Enrolling at the best affordable mathematics and statistics degree programs greatly lowers the probability that students will have infinite loan debt at graduation. Cheap mathematics and statistics degree programs offer quality learning at a fraction of the price to ensure tuition fits any budget. High-value mathematics and statistics degrees are the perfect solution to exponential tuition hikes in recent years. Without financial stress, mathematics and statistics majors can focus on mastering complex equations that illuminate data trends. Studying mathematics and statistics gives bachelor’s graduates the logical critical thinking skills many employers seek. The U.S. News & World Report recognized statisticians for having the second best STEM job with low 0.9 percent unemployment. For 2019, the 2,580 mathematicians nationwide hold America’s 17th best career. Getting a cost-effective mathematics and statistics degree will provide a big ROI while applying the ancient theories of Archimedes and Pythagoras in the 21st century.
Our Methodology
Therefore, Affordable Schools ran the numbers to find the most affordable university for mathematics and statistics degree majors seeking the formula to success. We started our research with the National Center for Education Statistics(NCES) College Navigator database. Our analysts input advanced search criteria to locate B.A./B.S. degrees in mathematics and statistics fields. We soon formed an initial pool of 25 inexpensive mathematics and statistics schools. Next, we surveyed the attendance costs to narrow the four-year U.S. institutions down. Our staff used the estimated average in-state tuition figures to keep the 15 least expensive. Though not a factor, out-of-state enrollment expenses were included for reference. The highest preference was given for colleges charging full-time state residents under $7,500. We graded each university with one to three points based on the following affordability rubric.
Points:
Under $7,500: 3 Points
$7,500 to $15,000: 2 Points
$15,001 and Up: 1 Point
The AS Staff believes affordable colleges for mathematics and statistics degree programs shouldn’t sacrifice on quality or rigor. Given that, we guaranteed that each school had regional accreditation listed on the Office of Postsecondary Education database. Meeting accreditation standards is crucial for mathematics and statistics courses to transfer, count for graduate school, and qualify for financial aid. Finally, we conducted our own numerical analysis on university data like student-faculty ratio from NCES. This proportion tells us how many learners each professor is responsible for on average. Lower student-faculty ratios of 10:1 or less demonstrate the most student engagement. Learners spend more time at the whiteboard doing challenging practice problems than watching. Colleges with small classes have more research, internship, and mentorship opportunities. Our team used the three-point rubric below and added up point totals to arrange the most economical mathematics and statistics degree options.
Points:
10:1 or Less: 3 Points
11:1 to 15:1: 2 Points
Greater Than 15:1: 1 Point
Ranking the 15 Best Affordable Mathematics and Statistics Degree
15. Castleton University
Castleton, VT
Total Points: 4
Program Website
Starting the STEAM Academy in Fall 2019, Castleton University is a public, four-year Little East constituent that’s endowed for $7.86 million with 134 faculty teaching 2,191 Spartans from 36 nations at its 165-acre Rutland campus near Lake Bomoseen. In 2016, Castleton received the Vermont State Colleges System’s Spirit of the ADA Award. Castleton University accepted a 2018 National Science Foundation SEE Innovation Grant. The U.S. News & World Report ranked Castleton University 30th in the North. Castleton was crowned America’s 474th most diverse school on Niche, 128th top statistics program by College Factual, and 220th best liberal arts college in Washington Monthly.
Castleton University is our list’s 15th most affordable college for mathematics and statistics degree tracks with a $12,314 in-state price. At Stafford Academic Center, the Department of Mathematics presents a top-value B.S. for undergrads to interpret abstract and concrete data patterns. Chaired by Dr. Susan Generazzo, the 122-credit, NEASC-accredited inexpensive degree program has three optional specializations: Statistics, Elementary Math Education, or Secondary Math Education. Spartans could also join the Society of Industrial & Applied Mathematics, intern in Burlington School District, tutor at the Math Clinic, exchange to John Cabot University, volunteer with Habitat for Humanity, and earn the Maple Award.
