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2022 Best Value Bachelor’s Degree Colleges for Mathematical Statistics & Probability (Income $48-$75k)

4 Ranked Colleges
273 Degrees Awarded
Best Value Mathematical Statistics and Probability Schools for a Bachelor's For Those Making $48-$75k

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 Bachelor’s For Those Making $48-$75k” 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 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 $48-$75k” 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.

Some of the factors we look at when determining these rankings are overall quality of the mathematical statistics and probability program at the school and the cost of the school after aid is awarded among other things. For more information, check out our ranking methodology.

One Size Does Not Fit All

The mathematical statistics and probability school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Mathematical Statistics and Probability Schools for a Bachelor’s For Those Making $48-$75k”.

In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Mathematical Statistics and Probability Schools for a Bachelor’s For Those Making $48-$75k

The colleges and universities below are the best for bachelor’s degree mathematical statistics and probability students whose families make $48-$75k.

Top 4 Best Value Bachelor’s Degree Colleges for Mathematical Statistics & Probability (Income $48-$75k)

#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 $48-$75k that were part of this year’s ranking, Wake Forest University landed the #1 spot on the list. Located in Winston-Salem, North Carolina, this medium-sized private not-for-profit school awarded 35 diplomas to qualified bachelors’s mathematical statistics and probability students in 2019-2020.

As a testament to the quality of education offered at Wake Forest University, the school also landed the #2 spot in our “Best Mathematical Statistics & Probability Bachelor’s Degree Schools” ranking. The yearly cost to attend Wake Forest University is $12,004 for Bachelor’s Degree Mathematical Statistics and Probability students whose families make $48-$75k.

The student loan default rate at the school is 1.6%, 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 95%.

Read more about 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 $48-$75k. West Lafayette, Indiana is the setting for this large institution of higher learning. The public school handed out bachelors’s mathematical statistics and probability degrees to 195 students 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 $9,654 for Bachelor’s Degree Mathematical Statistics and Probability students whose families make $48-$75k.

With a freshman retention rate of 93%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 2.2%, which is much lower than the national rate of 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 $48-$75k that were part of this year’s ranking, Carnegie Mellon University landed the #3 spot on the list. Carnegie Mellon University is a private not-for-profit institution located in Pittsburgh, Pennsylvania. The school has a fairly large population, and it awarded 3 bachelors’s degrees in 2019-2020.

Carnegie Mellon also made our “Best Mathematical Statistics & Probability Bachelor’s Degree Schools” list, coming in at #1. It costs about $18,276 for Bachelor’s Degree Mathematical Statistics and Probability students whose families make $48-$75k per year to attend Carnegie Mellon.

The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year. The low student loan default rate of 0.6% 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%. Since the school has a student-to-faculty ratio of 5 to 1, those pursuing a degree will have more opportunities to interact with their professors.

Full Carnegie Mellon Mathematical Statistics & Probability Report

#4

Marquette University

Milwaukee, Wisconsin
#4 in overall quality

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 $48-$75k list. Located in Milwaukee, Wisconsin, this fairly large private not-for-profit school handed out 9 degrees to qualified bachelors’s mathematical statistics and probability students in 2019-2020.

Marquette also made our “Best Mathematical Statistics & Probability Bachelor’s Degree Schools” list, coming in at #4. The yearly cost to attend Marquette University is $25,492 for Bachelor’s Degree Mathematical Statistics and Probability students whose families make $48-$75k.

The low student loan default rate of 1.5% 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%. With a freshman retention rate of 88%, the school does an excellent job of retaining its students.

Read more about Mathematical Statistics & Probability at Marquette

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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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