2022 Best Value Bachelor’s Degree Colleges for Statistics in Michigan
With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual has developed its “Best Value Stats Schools for a Bachelor’s in Michigan” ranking as one item you can use to help make this decision.
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 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” ranking analyzed 7 colleges that offered a degree in statistics. The schools that top this list are recognized because they have great statistics programs and 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.
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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 Bachelor’s in Michigan” list to help you make the college decision.
In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. 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
The following schools top our list of the Best Best Value Stats Schools for a Bachelor’s in Michigan.
Top 7 Best Value Bachelor’s Degree Colleges for Statistics 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 Bachelor’s in Michigan. U-M 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.
In addition to being on our michigan bachelor’s degree stats students list, U-M has also earned the #1 rank in our “Best Statistics Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend U-M is $15,336 for Michigan Bachelor’s Degree Stats students.
With a freshman retention rate of 96%, the school does an excellent job of retaining its students. 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%.
Read full report on Statistics at University of Michigan - Ann Arbor
Out of the 7 schools in the Best Value Stats Schools for a Bachelor’s in Michigan that were part of this year’s ranking, Michigan State University landed the #2 spot on the list. This large school is located in East Lansing, Michigan, and it awarded 71 bachelors’s stats degrees in 2019-2020.
Michigan State not only placed well in this ranking. It is also #3 on our “Best Statistics Bachelor’s Degree Schools in Michigan” list. The estimated yearly cost for Michigan State University is $19,173 for Michigan Bachelor’s Degree Stats students.
Students who start out at the school are likely to stick around. The freshman retention rate is 91%. The low student loan default rate of 3.6% 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 Technological University. It ranked #3 on our 2022 Best Value Stats Schools for a Bachelor’s in Michigan list. Located in Houghton, Michigan, this medium-sized public school awarded 2 diplomas to qualified bachelors’s stats students 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 Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Michigan Technological University is $16,463 for Michigan Bachelor’s Degree Stats students.
The student loan default rate at the school is 2.3%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 86%.
You’ll be in good company if you decide to attend Grand Valley State University. It ranked #4 on our 2022 Best Value Stats Schools for a Bachelor’s in Michigan list. GVSU is a public institution located in Allendale, Michigan. The school has a large population, and it awarded 35 bachelors’s degrees in 2019-2020.
GVSU also took the #4 spot in our “Best Statistics Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for GVSU is $17,646 for Michigan Bachelor’s Degree Stats students.
The low student loan default rate of 3.7% 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%.
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 Bachelor’s in Michigan. Located in Mount Pleasant, Michigan, this fairly large public school handed out 13 degrees to qualified bachelors’s stats students in 2019-2020.
Central Michigan also made our “Best Statistics Bachelor’s Degree Schools in Michigan” list, coming in at #5. The yearly cost to attend Central Michigan is $15,981 for Michigan Bachelor’s Degree Stats students.
With a ranking of #6, Oakland University did quite well on the 2022 Best Value Stats Schools for a Bachelor’s in Michigan list. Located in Rochester Hills, Michigan, this fairly large public school awarded 1 diplomas to qualified bachelors’s stats students in 2019-2020.
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 estimated yearly cost for Oakland University is $11,802 for michigan bachelor’s degree stats students.
Eastern Michigan University came in at #7 in this year’s edition of the Best Value Stats Schools for a Bachelor’s in Michigan ranking. Eastern Michigan University is a fairly large public school situated in Ypsilanti, Michigan. 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. The yearly cost to attend Eastern Michigan is $15,924 for michigan bachelor’s degree stats students.
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Best Value Bachelor's Degree Colleges for Statistics in Michigan
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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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