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

14 Ranked Colleges
875 Degrees Awarded
$23,700 Avg Grad Tuition & Fees*
Best Value Mathematics & Statistics 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. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Mathematics & Statistics Schools for a Master’s in Illinois For Those Making $30-$48k” ranking - to help you make that decision.

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.

Across Illinois, there were 2,418 mathematics and statistics graduates with average earnings and debt of $57,700 and $24,153 respectively. At the master’s degree level specifically, there were 875 mathematics and statistics graduates with average earnings and debt of $57,267 and $46,814 respectively.

This year’s “Best Value Mathematics & Statistics Schools for a Master’s in Illinois For Those Making $30-$48k” ranking looked at 14 colleges that offer degrees in a bachelor’s 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. 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 Mathematics & Statistics Schools for a Master’s in Illinois For Those Making $30-$48k” ranking, along with many other major-related rankings, to help you make that decision.

We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

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

The colleges and universities below are the best for illinois master’s degree mathematics & statistics students whose families make $30-$48k.

Top 14 Best Value Master’s Degree Colleges for Mathematics & Statistics (Income $30-$48k) in Illinois

#1

University of Chicago

Chicago, Illinois
#1 in overall quality

You’ll be in good company if you decide to attend University of Chicago. It ranked #1 on our 2022 Best Value Mathematics & Statistics Schools for a Master’s in Illinois For Those Making $30-$48k list. UChicago is located in Chicago, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 325 masters’s mathematics and statistics degrees to qualified students.

UChicago also took the #1 spot in our “Best Mathematics & 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 University of Chicago are $61,548.

Full University of Chicago Mathematics & Statistics Report

#2

Northwestern University

Evanston, Illinois
#2 in overall quality

You’ll be in good company if you decide to attend Northwestern University. It ranked #2 on our 2022 Best Value Mathematics & Statistics Schools for a Master’s in Illinois For Those Making $30-$48k list. Evanston, Illinois is the setting for this large institution of higher learning. The private not-for-profit school handed out masters’s mathematics and statistics degrees to 27 students in 2019-2020.

Northwestern not only placed well in this ranking. It is also #2 on our “Best Mathematics & 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 Northwestern are $56,567.

Read full report on Mathematics & Statistics at Northwestern

#3 in overall quality

Out of the 14 schools in the Best Value Mathematics & Statistics Schools for a Master’s in Illinois For Those Making $30-$48k that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #3 spot on the list. Located in Champaign, Illinois, this large public school awarded 249 degrees to qualified masters’s mathematics and statistics students in 2019-2020.

UIUC also took the #3 spot in our “Best Mathematics & Statistics Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at UIUC are $30,083, but you may pay more or less depending on your major.

Read full report on Mathematics & Statistics at University of Illinois at Urbana-Champaign

#6 in overall quality

Out of the 14 schools in the Best Value Mathematics & Statistics Schools for a Master’s in Illinois For Those Making $30-$48k that were part of this year’s ranking, Southern Illinois University Edwardsville landed the #4 spot on the list. Southern Illinois University Edwardsville is a fairly large public school situated in Edwardsville, Illinois. It awarded 10 masters’s mathematics and statistics degrees in 2019-2020.

SIUE not only placed well in this ranking. It is also #6 on our “Best Mathematics & Statistics Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at SIUE are $9,300, but some majors have different tuition rates.

Read more about Mathematics & Statistics at Southern Illinois University Edwardsville

#5

Eastern Illinois University

Charleston, Illinois
#9 in overall quality

Out of the 14 schools in the Best Value Mathematics & Statistics Schools for a Master’s in Illinois For Those Making $30-$48k that were part of this year’s ranking, Eastern Illinois University landed the #5 spot on the list. EIU is located in Charleston, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 3 masters’s mathematics and statistics degrees to qualified students.

EIU not only placed well in this ranking. It is also #9 on our “Best Mathematics & 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 EIU are $20,761.

Full EIU Mathematics & Statistics Report

#6

Illinois State University

Normal, Illinois
#4 in overall quality

Illinois State University came in at #6 in this year’s edition of the Best Value Mathematics & Statistics Schools for a Master’s in Illinois For Those Making $30-$48k ranking. Illinois State is a large public school situated in Normal, Illinois. It awarded 27 masters’s mathematics and statistics degrees in 2019-2020.

Illinois State did well in our major quality rankings, too. It placed #4 on our “Best Mathematics & Statistics Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Illinois State University are $11,069, but you may pay more or less depending on your major.

