2022 Best Value Bachelor’s Degree Colleges for Mathematical Statistics & Probability (Income $48-$75k) in the Great Lakes Region

When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Mathematical Statistics and Probability Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k” ranking is part of that endeavor.

In 2019-2020, 457 people earned their degree in mathematical statistics and probability, making the major the 618th most popular in the United States.

Across the Great Lakes region, there were 248 mathematical statistics and probability graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 207 mathematical statistics and probability graduates with average earnings and debt of $39,075 and $25,381 respectively.

For this year’s “Best Value Mathematical Statistics and Probability Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k” ranking, we looked at 2 colleges that offer a degree in mathematical statistics and probability. Not only do the schools that top this list have excellent mathematical statistics and probability 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 mathematical statistics and probability program at the school and the cost to attend the school once aid has been awarded. See our ranking methodology to learn more.

One Size Does Not Fit All

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 Mathematical Statistics and Probability Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k” list to help you make the college decision.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Mathematical Statistics and Probability Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k

The following schools top our list of the Best Best Value Mathematical Statistics and Probability Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k.

Top 2 Best Value Bachelor’s Degree Colleges for Mathematical Statistics & Probability (Income $48-$75k) in the Great Lakes Region

#1

Purdue University - Main Campus

West Lafayette, Indiana

#1 in overall quality

$9,654 Average Net Price

You’ll be in good company if you decide to attend Purdue University - Main Campus. It ranked #1 on our 2022 Best Value Mathematical Statistics and Probability Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k list. Purdue is a large public school situated in West Lafayette, Indiana. It awarded 195 bachelors’s mathematical statistics and probability degrees in 2019-2020.

Purdue did well in our major quality rankings, too. It placed #1 on our “Best Mathematical Statistics & Probability Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Purdue University - Main Campus is $9,654 for Great Lakes Region Bachelor’s Degree Mathematical Statistics and Probability students whose families make $48-$75k.

The student loan default rate at the school is 2.2%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year.

Read full report on Mathematical Statistics & Probability at Purdue

#2

Marquette University

Milwaukee, Wisconsin

#2 in overall quality

$25,492 Average Net Price

Out of the 2 schools in the Best Value Mathematical Statistics and Probability Schools for a Bachelor’s in the Great Lakes Region For Those Making $48-$75k that were part of this year’s ranking, Marquette University landed the #2 spot on the list. This fairly large school is located in Milwaukee, Wisconsin, and it awarded 9 bachelors’s mathematical statistics and probability degrees in 2019-2020.

Marquette also made our “Best Mathematical Statistics & Probability Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #2. It costs about $25,492 for Great Lakes Region Bachelor’s Degree Mathematical Statistics and Probability students whose families make $48-$75k per year to attend Marquette.

The school has an impressive student loan default rate. It’s only 1.5%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 88%, the school does an excellent job of retaining its students.

Read more about Mathematical Statistics & Probability at Marquette

• Best Value Bachelor’s Degree Colleges for Mathematical Statistics & Probability (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 QWFP.

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