2022 Best Value Mathematical Statistics and Probability Schools for a Master’s in the Great Lakes Region

It’s not easy to decide which college to attend when there so many options available for students. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Mathematical Statistics and Probability Schools for a Master’s in the Great Lakes Region” ranking - to help you make that 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.

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 master’s degree level specifically, there were 41 mathematical statistics and probability graduates with average earnings and debt of $57,039 and $42,488 respectively.

For this year’s “Best Value Mathematical Statistics and Probability Schools for a Master’s in the Great Lakes Region” ranking, we looked at 2 colleges that offer a degree in mathematical statistics and probability. The schools that top this list are recognized because they have great mathematical statistics and probability programs and cost less that 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.

One Size Does Not Fit All

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 in the Great Lakes Region” list, to help you choose the best school for you.

In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest 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 in the Great Lakes Region

The colleges and universities below are the best for great lakes region master’s degree mathematical statistics and probability students.

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

#1

Indiana University - Bloomington

Bloomington, Indiana

#2 in overall quality

$33,338 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend Indiana University - Bloomington. The school came in at #1 for the Best Value Mathematical Statistics and Probability Schools for a Master’s in the Great Lakes Region. 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 #2 on our “Best Mathematical Statistics & Probability Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Indiana University - Bloomington are $33,338, but some majors have different tuition rates.

Full IU Bloomington Mathematical Statistics & Probability Report

#2

University of Michigan - Ann Arbor

Ann Arbor, Michigan

#1 in overall quality

$49,548 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend University of Michigan - Ann Arbor. The school came in at #2 for the Best Value Mathematical Statistics and Probability Schools for a Master’s in the Great Lakes Region. U-M is a large public school situated in Ann Arbor, Michigan. It awarded 31 masters’s mathematical statistics and probability degrees in 2019-2020.

U-M did well in our major quality rankings, too. It placed #1 on our “Best Mathematical Statistics & Probability Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at University of Michigan - Ann Arbor are $49,548, but some majors have different tuition rates.

Full U-M Mathematical Statistics & Probability Report

• Best Value Master’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.

Featured Mathematics Schools

Request Info

Southern New Hampshire University You have goals. Southern New Hampshire University can help you get there. Whether you need a bachelor's degree to get into a career or want a master's degree to move up in your current career, SNHU has an online program for you. Find your degree from over 200 online programs ... Learn More >