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2022 Best Value Master’s Degree Colleges for Mathematics & Statistics (Income $0-$30k)

274 Ranked Colleges
12,100 Degrees Awarded
$45,900 Avg Grad Tuition & Fees*
Best Value Mathematics & Statistics Schools for a Master's For Those Making $0-$30k

When pursuing a degree in today’s world, students have many different options to choose from. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Mathematics & Statistics Schools for a Master’s For Those Making $0-$30k” ranking is one tool we have developed to help in this regard.

Mathematics & Statistics is the 20th most popular major in the country with 51,937 degrees awarded in 2019-2020. In 2017-2018, mathematics and statistics graduates who were awarded their degree in 2015-2017, earned an average of $47,652 and had an average of $21,598 in loans still to pay off.

At the master’s degree level specifically, there were 12,100 mathematics and statistics graduates with average earnings and debt of $56,398 and $43,194 respectively.

This year’s “Best Value Mathematics & Statistics Schools for a Master’s For Those Making $0-$30k” ranking analyzed 274 colleges that offered a degree in mathematics and statistics. This ranking identifies schools with high-quality mathematics and statistics programs that also have a lower cost than schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the mathematics and 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.

More Ways to Rank Mathematics & 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 Mathematics & Statistics Schools for a Master’s For Those Making $0-$30k” list to help you make the college decision.

You can create your own custom comparison that focuses on the factors most important to you using our 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 Mathematics & Statistics Schools for a Master’s For Those Making $0-$30k

The following schools top our list of the Best Best Value Mathematics & Statistics Schools for a Master’s For Those Making $0-$30k.

Top 25 Best Value Master’s Degree Colleges for Mathematics & Statistics (Income $0-$30k)

#1

Stanford University

Stanford, California
#5 in overall quality

Out of the 274 schools in the Best Value Mathematics & Statistics Schools for a Master’s For Those Making $0-$30k that were part of this year’s ranking, Stanford University landed the #1 spot on the list. Located in Stanford, California, this fairly large private not-for-profit school handed out 115 diplomas to qualified masters’s mathematics and statistics students in 2019-2020.

In addition to being on our master’s degree mathematics & statistics students whose families make $0-$30k list, Stanford has also earned the #5 rank in our “Best Mathematics & Statistics Master’s Degree Schools” ranking. Average graduate tuition and fees at Stanford University are $55,011, but you may pay more or less depending on your major.

Read full report on Mathematics & Statistics at Stanford

#2

Duke University

Durham, North Carolina
#9 in overall quality

Out of the 274 schools in the Best Value Mathematics & Statistics Schools for a Master’s For Those Making $0-$30k that were part of this year’s ranking, Duke University landed the #2 spot on the list. Located in Durham, North Carolina, this fairly large private not-for-profit school handed out 37 degrees to qualified masters’s mathematics and statistics students in 2019-2020.

Duke did well in our major quality rankings, too. It placed #9 on our “Best Mathematics & Statistics Master’s Degree Schools” list. Average graduate tuition and fees at Duke are $59,140, but some majors have different tuition rates.

Read more about Mathematics & Statistics at Duke University

#3

University of Chicago

Chicago, Illinois
#4 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Chicago. The school came in at #3 for the Best Value Mathematics & Statistics Schools for a Master’s For Those Making $0-$30k. University of Chicago is a private not-for-profit institution located in Chicago, Illinois. The school has a fairly large population, and it awarded 325 masters’s degrees in 2019-2020.

In addition to being on our master’s degree mathematics & statistics students whose families make $0-$30k list, UChicago has also earned the #4 rank in our “Best Mathematics & Statistics Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UChicago are $61,548.

Read more about Mathematics & Statistics at UChicago

#4

University of Pennsylvania

Philadelphia, Pennsylvania
#7 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Pennsylvania. The school came in at #4 for the Best Value Mathematics & Statistics Schools for a Master’s For Those Making $0-$30k. UPenn is a large private not-for-profit school situated in Philadelphia, Pennsylvania. It awarded 50 masters’s mathematics and statistics degrees in 2019-2020.

In addition to being on our master’s degree mathematics & statistics students whose families make $0-$30k list, UPenn has also earned the #7 rank in our “Best Mathematics & Statistics Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Pennsylvania are $41,760.

