2022 Best Value Colleges for Statistics (Income $0-$30k) in Michigan
Students have lots of options to chooose from today when trying to decide which college to attend. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Stats Schools in Michigan For Those Making $0-$30k” ranking.
In 2019-2020, 9,599 people earned their degree in statistics, making the major the 88th most popular in the United States. In 2017-2018, statistics graduates who were awarded their degree in 2015-2017, earned an average of $61,950 and had an average of $22,199 in loans still to pay off.
Across Michigan, there were 408 statistics graduates with average earnings and debt of $47,633 and $19,533 respectively.
For this year’s “Best Value Stats Schools in Michigan For Those Making $0-$30k” ranking, we looked at 8 colleges that offer a degree in statistics. Not only do the schools that top this list have excellent statistics programs, but they also cost less that 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 statistics program at the school. See our ranking methodology to learn more.
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Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Stats Schools in Michigan For Those Making $0-$30k” list, to help you choose the best school for you.
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Best Value Stats Schools in Michigan For Those Making $0-$30k
The colleges and universities below are the best for michigan stats students whose families make $0-$30k.
Top 8 Best Value Colleges for Statistics (Income $0-$30k) in Michigan
You’ll join some of the best and brightest minds around if you attend University of Michigan - Ann Arbor. The school came in at #1 for the Best Value Stats Schools in Michigan For Those Making $0-$30k. U-M is a large school located in Ann Arbor, Michigan that handed out 210 ’s stats degrees in 2019-2020.
U-M also made our “Best Statistics Schools in Michigan” list, coming in at #1. The yearly cost to attend U-M is $3,166 for michigan stats students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 1.2%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 96%, which means students like the school well enough to return for a second year.
You’ll join some of the best and brightest minds around if you attend Michigan Technological University. The school came in at #2 for the Best Value Stats Schools in Michigan For Those Making $0-$30k. Michigan Tech is a public institution located in Houghton, Michigan. The school has a medium-sized population, and it awarded 6 ’s degrees in 2019-2020.
As a testament to the quality of education offered at Michigan Tech, the school also landed the #2 spot in our “Best Statistics Schools in Michigan” ranking. The estimated yearly cost for Michigan Technological University is $8,295 for Michigan Stats students whose families make $0-$30k.
With a freshman retention rate of 86%, the school does an excellent job of retaining its students. The low student loan default rate of 2.3% 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%.
You’ll be in good company if you decide to attend Michigan State University. It ranked #3 on our 2022 Best Value Stats Schools in Michigan For Those Making $0-$30k list. Located in East Lansing, Michigan, this large public school awarded 89 diplomas to qualified ’s stats students in 2019-2020.
Michigan State also made our “Best Statistics Schools in Michigan” list, coming in at #3. It costs about $6,686 for michigan stats students whose families make $0-$30k per year to attend Michigan State University.
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 student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%.
Out of the 8 schools in the Best Value Stats Schools in Michigan For Those Making $0-$30k that were part of this year’s ranking, Oakland University landed the #4 spot on the list. This fairly large school is located in Rochester Hills, Michigan, and it awarded 8 ’s stats degrees in 2019-2020.
As a testament to the quality of education offered at Oakland, the school also landed the #5 spot in our “Best Statistics Schools in Michigan” ranking. The yearly cost to attend Oakland University is $7,490 for Michigan Stats students whose families make $0-$30k.
Out of the 8 schools in the Best Value Stats Schools in Michigan For Those Making $0-$30k that were part of this year’s ranking, Grand Valley State University landed the #5 spot on the list. This large school is located in Allendale, Michigan, and it awarded 35 ’s stats degrees in 2019-2020.
GVSU not only placed well in this ranking. It is also #4 on our “Best Statistics Schools in Michigan” list. The estimated yearly cost for GVSU is $11,578 for Michigan Stats students whose families make $0-$30k.
The student loan default rate at the school is 3.7%, which is quite low when compared to the national default rate of 10.1%.
Central Michigan University came in at #6 in this year’s edition of the Best Value Stats Schools in Michigan For Those Making $0-$30k ranking. Located in Mount Pleasant, Michigan, this fairly large public school handed out 21 diplomas to qualified ’s stats students in 2019-2020.
Central Michigan not only placed well in this ranking. It is also #6 on our “Best Statistics Schools in Michigan” list. The yearly cost to attend Central Michigan University is $11,598 for michigan stats students whose families make $0-$30k.
Wayne State University did quite well in the 2022 Best Value Stats Schools in Michigan For Those Making $0-$30k ranking, coming in at #7. Wayne State is a large school located in Detroit, Michigan that handed out 2 ’s stats degrees in 2019-2020.
In addition to being on our michigan stats students whose families make $0-$30k list, Wayne State has also earned the #8 rank in our “Best Statistics Schools in Michigan” ranking. The estimated yearly cost for Wayne State University is $11,413 for michigan stats students whose families make $0-$30k.
Eastern Michigan University came in at #8 in this year’s edition of the Best Value Stats Schools in Michigan For Those Making $0-$30k ranking. Eastern Michigan is located in Ypsilanti, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 5 ’s stats degrees to qualified students.
Eastern Michigan did well in our major quality rankings, too. It placed #7 on our “Best Statistics Schools in Michigan” list. The estimated yearly cost for Eastern Michigan University is $13,904 for Michigan Stats students whose families make $0-$30k.
- Best Value Colleges for Statistics (Income $0-$30k) in the Great Lakes Region
- Best Value Colleges for Statistics (Income $0-$30k)
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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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