Degree Options:
Bachelor of Science in Mathematics
In-State Tuition: $12,314
Out-of-State Tuition: $28,322
Student-Faculty Ratio: 15:1
14. Southwest Minnesota State University
Marshall, MN
Total Points: 4
Program Website
Affiliated with NASA’s Minnesota Space Grant Consortium since 1999, Southwest Minnesota State University is a public, coed MNSCU member that budgets $57 million annually to educate 6,910 Mustangs from 27 countries with 59 percent retention on its 216-acre Marshall campus off Highway 59. In 2019, Southwest Minnesota was a NCAA Division II Award of Excellence finalist. Southwest Minnesota State received the 2018 CASE Pride of District V Award. The U.S. News & World Report ranked SMSU within the top 165 Midwest universities. SMSU was selected America’s 435th best value in Money, 304th safest community on Niche, and 652nd top institution by Washington Monthly.
Southwest Minnesota State University claimed the 14th spot among affordable colleges for mathematics and statistics degree programs with a $8,612 cost anywhere. The College of Arts, Letters & Science admits freshmen with minimum 990 SAT scores into the cheap Mathematics B.A., Mathematics Education B.S., or Applied Computational Mathematics B.S. Headed by Dr. Dan Kaiser, the 120-credit, HLC-accredited plans low-cost degree program share core courses from Linear Algebra to Differential Equations. Undergrads may also join STEM Club, utilize Geometer’s Sketchpad software, secure 12-week internships like Securian Financial, receive the Abacus Fund Scholarship, and explore Sweden.
Degree Options:
Bachelor of Arts in Mathematics
Bachelor of Science in Applied Computational Mathematics
Bachelor of Science in Mathematics Education
In-State Tuition: $8,612
Out-of-State Tuition: $8,612
Student-Faculty Ratio: 14:1
13. Chadron State College
Chadron, NE
Total Points: 4
Program Website
Gifted $500,000 by the Sunderland Foundation for its Math Science Initiative, Chadron State College is a public, four-year Panhandle RMC member founded in 1911 that enrolls 1,920 undergrad Eagles from 41 states in 52 inexpensive majors online or at the 281-acre Great Plains campus. In 2019, CSC had a Nebraska State Colleges System Teaching Excellence Award winner. Chadron State accepted a 2018 AIA Nebraska Honor Award for Eagle Ridge. Military Times Edge ranked Chadron 17th nationally among business schools. CSC was named America’s fifth best distance institution by Guide to Online Schools, 276th safest campus on Niche, and 263rd top value on College Factual.
Chadron State College landed 13th with an affordable online mathematics and statistics degree costing $7,414 or less each year. The School of Business, Mathematics & Science grants a top-value B.S. in Mathematics face-to-face or on Smart Board for flexible problem-solving practice. Overseen by Dr. Robert Stack, a 2004 NCTM Excellence Award recipient, the 120-credit, HLC-accredited cheap degree path accelerates through eight-week courses like College Geometry and Operations Research. Students might also declare the Applied Statistics Minor, add the Secondary Education (6-12) Endorsement, pledge Kappa Mu Epsilon, join United Club, travel to Havana, and intern at Northrop Grumman.
Degree Options:
Bachelor of Science in Mathematics
In-State Tuition: $7,384
Out-of-State Tuition: $7,414
Student-Faculty Ratio: 18:1
12. Alcorn State University
Lorman, MS
Total Points: 4
Program Website
Logging over 12,000 annual visits at the Math Center in J.D. Boyd Library, Alcorn State University is a public, land-grant SWAC member founded in 1871 for freed slaves that budgets $46.74 million to inspire 2,500 full-time and 348 part-time Braves at three Delta locations. In 2019, ASU earned a National Science Foundation Grant for its Teach STEM Project. Alcorn had the 2018 Third Place Mathematics Award winner at the Mississippi Academy of Sciences. The U.S. News & World Report ranked Alcorn State University 89th in the South. ASU was called America’s 264th best faculty on Niche, seventh best HBCU by College Consensus, and 234th top value in The Economist.
Alcorn State University climbed to 12th place among affordable colleges for mathematics and statistics degree programs billing everyone $7,084. The School of Arts & Sciences has a 79 percent acceptance rate into its cheap Mathematics BS or Math Education BS for Mississippi 7-12 teacher certification. Coordinated by Dr. Ping Zhang, these 120-credit, SACS-accredited opportunities teach important models from Cramer’s Method to the Cayley Hamilton Theorem. Learners can also semester in Morocco, conduct Alcorn Experiment Station research, join the Student National Education Association, attend the STEM Camp, become Provost Scholars, and intern at Akuna Capital.
