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2022 Best Value Master’s Degree Colleges for Mathematics & Statistics (Income $48-$75k)

274 Ranked Colleges
12,100 Degrees Awarded
$46,100 Avg Grad Tuition & Fees*
Best Value Mathematics & Statistics Schools for a Master's For Those Making $48-$75k

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 $48-$75k” 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 $48-$75k” ranking looked at 274 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.

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 mathematics and statistics program at the school. See our ranking methodology to learn more.

More Ways to Rank Mathematics & Statistics Schools

The mathematics & statistics school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Mathematics & Statistics Schools for a Master’s For Those Making $48-$75k”.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

Best Value Mathematics & Statistics Schools for a Master’s For Those Making $48-$75k

The following schools top our list of the Best Best Value Mathematics & Statistics Schools for a Master’s For Those Making $48-$75k.

Top 25 Best Value Master’s Degree Colleges for Mathematics & Statistics (Income $48-$75k)

#1

Massachusetts Institute of Technology

Cambridge, Massachusetts
#2 in overall quality

You’ll join some of the best and brightest minds around if you attend Massachusetts Institute of Technology. The school came in at #1 for the Best Value Mathematics & Statistics Schools for a Master’s For Those Making $48-$75k. Massachusetts Institute of Technology is a fairly large school located in Cambridge, Massachusetts that handed out 113 masters’s mathematics and statistics degrees in 2019-2020.

As a testament to the quality of education offered at MIT, the school also landed the #2 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 MIT are $56,719.

Read more about Mathematics & Statistics at Massachusetts Institute of Technology

#2

Harvard University

Cambridge, Massachusetts
#12 in overall quality

You’ll join some of the best and brightest minds around if you attend Harvard University. The school came in at #2 for the Best Value Mathematics & Statistics Schools for a Master’s For Those Making $48-$75k. Cambridge, Massachusetts 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 42 students in 2019-2020.

As a testament to the quality of education offered at Harvard, the school also landed the #12 spot in our “Best Mathematics & Statistics Master’s Degree Schools” ranking. Average graduate tuition and fees at Harvard are $50,654, but some majors have different tuition rates.

Read full report on Mathematics & Statistics at Harvard

#3

Stanford University

Stanford, California
#5 in overall quality

You’ll join some of the best and brightest minds around if you attend Stanford University. The school came in at #3 for the Best Value Mathematics & Statistics Schools for a Master’s For Those Making $48-$75k. Stanford, California 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 115 students in 2019-2020.

Stanford also made our “Best Mathematics & Statistics Master’s Degree Schools” list, coming in at #5. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Stanford University are $55,011.

Full Stanford Mathematics & Statistics Report

#4

Rice University

Houston, Texas
#10 in overall quality

Out of the 274 schools in the Best Value Mathematics & Statistics Schools for a Master’s For Those Making $48-$75k that were part of this year’s ranking, Rice University landed the #4 spot on the list. Rice is a private not-for-profit institution located in Houston, Texas. The school has a medium-sized population, and it awarded 36 masters’s degrees in 2019-2020.

Rice did well in our major quality rankings, too. It placed #10 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 Rice University are $47,913.

Read full report on Mathematics & Statistics at Rice University

#5

University of Chicago

Chicago, Illinois
#4 in overall quality

Out of the 274 schools in the Best Value Mathematics & Statistics Schools for a Master’s For Those Making $48-$75k that were part of this year’s ranking, University of Chicago landed the #5 spot on the list. This fairly large school is located in Chicago, Illinois, and it awarded 325 masters’s mathematics and statistics degrees in 2019-2020.

UChicago also took the #4 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 UChicago are $61,548.

Full University of Chicago Mathematics & Statistics Report

#6

Johns Hopkins University

Baltimore, Maryland
#3 in overall quality

Johns Hopkins University ranked #6 on this year’s Best Value Mathematics & Statistics Schools for a Master’s For Those Making $48-$75k list. Johns Hopkins is a large private not-for-profit school situated in Baltimore, Maryland. It awarded 178 masters’s mathematics and statistics degrees in 2019-2020.

Johns Hopkins did well in our major quality rankings, too. It placed #3 on our “Best Mathematics & Statistics Master’s Degree Schools” list. Average graduate tuition and fees at Johns Hopkins are $59,425, but some majors have different tuition rates.

Full Johns Hopkins Mathematics & Statistics Report

#7

Duke University

Durham, North Carolina
#9 in overall quality

Duke University ranked #7 on this year’s Best Value Mathematics & Statistics Schools for a Master’s For Those Making $48-$75k list. Duke is a fairly large private not-for-profit school situated in Durham, North Carolina. It awarded 37 masters’s mathematics and statistics degrees 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

#8

Vanderbilt University

Nashville, Tennessee
#19 in overall quality

Vanderbilt University landed the #8 spot on the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $48-$75k ranking. This fairly large school is located in Nashville, Tennessee, and it awarded 130 masters’s mathematics and statistics degrees in 2019-2020.

