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2022 Best Value Master’s Degree Colleges for Statistics (Income $0-$30k) in Michigan

6 Ranked Colleges
153 Degrees Awarded
$31,900 Avg Grad Tuition & Fees*
Best Value Stats Schools for a Master's in Michigan 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 for a Master’s in Michigan For Those Making $0-$30k” ranking is part of that endeavor.

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. At the master’s degree level specifically, there were 153 statistics graduates with average earnings and debt of $58,608 and $41,198 respectively.

For this year’s “Best Value Stats Schools for a Master’s in Michigan For Those Making $0-$30k” ranking, we looked at 6 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. For more information, check out our ranking methodology.

More Ways to Rank Statistics Schools

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Stats Schools for a Master’s in Michigan For Those Making $0-$30k” list to help you make the college decision.

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. 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 for a Master’s in Michigan For Those Making $0-$30k

The following schools top our list of the Best Best Value Stats Schools for a Master’s in Michigan For Those Making $0-$30k.

Top 6 Best Value Master’s Degree 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 for a Master’s in Michigan For Those Making $0-$30k. U-M is a large public school situated in Ann Arbor, Michigan. It awarded 120 masters’s stats degrees in 2019-2020.

As a testament to the quality of education offered at U-M, the school also landed the #1 spot in our “Best Statistics Master’s Degree Schools in Michigan” ranking. Average graduate tuition and fees at University of Michigan - Ann Arbor are $49,548, but you may pay more or less depending on your major.

Read full report on Statistics at U-M

#2 in overall quality

Out of the 6 schools in the Best Value Stats Schools for a Master’s in Michigan For Those Making $0-$30k that were part of this year’s ranking, Michigan Technological University landed the #2 spot on the list. This medium-sized school is located in Houghton, Michigan, and it awarded 3 masters’s stats degrees in 2019-2020.

Michigan Tech also made our “Best Statistics Master’s Degree Schools in Michigan” list, coming in at #2. Average graduate tuition and fees at Michigan Tech are $21,996, but you may pay more or less depending on your major.

Read full report on Statistics at Michigan Tech

#3

Michigan State University

East Lansing, Michigan
#3 in overall quality

Out of the 6 schools in the Best Value Stats Schools for a Master’s in Michigan For Those Making $0-$30k that were part of this year’s ranking, Michigan State University landed the #3 spot on the list. This large school is located in East Lansing, Michigan, and it awarded 10 masters’s stats degrees in 2019-2020.

Michigan State not only placed well in this ranking. It is also #3 on our “Best Statistics Master’s Degree Schools in Michigan” list. Average graduate tuition and fees at Michigan State University are $37,056, but some majors have different tuition rates.

Read more about Statistics at Michigan State University

#4

Oakland University

Rochester Hills, Michigan
#4 in overall quality

You’ll join some of the best and brightest minds around if you attend Oakland University. The school came in at #4 for the Best Value Stats Schools for a Master’s in Michigan For Those Making $0-$30k. Oakland is a fairly large public school situated in Rochester Hills, Michigan. It awarded 6 masters’s stats degrees in 2019-2020.

As a testament to the quality of education offered at Oakland, the school also landed the #4 spot in our “Best Statistics Master’s Degree Schools in Michigan” ranking. Average graduate tuition and fees at Oakland University are $24,648, but some majors have different tuition rates.

Read full report on Statistics at Oakland

#5

Central Michigan University

Mount Pleasant, Michigan
#5 in overall quality

You’ll join some of the best and brightest minds around if you attend Central Michigan University. The school came in at #5 for the Best Value Stats Schools for a Master’s in Michigan For Those Making $0-$30k. Central Michigan University is a public institution located in Mount Pleasant, Michigan. The school has a fairly large population, and it awarded 3 masters’s degrees in 2019-2020.

Central Michigan also made our “Best Statistics Master’s Degree Schools in Michigan” list, coming in at #5. Average graduate tuition and fees at Central Michigan are $19,359, but some majors have different tuition rates.

Read more about Statistics at Central Michigan University

#6

Wayne State University

Detroit, Michigan

With a ranking of #6, Wayne State University did quite well on the 2022 Best Value Stats Schools for a Master’s in Michigan For Those Making $0-$30k list. Wayne State University is a large public school situated in Detroit, Michigan. It awarded 2 masters’s stats degrees in 2019-2020.

Wayne State also took the #0 spot in our “Best Statistics Master’s Degree Schools in Michigan” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Wayne State are $37,215.

Read more about Statistics at Wayne State

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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