Degree Options:
Bachelor of Science in Mathematics
Bachelor of Science in Math Education
In-State Tuition: $7,084
Out-of-State Tuition: $7,084
Student-Faculty Ratio: 18:1
11. University of Houston-Downtown
Houston, TX
Total Points: 4
Program Website
Presenting the $6,000 Esprit de Corps STEM Teacher Fellowship each Fall, the University of Houston-Downtown is a public, four-year UH System branch founded in 1974 that’s endowed for $34.7 million to educate 14,265 Gators and connect 47,721 alumni of 52 low-cost “Space City” majors. In 2016, UHD got the Bobby G. Bizzell Innovative Achievement Award. Houston had the 2019 MAA Texas Distinguished University Teaching of Mathematics Award recipient. The U.S. News & World Report ranked UH-Downtown among the top 127 Midwest schools. UHD was deemed America’s 419th best location on Niche, 269th top value by WalletHub, and 290th most diverse school on College Factual.
The University of Houston-Downtown is our ranking’s 11th most affordable college for mathematics and statistics degree majors charged $6,500 yearly. The College of Sciences & Technology has 66 percent retention for number lovers seeking a cheap B.A. in Mathematics, B.S. in Mathematics, or B.S. in Applied Statistics. Directed by Dr. Ryan Pepper, these 120-credit, SACS-accredited inexpensive degree programs share core courses like Pre-Calculus with an optional Secondary Mathematics Teacher track. Undergrads could also become C4MS2 Peer Tutors, intern in the Mayor’s Office of Economic Development, join Kappa Delta Chi, pass the Math Bypass Exam, and take the UHD in Poland trip.
Degree Options:
Bachelor of Arts in Mathematics
Bachelor of Science in Mathematics
Bachelor of Science in Applied Statistics
In-State Tuition: $6,500
Out-of-State Tuition: $16,460
Student-Faculty Ratio: 19:1
10. Eastern New Mexico University
Portales, NM
Total Points: 4
Program Website
Home to the Dr. Antonio Gennaro Natural History Museum, Eastern New Mexico University is the Land of Enhancement’s largest public, four-year Division II school that’s endowed for $12 million to enroll 6,015 Greyhounds from 29 countries in more than 60 inexpensive majors with 97 percent satisfaction. Since 2011, ENMU has received the Department of Education’s Hispanic-Serving Institution STEM Grant. Eastern New Mexico earned a 2017 LSC Academic Excellence Award. The U.S. News & World Report ranked Eastern New Mexico in the top 127 Western colleges. ENMU was named America’s 443rd best faculty on Niche and 179th best applied mathematics curriculum by College Factual.
Eastern New Mexico University came in 10th for affordable distance education mathematics and statistics degree choices that cost $6,326 in-state. The College of Liberal Arts & Sciences offers the cheap B.S. in Mathematics, B.S. in Secondary Math Education, or B.S. in Industrial Mathematics and Statistics for enhanced arithmetical skills. Managed by Dr. Regina Aragon, the 120-credit, HLC-accredited low-cost degrees have hybrid or fully online courses like Trigonometry and Probability on Blackboard. Other opportunities include presenting at the Research & Creativity Conference, joining the Alpha Sigma Lambda Omicron Alpha Chapter, attending Dawg Days, and entering the LEAD Program.
Degree Options:
Bachelor of Science in Mathematics
Bachelor of Science in Secondary Math Education
Bachelor of Science in Industrial Mathematics and Statistics
In-State Tuition: $6,326
Out-of-State Tuition: $8,247
Student-Faculty Ratio: 17:1
9. University of Texas of the Permian Basin
Odessa, TX
Total Points: 4
Program Website
Participating in the Texas Differential Equations Conference each March, the University of Texas of the Permian Basin is a public, coed Hispanic-serving institution that’s seen enrollment jump 15 percent since 2016 to train 4,478 undergrad Falcons on its 644-acre campus with Parker Ranch House. In 2015, UTPB earned the Silver Safety through Exemplary Performance Award. Permian Basin accepted a 2018 National Science Foundation STEM Grant. The U.S. News & World Report ranked UT-Permian Basin 173rd for online education. UTPB was classified America’s 242nd best dining experience on Niche, 149th best value by College Factual, and 87th safest campus on WalletHub.
