2023 Best Value Mathematical Statistics and Probability Schools
12
Ranked Colleges
500
Degrees Awarded
$22,400
Avg Net Price*
When pursuing a degree in today’s world, students have many different options to choose from. 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” ranking is part of that endeavor.
Mathematical Statistics & Probability is the 579th most popular major in the country with 500 degrees awarded in 2020-2021.
This year’s “Best Value Mathematical Statistics and Probability Schools” ranking analyzed 12 colleges that offered 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.
To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the mathematical statistics and probability program at the school. See our ranking methodology to learn more.
One Size Does Not Fit All
Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Mathematical Statistics and Probability Schools” ranking, along with many other major-related rankings, to help you make that decision.
In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique 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
The colleges and universities below are the best for mathematical statistics and probability students.
Top 12 Best Value Colleges for Mathematical Statistics & Probability
Out of the 12 schools in the Best Value Mathematical Statistics and Probability Schools that were part of this year’s ranking, Purdue University - Main Campus landed the #1 spot on the list. Purdue University - Main Campus is located in West Lafayette, Indiana and, has a large student population. In 2020-2021, this school awarded 198 ’s mathematical statistics and probability degrees to qualified students.
Purdue not only placed well in this ranking. It is also #4 on our “Best Mathematical Statistics & Probability Schools” list. It costs about $13,377 for Mathematical Statistics and Probability students per year to attend Purdue University - Main Campus.
The school has an impressive undergrad student loan default rate. It’s only 1.7%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 93%, the school does an excellent job of retaining its undergraduate students.
Full Purdue University - Main Campus Mathematical Statistics & Probability Report
Out of the 12 schools in the Best Value Mathematical Statistics and Probability Schools that were part of this year’s ranking, University of North Carolina at Chapel Hill landed the #2 spot on the list. University of North Carolina at Chapel Hill is a public institution located in Chapel Hill, North Carolina. The school has a large population, and it awarded 28 ’s degrees in 2020-2021.
In addition to being on our mathematical statistics and probability students list, UNC Chapel Hill has also earned the #6 rank in our “Best Mathematical Statistics & Probability Schools” ranking. The estimated yearly cost for UNC Chapel Hill is $12,469 for Mathematical Statistics and Probability students.
The undergrad student loan default rate at the school is 1.4%, 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 UNC Chapel Hill
You’ll be in good company if you decide to attend University of Nevada - Reno. It ranked #3 on our 2023 Best Value Mathematical Statistics and Probability Schools list. UNR is a large school located in Reno, Nevada that handed out 6 ’s mathematical statistics and probability degrees in 2020-2021.
UNR did well in our major quality rankings, too. It placed #10 on our “Best Mathematical Statistics & Probability Schools” list. It costs about $14,930 for mathematical statistics and probability students per year to attend UNR.
The undergrad student loan default rate at the school is 4.3%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Mathematical Statistics & Probability at University of Nevada - Reno
You’ll join some of the best and brightest minds around if you attend Indiana University - Bloomington. The school came in at #4 for the Best Value Mathematical Statistics and Probability Schools. Located in Bloomington, Indiana, this large public school awarded 6 degrees to qualified ’s mathematical statistics and probability students in 2020-2021.
IU Bloomington did well in our major quality rankings, too. It placed #9 on our “Best Mathematical Statistics & Probability Schools” list. It costs about $14,619 for mathematical statistics and probability students per year to attend IU Bloomington.
The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year. The school has an impressive undergrad student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%.
Read more about Mathematical Statistics & Probability at IU Bloomington
Out of the 12 schools in the Best Value Mathematical Statistics and Probability Schools that were part of this year’s ranking, University of California - Santa Cruz landed the #5 spot on the list. UC Santa Cruz is a fairly large school located in Santa Cruz, California that handed out 13 ’s mathematical statistics and probability degrees in 2020-2021.
UC Santa Cruz did well in our major quality rankings, too. It placed #11 on our “Best Mathematical Statistics & Probability Schools” list. The yearly cost to attend University of California - Santa Cruz is $17,930 for Mathematical Statistics and Probability students.
The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year. The low undergrad student loan default rate of 2.9% 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 more about Mathematical Statistics & Probability at UC Santa Cruz
Wayne State University came in at #6 in this year’s edition of the Best Value Mathematical Statistics and Probability Schools ranking. Wayne State University is a large school located in Detroit, Michigan that handed out 4 ’s mathematical statistics and probability degrees in 2020-2021.
As a testament to the quality of education offered at Wayne State, the school also landed the #12 spot in our “Best Mathematical Statistics & Probability Schools” ranking. The yearly cost to attend Wayne State is $13,962 for mathematical statistics and probability students.
