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Mathematics & Statistics

Statistics: is it worth it?

92
A
DR Rating
DegreeReturn Rating — Excellent value

A 0–100 score blending this major’s national earnings, ROI and typical debt. How it’s scored.

Strong return
+$525,998 over 10 years

National picture across 42 college programs, at a typical net price.

Graduate earnings clearly outpace the cost and debt — this degree pays back quickly.

1.3 yrs
Break-even
+658%
10-year ROI
$105,595
Median earnings as of 2024

What Statistics pays

$71,553
Median earnings (1 yr) as of 2024
$105,595
Median earnings (5 yr) as of 2024
$21,823
Typical debt as of 2024
42
Colleges offering it
Is Statistics worth it? Graduate earnings clearly outpace the cost and debt — this degree pays back quickly. Earnings vary a lot by college, so where you study matters — see the best-ROI colleges for this major below.

Career outlook for Statistics graduates

The job market for the occupations Statistics graduates typically enter, projected through 2034 — from U.S. Bureau of Labor Statistics data. This is the demand side, complementing the IRS-verified graduate earnings above.

+20.0%
Projected job growth by 2034
41,500
Annual openings (related jobs)
$118,438
Typical pay for those jobs

Top jobs for this major

OccupationU.S. jobsGrowth to 2034Median payTypical entry
Data scientists245,900+33.5%$112,590Bachelor's degree
Natural sciences managers104,300+3.7%$161,180Bachelor's degree
Mathematical science teachers, postsecondary58,900+2.3%$79,350Doctoral or professional degree
Actuaries33,600+21.8%$125,770Bachelor's degree
Statisticians32,200+8.5%$103,300Master's degree
Survey researchers8,800-5.2%$63,380Master's degree

Source: U.S. Bureau of Labor Statistics, Employment Projections (2024–34) & the NCES CIP–SOC crosswalk. Occupation pay is the national median wage for the role — not the same as graduate earnings, which we draw from IRS records.

Statistics vs similar majors

How Statistics stacks up against the closest fields in Mathematics & Statistics on pay, debt, ROI and the DR Rating. The best figure in each row is highlighted.

Statistics
Mathematics & Statistics · this major
Applied Mathematics
Mathematics and Statistics, Other
Mathematics
DR Rating92 A92 A86 A80 A
ROI verdictStrong returnStrong returnStrong returnStrong return
Median earnings (5 yr)$105,595$99,566$81,819$73,888
Median earnings (1 yr)$71,553$63,193$58,273$51,083
ROI vs cost+658%+587%+363%+264%
Typical debt$21,823$20,253$20,464$20,154
Colleges offering it42396291

Statistics earnings over time

National median earnings one year after graduating, by cohort year — the consistent measure available across the federal data’s history.

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Best colleges for Statistics

Ranked by the ROI of this major at each college — its graduate earnings against the cost.

#CollegeCredentialEarnings (5 yr)Median debt10-yr ROIVerdict
1CUNY Bernard M Baruch College
New York, NY
Certificate$109,814+5,242%Strong return
2Harvard University
Cambridge, MA
Associate's$229,811+4,747%Strong return
3University of Chicago
Chicago, IL
Associate's$147,558+3,351%Strong return
4University of California-Berkeley
Berkeley, CA
Associate's$145,658$15,400+2,990%Strong return
5Florida State University
Tallahassee, FL
Certificate$97,085$18,600+2,782%Strong return
6University of Florida
Gainesville, FL
Associate's$92,382$13,191+2,549%Strong return
7Brigham Young University
Provo, UT
Associate's$107,867$10,312+1,702%Strong return
8University of California-Davis
Davis, CA
Associate's$107,082$14,917+1,678%Strong return
9University of Michigan-Ann Arbor
Ann Arbor, MI
Associate's$105,494$23,150+1,643%Strong return
10University of California-Santa Barbara
Santa Barbara, CA
Associate's$110,783$17,167+1,610%Strong return
11California State University-East Bay
Hayward, CA
Certificate$123,982$25,847+1,591%Strong return
12University of Illinois Urbana-Champaign
Champaign, IL
Associate's$104,911$19,000+1,581%Strong return
13University of Chicago
Chicago, IL
Certificate$171,616$48,437+1,542%Strong return
14University of California-Los Angeles
Los Angeles, CA
Associate's$94,154$15,811+1,493%Strong return
15Carnegie Mellon University
Pittsburgh, PA
Associate's$155,025$21,000+1,438%Strong return
16Purdue University-Main Campus
West Lafayette, IN
Associate's$97,489$19,250+1,349%Strong return
17California Polytechnic State University-San Luis Obispo
San Luis Obispo, CA
Associate's$97,279$17,939+1,211%Strong return
18University of Virginia-Main Campus
Charlottesville, VA
Associate's$108,373$16,295+1,192%Strong return
19Kennesaw State University
Kennesaw, GA
Certificate$119,338+1,135%Strong return
20Florida State University
Tallahassee, FL
Associate's$82,522$22,350+1,121%Strong return
21Duke University
Durham, NC
Associate's$121,776$13,500+1,097%Strong return
22Pennsylvania State University-World Campus
University Park, PA
Certificate$133,369+1,030%Strong return
23University of Georgia
Athens, GA
Associate's$83,951$19,677+1,012%Strong return
24University of Connecticut-Waterbury Campus
Waterbury, CT
Associate's$76,845$19,500+1,004%Strong return
25University of South Florida
Tampa, FL
Associate's$70,904$11,792+983%Strong return

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Source: U.S. Department of Education, College Scorecard. ROI is computed by Degree Return — see how. Read the methodology. Data as of 2024.