The University of Texas of the Permian Basin is our list’s ninth best accredited college for mathematics and statistics degree programs with $6,260 in-state tuition. The College of Arts & Science awards a cheap B.S. in Mathematics for undergrads to better understand the relations between numbers. Administered by Dr. Paul Feit, the 120-credit, SACS-accredited low-cost degree path offers accelerated seven-week or traditional 15-week semesters for courses from Algebraic Structures to Intermediate Analysis. Majors might also take the TExES Exam, join the West Texas Math Consortium, volunteer with Math Counts, continue for the Master of Arts, and add the Energy Business Certificate.
Degree Options:
Bachelor of Science in Mathematics
In-State Tuition: $6,260
Out-of-State Tuition: $7,100
Student-Faculty Ratio: 20:1
8. Brigham Young University
Provo, UT
Total Points: 4
Program Website
Victorious at the 2011 William Lowell Putnam Mathematical Competition, Brigham Young University is a nonprofit, space-grant LDS Church member that’s endowed for $1.57 billion to support 1,750 faculty inspiring 33,633 Cougars from 105 countries on its 295-building Wasatch Range campus. In 2016, BYU had the Mathematical Association of America’s Haimo Award recipient. Brigham Young claimed the 2014 AMTE Excellence in Teaching Mathematics Award. The U.S. News & World Report ranked Brigham Young University 86th for math. BYU was proclaimed America’s third best Christian school on Niche, top value in Forbes, and 13th best-run college by The Princeton Review.
Brigham Young University is Affordable Schools’ eighth best accredited university for mathematics and statistics degree options costing just $5,620. Founded in 1972, the College of Physical & Mathematical Sciences delivers a low-lcost Mathematics BS, Mathematics Education BS, and Statistics BS in Provo to nurture logical reasoning skills. Chaired by Dr. Michael John Dorff, the 120-credit, NWCCU-accredited cheap degree programs require minimum 3.0 GPAs in three emphases: Applied & Computational Math, Applied Statistics & Analytics, or Biostatistics. Students may also undertake Matrix Theory Lab projects, read the Monday Math Memo, join Women in Math, and complete Peru or Chile missions.
Degree Options:
Bachelor of Science in Mathematics
Bachelor of Science in Mathematics Education
Bachelor of Science in Statistics
In-State Tuition: $5,620
Out-of-State Tuition: $5,620
Student-Faculty Ratio: 20:1
7. Western Carolina University
Cullowhee, NC
Total Points: 4
Program Website
Hosting its 48th Annual Mathematics Contest at Ramsey Center in 2019, Western Carolina University is a public, coed Southern Conference member that’s endowed for $66 million to enroll 11,500 Catamounts in 115 majors with low NC Promise tuition at its 589-acre Appalachia campus. In 2019, WCU had a Mathematical Association of America Distinguished Service Award winner. Western Carolina received a 2018 APR Public Recognition Award. The U.S. News & World Report ranked Western Carolina University 151st for math education. WCU was designated America’s 280th most conservative college on Niche, 176th best value on WalletHub, and 58th top choice by the Social Mobility Index.
Western Carolina University stands seventh among affordable colleges for mathematics and statistics degree tracks with a $3,926 in-state price and 17:1 engagement. At Stillwell Hall, the College of Arts & Sciences grants one of the cheapest B.S. in Mathematics and B.S.Ed. in Mathematics Education for undergrads intrigued by quantitative calculations. Chaired by Dr. Jeff Lawson, the 120-credit, SACS-accredited curricula split into four concentrations: Data Science, Actuarial Science, Applied Math, or Traditional Math. Catamounts can also access the Linux Lab, intern in Jackson County School District, join the NCTM Student Affiliate, analyze Cullowhee Creek Field Station research, and tour China.
