2022 Best Value Master’s Degree Colleges for Mathematical Statistics & Probability (Income $0-$30k)
Students have lots of options to chooose from today when trying to decide which college to attend. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Making $0-$30k” ranking is one tool we have developed to help in this regard.
In 2019-2020, 457 people earned their degree in mathematical statistics and probability, making the major the 618th most popular in the United States.
At the master’s degree level specifically, there were 166 mathematical statistics and probability graduates with average earnings and debt of $56,398 and $43,194 respectively.
For this year’s “Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Making $0-$30k” ranking, we looked at 8 colleges that offer a degree in mathematical statistics and probability. This ranking identifies schools with high-quality mathematical statistics and probability programs that also have a lower cost than 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 Master’s For Those Making $0-$30k” list to help you make the college decision.
To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.
Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Making $0-$30k
The colleges and universities below are the best for master’s degree mathematical statistics and probability students whose families make $0-$30k.
Top 8 Best Value Master’s Degree Colleges for Mathematical Statistics & Probability (Income $0-$30k)
You’ll be in good company if you decide to attend University of Chicago. It ranked #1 on our 2022 Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Making $0-$30k list. University of Chicago is a fairly large private not-for-profit school situated in Chicago, Illinois. It awarded 1 masters’s mathematical statistics and probability degrees in 2019-2020.
UChicago not only placed well in this ranking. It is also #1 on our “Best Mathematical Statistics & Probability Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Chicago are $61,548.
Full University of Chicago Mathematical Statistics & Probability Report
Out of the 8 schools in the Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Making $0-$30k that were part of this year’s ranking, University of Michigan - Ann Arbor landed the #2 spot on the list. University of Michigan - Ann Arbor is a large public school situated in Ann Arbor, Michigan. It awarded 31 masters’s mathematical statistics and probability degrees in 2019-2020.
U-M also took the #3 spot in our “Best Mathematical Statistics & Probability Master’s Degree Schools” ranking. Average graduate tuition and fees at U-M are $49,548, but you may pay more or less depending on your major.
Out of the 8 schools in the Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Making $0-$30k that were part of this year’s ranking, University of North Carolina at Chapel Hill landed the #3 spot on the list. UNC Chapel Hill is located in Chapel Hill, North Carolina and, has a large student population. In 2019-2020, this school awarded 20 masters’s mathematical statistics and probability degrees to qualified students.
UNC Chapel Hill not only placed well in this ranking. It is also #5 on our “Best Mathematical Statistics & Probability Master’s Degree Schools” list. Average graduate tuition and fees at University of North Carolina at Chapel Hill are $30,248, but some majors have different tuition rates.
Read more about Mathematical Statistics & Probability at UNC Chapel Hill
You’ll join some of the best and brightest minds around if you attend Columbia University in the City of New York. The school came in at #4 for the Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Making $0-$30k. Columbia University in the City of New York is a private not-for-profit institution located in New York, New York. The school has a large population, and it awarded 92 masters’s degrees in 2019-2020.
Columbia also took the #2 spot in our “Best Mathematical Statistics & Probability Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Columbia are $51,194.
Full Columbia University in the City of New York Mathematical Statistics & Probability Report
You’ll join some of the best and brightest minds around if you attend Indiana University - Bloomington. The school came in at #5 for the Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Making $0-$30k. Located in Bloomington, Indiana, this large public school awarded 9 diplomas to qualified masters’s mathematical statistics and probability students in 2019-2020.
IU Bloomington also made our “Best Mathematical Statistics & Probability Master’s Degree Schools” list, coming in at #6. Average graduate tuition and fees at Indiana University - Bloomington are $33,338, but some majors have different tuition rates.
Read full report on Mathematical Statistics & Probability at IU Bloomington
Wake Forest University ranked #6 on this year’s Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Making $0-$30k list. Wake Forest University is a medium-sized private not-for-profit school situated in Winston-Salem, North Carolina. It awarded 6 masters’s mathematical statistics and probability degrees in 2019-2020.
As a testament to the quality of education offered at Wake Forest University, the school also landed the #4 spot in our “Best Mathematical Statistics & Probability Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Wake Forest University are $39,216.
Full Wake Forest University Mathematical Statistics & Probability Report
University of Nevada - Reno ranked #7 on this year’s Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Making $0-$30k list. Reno, Nevada is the setting for this large institution of higher learning. The public school handed out masters’s mathematical statistics and probability degrees to 6 students in 2019-2020.
UNR also took the #7 spot in our “Best Mathematical Statistics & Probability Master’s Degree Schools” ranking. Average graduate tuition and fees at University of Nevada - Reno are $21,971, but some majors have different tuition rates.
Read full report on Mathematical Statistics & Probability at UNR
University of California - Santa Cruz landed the #8 spot on the 2022 Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Making $0-$30k ranking. UC Santa Cruz is a public institution located in Santa Cruz, California. The school has a fairly large population, and it awarded 1 masters’s degrees in 2019-2020.
UC Santa Cruz also took the #8 spot in our “Best Mathematical Statistics & Probability Master’s Degree Schools” ranking. Average graduate tuition and fees at University of California - Santa Cruz are $28,952, but some majors have different tuition rates.
Full University of California - Santa Cruz Mathematical Statistics & Probability Report
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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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