Read full report on Mathematics & Statistics at University of Pennsylvania

#5

Johns Hopkins University

Baltimore, Maryland
#3 in overall quality

You’ll join some of the best and brightest minds around if you attend Johns Hopkins University. The school came in at #5 for the Best Value Mathematics & Statistics Schools for a Master’s For Those Making $0-$30k. Located in Baltimore, Maryland, this large private not-for-profit school handed out 178 degrees to qualified masters’s mathematics and statistics students in 2019-2020.

As a testament to the quality of education offered at Johns Hopkins, the school also landed the #3 spot in our “Best Mathematics & Statistics Master’s Degree Schools” ranking. Average graduate tuition and fees at Johns Hopkins are $59,425, but you may pay more or less depending on your major.

Full Johns Hopkins Mathematics & Statistics Report

#6

Brown University

Providence, Rhode Island
#8 in overall quality

Brown University ranked #6 on this year’s Best Value Mathematics & Statistics Schools for a Master’s For Those Making $0-$30k list. Located in Providence, Rhode Island, this medium-sized private not-for-profit school awarded 10 degrees to qualified masters’s mathematics and statistics students in 2019-2020.

Brown not only placed well in this ranking. It is also #8 on our “Best Mathematics & Statistics Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Brown are $60,363.

Full Brown University Mathematics & Statistics Report

#7

Massachusetts Institute of Technology

Cambridge, Massachusetts
#2 in overall quality

Massachusetts Institute of Technology came in at #7 in this year’s edition of the Best Value Mathematics & Statistics Schools for a Master’s For Those Making $0-$30k ranking. Massachusetts Institute of Technology is a fairly large private not-for-profit school situated in Cambridge, Massachusetts. It awarded 113 masters’s mathematics and statistics degrees in 2019-2020.

MIT did well in our major quality rankings, too. It placed #2 on our “Best Mathematics & Statistics Master’s Degree Schools” list. Average graduate tuition and fees at Massachusetts Institute of Technology are $56,719, but you may pay more or less depending on your major.

Read more about Mathematics & Statistics at Massachusetts Institute of Technology

#8

Harvard University

Cambridge, Massachusetts
#12 in overall quality

Harvard University did quite well in the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $0-$30k ranking, coming in at #8. Harvard University is a large school located in Cambridge, Massachusetts that handed out 42 masters’s mathematics and statistics degrees in 2019-2020.

Harvard also made our “Best Mathematics & Statistics Master’s Degree Schools” list, coming in at #12. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Harvard are $50,654.

Read more about Mathematics & Statistics at Harvard

#9

Washington University in St Louis

Saint Louis, Missouri
#16 in overall quality

Washington University in St Louis landed the #9 spot on the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $0-$30k ranking. Saint Louis, Missouri is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out masters’s mathematics and statistics degrees to 79 students in 2019-2020.

WUSTL also made our “Best Mathematics & Statistics Master’s Degree Schools” list, coming in at #16. Average graduate tuition and fees at Washington University in St Louis are $56,562, but some majors have different tuition rates.

Full WUSTL Mathematics & Statistics Report

#10

Rice University

Houston, Texas
#10 in overall quality

Rice University did quite well in the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $0-$30k ranking, coming in at #10. Houston, Texas is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out masters’s mathematics and statistics degrees to 36 students in 2019-2020.

Rice also took the #10 spot in our “Best Mathematics & Statistics Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Rice University are $47,913.

Read full report on Mathematics & Statistics at Rice University

#11

Northwestern University

Evanston, Illinois
#21 in overall quality

Northwestern University landed the #11 spot on the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $0-$30k ranking. Located in Evanston, Illinois, this large private not-for-profit school awarded 27 diplomas to qualified masters’s mathematics and statistics students in 2019-2020.

Northwestern also made our “Best Mathematics & Statistics Master’s Degree Schools” list, coming in at #21. 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 University Mathematics & Statistics Report

#12

Vanderbilt University

Nashville, Tennessee
#19 in overall quality

Vanderbilt University landed the #12 spot on the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $0-$30k ranking. Vanderbilt University is a fairly large private not-for-profit school situated in Nashville, Tennessee. It awarded 130 masters’s mathematics and statistics degrees in 2019-2020.

