2022 Best Value Consumer Economics Schools in Minnesota For Those Making $0-$30k

When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Consumer Economics Schools in Minnesota For Those Making $0-$30k” ranking is part of that endeavor.

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.

The schools that top this list are recognized because they have great family and consumer economics programs and cost less that schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the family and consumer economics program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.

One Size Does Not Fit All

The consumer economics school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Consumer Economics Schools in Minnesota For Those Making $0-$30k”.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

Best Value Consumer Economics Schools in Minnesota For Those Making $0-$30k

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

Top 1 Best Value 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

$45,406 Average Early-Career Earnings

Out of the 1 schools in the Best Value Consumer Economics Schools in Minnesota For Those Making $0-$30k that were part of this year’s ranking, University of Minnesota - Twin Cities landed the #1 spot on the list. Located in Minneapolis, Minnesota, this large public school handed out 83 degrees to qualified ’s consumer economics students in 2019-2020.

UMN Twin Cities also made our “Best Family & Consumer Economics Schools in Minnesota” list, coming in at #1. The estimated yearly cost for UMN Twin Cities is $7,266 for Minnesota Consumer Economics students whose families make $0-$30k.

The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year. 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%.

Read full report on Family & Consumer Economics at UMN Twin Cities

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