Vanderbilt also made our “Best Mathematics & Statistics Master’s Degree Schools” list, coming in at #19. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Vanderbilt are $50,624.

Read full report on Mathematics & Statistics at Vanderbilt

#9

Northwestern University

Evanston, Illinois
#21 in overall quality

Northwestern University ranked #9 on this year’s Best Value Mathematics & Statistics Schools for a Master’s For Those Making $48-$75k list. Northwestern University is located in Evanston, Illinois and, has a large student population. In 2019-2020, this school awarded 27 masters’s mathematics and statistics degrees to qualified students.

Northwestern did well in our major quality rankings, too. It placed #21 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 Northwestern University are $56,567.

Read full report on Mathematics & Statistics at Northwestern

#10

Cornell University

Ithaca, New York
#15 in overall quality

With a ranking of #10, Cornell University did quite well on the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $48-$75k list. Cornell is located in Ithaca, New York and, has a large student population. In 2019-2020, this school awarded 75 masters’s mathematics and statistics degrees to qualified students.

Cornell not only placed well in this ranking. It is also #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

#11

Washington University in St Louis

Saint Louis, Missouri
#16 in overall quality

Washington University in St Louis came in at #11 in this year’s edition of the Best Value Mathematics & Statistics Schools for a Master’s For Those Making $48-$75k ranking. WUSTL is a fairly large private not-for-profit school situated in Saint Louis, Missouri. It awarded 79 masters’s mathematics and statistics degrees in 2019-2020.

WUSTL not only placed well in this ranking. It is also #16 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 WUSTL are $56,562.

Read full report on Mathematics & Statistics at Washington University in St Louis

#12

Brown University

Providence, Rhode Island
#8 in overall quality

With a ranking of #12, Brown University did quite well on the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $48-$75k list. Located in Providence, Rhode Island, this medium-sized private not-for-profit school awarded 10 diplomas to qualified masters’s mathematics and statistics students in 2019-2020.

Brown also took the #8 spot in our “Best Mathematics & Statistics Master’s Degree Schools” ranking. Average graduate tuition and fees at Brown University are $60,363, but you may pay more or less depending on your major.

Read more about Mathematics & Statistics at Brown University

#13

Dartmouth College

Hanover, New Hampshire
#6 in overall quality

Dartmouth College came in at #13 in this year’s edition of the Best Value Mathematics & Statistics Schools for a Master’s For Those Making $48-$75k ranking. This medium-sized school is located in Hanover, New Hampshire, and it awarded 4 masters’s mathematics and statistics degrees in 2019-2020.

Dartmouth did well in our major quality rankings, too. It placed #6 on our “Best Mathematics & Statistics Master’s Degree Schools” list. Average graduate tuition and fees at Dartmouth are $58,120, but you may pay more or less depending on your major.

Read full report on Mathematics & Statistics at Dartmouth College

#14

University of Pennsylvania

Philadelphia, Pennsylvania
#7 in overall quality

University of Pennsylvania did quite well in the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $48-$75k ranking, coming in at #14. Located in Philadelphia, Pennsylvania, this large private not-for-profit school awarded 50 degrees to qualified masters’s mathematics and statistics students in 2019-2020.

UPenn did well in our major quality rankings, too. It placed #7 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 University of Pennsylvania are $41,760.

Read full report on Mathematics & Statistics at University of Pennsylvania

#17 in overall quality

Columbia University in the City of New York did quite well in the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $48-$75k ranking, coming in at #15. Columbia is a large school located in New York, New York that handed out 554 masters’s mathematics and statistics degrees in 2019-2020.

Columbia also made our “Best Mathematics & Statistics Master’s Degree Schools” list, coming in at #17. Average graduate tuition and fees at Columbia are $51,194, but you may pay more or less depending on your major.

Full Columbia University in the City of New York Mathematics & Statistics Report

#16

University of Notre Dame

Notre Dame, Indiana
#1 in overall quality

University of Notre Dame came in at #16 in this year’s edition of the Best Value Mathematics & Statistics Schools for a Master’s For Those Making $48-$75k ranking. Located in Notre Dame, Indiana, this fairly large private not-for-profit school handed out 31 diplomas to qualified masters’s mathematics and statistics students in 2019-2020.

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

Full University of Notre Dame Mathematics & Statistics Report

#17

Wake Forest University

Winston-Salem, North Carolina
Top 15% in overall quality

With a ranking of #17, Wake Forest University did quite well on the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $48-$75k list. Wake Forest University is located in Winston-Salem, North Carolina and, has a medium-sized student population. In 2019-2020, this school awarded 17 masters’s mathematics and statistics degrees to qualified students.

