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2022 Best Value Bachelor’s Degree Colleges for Mathematical Statistics & Probability (Income $30-$48k)

4 Ranked Colleges
273 Degrees Awarded
$11,600 Avg Net Price*
Best Value Mathematical Statistics and Probability Schools for a Bachelor's For Those Making $30-$48k

With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual has developed its “Best Value Mathematical Statistics and Probability Schools for a Bachelor’s For Those Making $30-$48k” ranking as one item you can use to help make this decision.

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 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 $30-$48k” ranking, we looked at 4 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. See our ranking methodology to learn more.

More Ways to Rank Mathematical Statistics & Probability Schools

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 $30-$48k” list to help you make the college decision.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. 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 Bachelor’s For Those Making $30-$48k

The following schools top our list of the Best Best Value Mathematical Statistics and Probability Schools for a Bachelor’s For Those Making $30-$48k.

Top 4 Best Value Bachelor’s Degree Colleges for Mathematical Statistics & Probability (Income $30-$48k)

#1

Wake Forest University

Winston-Salem, North Carolina
#2 in overall quality

Out of the 4 schools in the Best Value Mathematical Statistics and Probability Schools for a Bachelor’s For Those Making $30-$48k that were part of this year’s ranking, Wake Forest University landed the #1 spot on the list. Wake Forest University is located in Winston-Salem, North Carolina and, has a medium-sized student population. In 2019-2020, this school awarded 35 bachelors’s mathematical statistics and probability degrees to qualified students.

Wake Forest University not only placed well in this ranking. It is also #2 on our “Best Mathematical Statistics & Probability Bachelor’s Degree Schools” list. The estimated yearly cost for Wake Forest University is $5,981 for Bachelor’s Degree Mathematical Statistics and Probability students whose families make $30-$48k.

Students who start out at the school are likely to stick around. The freshman retention rate is 95%. The school has an impressive student loan default rate. It’s only 1.6%, which is much lower than the national rate of 10.1%.

Read full report on Mathematical Statistics & Probability at Wake Forest University

#2

Purdue University - Main Campus

West Lafayette, Indiana
#3 in overall quality

You’ll join some of the best and brightest minds around if you attend Purdue University - Main Campus. The school came in at #2 for the Best Value Mathematical Statistics and Probability Schools for a Bachelor’s For Those Making $30-$48k. Located in West Lafayette, Indiana, this large public school handed out 195 degrees to qualified bachelors’s mathematical statistics and probability students in 2019-2020.

Purdue also made our “Best Mathematical Statistics & Probability Bachelor’s Degree Schools” list, coming in at #3. The yearly cost to attend Purdue is $5,879 for Bachelor’s Degree Mathematical Statistics and Probability students whose families make $30-$48k.

With a freshman retention rate of 93%, the school does an excellent job of retaining its students. 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 University - Main Campus

#3

Carnegie Mellon University

Pittsburgh, Pennsylvania
#1 in overall quality

Out of the 4 schools in the Best Value Mathematical Statistics and Probability Schools for a Bachelor’s For Those Making $30-$48k that were part of this year’s ranking, Carnegie Mellon University landed the #3 spot on the list. Pittsburgh, Pennsylvania is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out bachelors’s mathematical statistics and probability degrees to 3 students in 2019-2020.

Carnegie Mellon also made our “Best Mathematical Statistics & Probability Bachelor’s Degree Schools” list, coming in at #1. It costs about $13,782 for Bachelor’s Degree Mathematical Statistics and Probability students whose families make $30-$48k per year to attend Carnegie Mellon.

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%. 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%.

Full Carnegie Mellon Mathematical Statistics & Probability Report

#4

Marquette University

Milwaukee, Wisconsin
#4 in overall quality

You’ll join some of the best and brightest minds around if you attend Marquette University. The school came in at #4 for the Best Value Mathematical Statistics and Probability Schools for a Bachelor’s For Those Making $30-$48k. Milwaukee, Wisconsin is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out bachelors’s mathematical statistics and probability degrees to 9 students in 2019-2020.

As a testament to the quality of education offered at Marquette, the school also landed the #4 spot in our “Best Mathematical Statistics & Probability Bachelor’s Degree Schools” ranking. The yearly cost to attend Marquette is $20,955 for Bachelor’s Degree Mathematical Statistics and Probability students whose families make $30-$48k.

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%.

Read full report on Mathematical Statistics & Probability at Marquette University

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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.

Credits

  • Credit for the banner image above goes to QWFP.

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