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2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $30-$48k

274 Ranked Colleges
12,100 Degrees Awarded
$46,600 Avg Grad Tuition & Fees*
Best Value Mathematics & Statistics Schools for a Master's For Those Making $30-$48k

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 $30-$48k” 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 $30-$48k” ranking analyzed 274 colleges that offered a degree 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. For more information, check out our ranking methodology.

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 Mathematics & Statistics Schools for a Master’s For Those Making $30-$48k” list to help you make the college decision.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. 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 For Those Making $30-$48k

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

Top 25 Best Value Master’s Degree Colleges for Mathematics & Statistics (Income $30-$48k)

#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 $30-$48k. Massachusetts Institute of Technology is a fairly large private not-for-profit school situated in Cambridge, Massachusetts. It awarded 113 masters’s mathematics and statistics degrees in 2019-2020.

MIT not only placed well in this ranking. It is also #2 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 MIT are $56,719.

Full Massachusetts Institute of Technology Mathematics & Statistics Report

#2

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 #2 for the Best Value Mathematics & Statistics Schools for a Master’s For Those Making $30-$48k. 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 not only placed well in this ranking. It is also #5 on our “Best Mathematics & Statistics Master’s Degree Schools” list. Average graduate tuition and fees at Stanford University are $55,011, but some majors have different tuition rates.

Read more about Mathematics & Statistics at Stanford

#3

Duke University

Durham, North Carolina
#9 in overall quality

You’ll be in good company if you decide to attend Duke University. It ranked #3 on our 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $30-$48k list. Located in Durham, North Carolina, this fairly large private not-for-profit school awarded 37 degrees to qualified masters’s mathematics and statistics students in 2019-2020.

Duke also made our “Best Mathematics & Statistics Master’s Degree Schools” list, coming in at #9. Average graduate tuition and fees at Duke University are $59,140, but you may pay more or less depending on your major.

Read full report on Mathematics & Statistics at Duke

#4

Rice University

Houston, Texas
#10 in overall quality

You’ll be in good company if you decide to attend Rice University. It ranked #4 on our 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $30-$48k list. This medium-sized school is located in Houston, Texas, and it awarded 36 masters’s mathematics and statistics degrees in 2019-2020.

As a testament to the quality of education offered at Rice, the school also landed the #10 spot in our “Best Mathematics & Statistics Master’s Degree Schools” ranking. Average graduate tuition and fees at Rice are $47,913, but some majors have different tuition rates.

Full Rice Mathematics & Statistics Report

#5

Harvard University

Cambridge, Massachusetts
#12 in overall quality

Out of the 274 schools in the Best Value Mathematics & Statistics Schools for a Master’s For Those Making $30-$48k that were part of this year’s ranking, Harvard University landed the #5 spot on the list. Harvard University is a large school located in Cambridge, Massachusetts that handed out 42 masters’s mathematics and statistics degrees in 2019-2020.

In addition to being on our master’s degree mathematics & statistics students whose families make $30-$48k list, Harvard has also earned the #12 rank 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 Harvard University are $50,654.

Read more about Mathematics & Statistics at Harvard

#6

University of Pennsylvania

Philadelphia, Pennsylvania
#7 in overall quality

With a ranking of #6, University of Pennsylvania did quite well on the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $30-$48k list. UPenn is a large private not-for-profit school situated in Philadelphia, Pennsylvania. It awarded 50 masters’s mathematics and statistics degrees in 2019-2020.

In addition to being on our master’s degree mathematics & statistics students whose families make $30-$48k list, UPenn has also earned the #7 rank in our “Best Mathematics & Statistics Master’s Degree Schools” ranking. Average graduate tuition and fees at UPenn are $41,760, but you may pay more or less depending on your major.

Read full report on Mathematics & Statistics at University of Pennsylvania

#7

University of Chicago

Chicago, Illinois
#4 in overall quality

University of Chicago did quite well in the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $30-$48k ranking, coming in at #7. University of Chicago is a fairly large private not-for-profit school situated in Chicago, Illinois. It awarded 325 masters’s mathematics and statistics degrees in 2019-2020.

UChicago did well in our major quality rankings, too. It placed #4 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 UChicago are $61,548.

Full UChicago Mathematics & Statistics Report

#8

Brown University

Providence, Rhode Island
#8 in overall quality

With a ranking of #8, Brown University did quite well on the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $30-$48k list. Providence, Rhode Island is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out masters’s mathematics and statistics degrees to 10 students in 2019-2020.

