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2022 Best Value Master’s Degree Colleges for Mathematical Statistics & Probability (Income $75-$110k)

8 Ranked Colleges
166 Degrees Awarded
$39,500 Avg Grad Tuition & Fees*
Best Value Mathematical Statistics and Probability Schools for a Master's For Those Making $75-$110k

Students have lots of options to chooose from today when trying to decide which college to attend. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Making $75-$110k” ranking.

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 $75-$110k” 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.

More Ways to Rank Mathematical Statistics & Probability Schools

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Making $75-$110k” list, to help you choose the best school for you.

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. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Making $75-$110k

The following schools top our list of the Best Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Making $75-$110k.

Top 8 Best Value Master’s Degree Colleges for Mathematical Statistics & Probability (Income $75-$110k)

#1

University of Chicago

Chicago, Illinois
#1 in overall quality

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 $75-$110k list. 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.

In addition to being on our master’s degree mathematical statistics and probability students whose families make $75-$110k list, UChicago has also earned the #1 rank 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 more about Mathematical Statistics & Probability at University of Chicago

#2 in overall quality

You’ll be in good company if you decide to attend Columbia University in the City of New York. It ranked #2 on our 2022 Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Making $75-$110k 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 did well in our major quality rankings, too. It placed #2 on our “Best Mathematical Statistics & Probability Master’s Degree Schools” list. Average graduate tuition and fees at Columbia University in the City of New York are $51,194, but some majors have different tuition rates.

Read full report on Mathematical Statistics & Probability at Columbia University in the City of New York

#3 in overall quality

You’ll be in good company if you decide to attend University of Michigan - Ann Arbor. It ranked #3 on our 2022 Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Making $75-$110k list. U-M is a public institution located in Ann Arbor, Michigan. The school has a large population, and it awarded 31 masters’s 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 some majors have different tuition rates.

Read full report on Mathematical Statistics & Probability at U-M

#4

University of North Carolina at Chapel Hill

Chapel Hill, North Carolina
#5 in overall quality

Out of the 8 schools in the Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Making $75-$110k that were part of this year’s ranking, University of North Carolina at Chapel Hill landed the #4 spot on the list. UNC Chapel Hill is a large school located in Chapel Hill, North Carolina that handed out 20 masters’s mathematical statistics and probability degrees in 2019-2020.

UNC Chapel Hill also took the #5 spot in our “Best Mathematical Statistics & Probability Master’s Degree Schools” ranking. Average graduate tuition and fees at University of North Carolina at Chapel Hill are $30,248, but you may pay more or less depending on your major.

Read full report on Mathematical Statistics & Probability at University of North Carolina at Chapel Hill

#5

Indiana University - Bloomington

Bloomington, Indiana
#6 in overall quality

Out of the 8 schools in the Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Making $75-$110k that were part of this year’s ranking, Indiana University - Bloomington landed the #5 spot on the list. IU Bloomington is a public institution located in Bloomington, Indiana. The school has a large population, and it awarded 9 masters’s degrees in 2019-2020.

IU Bloomington not only placed well in this ranking. It is also #6 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 Indiana University - Bloomington are $33,338.

Read more about Mathematical Statistics & Probability at IU Bloomington

#7 in overall quality

University of Nevada - Reno did quite well in the 2022 Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Making $75-$110k ranking, coming in at #6. Located in Reno, Nevada, this large public school awarded 6 degrees to qualified masters’s mathematical statistics and probability students in 2019-2020.

UNR did well in our major quality rankings, too. It placed #7 on our “Best Mathematical Statistics & Probability Master’s Degree Schools” list. Average graduate tuition and fees at UNR are $21,971, but some majors have different tuition rates.

Read full report on Mathematical Statistics & Probability at University of Nevada - Reno

#7

Wake Forest University

Winston-Salem, North Carolina
#4 in overall quality

Wake Forest University landed the #7 spot on the 2022 Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Making $75-$110k ranking. Wake Forest University is a medium-sized school located in Winston-Salem, North Carolina that handed out 6 masters’s mathematical statistics and probability degrees in 2019-2020.

Wake Forest University did well in our major quality rankings, too. It placed #4 on our “Best Mathematical Statistics & Probability Master’s Degree Schools” list. 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

#8

University of California - Santa Cruz

Santa Cruz, California
#8 in overall quality

University of California - Santa Cruz ranked #8 on this year’s Best Value Mathematical Statistics and Probability Schools for a Master’s For Those Making $75-$110k list. UC Santa Cruz is a fairly large school located in Santa Cruz, California that handed out 1 masters’s mathematical statistics and probability degrees in 2019-2020.

As a testament to the quality of education offered at UC Santa Cruz, the school also landed 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 UC 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.

Credits

  • Credit for the banner image above goes to QWFP.

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