2022 Best Value Bachelor’s Degree Colleges for Mathematical Statistics & Probability
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” 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” 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.
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.
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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 for a Bachelor’s” ranking, along with many other major-related rankings, to help you make that decision.
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. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.
Best Value Mathematical Statistics and Probability Schools for a Bachelor’s
The following schools top our list of the Best Best Value Mathematical Statistics and Probability Schools for a Bachelor’s.
Top 4 Best Value Bachelor’s Degree Colleges for Mathematical Statistics & Probability
Out of the 4 schools in the Best Value Mathematical Statistics and Probability Schools for a Bachelor’s that were part of this year’s ranking, Purdue University - Main Campus landed the #1 spot on the list. Purdue is located in West Lafayette, Indiana and, has a large student population. In 2019-2020, this school awarded 195 bachelors’s mathematical statistics and probability degrees to qualified students.
Purdue also made our “Best Mathematical Statistics & Probability Bachelor’s Degree Schools” list, coming in at #3. The estimated yearly cost for Purdue University - Main Campus is $13,986 for bachelor’s degree mathematical statistics and probability 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%. With a freshman retention rate of 93%, the school does an excellent job of retaining its students.
Read full report on Mathematical Statistics & Probability at Purdue
Out of the 4 schools in the Best Value Mathematical Statistics and Probability Schools for a Bachelor’s that were part of this year’s ranking, Marquette University landed the #2 spot on the list. Marquette is a fairly large private not-for-profit school situated in Milwaukee, Wisconsin. It awarded 9 bachelors’s mathematical statistics and probability degrees 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. It costs about $29,756 for Bachelor’s Degree Mathematical Statistics and Probability students per year to attend Marquette.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 88%.
You’ll be in good company if you decide to attend Wake Forest University. It ranked #3 on our 2022 Best Value Mathematical Statistics and Probability Schools for a Bachelor’s list. Winston-Salem, North Carolina is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out bachelors’s mathematical statistics and probability degrees to 35 students in 2019-2020.
Wake Forest University also made our “Best Mathematical Statistics & Probability Bachelor’s Degree Schools” list, coming in at #2. It costs about $29,990 for Bachelor’s Degree Mathematical Statistics and Probability students per year to attend Wake Forest University.
The low student loan default rate of 1.6% 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%. With a freshman retention rate of 95%, the school does an excellent job of retaining its students.
Read more about Mathematical Statistics & Probability at Wake Forest University
Out of the 4 schools in the Best Value Mathematical Statistics and Probability Schools for a Bachelor’s that were part of this year’s ranking, Carnegie Mellon University landed the #4 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 did well in our major quality rankings, too. It placed #1 on our “Best Mathematical Statistics & Probability Bachelor’s Degree Schools” list. It costs about $34,508 for bachelor’s degree mathematical statistics and probability students per year to attend Carnegie Mellon University.
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 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. 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%.
Full Carnegie Mellon University 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.
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