2023 Best Value Colleges for Statistics (Income $48-$75k) in Indiana

It’s not easy to decide which college to attend when there so many options available for students. 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 $48-$75k” ranking - to help you make that decision.

In 2020-2021, 8,503 people earned their degree in statistics, making the major the 101st most popular in the United States.

Across Indiana, there were 129 statistics graduates with average earnings and debt of $0 and $0 respectively.

For this year’s “Best Value Stats Schools in Indiana For Those Making $48-$75k” 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. 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 $48-$75k” 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. 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 in Indiana For Those Making $48-$75k

The following schools top our list of the Best Best Value Stats Schools in Indiana For Those Making $48-$75k.

Top 2 Best Value Colleges for Statistics (Income $48-$75k) in Indiana

1

Purdue University - Main Campus
West Lafayette, Indiana

#1 in overall quality

$8,450 Average Net Price

$53,430 Average Early-Career Earnings

You’ll be in good company if you decide to attend Purdue University - Main Campus. It ranked #1 on our 2023 Best Value Stats Schools in Indiana For Those Making $48-$75k list. Purdue is located in West Lafayette, Indiana and, has a large student population. In 2020-2021, this school awarded 64 ’s stats degrees to qualified students.

Purdue did well in our major quality rankings, too. It placed #1 on our “Best Statistics Schools in Indiana” list. The yearly cost to attend Purdue University - Main Campus is $8,450 for Indiana Stats students whose families make $48-$75k.

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

Full Purdue Statistics Report

2

Indiana University - Bloomington
Bloomington, Indiana

#2 in overall quality

$12,369 Average Net Price

$44,025 Average Early-Career Earnings

You’ll be in good company if you decide to attend Indiana University - Bloomington. It ranked #2 on our 2023 Best Value Stats Schools in Indiana For Those Making $48-$75k list. Bloomington, Indiana is the setting for this large institution of higher learning. The public school handed out ’s stats degrees to 26 students in 2020-2021.

As a testament to the quality of education offered at IU Bloomington, the school also landed the #2 spot in our “Best Statistics Schools in Indiana” ranking. The estimated yearly cost for IU Bloomington is $12,369 for indiana stats students whose families make $48-$75k.

With a freshman retention rate of 91%, the school does an excellent job of retaining its undergraduate students. The low undergrad student loan default rate of 3.4% 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%.

Full Indiana University - Bloomington Statistics Report

• Best Value Colleges for Statistics (Income $48-$75k) in the Great Lakes Region
• Best Value Colleges for Statistics (Income $48-$75k)

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.