2023 Best Value Colleges for Statistics (Income $30-$48k) in Indiana

Students have lots of options to chooose from today when trying to decide which college to attend. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Stats Schools in Indiana For Those Making $30-$48k” ranking - to help you make that decision.

In 2020-2021, 9,979 people earned their degree in statistics, making the major the 85th most popular in the United States. 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 $30-$48k” ranking looked at 2 colleges that offer degrees in a bachelor’s 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.

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

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 in Indiana For Those Making $30-$48k” list to help you make the college decision.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important 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 $30-$48k

The following schools top our list of the Best Best Value Stats Schools in Indiana For Those Making $30-$48k.

Top 2 Best Value Colleges for Statistics (Income $30-$48k) in Indiana

1

Purdue University - Main Campus
West Lafayette, Indiana

#1 in overall quality

$5,853 Average Net Price

$53,430 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Purdue University - Main Campus. The school came in at #1 for the Best Value Stats Schools in Indiana For Those Making $30-$48k. This large school is located in West Lafayette, Indiana, and it awarded 262 ’s stats degrees in 2020-2021.

As a testament to the quality of education offered at Purdue, the school also landed the #1 spot in our “Best Statistics Schools in Indiana” ranking. The yearly cost to attend Purdue is $5,853 for Indiana Stats students whose families make $30-$48k.

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%. The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year.

Read more about Statistics at Purdue University - Main Campus

2

Indiana University - Bloomington
Bloomington, Indiana

#2 in overall quality

$7,061 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 $30-$48k. This large school is located in Bloomington, Indiana, and it awarded 32 ’s stats degrees in 2020-2021.

IU Bloomington also took the #2 spot in our “Best Statistics Schools in Indiana” ranking. The estimated yearly cost for Indiana University - Bloomington is $7,061 for indiana stats students whose families make $30-$48k.

With a freshman retention rate of 91%, the school does an excellent job of retaining its undergraduate students. The school has an impressive undergrad student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%.

Full Indiana University - Bloomington Statistics Report

• Best Value Colleges for Statistics (Income $30-$48k) in the Great Lakes Region
• Best Value Colleges for Statistics (Income $30-$48k)

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.