carnegie Mellon also took the #1 spot in our “Best Mathematical Statistics & Probability Bachelor’s Degree Schools” ranking. The estimated yearly cost for Carnegie Mellon is $12,542 for bachelor’s degree mathematical statistics and probability students whose families make $0-$30k.
The student loan default rate at the school is 0.6%, which is quite low when compared to the national default rate of 10.1%. The student-to-faculty ratio of 5 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. Students who start out at the school are likely to stick around. The freshman retention rate is 96%.
Full Carnegie Mellon University Mathematical Statistics & Probability Report
You’ll be in good company if you decide to attend Marquette University. It ranked #4 on our 2022 Best Value Mathematical Statistics and Probability Schools for a Bachelor’s For Those Making $0-$30k list. Marquette is a private not-for-profit institution located in Milwaukee, Wisconsin. The school has a fairly large population, and it awarded 9 bachelors’s degrees in 2019-2020.
Marquette not only placed well in this ranking. It is also #4 on our “Best Mathematical Statistics & Probability Bachelor’s Degree Schools” list. The estimated yearly cost for Marquette is $19,169 for bachelor’s degree mathematical statistics and probability students whose families make $0-$30k.
The student loan default rate at the school is 1.5%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 88%.
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Notes and References
References
- The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
- Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
- Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.
Read more about our data sources and methodologies
Footnotes
- *Average salary, average net price, and average tuition and fees are for the top schools only.
- Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.
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