In addition to being on this list, Wake Forest University is in the top on our “Best Mathematics & Statistics Master’s Degree Schools” list. It’s in the top 15% of all schools in this category. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Wake Forest University are $39,216.

Full Wake Forest University Mathematics & Statistics Report

Top 15% in overall quality

University of Wisconsin - Madison ranked #18 on this year’s Best Value Mathematics & Statistics Schools for a Master’s For Those Making $48-$75k list. This large school is located in Madison, Wisconsin, and it awarded 123 masters’s mathematics and statistics degrees in 2019-2020.

In addition to being on this list, UW - Madison 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 Wisconsin - Madison are $25,523, but some majors have different tuition rates.

Read full report on Mathematics & Statistics at UW - Madison

#19

University of Michigan - Ann Arbor

Ann Arbor, Michigan
#24 in overall quality

University of Michigan - Ann Arbor came in at #19 in this year’s edition of the Best Value Mathematics & Statistics Schools for a Master’s For Those Making $48-$75k ranking. University of Michigan - Ann Arbor is a public institution located in Ann Arbor, Michigan. The school has a large population, and it awarded 154 masters’s degrees in 2019-2020.

As a testament to the quality of education offered at U-M, the school also landed the #24 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 U-M are $49,548.

Full University of Michigan - Ann Arbor Mathematics & Statistics Report

Top 15% in overall quality

With a ranking of #20, University of Washington - Seattle Campus did quite well on the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $48-$75k list. UW Seattle is a large public school situated in Seattle, Washington. It awarded 157 masters’s mathematics and statistics 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 you may pay more or less depending on your major.

Full University of Washington - Seattle Campus Mathematics & Statistics Report

#21

Purdue University - Main Campus

West Lafayette, Indiana
Top 20% in overall quality

Purdue University - Main Campus came in at #21 in this year’s edition of the Best Value Mathematics & Statistics Schools for a Master’s For Those Making $48-$75k ranking. Purdue is located in West Lafayette, Indiana and, has a large student population. In 2019-2020, this school awarded 36 masters’s mathematics and statistics degrees to qualified students.

Purdue excels when it comes to mathematics and statistics quality. It’s in the top 20% of all schools in this category. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Purdue University - Main Campus are $28,794.

Full Purdue Mathematics & Statistics Report

#22

University of North Carolina at Chapel Hill

Chapel Hill, North Carolina
Top 25% in overall quality

With a ranking of #22, 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 $48-$75k list. This large school is located in Chapel Hill, North Carolina, and it awarded 22 masters’s mathematics and statistics degrees in 2019-2020.

Average graduate tuition and fees at University of North Carolina at Chapel Hill are $30,248, but you may pay more or less depending on your major.

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

#23

The University of West Florida

Pensacola, Florida

The University of West Florida did quite well in the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $48-$75k ranking, coming in at #23. The University of West Florida is located in Pensacola, Florida and, has a fairly large student population. In 2019-2020, this school awarded 76 masters’s mathematics and statistics degrees to qualified students.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at UWF are $24,894.

Read full report on Mathematics & Statistics at The University of West Florida

The University of Texas Rio Grande Valley came in at #24 in this year’s edition of the Best Value Mathematics & Statistics Schools for a Master’s For Those Making $48-$75k ranking. This large school is located in Edinburg, Texas, and it awarded 18 masters’s mathematics and statistics degrees in 2019-2020.

Average graduate tuition and fees at UT Rio Grande Valley are $15,151, but some majors have different tuition rates.

Read more about Mathematics & Statistics at The University of Texas Rio Grande Valley

#25

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 $48-$75k ranking, coming in at #25. Georgetown is a fairly large private not-for-profit school situated in Washington, District of Columbia. It awarded 40 masters’s mathematics and statistics degrees in 2019-2020.

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

Read more about Mathematics & Statistics at Georgetown

Rest of the Best 42 in Best Value Mathematics & Statistics Schools for a Master’s For Those Making $48-$75k

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

#26

University of California - Berkeley

Berkeley, California
#27

University of Florida

Gainesville, Florida
#28

University of California - Los Angeles

Los Angeles, California
#34

Hunter College

New York, New York
#35

University of Virginia - Main Campus

Charlottesville, Virginia
#37

The City College of New York

New York, New York
#38

Boston College

Chestnut Hill, Massachusetts
#39

Indiana University - Bloomington

Bloomington, Indiana
#40

Queens College

Queens, New York
#41

University of Minnesota - Twin Cities

Minneapolis, Minnesota

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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