Read full report on Mathematics & Statistics at Illinois State University

#8 in overall quality

With a ranking of #7, University of Illinois at Chicago did quite well on the 2022 Best Value Mathematics & Statistics Schools for a Master’s in Illinois For Those Making $30-$48k list. This large school is located in Chicago, Illinois, and it awarded 35 masters’s mathematics and statistics degrees in 2019-2020.

UIC not only placed well in this ranking. It is also #8 on our “Best Mathematics & Statistics Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at UIC are $27,036, but some majors have different tuition rates.

Read full report on Mathematics & Statistics at University of Illinois at Chicago

#8

Northern Illinois University

Dekalb, Illinois
#10 in overall quality

Northern Illinois University came in at #8 in this year’s edition of the Best Value Mathematics & Statistics Schools for a Master’s in Illinois For Those Making $30-$48k ranking. NIU is located in Dekalb, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 21 masters’s mathematics and statistics degrees to qualified students.

In addition to being on our illinois master’s degree mathematics & statistics students whose families make $30-$48k list, NIU has also earned the #10 rank in our “Best Mathematics & Statistics Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at NIU are $11,086, but you may pay more or less depending on your major.

Full NIU Mathematics & Statistics Report

#9

Western Illinois University

Macomb, Illinois
#13 in overall quality

Western Illinois University landed the #9 spot on the 2022 Best Value Mathematics & Statistics Schools for a Master’s in Illinois For Those Making $30-$48k ranking. WIU is a medium-sized public school situated in Macomb, Illinois. It awarded 12 masters’s mathematics and statistics degrees in 2019-2020.

WIU not only placed well in this ranking. It is also #13 on our “Best Mathematics & Statistics Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at WIU are $11,996, but some majors have different tuition rates.

Read full report on Mathematics & Statistics at WIU

#10

Aurora University

Aurora, Illinois

With a ranking of #10, Aurora University did quite well on the 2022 Best Value Mathematics & Statistics Schools for a Master’s in Illinois For Those Making $30-$48k list. Aurora University is a medium-sized private not-for-profit school situated in Aurora, Illinois. It awarded 1 masters’s mathematics and statistics degrees in 2019-2020.

Aurora did well in our major quality rankings, too. It placed #0 on our “Best Mathematics & Statistics Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Aurora are $13,200, but you may pay more or less depending on your major.

Read more about Mathematics & Statistics at Aurora

#12 in overall quality

With a ranking of #11, Northeastern Illinois University did quite well on the 2022 Best Value Mathematics & Statistics Schools for a Master’s in Illinois For Those Making $30-$48k list. Located in Chicago, Illinois, this medium-sized public school awarded 10 degrees to qualified masters’s mathematics and statistics students in 2019-2020.

Northeastern Illinois University did well in our major quality rankings, too. It placed #12 on our “Best Mathematics & Statistics Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Northeastern Illinois University are $17,032, but you may pay more or less depending on your major.

Full Northeastern Illinois University Mathematics & Statistics Report

#12

Roosevelt University

Chicago, Illinois
#11 in overall quality

With a ranking of #12, Roosevelt University did quite well on the 2022 Best Value Mathematics & Statistics Schools for a Master’s in Illinois For Those Making $30-$48k list. Roosevelt is a small private not-for-profit school situated in Chicago, Illinois. It awarded 3 masters’s mathematics and statistics degrees in 2019-2020.

Roosevelt also took the #11 spot in our “Best Mathematics & Statistics Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Roosevelt are $21,605, but you may pay more or less depending on your major.

Read more about Mathematics & Statistics at Roosevelt

#13

DePaul University

Chicago, Illinois
#5 in overall quality

DePaul University ranked #13 on this year’s Best Value Mathematics & Statistics Schools for a Master’s in Illinois For Those Making $30-$48k list. DePaul is a private not-for-profit institution located in Chicago, Illinois. The school has a large population, and it awarded 107 masters’s degrees in 2019-2020.

DePaul did well in our major quality rankings, too. It placed #5 on our “Best Mathematics & Statistics Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at DePaul are $19,760, but some majors have different tuition rates.

Read full report on Mathematics & Statistics at DePaul

#14

Loyola University Chicago

Chicago, Illinois
#7 in overall quality

Loyola University Chicago came in at #14 in this year’s edition of the Best Value Mathematics & Statistics Schools for a Master’s in Illinois For Those Making $30-$48k ranking. Chicago, Illinois 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 19 students in 2019-2020.

Loyola Chicago also took the #7 spot in our “Best Mathematics & 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 Loyola Chicago are $19,154.

Read more about Mathematics & Statistics at Loyola Chicago

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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.

Credits

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