Degree Options:
Bachelor of Science in Mathematics
Bachelor of Science in Education – Mathematics Education
In-State Tuition: $3,926
Out-of-State Tuition: $7,926
Student-Faculty Ratio: 17:1
6. Delta State University
Cleveland, MS
Total Points: 5
Program Website
Belonging to the Math Teachers’ Circle Network since Spring 2013, Delta State University is a public, four-year Gulf South member founded by Senate Bill 236 that’s endowed for $28 million to engage 3,784 Statesmen from 52 countries in 42 fields at its 332-acre Sunflower Road campus. In 2018, DSU won the WileyPlus Nexty Award for Best Overall Course. Delta State had a 2019 NCAA Division II Elite 90 Award recipient. The U.S. News & World Report ranked Delta State University within the top 141 Southern institutions. DSU was declared America’s 431st best faculty on Niche, 278th top value by College Factual, and 333rd best college in Washington Monthly.
Delta State University is Affordable Schools’ sixth best-value mathematics and statistics degree provider with $7,246 annual tuition regardless of residency. The Division of Mathematics & Sciences led by Dr. Ellen Green provides an inexpensive BS in Mathematics or BSE in Mathematics for licensed content teaching in grades 7-12. At Walters Hall, both 120-credit, SACS-accredited Cleveland options necessitate courses like Intermediate Statistics and Quantitative Reasoning. Undergrads may also declare the Pre-Engineering Track, earn the William D. Conner Scholarship, pledge Kappa Mu Epsilon, join the MAA Chapter, network with Statesmen Connect, and exchange to Katholieke Universiteit Leuven.
Degree Options:
Bachelor of Science in Mathematics
Bachelor of Science in Education – Mathematics
In-State Tuition: $7,246
Out-of-State Tuition: $7,246
Student-Faculty Ratio: 13:1
5. Minot State University
Minot, ND
Total Points: 5
Program Website
Welcoming 208 teams from 50 Midwest schools to its Annual Math Track Meet, Minot State University is North Dakota’s third-largest public, coed NSIC member founded in 1913 and endowed for $17.8 million to serve 2,279 undergrad Beavers from 31 nations at its 26-building Ward County campus. In 2018, MiSU accepted a North Dakota Center for Persons with Disabilities Access Award. Minot State won the 2000 NDASFAA President’s Award. The U.S. News & World Report ranked Minot 248th for online undergrad education. MiSU was picked America’s 178th top teaching college on Niche, 167th best value by College Factual, and 548th best university in Washington Monthly.
Minot State University landed fifth on our list’s most affordable colleges for inexpensive mathematics and statistics degree programs priced $7,064 annually. Near the Saskatchewan border, the Math & Computer Science Department awards a cheap Mathematics B.A. or Mathematics B.S.E. in Model Hall for hands-on experience analyzing numerical data. Redesigned in Fall 2016, the 120-credit, HLC-accredited paths advised by Dr. Cheryl Nilsen offer custom electives from Abstract Algebra to Mathematical Programming. Undergrads may also attend Math Talks, receive the Gordon R. Olson Math Scholarship, add the Applied Statistics Minor, summer in Salamanca, and compete with DECA Team.
Degree Options:
Bachelor of Arts in Mathematics
Bachelor of Science in Education with Mathematics Major
In-State Tuition: $7,064
Out-of-State Tuition: $7,064
Student-Faculty Ratio: 12:1
4. Mississippi University for Women
Columbus, MS
Total Points: 5
Program Website
Linked to the Mississippi School for Mathematics & Science since 1987, Mississippi University for Women is the United States’ public, space-grant women’s AASCU member that budgets $39.29 million to educate 3,465 Owls on its 114-acre Golden Triangle campus in Columbus. In 2016, MUW received the National Science Foundation Women in Computing Grant. The W earned its fifth President’s Higher Education Community Service Honor Roll Award in 2018. The U.S. News & World Report ranked Mississippi University for Women 19th within the South. MUW was applauded for America’s 53rd best bang for the buck in Washington Monthly and 208th best dining food on Niche.
