2022 Best Value Master’s Degree Colleges for Mathematical Statistics & Probability (Income $48-$75k)
When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Making $48-$75k” ranking is part of that endeavor.
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 $48-$75k” 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.
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.
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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 $48-$75k” 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. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.
Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Making $48-$75k
The colleges and universities below are the best for master’s degree mathematical statistics and probability students whose families make $48-$75k.
Top 8 Best Value Master’s Degree Colleges for Mathematical Statistics & Probability (Income $48-$75k)
You’ll join some of the best and brightest minds around if you attend University of Chicago. The school came in at #1 for the Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Making $48-$75k. UChicago 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 also took the #1 spot in our “Best Mathematical Statistics & Probability Master’s Degree Schools” ranking. Average graduate tuition and fees at UChicago are $61,548, but you may pay more or less depending on your major.
Read full report on Mathematical Statistics & Probability at UChicago
Out of the 8 schools in the Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Making $48-$75k that were part of this year’s ranking, Columbia University in the City of New York landed the #2 spot on the list. Columbia is located in New York, New York and, has a large student population. In 2019-2020, this school awarded 92 masters’s mathematical statistics and probability degrees to qualified students.
Columbia not only placed well in this ranking. It is also #2 on our “Best Mathematical Statistics & Probability Master’s Degree Schools” list. Average graduate tuition and fees at Columbia are $51,194, but some majors have different tuition rates.
You’ll join some of the best and brightest minds around if you attend Wake Forest University. The school came in at #3 for the Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Making $48-$75k. Located in Winston-Salem, North Carolina, this medium-sized private not-for-profit school awarded 6 degrees to qualified masters’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 #4 spot in our “Best Mathematical Statistics & Probability Master’s Degree Schools” ranking. Average graduate tuition and fees at Wake Forest University are $39,216, but you may pay more or less depending on your major.
Full Wake Forest University 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 $48-$75k that were part of this year’s ranking, University of Michigan - Ann Arbor landed the #4 spot on the list. Located in Ann Arbor, Michigan, this large public school awarded 31 degrees to qualified masters’s mathematical statistics and probability students 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 University of Michigan - Ann Arbor are $49,548, but some majors have different tuition rates.
Read more about Mathematical Statistics & Probability at U-M
Out of the 8 schools in the Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Making $48-$75k that were part of this year’s ranking, University of North Carolina at Chapel Hill landed the #5 spot on the list. Chapel Hill, North Carolina is the setting for this large institution of higher learning. The public school handed out masters’s mathematical statistics and probability degrees to 20 students in 2019-2020.
As a testament to the quality of education offered at UNC Chapel Hill, the school also landed the #5 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 UNC Chapel Hill are $30,248.
Read more about Mathematical Statistics & Probability at University of North Carolina at Chapel Hill
Indiana University - Bloomington landed the #6 spot on the 2022 Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Making $48-$75k ranking. This large school is located in Bloomington, Indiana, and it awarded 9 masters’s mathematical statistics and probability degrees in 2019-2020.
IU Bloomington did well in our major quality rankings, too. It placed #6 on our “Best Mathematical Statistics & Probability Master’s Degree Schools” list. Average graduate tuition and fees at Indiana University - Bloomington are $33,338, but some majors have different tuition rates.
Read more about Mathematical Statistics & Probability at Indiana University - Bloomington
University of Nevada - Reno ranked #7 on this year’s Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Making $48-$75k 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 University of Nevada - Reno
University of California - Santa Cruz did quite well in the 2022 Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Making $48-$75k ranking, coming in at #8. Located in Santa Cruz, California, this fairly large public school handed out 1 degrees to qualified masters’s mathematical statistics and probability students in 2019-2020.
UC Santa Cruz also made our “Best Mathematical Statistics & Probability Master’s Degree Schools” list, coming in at #8. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of California - Santa Cruz are $28,952.
Read more about Mathematical Statistics & Probability at University of California - Santa Cruz
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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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