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

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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 #14 in the country. In fact 15,127 degrees and certificates were handed out in 2020-2021.

When it comes to higher education, there are a lot of options for students. With more and more schools offering online options, you could even register for a great program on the other side of the country. On top of that, there are a considerable number of trade schools that offer fast-track entry to many fields.

The Best Value Mathematics & Statistics Master's Degree Schools in the Great Lakes Region ranking is one of many tools that Grad Degree Search has developed to help you make your educational decision. 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.

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

The colleges and universities below are the best value schools for mathematics and statistics majors pursuing a master's degree.

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.

Out-of-state tuition fees for graduate students at Illinois State are $11,773 per year.

Illinois State excels when it comes to quality. It’s ranked in the top 20% of all schools on our Best Mathematics & Statistics Master’s Degree Schools in the Great Lakes Region list.

Full Mathematics & Statistics at Illinois State University Report

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 suburb of Edwardsville.

The average tuition and fees for an out-of-state graduate students at SIUE are $9,316 a 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 remote town of Houghton.

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

Michigan Tech also claimed a spot on our Best Mathematics & Statistics Master’s Degree Schools in the Great Lakes Region list. It’s in the top 10% of all schools in this category.

Full Mathematics & Statistics at Michigan Technological University Report

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 suburb of Dekalb.

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

Read full report on Mathematics & Statistics at Northern Illinois University

You’ll be in good company if you decide to attend Western Illinois University. It ranked #5 on our 2023 Best Value Mathematics & Statistics Master’s Degree Schools in the Great Lakes Region list. Located in the town of Macomb, WIU is a public college with a moderately-sized student population.

WIU graduate students pay an average of $12,182 in tuition and fees each year.

Full Mathematics & Statistics at Western Illinois University Report

Purdue University Northwest came in at #6 in this year’s edition of the Best Value Mathematics & Statistics Master’s Degree Schools in the Great Lakes Region ranking. Located in the suburb of Hammond, Purdue Northwest is a public college with a medium-sized student population.

The average tuition and fees for an out-of-state graduate students at Purdue Northwest are $11,356 a year.

Full Mathematics & Statistics at Purdue University Northwest Report

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 large public school located in the town of Bowling Green.

Out-of-state tuition fees for graduate students at BGSU are $15,823 per year.

Read full report on Mathematics & Statistics at Bowling Green State University - Main Campus

University of Wisconsin - Stout 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 #8 on the list. UW - Stout is a moderately-sized public school located in the town of Menomonie.

The average tuition and fees for an out-of-state graduate students at UW - Stout are $17,213 a 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.

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University of Wisconsin - Madison ranked #9 on this year’s Best Value Mathematics & Statistics Master’s Degree Schools in the Great Lakes Region list. Located in the large city of Madison, UW - Madison is a public college with a fairly large student population.

Out-of-state tuition fees for graduate students at UW - Madison are $25,501 per year.

UW - Madison excels when it comes to quality. It’s ranked in the top 5% of all schools on our Best Mathematics & Statistics Master’s Degree Schools in the Great Lakes Region list.

Read full report on Mathematics & Statistics at University of Wisconsin - Madison

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 large public school located in the small city of La Crosse.

The average tuition and fees for an out-of-state graduate students at UW - La Crosse are $20,073 a year.

In addition to its great value ranking, UW - La Crosse 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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Best Mathematics & Statistics Colleges by State

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

State Degrees Awarded
Illinois 1,213
Indiana 467
Ohio 446
Wisconsin 182
Michigan 410

Mathematics & Statistics Majors to Study

Major Annual Graduates
Applied Mathematics 6,283
Statistics 4,594
Mathematics 3,764
Applied Statistics 388
Other Statistics 98

Majors Similar to Mathematics & Statistics

Related Major Annual Graduates
Engineering 61,791
Computer & Information Sciences 60,971
Biological & Biomedical Sciences 28,851
Physical Sciences 12,705
Engineering Technologies 7,672

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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