Mississippi University for Women is our ranking’s fourth most affordable college for cheap mathematics and statistics degree majors who pay only $6,940. At Parkinson Hall, the College of Arts, Sciences & Education provides a low-cost B.A./B.S. in Mathematics with optional 7-12 teacher certification for supreme quantifying skills. Directed by Dr. Bonnie Oppenheimer, the 124-credit, SACS-accredited plan requires the Comprehensive Exit Exam after 300-level major courses like General Topology or Linear Algebra. Owls could also conduct Reneau Mathematics Lab projects, utilize Hawkes Learning Systems software, celebrate Sonia Kovalevsky Mathematics Day, and join Kappa Mu Epsilon.
Degree Options:
Bachelor of Arts in Mathematics
Bachelor of Science in Mathematics
In-State Tuition: $6,940
Out-of-State Tuition: $6,940
Student-Faculty Ratio: 14:1
3. Mayville State University
Mayville, ND
Total Points: 5
Program Website
Known for its Education & Innovation Center’s STEM Carnival, Mayville State University is a public, state-funded NSAA member created in 1889 by the North Dakota Constitution that’s invested $21 million in its 301-acre Traill County campus to better serve 1,184 Comets across 77 best-value majors. In 2015, Mayville State accepted two North Dakota ACEC Excellence Awards. MSU won Online Course Report’s 2017 Best College for Servicemembers Award. The U.S. News & World Report ranked Mayville the fourth top public Midwest college. MSU was chosen America’s 594th hardest school on Niche, 48th best teacher educator by College Factual, and 138th top ROTC college in Washington Monthly.
Mayville State University earned third place for its affordable distance education mathematics and statistics degree that costs everyone $9,399 or less. Online on Blackboard Collaborate and at Building 108B, the Mathematics Department confers a best-value B.S. or B.S.E. for Comets drawn to numerical analysis. Managed by Dr. Joseph Mehus, the 128-credit, HLC-accredited hybrid programs mandate 2.75 GPAs throughout courses from Trigonometry to Statistical Probability. Students might also join the Education Association, engage with Campus Crusade, declare the Pre-Medicine Minor, attend the STEM Boot Camp, score the Kenneth Eastman Scholarship, and intern with NASA.
Degree Options:
Bachelor of Science in Mathematics
Bachelor of Science in Education – Mathematics Education
In-State Tuition: $6,666
Out-of-State Tuition: $9,399
Student-Faculty Ratio: 14:1
2. Central State University
Wilberforce, OH
Total Points: 5
Program Website
Esteemed for its Minority Analyst Project with Clarkson Aerospace, Central State University is a public, land-grant SIAC member founded by AME Church Bishop Daniel Payne in 1887 that budgets $63.8 million to educate 2,119 Marauders online and in the Dayton Metro. In 2017, Central State had five SOCHE Faculty Excellence Award finalists. Until 1993, the first African-American female PhD in Mathematics graduate, Thyrsa Frazier Svager, taught at CSU. The U.S. News & World Report ranked Central among the top 79 Midwest choices. CSU was called America’s 251st best party school on Niche, 278th most focused math university by College Factual, and 24th best for vets in GI Jobs.
Central State University snagged the second spot among affordable colleges for top-va;ue mathematics and statistics degree tracks with a $6,346 in-state total. At Henderson Hall, the College of Engineering, Science & Technology delivers a cheap BS in Mathematics or BS in Mathematics Education to teach proven computational techniques. Headed by Dr. Deng Cao, the inexpensive, 124-credit, HLC-accredited curricula cover wide-ranging topics from Calculus to Functions of a Complex Variable. Majors may also join Possibilities of Success, intern at American Financial Group, participate in Upward Bound, research in the Center of Excellence in STEM, transfer from Sinclair Community College, and explore Nicosia.
Degree Options:
Bachelor of Science in Mathematics
Bachelor of Science in Mathematics Education
In-State Tuition: $6,346
Out-of-State Tuition: $8,346
Student-Faculty Ratio: 13:1
1. Elizabeth City State University
Elizabeth City, NC
Total Points: 5
Program Website
Given top honors at the 2018 North Carolina State Mathematics & Science Competition, Elizabeth City State University is a public, coed UNC System constituent that educates 1,443 full-time and 245 part-time Vikings with an average 3.23 GPA at its 200-acre Historic Albemarle campus. In 2014, ECSU boasted Diverse Issues in Higher Education’s top place for the most African-American mathematics graduates. Elizabeth City State had a 2019 Board of Governors Teaching Excellence Award winner. The U.S. News & World Report ranked ECSU 71st within the South. ECSU was named America’s best HBCU by Student Loan Hero and 181st most focused math school on College Factual.