As a testament to the quality of education offered at Brown, the school also landed the #8 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 Brown University are $60,363.

Read full report on Mathematics & Statistics at Brown University

#9

Johns Hopkins University

Baltimore, Maryland
#3 in overall quality

With a ranking of #9, Johns Hopkins University did quite well on the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $30-$48k list. Johns Hopkins is a large school located in Baltimore, Maryland that handed out 178 masters’s mathematics and statistics degrees in 2019-2020.

In addition to being on our master’s degree mathematics & statistics students whose families make $30-$48k list, Johns Hopkins has also earned the #3 rank in our “Best Mathematics & Statistics Master’s Degree Schools” ranking. Average graduate tuition and fees at Johns Hopkins are $59,425, but you may pay more or less depending on your major.

Full Johns Hopkins University Mathematics & Statistics Report

#10

Washington University in St Louis

Saint Louis, Missouri
#16 in overall quality

With a ranking of #10, Washington University in St Louis did quite well on the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $30-$48k list. Washington University in St Louis is a fairly large school located in Saint Louis, Missouri that handed out 79 masters’s mathematics and statistics degrees in 2019-2020.

WUSTL also made our “Best Mathematics & Statistics Master’s Degree Schools” list, coming in at #16. Average graduate tuition and fees at WUSTL are $56,562, but some majors have different tuition rates.

Read more about Mathematics & Statistics at Washington University in St Louis

#11

Northwestern University

Evanston, Illinois
#21 in overall quality

Northwestern University did quite well in the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $30-$48k ranking, coming in at #11. 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 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 are $56,567.

Read full report on Mathematics & Statistics at Northwestern

#12

Cornell University

Ithaca, New York
#15 in overall quality

Cornell University ranked #12 on this year’s Best Value Mathematics & Statistics Schools for a Master’s For Those Making $30-$48k list. Ithaca, New York 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 75 students in 2019-2020.

Cornell did well in our major quality rankings, too. It placed #15 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 Cornell are $30,042.

Full Cornell University Mathematics & Statistics Report

#13

Vanderbilt University

Nashville, Tennessee
#19 in overall quality

With a ranking of #13, Vanderbilt University did quite well on the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $30-$48k list. Located in Nashville, Tennessee, this fairly large private not-for-profit school awarded 130 degrees to qualified masters’s mathematics and statistics students in 2019-2020.

Vanderbilt also took the #19 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 Vanderbilt are $50,624.

Full Vanderbilt Mathematics & Statistics Report

#14

Dartmouth College

Hanover, New Hampshire
#6 in overall quality

Dartmouth College came in at #14 in this year’s edition of the Best Value Mathematics & Statistics Schools for a Master’s For Those Making $30-$48k ranking. Dartmouth College is a private not-for-profit institution located in Hanover, New Hampshire. The school has a medium-sized population, and it awarded 4 masters’s degrees in 2019-2020.

As a testament to the quality of education offered at Dartmouth, the school also landed the #6 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 Dartmouth are $58,120.

Full Dartmouth College Mathematics & Statistics Report

#15

University of Notre Dame

Notre Dame, Indiana
#1 in overall quality

With a ranking of #15, University of Notre Dame did quite well on the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $30-$48k list. Notre Dame is a fairly large school located in Notre Dame, Indiana that handed out 31 masters’s mathematics and statistics degrees in 2019-2020.

Notre Dame also took the #1 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 University of Notre Dame are $57,522.

Full University of Notre Dame Mathematics & Statistics Report

#17 in overall quality

Columbia University in the City of New York ranked #16 on this year’s Best Value Mathematics & Statistics Schools for a Master’s For Those Making $30-$48k list. New York, New York 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 554 students in 2019-2020.

In addition to being on our master’s degree mathematics & statistics students whose families make $30-$48k list, Columbia has also earned the #17 rank in our “Best Mathematics & Statistics Master’s Degree Schools” ranking. Average graduate tuition and fees at Columbia are $51,194, but you may pay more or less depending on your major.

Full Columbia Mathematics & Statistics Report

#17

Wake Forest University

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

Wake Forest University did quite well in the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $30-$48k ranking, coming in at #17. Wake Forest University is a private not-for-profit institution located in Winston-Salem, North Carolina. The school has a medium-sized population, and it awarded 17 masters’s degrees in 2019-2020.