Vanderbilt did well in our major quality rankings, too. It placed #19 on our “Best Mathematics & Statistics Master’s Degree Schools” list. Average graduate tuition and fees at Vanderbilt are $50,624, but you may pay more or less depending on your major.

Full Vanderbilt University Mathematics & Statistics Report

#13

Dartmouth College

Hanover, New Hampshire
#6 in overall quality

Dartmouth College ranked #13 on this year’s Best Value Mathematics & Statistics Schools for a Master’s For Those Making $0-$30k list. Dartmouth College is a private not-for-profit institution located in Hanover, New Hampshire. The school has a medium-sized population, and it awarded 4 masters’s degrees in 2019-2020.

As a testament to the quality of education offered at Dartmouth, the school also landed the #6 spot in our “Best Mathematics & Statistics Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Dartmouth are $58,120.

Read more about Mathematics & Statistics at Dartmouth College

#14

Cornell University

Ithaca, New York
#15 in overall quality

Cornell University ranked #14 on this year’s Best Value Mathematics & Statistics Schools for a Master’s For Those Making $0-$30k list. This large school is located in Ithaca, New York, and it awarded 75 masters’s mathematics and statistics degrees in 2019-2020.

Cornell did well in our major quality rankings, too. It placed #15 on our “Best Mathematics & Statistics Master’s Degree Schools” list. Average graduate tuition and fees at Cornell are $30,042, but you may pay more or less depending on your major.

Full Cornell Mathematics & Statistics Report

#15

University of Michigan - Ann Arbor

Ann Arbor, Michigan
#24 in overall quality

With a ranking of #15, University of Michigan - Ann Arbor did quite well on the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $0-$30k list. U-M is a large school located in Ann Arbor, Michigan that handed out 154 masters’s mathematics and statistics degrees in 2019-2020.

U-M also took the #24 spot in our “Best Mathematics & Statistics Master’s Degree Schools” ranking. Average graduate tuition and fees at University of Michigan - Ann Arbor are $49,548, but some majors have different tuition rates.

Full University of Michigan - Ann Arbor Mathematics & Statistics Report

#16

Georgetown University

Washington, District of Columbia

Georgetown University did quite well in the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $0-$30k ranking, coming in at #16. Georgetown is a fairly large school located in Washington, District of Columbia that handed out 40 masters’s mathematics and statistics degrees in 2019-2020.

Average graduate tuition and fees at Georgetown are $53,591, but some majors have different tuition rates.

Read full report on Mathematics & Statistics at Georgetown

#17

University of Florida

Gainesville, Florida

University of Florida did quite well in the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $0-$30k ranking, coming in at #17. UF is a large public school situated in Gainesville, Florida. It awarded 15 masters’s mathematics and statistics degrees in 2019-2020.

Average graduate tuition and fees at UF are $30,130, but some majors have different tuition rates.

Read more about Mathematics & Statistics at University of Florida

#18

University of North Carolina at Chapel Hill

Chapel Hill, North Carolina
Top 25% in overall quality

With a ranking of #18, University of North Carolina at Chapel Hill did quite well on the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $0-$30k list. University of North Carolina at Chapel Hill is a large school located in Chapel Hill, North Carolina that handed out 22 masters’s mathematics and statistics degrees in 2019-2020.

Average graduate tuition and fees at UNC Chapel Hill are $30,248, but some majors have different tuition rates.

Full University of North Carolina at Chapel Hill Mathematics & Statistics Report

#19

University of Notre Dame

Notre Dame, Indiana
#1 in overall quality

University of Notre Dame did quite well in the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $0-$30k ranking, coming in at #19. Notre Dame is located in Notre Dame, Indiana and, has a fairly large student population. In 2019-2020, this school awarded 31 masters’s mathematics and statistics degrees to qualified students.

Notre Dame also made our “Best Mathematics & Statistics Master’s Degree Schools” list, coming in at #1. Average graduate tuition and fees at University of Notre Dame are $57,522, but you may pay more or less depending on your major.

