2022 Best Value Bachelor’s Degree Colleges for Mathematical Statistics & Probability in the Great Lakes Region

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 for a Bachelor’s in the Great Lakes Region” 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.

Across the Great Lakes region, there were 248 mathematical statistics and probability graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 207 mathematical statistics and probability graduates with average earnings and debt of $39,075 and $25,381 respectively.

For this year’s “Best Value Mathematical Statistics and Probability Schools for a Bachelor’s in the Great Lakes Region” ranking, we looked at 2 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. 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 in the Great Lakes Region”.

We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to 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 in the Great Lakes Region

The following schools top our list of the Best Best Value Mathematical Statistics and Probability Schools for a Bachelor’s in the Great Lakes Region.

Top 2 Best Value Bachelor’s Degree Colleges for Mathematical Statistics & Probability in the Great Lakes Region

#1

Purdue University - Main Campus

West Lafayette, Indiana

#1 in overall quality

$13,986 Average Net Price

You’ll join some of the best and brightest minds around if you attend Purdue University - Main Campus. The school came in at #1 for the Best Value Mathematical Statistics and Probability Schools for a Bachelor’s in the Great Lakes Region. Purdue is a public institution located in West Lafayette, Indiana. The school has a large population, and it awarded 195 bachelors’s degrees in 2019-2020.

Purdue also took the #1 spot in our “Best Mathematical Statistics & Probability Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Purdue University - Main Campus is $13,986 for great lakes region bachelor’s degree mathematical statistics and probability students.

The low student loan default rate of 2.2% 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 93%.

Read more about Mathematical Statistics & Probability at Purdue University - Main Campus

#2

Marquette University

Milwaukee, Wisconsin

#2 in overall quality

$29,756 Average Net Price

You’ll be in good company if you decide to attend Marquette University. It ranked #2 on our 2022 Best Value Mathematical Statistics and Probability Schools for a Bachelor’s in the Great Lakes Region list. Marquette University 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.

In addition to being on our great lakes region bachelor’s degree mathematical statistics and probability students list, Marquette has also earned the #2 rank in our “Best Mathematical Statistics & Probability Bachelor’s Degree Schools in the Great Lakes Region” ranking. The yearly cost to attend Marquette is $29,756 for great lakes region bachelor’s degree mathematical statistics and probability students.

With a freshman retention rate of 88%, the school does an excellent job of retaining its students. 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%.

Full Marquette University Mathematical Statistics & Probability Report

• Best Value Bachelor’s Degree Colleges for Mathematical Statistics & Probability

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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