2022 Best Value Bachelor’s Degree Colleges for Family & Consumer Economics (Income $0-$30k) in Minnesota

When pursuing a degree in today’s world, students have many different options to choose from. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Consumer Economics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k” ranking.

In 2019-2020, 1,530 people earned their degree in family and consumer economics, making the major the 202nd most popular in the United States. In 2017-2018, family and consumer economics graduates who were awarded their degree in 2015-2017, earned an average of $35,290 and had an average of $24,968 in loans still to pay off.

Across Minnesota, there were 83 family and consumer economics graduates with average earnings and debt of $33,400 and $18,170 respectively. At the bachelor’s degree level specifically, there were 74 family and consumer economics graduates with average earnings and debt of $40,526 and $26,035 respectively.

This ranking identifies schools with high-quality family and consumer economics programs that also have a lower cost than 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 family and consumer economics 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 Consumer Economics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k” list, to help you choose the best school for you.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

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

The colleges and universities below are the best for minnesota bachelor’s degree consumer economics students whose families make $0-$30k.

Top 1 Best Value Bachelor’s Degree Colleges for Family & Consumer Economics (Income $0-$30k) in Minnesota

#1

University of Minnesota - Twin Cities

Minneapolis, Minnesota

#1 in overall quality

$7,266 Average Net Price

$36,248 Average Early-Career Earnings

You’ll be in good company if you decide to attend University of Minnesota - Twin Cities. It ranked #1 on our 2022 Best Value Consumer Economics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k list. Located in Minneapolis, Minnesota, this large public school handed out 74 degrees to qualified bachelors’s consumer economics students in 2019-2020.

UMN Twin Cities not only placed well in this ranking. It is also #1 on our “Best Family & Consumer Economics Bachelor’s Degree Schools in Minnesota” list. The estimated yearly cost for UMN Twin Cities is $7,266 for Minnesota Bachelor’s Degree Consumer Economics students whose families make $0-$30k.

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 Family & Consumer Economics at University of Minnesota - Twin Cities

• Best Value Bachelor’s Degree Colleges for Family & Consumer Economics (Income $0-$30k) in the Plains States Region
• Best Value Bachelor’s Degree Colleges for Family & Consumer Economics (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.

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