Read more about Mathematics & Statistics at University of Notre Dame

Top 15% in overall quality

University of Wisconsin - Madison did quite well in the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $0-$30k ranking, coming in at #20. UW - Madison is a public institution located in Madison, Wisconsin. The school has a large population, and it awarded 123 masters’s degrees in 2019-2020.

As a testament to the quality of education it offers, UW - Madison is also in the top of our “Best Mathematics & Statistics Master’s Degree Schools” ranking. It’s ranked in the top 15% of all schools on our “Best Mathematics & Statistics Master’s Degree Schools” list. Average graduate tuition and fees at UW - Madison are $25,523, but some majors have different tuition rates.

Read full report on Mathematics & Statistics at University of Wisconsin - Madison

#21

Tufts University

Medford, Massachusetts
#20 in overall quality

Tufts University landed the #21 spot on the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $0-$30k ranking. Medford, Massachusetts is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out masters’s mathematics and statistics degrees to 12 students in 2019-2020.

In addition to being on our master’s degree mathematics & statistics students whose families make $0-$30k list, Tufts has also earned the #20 rank in our “Best Mathematics & Statistics Master’s Degree Schools” ranking. Average graduate tuition and fees at Tufts University are $55,168, but you may pay more or less depending on your major.

Read more about Mathematics & Statistics at Tufts

Top 15% in overall quality

With a ranking of #22, University of Illinois at Urbana-Champaign did quite well on the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $0-$30k list. This large school is located in Champaign, Illinois, and it awarded 249 masters’s mathematics and statistics degrees in 2019-2020.

UIUC excels when it comes to mathematics and statistics quality. It’s in the top 15% of all schools in this category. Average graduate tuition and fees at UIUC are $30,083, but some majors have different tuition rates.

Full University of Illinois at Urbana-Champaign Mathematics & Statistics Report

Top 25% in overall quality

Michigan Technological University landed the #23 spot on the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $0-$30k ranking. Michigan Tech is a public institution located in Houghton, Michigan. The school has a medium-sized population, and it awarded 8 masters’s degrees in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at Michigan Technological University are $21,996.

Read full report on Mathematics & Statistics at Michigan Tech

#24

Hunter College

New York, New York

Hunter College did quite well in the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $0-$30k ranking, coming in at #24. Hunter College is a large public school situated in New York, New York. It awarded 34 masters’s mathematics and statistics degrees in 2019-2020.

Average graduate tuition and fees at Hunter College are $20,828, but you may pay more or less depending on your major.

Read full report on Mathematics & Statistics at Hunter College

Top 15% in overall quality

University of Washington - Seattle Campus came in at #25 in this year’s edition of the Best Value Mathematics & Statistics Schools for a Master’s For Those Making $0-$30k ranking. University of Washington - Seattle Campus is a public institution located in Seattle, Washington. The school has a large population, and it awarded 157 masters’s degrees in 2019-2020.

In addition to being on this list, UW Seattle is in the top on our “Best Mathematics & Statistics Master’s Degree Schools” list. It’s ranked in the top 15% of all schools on our “Best Mathematics & Statistics Master’s Degree Schools” list. Average graduate tuition and fees at University of Washington - Seattle Campus are $30,294, but some majors have different tuition rates.

Full UW Seattle Mathematics & Statistics Report

Rest of the Best 42 in Best Value Mathematics & Statistics Schools for a Master’s For Those Making $0-$30k

Not only did these schools make the top 42 list, but they also landed in the top 15% of this year’s ranking:

#28

University of California - Berkeley

Berkeley, California
#29

The City College of New York

New York, New York
#30

The University of West Florida

Pensacola, Florida
#32

Baruch College

New York, New York
#34

Queens College

Queens, New York
#35

Purdue University - Main Campus

West Lafayette, Indiana
#36

Indiana University - Bloomington

Bloomington, Indiana
#37

Boston College

Chestnut Hill, Massachusetts
#38

University of California - Los Angeles

Los Angeles, California
#39

University of Maryland - College Park

College Park, Maryland
#40

Wake Forest University

Winston-Salem, North Carolina
#41

Florida State University

Tallahassee, Florida
#42

Northeastern University

Boston, Massachusetts

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 brewbooks.

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