Elizabeth City State University finished first among affordable colleges for mathematics and statistics degree programs with a $3,194 in-state rate. The Department of Mathematics & Computer Science confers one of the cheapest B.S. in Mathematics at Lane Hall for practice deriving meaning from number sets. Overseen by Dr. Linda Hayden, the inexpensive, 120-credit, SACS-accredited plan progresses through courses like Programming and Elements of Real Analysis to the Exit Seminar. Vikings might also pursue the 4+1 M.S. in Math Education, join the American Statistical Association, intern at Bank of America, become Noyce Scholars, join DEW Girl Power, and add the Undergraduate Research Experience.
Degree Options:
Bachelor of Science in Mathematics
In-State Tuition: $3,194
Out-of-State Tuition: $7,194
Student-Faculty Ratio: 14:1
Related Resource: What is a Statistician?
Which Careers are Available After High-Value Mathematics and Statistics Degree Programs?
Attending an affordable accredited university for mathematics and statistics degree programs can provide a launching pad into highly diverse STEM jobs. For example, mathematicians perform complex calculations to resolve practical problems in industries from healthcare to energy. Statisticians infer correlations between variables by analyzing research data samples. Operations research analysts utilize mathematical modeling to advise corporations on wise business decisions. Middle and high school math teachers make lesson plans to get young people excited about equations. Actuaries apply statistical theories to determine how risky insurance industry polices are. Financial planners advise clients on how to build profitable wealth portfolios for their money needs. Other careers with a low-cost mathematics and statistics degree include accountant, payroll manager, economist, investment banker, survey researcher, underwriter, purchasing agent, cost estimator, fraud analyst, and data scientist.
Related Resource: What is Biostatistics?
What is the Salary Potential with an Affordable Degree in Mathematics and Statistics?
Choosing a top-value mathematics and statistics degree gives students the best chance at paying off loan debt fast with a STEM occupation that pays handsomely. In May 2018, the Bureau of Labor Statistics reported that math professionals receive a median wage of $86,700 overall. That’s much higher than the average bachelor’s salary of $61,000 on PayScale. Mathematicians reap a mean yearly profit of $104,870. Statisticians are given average compensation of $92,600. Actuaries receive median annual pay of $102,880. Operations research analysts generally make between $46,810 and $136,250. Personal financial advisors are rewarded $121,770 on average. Secondary school math teachers report lower mean earnings of $64,340. Salary.com found senior mathematicians with 10 years or more of experience bring home a median $111,357. Biostatisticians have an average earning potential of $120,303. Chief consulting actuaries boast mean pay of $161,800. Research & development associates make $111,300.
Related Resource: What is Geostatistics?
How is the Hiring Outlook for Low-Cost Mathematics and Statistics Degree Graduates?
Now’s an excellent time to find affordable colleges for mathematics and statistics degree programs because this STEM field is exploding with new opportunities. In fact, Forbes has predicted a $203 billion “Big Data” analytics market for math enthusiasts. The Labor Department expects mathematical occupations will grow much faster than average by 28 percent. Before 2026, there will be 33 percent more jobs for mathematicians and statisticians. Operations research analysts can expect 10-year job growth of 27 percent. Employment of actuaries will increase by 22 percent for 5,300 added positions. Demand for financial planners is rising by 15 percent. Ten percent more accountants and auditors will be hired this decade. Math education jobs have the slowest growth projection of 6 percent. Business Insider found that Massachusetts, Vermont, Minnesota, New Jersey, and North Carolina are the best at math. California, Virginia, and Maryland employ the most mathematicians. Turn your numerical ability into profitable dollar signs by attending the best affordable mathematics and statistics degree programs for students.
Related Resource: What is the Average Salary of a Statistician?
AS Staff
Related Resource: What is Actuarial Science?
This concludes our ranking of the top 15 best affordable mathematics and statistics degree programs (bachelor’s).
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