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

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 Mathematics & Statistics Schools for a Master’s in Illinois For Those Making $48-$75k” ranking as one item you can use to help make this 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.

For this year’s “Best Value Mathematics & Statistics Schools for a Master’s in Illinois For Those Making $48-$75k” ranking, we looked at 14 colleges that offer a degree in mathematics and statistics. Not only do the schools that top this list have excellent mathematics and statistics programs, but they also cost less that schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the mathematics and statistics program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.

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

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

Top 14 Best Value Master’s Degree Colleges for Mathematics & Statistics (Income $48-$75k) 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 $48-$75k list. This fairly large school is located in Chicago, Illinois, and it awarded 325 masters’s mathematics and statistics degrees in 2019-2020.

UChicago not only placed well in this ranking. It is also #1 on our “Best Mathematics & Statistics Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at University of Chicago are $61,548, but you may pay more or less depending on your major.

Full UChicago Mathematics & Statistics Report

#2

Northwestern University

Evanston, Illinois
#2 in overall quality

You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #2 for the Best Value Mathematics & Statistics Schools for a Master’s in Illinois For Those Making $48-$75k. This large school is located in Evanston, Illinois, and it awarded 27 masters’s mathematics and statistics degrees 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. Average graduate tuition and fees at Northwestern are $56,567, but some majors have different tuition rates.

Read more about Mathematics & Statistics at Northwestern University

#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 $48-$75k that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #3 spot on the list. University of Illinois at Urbana-Champaign is a large public school situated in Champaign, Illinois. It awarded 249 masters’s mathematics and statistics degrees in 2019-2020.

UIUC did well in our major quality rankings, too. It placed #3 on our “Best Mathematics & Statistics Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at UIUC are $30,083, but you may pay more or less depending on your major.

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

#6 in overall quality

You’ll join some of the best and brightest minds around if you attend Southern Illinois University Edwardsville. The school came in at #4 for the Best Value Mathematics & Statistics Schools for a Master’s in Illinois For Those Making $48-$75k. Southern Illinois University Edwardsville is a fairly large school located in Edwardsville, Illinois that handed out 10 masters’s mathematics and statistics degrees in 2019-2020.

In addition to being on our illinois master’s degree mathematics & statistics students whose families make $48-$75k list, SIUE has also earned the #6 rank in our “Best Mathematics & Statistics Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Southern Illinois University Edwardsville are $9,300, but you may pay more or less depending on your major.

Read full report on Mathematics & Statistics at Southern Illinois University Edwardsville

#5

Eastern Illinois University

Charleston, Illinois
#9 in overall quality

You’ll be in good company if you decide to attend Eastern Illinois University. It ranked #5 on our 2022 Best Value Mathematics & Statistics Schools for a Master’s in Illinois For Those Making $48-$75k list. EIU is a medium-sized school located in Charleston, Illinois that handed out 3 masters’s mathematics and statistics degrees in 2019-2020.

EIU also took the #9 spot in our “Best Mathematics & Statistics Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Eastern Illinois University are $20,761, but you may pay more or less depending on your major.

Full EIU Mathematics & Statistics Report

#6

Northern Illinois University

Dekalb, Illinois
#10 in overall quality

Northern Illinois University did quite well in the 2022 Best Value Mathematics & Statistics Schools for a Master’s in Illinois For Those Making $48-$75k ranking, coming in at #6. Located in Dekalb, Illinois, this fairly large public school awarded 21 diplomas to qualified masters’s mathematics and statistics students in 2019-2020.

In addition to being on our illinois master’s degree mathematics & statistics students whose families make $48-$75k 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 Northern Illinois University are $11,086, but you may pay more or less depending on your major.

Read full report on Mathematics & Statistics at Northern Illinois 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 $48-$75k list. University of Illinois at Chicago is a public institution located in Chicago, Illinois. The school has a large population, and it awarded 35 masters’s 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. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UIC are $27,036.

