2022 Best Value Bachelor’s Degree Colleges for Area Studies (Income Over $110k) in Minnesota
With all of the options students have for higher education today, it can be tough to choose which direction to take. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Vallue Area Studies Schools for a Bachelor’s in Minnesota For Those Making Over $110k” ranking.
Area Studies is the 106th most popular major in the country with 6,820 degrees awarded in 2019-2020. In 2017-2018, area studies graduates who were awarded their degree in 2015-2017, earned an average of $33,734 and had an average of $23,024 in loans still to pay off.
Across Minnesota, there were 90 area studies graduates with average earnings and debt of $25,800 and $20,950 respectively. At the bachelor’s degree level specifically, there were 85 area studies graduates with average earnings and debt of $40,526 and $26,035 respectively.
For this year’s “Best Vallue Area Studies Schools for a Bachelor’s in Minnesota For Those Making Over $110k” ranking, we looked at 5 colleges that offer a degree in area studies. The schools that top this list are recognized because they have great area studies 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 area studies program at the school. For more information, check out our ranking methodology.
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One Size Does Not Fit All
When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Vallue Area Studies Schools for a Bachelor’s in Minnesota For Those Making Over $110k” list to help you make the college decision.
We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.
Best Vallue Area Studies Schools for a Bachelor’s in Minnesota For Those Making Over $110k
The colleges and universities below are the best for minnesota bachelor’s degree area studies students whose families make more than $110k.
Top 5 Best Value Bachelor’s Degree Colleges for Area Studies (Income Over $110k) in Minnesota
Out of the 5 schools in the Best Vallue Area Studies Schools for a Bachelor’s in Minnesota For Those Making Over $110k that were part of this year’s ranking, University of Minnesota - Duluth landed the #1 spot on the list. This fairly large school is located in Duluth, Minnesota, and it awarded 4 bachelors’s area studies degrees in 2019-2020.
UMN Duluth also made our “Best Area Studies Bachelor’s Degree Schools in Minnesota” list, coming in at #4. It costs about $17,067 for minnesota bachelor’s degree area studies students whose families make more than $110k per year to attend University of Minnesota - Duluth.
The low student loan default rate of 3.1% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Read more about Area Studies at University of Minnesota - Duluth
You’ll join some of the best and brightest minds around if you attend Minnesota State University - Mankato. The school came in at #2 for the Best Vallue Area Studies Schools for a Bachelor’s in Minnesota For Those Making Over $110k. Located in Mankato, Minnesota, this fairly large public school awarded 2 degrees to qualified bachelors’s area studies students in 2019-2020.
Minnesota State Mankato did well in our major quality rankings, too. It placed #5 on our “Best Area Studies Bachelor’s Degree Schools in Minnesota” list. The yearly cost to attend Minnesota State Mankato is $16,221 for Minnesota Bachelor’s Degree Area Studies students whose families make more than $110k.
The low student loan default rate of 4.4% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
You’ll be in good company if you decide to attend University of Minnesota - Twin Cities. It ranked #3 on our 2022 Best Vallue Area Studies Schools for a Bachelor’s in Minnesota For Those Making Over $110k list. University of Minnesota - Twin Cities is a large school located in Minneapolis, Minnesota that handed out 5 bachelors’s area studies degrees in 2019-2020.
As a testament to the quality of education offered at UMN Twin Cities, the school also landed the #3 spot in our “Best Area Studies Bachelor’s Degree Schools in Minnesota” ranking. The estimated yearly cost for University of Minnesota - Twin Cities is $17,740 for minnesota bachelor’s degree area studies students whose families make more than $110k.
The low student loan default rate of 2.2% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year.
Read full report on Area Studies at University of Minnesota - Twin Cities
You’ll be in good company if you decide to attend St Olaf College. It ranked #4 on our 2022 Best Vallue Area Studies Schools for a Bachelor’s in Minnesota For Those Making Over $110k list. St Olaf College is a private not-for-profit institution located in Northfield, Minnesota. The school has a small population, and it awarded 25 bachelors’s degrees in 2019-2020.
St. Olaf also took the #2 spot in our “Best Area Studies Bachelor’s Degree Schools in Minnesota” ranking. The estimated yearly cost for St. Olaf is $23,543 for Minnesota Bachelor’s Degree Area Studies students whose families make more than $110k.
The student loan default rate at the school is 1.0%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 91%, the school does an excellent job of retaining its students.
You’ll be in good company if you decide to attend Carleton College. It ranked #5 on our 2022 Best Vallue Area Studies Schools for a Bachelor’s in Minnesota For Those Making Over $110k list. Carleton is a small private not-for-profit school situated in Northfield, Minnesota. It awarded 21 bachelors’s area studies degrees in 2019-2020.
As a testament to the quality of education offered at Carleton, the school also landed the #1 spot in our “Best Area Studies Bachelor’s Degree Schools in Minnesota” ranking. The estimated yearly cost for Carleton College is $31,133 for Minnesota Bachelor’s Degree Area Studies students whose families make more than $110k.
Since the school has a student-to-faculty ratio of 8 to 1, those pursuing a degree will have more opportunities to interact with their professors. With a freshman retention rate of 94%, the school does an excellent job of retaining its students. The low student loan default rate of 1.3% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
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- Best Value Bachelor’s Degree Colleges for Area Studies (Income Over $110k) in the Plains States Region
- Best Value Bachelor’s Degree Colleges for Area Studies (Income Over $110k)
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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 Karl Udo Gerth.
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