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2022 Best Value Master’s Degree Colleges for Statistics (Income $30-$48k) in Illinois

7 Ranked Colleges
327 Degrees Awarded
$31,100 Avg Grad Tuition & Fees*
Best Value Stats Schools for a Master's in Illinois For Those Making $30-$48k

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 Illinois For Those Making $30-$48k” ranking is part of that endeavor.

Statistics is the 88th most popular major in the country with 9,599 degrees awarded in 2019-2020. 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 Illinois, there were 867 statistics graduates with average earnings and debt of $77,633 and $30,054 respectively. At the master’s degree level specifically, there were 327 statistics graduates with average earnings and debt of $57,267 and $46,814 respectively.

For this year’s “Best Value Stats Schools for a Master’s in Illinois For Those Making $30-$48k” ranking, we looked at 7 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.

One Size Does Not Fit All

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 for a Master’s in Illinois For Those Making $30-$48k” list, to help you choose the best school for you.

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. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value Stats Schools for a Master’s in Illinois For Those Making $30-$48k

The following schools top our list of the Best Best Value Stats Schools for a Master’s in Illinois For Those Making $30-$48k.

Top 7 Best Value Master’s Degree Colleges for Statistics (Income $30-$48k) in Illinois

#1

University of Chicago

Chicago, Illinois

You’ll join some of the best and brightest minds around if you attend University of Chicago. The school came in at #1 for the Best Value Stats Schools for a Master’s in Illinois For Those Making $30-$48k. UChicago is located in Chicago, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 181 masters’s stats degrees to qualified students.

UChicago also made our “Best Statistics Master’s Degree Schools in Illinois” list, coming in at #1. Average graduate tuition and fees at UChicago are $61,548, but some majors have different tuition rates.

Full UChicago Statistics Report

#2

Northwestern University

Evanston, Illinois
#2 in overall quality

You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #2 for the Best Value Stats Schools for a Master’s in Illinois For Those Making $30-$48k. Northwestern is a large private not-for-profit school situated in Evanston, Illinois. It awarded 11 masters’s stats degrees in 2019-2020.

In addition to being on our illinois master’s degree stats students whose families make $30-$48k list, Northwestern has also earned the #2 rank in our “Best Statistics Master’s Degree Schools in Illinois” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Northwestern are $56,567.

Full Northwestern Statistics Report

You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #3 on our 2022 Best Value Stats Schools for a Master’s in Illinois For Those Making $30-$48k list. UIUC is located in Champaign, Illinois and, has a large student population. In 2019-2020, this school awarded 94 masters’s stats degrees to qualified students.

UIUC also made our “Best Statistics Master’s Degree Schools in Illinois” list, coming in at #3. Average graduate tuition and fees at University of Illinois at Urbana-Champaign are $30,083, but some majors have different tuition rates.

Read more about Statistics at UIUC

#4 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Illinois at Chicago. The school came in at #4 for the Best Value Stats Schools for a Master’s in Illinois For Those Making $30-$48k. UIC is a large school located in Chicago, Illinois that handed out 13 masters’s stats degrees in 2019-2020.

UIC not only placed well in this ranking. It is also #4 on our “Best Statistics Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at University of Illinois at Chicago are $27,036, but some majors have different tuition rates.

Read more about Statistics at University of Illinois at Chicago

#5

Northern Illinois University

Dekalb, Illinois
#6 in overall quality

You’ll be in good company if you decide to attend Northern Illinois University. It ranked #5 on our 2022 Best Value Stats Schools for a Master’s in Illinois For Those Making $30-$48k list. NIU is a fairly large school located in Dekalb, Illinois that handed out 7 masters’s stats degrees in 2019-2020.

NIU not only placed well in this ranking. It is also #6 on our “Best Statistics Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at NIU are $11,086, but you may pay more or less depending on your major.

Read more about Statistics at Northern Illinois University

#6

Western Illinois University

Macomb, Illinois
#7 in overall quality

Western Illinois University landed the #6 spot on the 2022 Best Value Stats Schools for a Master’s in Illinois For Those Making $30-$48k ranking. Western Illinois University is a medium-sized school located in Macomb, Illinois that handed out 7 masters’s stats degrees in 2019-2020.

WIU not only placed well in this ranking. It is also #7 on our “Best Statistics Master’s Degree Schools in Illinois” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Western Illinois University are $11,996.

Full WIU Statistics Report

#7

Loyola University Chicago

Chicago, Illinois

Loyola University Chicago landed the #7 spot on the 2022 Best Value Stats Schools for a Master’s in Illinois For Those Making $30-$48k ranking. Located in Chicago, Illinois, this fairly large private not-for-profit school handed out 14 diplomas to qualified masters’s stats students in 2019-2020.

Loyola Chicago also made our “Best Statistics Master’s Degree Schools in Illinois” list, coming in at #5. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Loyola University Chicago are $19,154.

Read more about Statistics at Loyola Chicago

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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