Wake Forest University excels when it comes to mathematics and statistics quality. It’s in the top 15% of all schools reviewed in that analysis. Average graduate tuition and fees at Wake Forest University are $39,216, but some majors have different tuition rates.

Read full report on Mathematics & Statistics at Wake Forest University

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 $30-$48k list. UW - Madison is a large public school situated in Madison, Wisconsin. 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 you may pay more or less depending on your major.

Full UW - Madison Mathematics & Statistics Report

#19

Tufts University

Medford, Massachusetts
#20 in overall quality

Tufts University did quite well in the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $30-$48k ranking, coming in at #19. Located in Medford, Massachusetts, this fairly large private not-for-profit school handed out 12 diplomas to qualified masters’s mathematics and statistics students in 2019-2020.

Tufts did well in our major quality rankings, too. It placed #20 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 Tufts are $55,168.

Read full report on Mathematics & Statistics at Tufts University

#20

Boston College

Chestnut Hill, Massachusetts
Top 15% in overall quality

Boston College came in at #20 in this year’s edition of the Best Value Mathematics & Statistics Schools for a Master’s For Those Making $30-$48k ranking. Boston College is a fairly large school located in Chestnut Hill, Massachusetts that handed out 70 masters’s mathematics and statistics degrees in 2019-2020.

In addition to being on this list, Boston College 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 Boston College are $31,930, but some majors have different tuition rates.

Full Boston College Mathematics & Statistics Report

#21

University of North Carolina at Chapel Hill

Chapel Hill, North Carolina
Top 25% in overall quality

University of North Carolina at Chapel Hill landed the #21 spot on the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $30-$48k ranking. UNC Chapel Hill is a large public school situated in Chapel Hill, North Carolina. It awarded 22 masters’s mathematics and statistics degrees in 2019-2020.

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

Full UNC Chapel Hill Mathematics & Statistics Report

#22

University of Michigan - Ann Arbor

Ann Arbor, Michigan
#24 in overall quality

University of Michigan - Ann Arbor did quite well in the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $30-$48k ranking, coming in at #22. U-M 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.

U-M did well in our major quality rankings, too. It placed #24 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 Michigan - Ann Arbor are $49,548.

Read more about Mathematics & Statistics at University of Michigan - Ann Arbor

#23

University of Florida

Gainesville, Florida

University of Florida came in at #23 in this year’s edition of the Best Value Mathematics & Statistics Schools for a Master’s For Those Making $30-$48k ranking. UF is located in Gainesville, Florida and, has a large student population. In 2019-2020, this school awarded 15 masters’s mathematics and statistics degrees to qualified students.

Average graduate tuition and fees at University of Florida are $30,130, but you may pay more or less depending on your major.

Read more about Mathematics & Statistics at University of Florida

#24

Northeastern University

Boston, Massachusetts

With a ranking of #24, Northeastern University did quite well on the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $30-$48k list. Located in Boston, Massachusetts, this large private not-for-profit school awarded 20 diplomas to qualified masters’s mathematics and statistics students in 2019-2020.

Average graduate tuition and fees at Northeastern are $25,558, but some majors have different tuition rates.

Read full report on Mathematics & Statistics at Northeastern University

#25

The University of West Florida

Pensacola, Florida

With a ranking of #25, The University of West Florida did quite well on the 2022 Best Value Mathematics & Statistics Schools for a Master’s For Those Making $30-$48k list. Located in Pensacola, Florida, this fairly large public school handed out 76 degrees to qualified masters’s mathematics and statistics students in 2019-2020.

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

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

Rest of the Best 42 in Best Value Mathematics & Statistics Schools for a Master’s For Those Making $30-$48k

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

#26

Hunter College

New York, New York
#29

Purdue University - Main Campus

West Lafayette, Indiana
#30

University of Virginia - Main Campus

Charlottesville, Virginia
#31

University of California - Berkeley

Berkeley, California
#34

The City College of New York

New York, New York
#35

Georgetown University

Washington, District of Columbia
#37

Emory University

Atlanta, Georgia
#38

University of California - Los Angeles

Los Angeles, California
#39

Indiana University - Bloomington

Bloomington, Indiana
#42

Carnegie Mellon University

Pittsburgh, Pennsylvania

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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