1,578 colleges are offering Mathematics and Statistics program through certificate, undergraduate, and graduate levels. For bachelor's degree, 1,270 schools have the Mathematics and Statistics program and 419 schools are offering the program in graduate levels. In 2023, a total of 50,533 students completed the program and earned a degree or certificate in the area. By degree level, 631 students earned undergraduate certificate, 4,249 students earned associate's, 31,164 students earned bachelor's, and 14,094 students earned master's or doctoral degrees.
- 1 March 2024 (Updated)
Expected Earning after Completing Mathematics and Statistics Program is $58,230
Colleges Offering Mathematics and Statistics and Number of Degree Earners
The 2024 average tuition of schools that have Mathematics and Statistics program is $10,239 for state residents and $32,739 for out-of-state students. For graduate Mathematics and Statistics programs, the average tuition is $11,478 for state residents and $26,053 for out-of-state students.
The following table summarizes the Mathematics and Statistics schools by offered degree and number of completers.
| Degree Level | Schools Offered | Completers | ||
|---|---|---|---|---|
| Total | Men | Women | ||
| Associate | 303 | 4,249 | 2,879 | 1,370 |
| Bachelor | 1,270 | 31,164 | 18,662 | 12,502 |
| Master | 419 | 11,872 | 7,170 | 4,702 |
| Doctoral | ||||
| Doctoral (Research) | 193 | 2,222 | 1,578 | 644 |
| Undergraduate Certificate | ||||
| 2-Years Certificate | 16 | 21 | 13 | 8 |
| 2-4 Years Certificate | 3 | 1 | 1 | 0 |
| Certificates of less than 12 weeks | 2 | 0 | 0 | 0 |
| Certificates of at least 12 weeks but less than 1 year | 38 | 609 | 404 | 205 |
| Graduate Certificate | ||||
| Post-Bachelor Certificate | 111 | 395 | 204 | 191 |
| Post-Master Certificate | 20 | 45 | 25 | 20 |
Data Source: IPEDS, U.S. Department of Education
Average Salary by Program in Mathematics and Statistics Study
The average salary after completing bachelor's Mathematics and Statistics is $58,230. The salary is based on the median annual earnings of students three years after graduation. The earning with Mathematics and Statistics Master's degree is $89,088.
The average loan debt of the completers in Mathematics and Statistics programs is $20,438
and the estimated monthly loan payment is $204. The debt amount is based only on federal loan debt originated at the school awarding the credential, if it were repaid over 10 years at a 3.73% interest rate.
For Mathematics and Statistics program, the graduates from Harvard University have the highest earning of $181,090 (Bachelor's degree). Students from Massachusetts Institute of Technology and Carnegie Mellon University follow it with average earning $155,540 and $103,853 respectively.
| Tuition & Fees | Annual Salary | Monthly Earning | Loan Debt | Monthly Loan Payment | |
|---|---|---|---|---|---|
| Harvard University | $59,076 | $181,090 | $15,091 | - | - |
| Massachusetts Institute of Technology | $60,156 | $155,540 | $12,962 | $12,250 | $122 |
| Carnegie Mellon University | $63,829 | $103,853 | $8,654 | $15,779 | $158 |
| Cornell University | $66,014 | $102,995 | $8,583 | $13,360 | $134 |
| Johns Hopkins University | $63,340 | $101,777 | $8,481 | $18,250 | $182 |
Data Source: College Scorecard
Average Earning and Debt by Mathematics and Statistics Sub Major Programs
In Mathematics and Statistics area, the graduates who completing Statistics program have the highest salary of $73,869 and Applied Mathematics program have the second highest salary of $69,773 in average.
Statistics Master's program has $103,695 average salary and Applied Mathematics program completers earn $102,142 yearly.
The next table shows the average earning and debt after completing Mathematics and Statistics area by major program and degree. The average annual earning is calculated based on the earning of students three years after graduation.
- Only data from students who received federal financial aid are included in the calculation.
- The actual earning may differ from the average value.
| Annual Salary | Monthly Earning | Loan Debt | Monthly Loan Payment | |
|---|---|---|---|---|
| Mathematics Program Details | ||||
| Bachelor's | $54,692 | $4,558 | $20,549 | $205 |
| Master's | $50,862 | $4,238 | - | - |
| Applied Mathematics Program Details | ||||
| Bachelor's | $69,773 | $5,814 | $20,355 | $203 |
| Master's | $102,142 | $8,512 | $42,831 | $482 |
| Doctoral | $65,051 | $5,421 | - | - |
| Statistics Program Details | ||||
| Bachelor's | $73,869 | $6,156 | $19,690 | $197 |
| Master's | $103,695 | $8,641 | $48,343 | $543 |
Data Source: College Scorecard
