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Best Value Mathematics & Statistics Master's Degree Schools in the Great Lakes Region

2023 Best Value Mathematics & Statistics Master's Degree Schools in the Great Lakes Region

Identifying Quality Schools at More Affordable Prices

36 Colleges
$21,915 Avg Tuition & Fees*
$75,327 Avg Salary

Finding the Best Mathematics & Statistics Master's Degree School for You

Out of all the majors we analyze each year, mathematics and statistics was ranked #18 in the country. In fact 52,396 degrees and certificates were handed out in 2020-2021.

When it comes to higher education, there are a lot of options for students. As online education oppotunities continue to grow, you're not restricted to just schools in your local area anymore. Even some of the 'big name' schools are offering online courses. Also, there are a number of trade schools with offerings that you might find attractive.

To help you arm yourself with the information you need to make your decision, Course Advisor has developed this Best Value Mathematics & Statistics Master's Degree Schools in the Great Lakes Region ranking. Our analysis looked at 36 schools in the Great Lakes Region to see which master's degree programs offered the best value experiences for mathematics and statistics students with the aim of identifying those quality schools that are more affordable than some of their counterparts.

This ranking is not just a list of inexpensive schools. We also consider each school's quality, since we believe a low-quality school may not be a 'bargain' at any price. More specifically, we discount our quality score by the published tuition and fees charged by a school. This gives the cost per unit of quality for each college. The value is determined by how much quality your dollar buys.

For nationwide and regional rankings, we use out-of-state tuition and fees in our calculations. Average in-state tuition and fees are used for our statewide rankings.

Top 10 Best Mathematics & Statistics Master's Degree Schools

Our analysis found Illinois State University to be the best value school for mathematics and statistics students who want to pursue a master’s degree in the Great Lakes Region . Illinois State is a very large public school located in the midsize suburb of Normal.

The average tuition and fees for an out-of-state graduate students at Illinois State are $11,773 a year.

On top of its placing in our value ranking, Illinois State also did well on our Best Mathematics & Statistics Master’s Degree Schools in the Great Lakes Region list. It’s in the top 20% of all schools reviewed in this analysis.

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You’ll be in good company if you decide to attend Southern Illinois University Edwardsville. It ranked #2 on our 2023 Best Value Mathematics & Statistics Master’s Degree Schools in the Great Lakes Region list. SIUE is a large public school located in the large suburb of Edwardsville.

Out-of-state tuition fees for graduate students at SIUE are $9,316 per year.

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The excellent master’s degree programs at Michigan Technological University helped the school earn the #3 place on this year’s ranking of the best value mathematics and statistics schools in the Great Lakes Region . Michigan Tech is a moderately-sized public school located in the town of Houghton.

Out-of-state tuition fees for graduate students at Michigan Tech are $22,981 per year.

In addition to its great value ranking, Michigan Tech is in the top 10% of all schools on our Best Mathematics & Statistics Master’s Degree Schools in the Great Lakes Region list.

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You’ll join some of the best and brightest minds around you if you attend Northern Illinois University. The school came in at #4 on this year’s Best Value Mathematics & Statistics Master’s Degree Schools in the Great Lakes Region list. NIU is a fairly large public school located in the small suburb of Dekalb.

Out-of-state tuition fees for graduate students at NIU are $11,390 per year.

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You’ll join some of the best and brightest minds around you if you attend Western Illinois University. The school came in at #5 on this year’s Best Value Mathematics & Statistics Master’s Degree Schools in the Great Lakes Region list. Located in the remote town of Macomb, WIU is a public college with a medium-sized student population.

The average tuition and fees for an out-of-state graduate students at WIU are $12,182 a year.

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Purdue University Northwest did quite well in this year’s ranking of the best places for mathematics and statistics students to get a master’s degree. It came in at #6 on the list. Located in the large suburb of Hammond, Purdue Northwest is a public school with a moderately-sized student population.

Out-of-state tuition fees for graduate students at Purdue Northwest are $11,356 per year.

Full Mathematics & Statistics at Purdue University Northwest Report

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With a ranking of #7, Bowling Green State University - Main Campus did quite well on this year’s best value schools for mathematics and statistics students working on their master’s degree. BGSU is a fairly large public school located in the town of Bowling Green.

The average tuition and fees for an out-of-state graduate students at BGSU are $15,823 a year.

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With a ranking of #8, University of Wisconsin - Stout did quite well on this year’s best value schools for mathematics and statistics students working on their master’s degree. UW - Stout is a moderately-sized public school located in the distant town of Menomonie.

UW - Stout graduate students pay an average of $17,213 in tuition and fees each year.

On top of its placing in our value ranking, UW - Stout also did well on our Best Mathematics & Statistics Master’s Degree Schools in the Great Lakes Region list. It’s in the top 20% of all schools reviewed in this analysis.

Full Mathematics & Statistics at University of Wisconsin - Stout Report

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University of Wisconsin - Madison landed the #9 spot in the 2023 rankings for the best value master’s degree mathematics and statistics programs. Located in the city of Madison, UW - Madison is a public college with a very large student population.

UW - Madison graduate students pay an average of $25,501 in tuition and fees each year.

UW - Madison also claimed a spot on our Best Mathematics & Statistics Master’s Degree Schools in the Great Lakes Region list. It’s in the top 5% of all schools in this category.

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With a ranking of #10, University of Wisconsin - La Crosse did quite well on this year’s best value schools for mathematics and statistics students working on their master’s degree. UW - La Crosse is a fairly large public school located in the city of La Crosse.

UW - La Crosse graduate students pay an average of $20,073 in tuition and fees each year.

On top of its placing in our value ranking, UW - La Crosse also did well on our Best Mathematics & Statistics Master’s Degree Schools in the Great Lakes Region list. It’s in the top 10% of all schools reviewed in this analysis.

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Best Mathematics & Statistics Colleges by State

Explore the best mathematics and statistics schools for a specific state in the Great Lakes region.

State Degrees Awarded
Indiana 1,363
Michigan 1,331
Ohio 1,410
Illinois 2,675
Wisconsin 982

Mathematics & Statistics Majors to Study

Major Annual Graduates
Mathematics 30,202
Applied Mathematics 11,107
Statistics 9,979
Other Statistics 644
Applied Statistics 464

Majors Similar to Mathematics & Statistics

Related Major Annual Graduates
Computer & Information Sciences 254,454
Engineering 198,468
Biological & Biomedical Sciences 177,778
Engineering Technologies 85,188
Physical Sciences 50,306

Notes and References

*These averages are for the top 25 schools only.

  • 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 the rest 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).
  • Credit for the banner image above goes to brewbooks.

More about our data sources and methodologies.

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