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Best Value Statistics Master's Degree Schools in Illinois

2023 Best Value Statistics Master's Degree Schools in Illinois

Identifying Quality Schools at More Affordable Prices

7 Colleges
$28,438 Avg Tuition & Fees*
$86,807 Avg Salary

Finding the Best Statistics Master's Degree School for You

Statistics is the #39 most popular major in Illinois with 959 degrees and certificates awarded in 2020-2021.

There are lots of options to pick from today when trying to decide which program is right for you. 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 Statistics Master's Degree Schools in Illinois ranking. This report analyzed 7 schools in Illinois to see which ones offered the best value master's degree programs for stats students. The goal was to highlight schools with more affordable prices than others offering similar quality experiences.

When determining this ranking, we place a high emphasis on the school's quality as well as its sticker price. Even though a college may be affordable, it may not offer value. 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.

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

Best Illinois Schools for Affordable Quality for a Master's in Statistics

Our analysis found Northern Illinois University to be the best value school for statistics students who want to pursue a master’s degree in Illinois. NIU is a large public school located in the small suburb of Dekalb.

NIU graduate students pay an average of $11,390 in in-state tuition and fees each year.

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Out of the 7 schools in Illinois that were part of this year’s ranking, Western Illinois University landed the # 2 spot on the 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 in-state graduate student at WIU are $12,182 a year.

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The excellent master’s degree programs at University of Illinois at Urbana-Champaign helped the school earn the #3 place on this year’s ranking of the best value statistics schools in Illinois. Located in the small city of Champaign, UIUC is a public school with a very large student population.

The average tuition and fees for an in-state graduate student at UIUC are $17,823 a year.

UIUC also took the #3 spot in our Best Statistics Master’s Degree Schools in Illinois rankings.

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#4

University of Chicago

Chicago, IL

You’ll be in good company if you decide to attend University of Chicago. It ranked #4 on our 2023 Best Value Statistics Master’s Degree Schools in Illinois list. UChicago is a large private not-for-profit school located in the city of Chicago.

UChicago graduate students pay an average of $63,936 in in-state tuition and fees each year.

UChicago also took the #2 spot in our Best Statistics Master’s Degree Schools in Illinois rankings.

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Out of the 7 schools in Illinois that were part of this year’s ranking, University of Illinois at Chicago landed the # 5 spot on the list. UIC is a very large public school located in the city of Chicago.

The average tuition and fees for an in-state graduate student at UIC are $17,277 a year.

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With a ranking of #6, Loyola University Chicago did quite well on this year’s best value schools for statistics students working on their master’s degree. Located in the city of Chicago, Loyola Chicago is a private not-for-profit college with a fairly large student population.

Loyola Chicago graduate students pay an average of $19,894 in in-state tuition and fees each year.

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#7

Northwestern University

Evanston, IL

Northwestern University landed the #7 spot in the 2023 rankings for the best value master’s degree statistics programs. Located in the city of Evanston, Northwestern is a private not-for-profit school with a very large student population.

The average tuition and fees for an in-state graduate student at Northwestern are $56,567 a year.

In addition to its best value ranking, and one of the reasons why the school is on the list, Northwestern is ranked #1 for overall quality for stats in Illinois.

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Best Value Statistics Colleges in the Great Lakes Region

Explore all the Best Value Statistics Colleges in the Great Lakes Area or other specific states within that region.

State Degrees Awarded
Michigan 373
Ohio 212
Indiana 354
Wisconsin 232

One of 4 majors within the area of study, statistics has other similar majors worth exploring.

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

Notes and References

*These averages are for the top 7 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 QWFP.

More about our data sources and methodologies.

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