2022 Best Value Bachelor’s Degree Colleges for Statistics (Income $30-$48k) in Michigan
When it comes to choosing a college, students have a lot of options - but not all of them are good. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Stats Schools for a Bachelor’s in Michigan For Those Making $30-$48k” ranking is one tool we have developed to help in this regard.
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 bachelor’s degree level specifically, there were 215 statistics graduates with average earnings and debt of $40,161 and $25,915 respectively.
This year’s “Best Value Stats Schools for a Bachelor’s in Michigan For Those Making $30-$48k” ranking looked at 7 colleges that offer degrees in a bachelor’s in statistics. The schools that top this list are recognized because they have great statistics programs and cost less that schools of similar quality.
When determining these rankings, we looked at things such as overall quality of the statistics program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.
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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 Bachelor’s in Michigan For Those Making $30-$48k” list to help you make the college decision.
To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.
Best Value Stats Schools for a Bachelor’s in Michigan For Those Making $30-$48k
The following schools top our list of the Best Best Value Stats Schools for a Bachelor’s in Michigan For Those Making $30-$48k.
Top 7 Best Value Bachelor’s Degree Colleges for Statistics (Income $30-$48k) in Michigan
You’ll be in good company if you decide to attend University of Michigan - Ann Arbor. It ranked #1 on our 2022 Best Value Stats Schools for a Bachelor’s in Michigan For Those Making $30-$48k list. University of Michigan - Ann Arbor is a public institution located in Ann Arbor, Michigan. The school has a large population, and it awarded 72 bachelors’s degrees in 2019-2020.
U-M did well in our major quality rankings, too. It placed #1 on our “Best Statistics Bachelor’s Degree Schools in Michigan” list. The estimated yearly cost for University of Michigan - Ann Arbor is $5,887 for Michigan Bachelor’s Degree Stats students whose families make $30-$48k.
The student loan default rate at the school is 1.2%, which is quite low when compared to the national default 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.
Read more about Statistics at University of Michigan - Ann Arbor
Out of the 7 schools in the Best Value Stats Schools for a Bachelor’s in Michigan For Those Making $30-$48k that were part of this year’s ranking, Michigan Technological University landed the #2 spot on the list. Michigan Technological University is located in Houghton, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 2 bachelors’s stats degrees to qualified students.
As a testament to the quality of education offered at Michigan Tech, the school also landed the #2 spot in our “Best Statistics Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Michigan Technological University is $9,049 for michigan bachelor’s degree stats students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 2.3%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 86%.
Out of the 7 schools in the Best Value Stats Schools for a Bachelor’s in Michigan For Those Making $30-$48k that were part of this year’s ranking, Oakland University landed the #3 spot on the list. Oakland is located in Rochester Hills, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 1 bachelors’s stats degrees to qualified students.
As a testament to the quality of education offered at Oakland, the school also landed the #6 spot in our “Best Statistics Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Oakland University is $7,751 for michigan bachelor’s degree stats students whose families make $30-$48k.
Out of the 7 schools in the Best Value Stats Schools for a Bachelor’s in Michigan For Those Making $30-$48k that were part of this year’s ranking, Grand Valley State University landed the #4 spot on the list. GVSU is located in Allendale, Michigan and, has a large student population. In 2019-2020, this school awarded 35 bachelors’s stats degrees to qualified students.
GVSU did well in our major quality rankings, too. It placed #4 on our “Best Statistics Bachelor’s Degree Schools in Michigan” list. The estimated yearly cost for Grand Valley State University is $12,459 for michigan bachelor’s degree stats students whose families make $30-$48k.
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%.
Out of the 7 schools in the Best Value Stats Schools for a Bachelor’s in Michigan For Those Making $30-$48k that were part of this year’s ranking, Michigan State University landed the #5 spot on the list. This large school is located in East Lansing, Michigan, and it awarded 71 bachelors’s stats degrees in 2019-2020.
As a testament to the quality of education offered at Michigan State, the school also landed the #3 spot in our “Best Statistics Bachelor’s Degree Schools in Michigan” ranking. It costs about $15,197 for Michigan Bachelor’s Degree Stats students whose families make $30-$48k per year to attend Michigan State.
Students who start out at the school are likely to stick around. The freshman retention rate is 91%. 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%.
Central Michigan University ranked #6 on this year’s Best Value Stats Schools for a Bachelor’s in Michigan For Those Making $30-$48k list. Located in Mount Pleasant, Michigan, this fairly large public school handed out 13 diplomas to qualified bachelors’s stats students in 2019-2020.
Central Michigan not only placed well in this ranking. It is also #5 on our “Best Statistics Bachelor’s Degree Schools in Michigan” list. The estimated yearly cost for Central Michigan is $12,127 for Michigan Bachelor’s Degree Stats students whose families make $30-$48k.
With a ranking of #7, Eastern Michigan University did quite well on the 2022 Best Value Stats Schools for a Bachelor’s in Michigan For Those Making $30-$48k list. This fairly large school is located in Ypsilanti, Michigan, and it awarded 5 bachelors’s stats degrees in 2019-2020.
Eastern Michigan not only placed well in this ranking. It is also #7 on our “Best Statistics Bachelor’s Degree Schools in Michigan” list. It costs about $14,136 for michigan bachelor’s degree stats students whose families make $30-$48k per year to attend Eastern Michigan University.
- Best Value Bachelor’s Degree Colleges for Statistics (Income $30-$48k) in the Great Lakes Region
- Best Value Bachelor’s Degree Colleges for Statistics (Income $30-$48k)
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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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