Jacobs earned his Bachelor of Science (B.S.) degrees in mathematics and software engineering at Carroll University in Waukesha, Wisconsin in 2003; his Master of Science (M.S.) degree in mathematics at University of Wisconsin-Milwaukee in 2005, and his Ph.D in statistics at University of Maryland Baltimore County in 2014.
Jacobs' M.S. research involved development of asymptotic confidence interval estimation for exponential distribution and Pareto distribution, with applications into insurance coverage for wind damage data.