2022 Best Value Bachelor’s Degree Colleges for Financial Mathematics (Income $48-$75k) in the New England Region

With all of the options students have for higher education today, it can be tough to choose which direction to take. 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 Financial Math Schools for a Bachelor’s in the New England Region For Those Making $48-$75k” ranking is one tool we have developed to help in this regard.

In 2019-2020, 4,421 people earned their degree in financial mathematics, making the major the 174th most popular in the United States.

Across the New England region, there were 787 financial mathematics graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 25 financial mathematics graduates with average earnings and debt of $41,041 and $24,492 respectively.

For this year’s “Best Value Financial Math Schools for a Bachelor’s in the New England Region For Those Making $48-$75k” ranking, we looked at 2 colleges that offer a degree in financial mathematics. Not only do the schools that top this list have excellent financial mathematics programs, but they also cost less that 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 financial mathematics program at the school. See our ranking methodology to learn more.

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 Financial Math Schools for a Bachelor’s in the New England Region For Those Making $48-$75k” ranking, along with many other major-related rankings, to help you make that decision.

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. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Financial Math Schools for a Bachelor’s in the New England Region For Those Making $48-$75k

The following schools top our list of the Best Best Value Financial Math Schools for a Bachelor’s in the New England Region For Those Making $48-$75k.

Top 2 Best Value Bachelor’s Degree Colleges for Financial Mathematics (Income $48-$75k) in the New England Region

#1

Massachusetts Institute of Technology

Cambridge, Massachusetts

#1 in overall quality

$6,049 Average Net Price

Out of the 2 schools in the Best Value Financial Math Schools for a Bachelor’s in the New England Region For Those Making $48-$75k that were part of this year’s ranking, Massachusetts Institute of Technology landed the #1 spot on the list. This fairly large school is located in Cambridge, Massachusetts, and it awarded 14 bachelors’s financial math degrees in 2019-2020.

MIT also took the #1 spot in our “Best Financial Mathematics Bachelor’s Degree Schools in the New England Region” ranking. The yearly cost to attend MIT is $6,049 for new england region bachelor’s degree financial math students whose families make $48-$75k.

With a student-to-faculty ratio of 3 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The low student loan default rate of 1.1% 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%. The school has an excellent freshman retention rate of 98%, which means students like the school well enough to return for a second year.

Full Massachusetts Institute of Technology Financial Mathematics Report

#2

University of Connecticut

Storrs, Connecticut

#2 in overall quality

$19,243 Average Net Price

You’ll be in good company if you decide to attend University of Connecticut. It ranked #2 on our 2022 Best Value Financial Math Schools for a Bachelor’s in the New England Region For Those Making $48-$75k list. University of Connecticut is located in Storrs, Connecticut and, has a large student population. In 2019-2020, this school awarded 11 bachelors’s financial math degrees to qualified students.

UCONN not only placed well in this ranking. It is also #2 on our “Best Financial Mathematics Bachelor’s Degree Schools in the New England Region” list. The estimated yearly cost for University of Connecticut is $19,243 for new england region bachelor’s degree financial math students whose families make $48-$75k.

The school has an impressive student loan default rate. It’s only 2.6%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 93%.

Read more about Financial Mathematics at University of Connecticut

• Best Value Bachelor’s Degree Colleges for Financial Mathematics (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 Steven G. Johnson.

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