2022 Best Value Stats Schools for a Master’s in New Jersey

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 Master’s in New Jersey” 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 New Jersey, there were 161 statistics graduates with average earnings and debt of $0 and $23,538 respectively. At the master’s degree level specifically, there were 99 statistics graduates with average earnings and debt of $60,690 and $39,821 respectively.

For this year’s “Best Value Stats Schools for a Master’s in New Jersey” ranking, we looked at 2 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.

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. Check out our ranking methodology for more information.

One Size Does Not Fit All

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Stats Schools for a Master’s in New Jersey” ranking, along with many other major-related rankings, to help you make that 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. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Stats Schools for a Master’s in New Jersey

The colleges and universities below are the best for new jersey master’s degree stats students.

Top 2 Best Value Master’s Degree Colleges for Statistics in New Jersey

#1

Rutgers University - New Brunswick

New Brunswick, New Jersey

#1 in overall quality

$32,132 Avg Grad Tuition & Fees

$71,957 Average Early-Career Earnings

Out of the 2 schools in the Best Value Stats Schools for a Master’s in New Jersey that were part of this year’s ranking, Rutgers University - New Brunswick landed the #1 spot on the list. Rutgers University - New Brunswick is a public institution located in New Brunswick, New Jersey. The school has a large population, and it awarded 83 masters’s degrees in 2019-2020.

Rutgers New Brunswick also made our “Best Statistics Master’s Degree Schools in New Jersey” list, coming in at #1. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Rutgers University - New Brunswick are $32,132.

Full Rutgers University - New Brunswick Statistics Report

#2

New Jersey Institute of Technology

Newark, New Jersey

#2 in overall quality

$33,744 Avg Grad Tuition & Fees

Out of the 2 schools in the Best Value Stats Schools for a Master’s in New Jersey that were part of this year’s ranking, New Jersey Institute of Technology landed the #2 spot on the list. NJIT is a fairly large school located in Newark, New Jersey that handed out 9 masters’s stats degrees in 2019-2020.

As a testament to the quality of education offered at NJIT, the school also landed the #2 spot in our “Best Statistics Master’s Degree Schools in New Jersey” ranking. Average graduate tuition and fees at NJIT are $33,744, but some majors have different tuition rates.

Full New Jersey Institute of Technology Statistics Report

• Best Value Master’s Degree Colleges for Statistics in the Middle Atlantic Region
• Best Value Master’s Degree Colleges for Statistics

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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