2022 Best Value Bachelor’s Degree Colleges for General Business/Commerce (Income $0-$30k) in Minnesota

When it comes to choosing a college, students have a lot of options - but not all of them are good. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value General Business Schools for a Bachelor’s in Minnesota For Those Making $0-$30k” ranking - to help you make that decision.

General Business/Commerce is the 13th most popular major in the country with 55,749 degrees awarded in 2019-2020. In 2017-2018, general business/commerce graduates who were awarded their degree in 2015-2017, earned an average of $40,821 and had an average of $25,596 in loans still to pay off.

Across Minnesota, there were 550 general business/commerce graduates with average earnings and debt of $46,378 and $39,463 respectively. At the bachelor’s degree level specifically, there were 57 general business/commerce graduates with average earnings and debt of $40,526 and $26,035 respectively.

For this year’s “Best Value General Business Schools for a Bachelor’s in Minnesota For Those Making $0-$30k” ranking, we looked at 3 colleges that offer a degree in general business/commerce. The schools that top this list are recognized because they have great general business/commerce programs and cost less that schools of similar quality.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the general business/commerce program at the school. For more information, check out our ranking methodology.

One Size Does Not Fit All

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value General Business Schools for a Bachelor’s in Minnesota For Those Making $0-$30k” list, to help you choose the best school for you.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value General Business Schools for a Bachelor’s in Minnesota For Those Making $0-$30k

The following schools top our list of the Best Best Value General Business Schools for a Bachelor’s in Minnesota For Those Making $0-$30k.

Top 3 Best Value Bachelor’s Degree Colleges for General Business/Commerce (Income $0-$30k) in Minnesota

#1

Saint Cloud State University

Saint Cloud, Minnesota

#3 in overall quality

$10,688 Average Net Price

You’ll join some of the best and brightest minds around if you attend Saint Cloud State University. The school came in at #1 for the Best Value General Business Schools for a Bachelor’s in Minnesota For Those Making $0-$30k. Saint Cloud State University is a public institution located in Saint Cloud, Minnesota. The school has a fairly large population, and it awarded 14 bachelors’s degrees in 2019-2020.

St. Cloud State University did well in our major quality rankings, too. It placed #3 on our “Best General Business/Commerce Bachelor’s Degree Schools in Minnesota” list. The yearly cost to attend Saint Cloud State University is $10,688 for Minnesota Bachelor’s Degree General Business students whose families make $0-$30k.

Read full report on General Business/Commerce at Saint Cloud State University

#2

Gustavus Adolphus College

Saint Peter, Minnesota

#1 in overall quality

$12,150 Average Net Price

$46,999 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Gustavus Adolphus College. The school came in at #2 for the Best Value General Business Schools for a Bachelor’s in Minnesota For Those Making $0-$30k. Gustavus Adolphus College is located in Saint Peter, Minnesota and, has a small student population. In 2019-2020, this school awarded 42 bachelors’s general business degrees to qualified students.

Gustavus Adolphus also made our “Best General Business/Commerce Bachelor’s Degree Schools in Minnesota” list, coming in at #1. It costs about $12,150 for minnesota bachelor’s degree general business students whose families make $0-$30k per year to attend Gustavus Adolphus.

The student loan default rate at the school is 1.5%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 88%, the school does an excellent job of retaining its students.

Read full report on General Business/Commerce at Gustavus Adolphus

#3

The College of Saint Scholastica

Duluth, Minnesota

#2 in overall quality

$18,502 Average Net Price

You’ll be in good company if you decide to attend The College of Saint Scholastica. It ranked #3 on our 2022 Best Value General Business Schools for a Bachelor’s in Minnesota For Those Making $0-$30k list. St. Scholastica is a private not-for-profit institution located in Duluth, Minnesota. The school has a small population, and it awarded 1 bachelors’s degrees in 2019-2020.

As a testament to the quality of education offered at St. Scholastica, the school also landed the #2 spot in our “Best General Business/Commerce Bachelor’s Degree Schools in Minnesota” ranking. It costs about $18,502 for Minnesota Bachelor’s Degree General Business students whose families make $0-$30k per year to attend St. Scholastica.

The school has an impressive student loan default rate. It’s only 3.1%, which is much lower than the national rate of 10.1%.

Full St. Scholastica General Business/Commerce Report

• Best Value Bachelor’s Degree Colleges for General Business/Commerce (Income $0-$30k) in the Plains States Region
• Best Value Bachelor’s Degree Colleges for General Business/Commerce (Income $0-$30k)

Notes and References

References

• 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 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).
• Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

Read more about our data sources and methodologies

Footnotes

• *Average salary, average net price, and average tuition and fees are for the top schools only.
• Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.

Credits

• Credit for the banner image above goes to U.S. Consulate General Munich.

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