2023 Best Value Stats Schools in Indiana For Those Making $0-$30k

When it comes to choosing a college, students have a lot of options - but not all of them are good. 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 Stats Schools in Indiana For Those Making $0-$30k” ranking is part of that endeavor.

Statistics is the 85th most popular major in the country with 9,979 degrees awarded in 2020-2021. In 2019-2020, statistics graduates who were awarded their degree in 2017-2019, earned an average of $62,014 and had an average of $20,584 in loans still to pay off.

Across Indiana, there were 354 statistics graduates with average earnings and debt of $68,741 and $19,500 respectively.

This year’s “Best Value Stats Schools in Indiana For Those Making $0-$30k” ranking analyzed 2 colleges that offered a degree in statistics. This ranking identifies schools with high-quality statistics programs that also have a lower cost than schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the statistics 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 picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Stats Schools in Indiana For Those Making $0-$30k” ranking, along with many other major-related rankings, to help you make that decision.

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. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

Best Value Stats Schools in Indiana For Those Making $0-$30k

The following schools top our list of the Best Best Value Stats Schools in Indiana For Those Making $0-$30k.

Top 2 Best Value Colleges for Statistics (Income $0-$30k) in Indiana

1

Purdue University - Main Campus
West Lafayette, Indiana

#1 in overall quality

$5,995 Average Net Price

$53,430 Average Early-Career Earnings

Out of the 2 schools in the Best Value Stats Schools in Indiana For Those Making $0-$30k that were part of this year’s ranking, Purdue University - Main Campus landed the #1 spot on the list. Located in West Lafayette, Indiana, this large public school awarded 262 degrees to qualified ’s stats students in 2020-2021.

Purdue not only placed well in this ranking. It is also #1 on our “Best Statistics Schools in Indiana” list. The estimated yearly cost for Purdue is $5,995 for Indiana Stats students whose families make $0-$30k.

With a freshman retention rate of 93%, the school does an excellent job of retaining its undergraduate students. The low undergrad student loan default rate of 1.7% 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 Statistics at Purdue University - Main Campus

2

Indiana University - Bloomington
Bloomington, Indiana

#2 in overall quality

$5,752 Average Net Price

$44,025 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Indiana University - Bloomington. The school came in at #2 for the Best Value Stats Schools in Indiana For Those Making $0-$30k. This large school is located in Bloomington, Indiana, and it awarded 32 ’s stats degrees in 2020-2021.

IU Bloomington also made our “Best Statistics Schools in Indiana” list, coming in at #2. It costs about $5,752 for Indiana Stats students whose families make $0-$30k per year to attend Indiana University - Bloomington.

Students who start out at the school are likely to stick around. The freshman retention rate is 91%. The undergrad student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%.

Read more about Statistics at IU Bloomington

• Best Value Colleges for Statistics (Income $0-$30k) in the Great Lakes Region
• Best Value Colleges for Statistics (Income $0-$30k)

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.