2022 Best Value Colleges for Medicine (Income $30-$48k) in Minnesota
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 Medicine Schools in Minnesota For Those Making $30-$48k” ranking is part of that endeavor.
In 2019-2020, 27,562 people earned their degree in medicine, making the major the 54th most popular in the United States. In 2017-2018, medicine graduates who were awarded their degree in 2015-2017, earned an average of $54,795 and had an average of $169,628 in loans still to pay off.
Across Minnesota, there were 248 medicine graduates with average earnings and debt of $55,400 and $132,131 respectively.
This ranking identifies schools with high-quality medicine programs that also have a lower cost than schools of similar quality.
When determining these rankings, we looked at things such as overall quality of the medicine program at the school and the cost to attend the school once aid has been awarded. For more information, check out our ranking methodology.
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More Ways to Rank Medicine Schools
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 Value Medicine Schools in Minnesota For Those Making $30-$48k” list to help you make the college decision.
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. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.
Best Value Medicine Schools in Minnesota For Those Making $30-$48k
The colleges and universities below are the best for minnesota medicine students whose families make $30-$48k.
Top 1 Best Value Colleges for Medicine (Income $30-$48k) in Minnesota
You’ll join some of the best and brightest minds around if you attend University of Minnesota - Twin Cities. The school came in at #1 for the Best Value Medicine Schools in Minnesota For Those Making $30-$48k. University of Minnesota - Twin Cities is a public institution located in Minneapolis, Minnesota. The school has a large population, and it awarded 199 ’s degrees in 2019-2020.
UMN Twin Cities did well in our major quality rankings, too. It placed #2 on our “Best Medicine Schools in Minnesota” list. The yearly cost to attend University of Minnesota - Twin Cities is $8,418 for minnesota medicine students whose families make $30-$48k.
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 Medicine at University of Minnesota - Twin Cities
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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.
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