2022 Best Value Colleges for Medicine (Income $75-$110k) in Minnesota
When pursuing a degree in today’s world, students have many different options to choose from. College Factual has developed its “Best Value Medicine Schools in Minnesota For Those Making $75-$110k” ranking as one item you can use to help make this decision.
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.
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. Check out our ranking methodology for more information.
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More Ways to Rank Medicine Schools
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 $75-$110k” list, to help you choose the best school for you.
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. 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 Medicine Schools in Minnesota For Those Making $75-$110k
The colleges and universities below are the best for minnesota medicine students whose families make $75-$110k.
Top 1 Best Value Colleges for Medicine (Income $75-$110k) in Minnesota
Out of the 1 schools in the Best Value Medicine Schools in Minnesota For Those Making $75-$110k that were part of this year’s ranking, University of Minnesota - Twin Cities landed the #1 spot on the list. University of Minnesota - Twin Cities is located in Minneapolis, Minnesota and, has a large student population. In 2019-2020, this school awarded 199 ’s medicine degrees to qualified students.
UMN Twin Cities also took the #2 spot in our “Best Medicine Schools in Minnesota” ranking. It costs about $19,942 for Minnesota Medicine students whose families make $75-$110k per year to attend UMN Twin Cities.
With a freshman retention rate of 93%, the school does an excellent job of retaining its students. 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%.
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Best Value Colleges for Medicine (Income $75-$110k) in Minnesota
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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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