Full Wayne State Mathematical Statistics & Probability Report
University of Michigan - Ann Arbor did quite well in the 2023 Best Value Mathematical Statistics and Probability Schools ranking, coming in at #7. University of Michigan - Ann Arbor is a public institution located in Ann Arbor, Michigan. The school has a large population, and it awarded 26 ’s degrees in 2020-2021.
U-M also made our “Best Mathematical Statistics & Probability Schools” list, coming in at #5. It costs about $14,878 for Mathematical Statistics and Probability students per year to attend U-M.
Students who start out at the school are likely to stick around. The freshman retention rate is 96%. The undergrad student loan default rate at the school is 1.3%, which is quite low when compared to the national default rate of 10.1%.
Read more about Mathematical Statistics & Probability at University of Michigan - Ann Arbor
Columbia University in the City of New York came in at #8 in this year’s edition of the Best Value Mathematical Statistics and Probability Schools ranking. Columbia University in the City of New York is a large private not-for-profit school situated in New York, New York. It awarded 116 ’s mathematical statistics and probability degrees in 2020-2021.
Columbia did well in our major quality rankings, too. It placed #3 on our “Best Mathematical Statistics & Probability Schools” list. It costs about $22,823 for Mathematical Statistics and Probability students per year to attend Columbia University in the City of New York.
The school has an excellent freshman retention rate of 95%, which means students like the school well enough to return for a second year. The school has an impressive undergrad student loan default rate. It’s only 1.7%, which is much lower than the national rate of 10.1%. Since the school has a undergrad student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Read full report on Mathematical Statistics & Probability at Columbia University in the City of New York
University of Miami came in at #9 in this year’s edition of the Best Value Mathematical Statistics and Probability Schools ranking. University of Miami is a private not-for-profit institution located in Coral Gables, Florida. The school has a fairly large population, and it awarded 26 ’s degrees in 2020-2021.
U Miami not only placed well in this ranking. It is also #7 on our “Best Mathematical Statistics & Probability Schools” list. The estimated yearly cost for University of Miami is $46,098 for mathematical statistics and probability students.
The low undergrad student loan default rate of 1.9% 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 91%, the school does an excellent job of retaining its undergraduate students.
Read full report on Mathematical Statistics & Probability at University of Miami
Wake Forest University landed the #10 spot on the 2023 Best Value Mathematical Statistics and Probability Schools ranking. Winston-Salem, North Carolina is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out ’s mathematical statistics and probability degrees to 50 students in 2020-2021.
Wake Forest University also made our “Best Mathematical Statistics & Probability Schools” list, coming in at #8. The estimated yearly cost for Wake Forest University is $32,845 for mathematical statistics and probability students.
Students who start out at the school are likely to stick around. The freshman retention rate is 95%. The school has an impressive undergrad student loan default rate. It’s only 0.6%, which is much lower than the national rate of 10.1%.
Full Wake Forest University Mathematical Statistics & Probability Report
With a ranking of #11, Carnegie Mellon University did quite well on the 2023 Best Value Mathematical Statistics and Probability Schools list. Carnegie Mellon University is located in Pittsburgh, Pennsylvania and, has a fairly large student population. In 2020-2021, this school awarded 8 ’s mathematical statistics and probability degrees to qualified students.
Carnegie Mellon also took the #2 spot in our “Best Mathematical Statistics & Probability Schools” ranking. It costs about $36,775 for Mathematical Statistics and Probability students per year to attend Carnegie Mellon University.
Students who start out at the school are likely to stick around. The freshman retention rate is 96%. The school has an impressive undergrad student loan default rate. It’s only 0.7%, which is much lower than the national rate of 10.1%. With a undergrad student-to-faculty ratio of 5 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Read full report on Mathematical Statistics & Probability at Carnegie Mellon
University of Chicago did quite well in the 2023 Best Value Mathematical Statistics and Probability Schools ranking, coming in at #12. University of Chicago is a fairly large private not-for-profit school situated in Chicago, Illinois. It awarded 9 ’s mathematical statistics and probability degrees in 2020-2021.
UChicago did well in our major quality rankings, too. It placed #1 on our “Best Mathematical Statistics & Probability Schools” list. The estimated yearly cost for UChicago is $28,517 for Mathematical Statistics and Probability students.
The school has an impressive undergrad student loan default rate. It’s only 1.0%, which is much lower than the national rate of 10.1%. With a undergrad student-to-faculty ratio of 5 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. Students who start out at the school are likely to stick around. The freshman retention rate is 100%.
Full UChicago 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
- *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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