2022 Best Value Colleges for Medicine (Income $48-$75k) in Minnesota
When pursuing a degree in today’s world, students have many different options to choose from. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Medicine Schools in Minnesota For Those Making $48-$75k” ranking is one tool we have developed to help in this regard.
Medicine is the 54th most popular major in the country with 27,562 degrees awarded in 2019-2020. 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.
Not only do the schools that top this list have excellent medicine programs, but they also 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 medicine program at the school. For more information, check out our ranking methodology.
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Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Medicine Schools in Minnesota For Those Making $48-$75k” 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. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.
Best Value Medicine Schools in Minnesota For Those Making $48-$75k
The colleges and universities below are the best for minnesota medicine students whose families make $48-$75k.
Top 1 Best Value Colleges for Medicine (Income $48-$75k) in Minnesota
You’ll be in good company if you decide to attend University of Minnesota - Twin Cities. It ranked #1 on our 2022 Best Value Medicine Schools in Minnesota For Those Making $48-$75k list. Located in Minneapolis, Minnesota, this large public school awarded 199 degrees to qualified ’s medicine students 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. It costs about $12,556 for Minnesota Medicine students whose families make $48-$75k per year to attend University of Minnesota - Twin Cities.
Students who start out at the school are likely to stick around. The freshman retention rate is 93%. The student loan default rate at the school is 2.2%, which is quite low when compared to the national default rate of 10.1%.
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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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