Read more about Mathematics & Statistics at University of Illinois at Chicago

#8

Illinois State University

Normal, Illinois
#4 in overall quality

Illinois State University ranked #8 on this year’s Best Value Mathematics & Statistics Schools for a Master’s in Illinois For Those Making $48-$75k list. Illinois State University is a large public school situated in Normal, Illinois. It awarded 27 masters’s mathematics and statistics degrees in 2019-2020.

Illinois State not only placed well in this ranking. It is also #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 more about Mathematics & Statistics at Illinois State University

#9

Aurora University

Aurora, Illinois

Aurora University ranked #9 on this year’s Best Value Mathematics & Statistics Schools for a Master’s in Illinois For Those Making $48-$75k list. Aurora is a medium-sized school located in Aurora, Illinois that handed out 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. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Aurora University are $13,200.

Read more about Mathematics & Statistics at Aurora University

#10

Western Illinois University

Macomb, Illinois
#13 in overall quality

With a ranking of #10, Western Illinois University did quite well on the 2022 Best Value Mathematics & Statistics Schools for a Master’s in Illinois For Those Making $48-$75k list. Western Illinois University is located in Macomb, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 12 masters’s mathematics and statistics degrees to qualified students.

WIU also made our “Best Mathematics & Statistics Master’s Degree Schools in Illinois” list, coming in at #13. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Western Illinois University are $11,996.

Read full report on Mathematics & Statistics at Western Illinois University

#12 in overall quality

Northeastern Illinois University did quite well in the 2022 Best Value Mathematics & Statistics Schools for a Master’s in Illinois For Those Making $48-$75k ranking, coming in at #11. Northeastern Illinois University is a medium-sized public school situated in Chicago, Illinois. It awarded 10 masters’s mathematics and statistics degrees in 2019-2020.

Northeastern Illinois University also made our “Best Mathematics & Statistics Master’s Degree Schools in Illinois” list, coming in at #12. Average graduate tuition and fees at Northeastern Illinois University are $17,032, but some majors have different tuition rates.

Read full report on Mathematics & Statistics at Northeastern Illinois University

#12

Roosevelt University

Chicago, Illinois
#11 in overall quality

Roosevelt University did quite well in the 2022 Best Value Mathematics & Statistics Schools for a Master’s in Illinois For Those Making $48-$75k ranking, coming in at #12. This small school is located in Chicago, Illinois, and it awarded 3 masters’s mathematics and statistics degrees in 2019-2020.

Roosevelt also made our “Best Mathematics & Statistics Master’s Degree Schools in Illinois” list, coming in at #11. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Roosevelt University are $21,605.

Full Roosevelt University Mathematics & Statistics Report

#13

DePaul University

Chicago, Illinois
#5 in overall quality

DePaul University came in at #13 in this year’s edition of the Best Value Mathematics & Statistics Schools for a Master’s in Illinois For Those Making $48-$75k ranking. DePaul University 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.

As a testament to the quality of education offered at DePaul, the school also landed the #5 spot in our “Best Mathematics & Statistics Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at DePaul are $19,760, but some majors have different tuition rates.

Full DePaul University Mathematics & Statistics Report

#14

Loyola University Chicago

Chicago, Illinois
#7 in overall quality

Loyola University Chicago landed the #14 spot on the 2022 Best Value Mathematics & Statistics Schools for a Master’s in Illinois For Those Making $48-$75k ranking. Loyola University Chicago is a private not-for-profit institution located in Chicago, Illinois. The school has a fairly large population, and it awarded 19 masters’s degrees in 2019-2020.

As a testament to the quality of education offered at Loyola Chicago, the school also landed the #7 spot in our “Best Mathematics & Statistics Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Loyola University Chicago are $19,154, but you may pay more or less depending on your major.

Read full report on 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

  • Credit for the banner image above goes to brewbooks.

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