2022 Best Value Bachelor’s Degree Colleges for Statistics (Income $0-$30k) 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 Stats Schools for a Bachelor’s in Minnesota For Those Making $0-$30k” ranking is one tool we have developed to help in this regard.
Statistics is the 88th most popular major in the country with 9,599 degrees awarded in 2019-2020. In 2017-2018, statistics graduates who were awarded their degree in 2015-2017, earned an average of $61,950 and had an average of $22,199 in loans still to pay off.
Across Minnesota, there were 236 statistics graduates with average earnings and debt of $49,450 and $19,539 respectively. At the bachelor’s degree level specifically, there were 195 statistics graduates with average earnings and debt of $40,526 and $26,035 respectively.
For this year’s “Best Value Stats Schools for a Bachelor’s in Minnesota For Those Making $0-$30k” ranking, we looked at 5 colleges that offer a degree in statistics. This ranking identifies schools with high-quality statistics 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 statistics program at the school. See our ranking methodology to learn more.
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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 Stats Schools for a Bachelor’s in Minnesota For Those Making $0-$30k” list, to help you choose the best school for you.
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Best Value Stats Schools for a Bachelor’s in Minnesota For Those Making $0-$30k
The following schools top our list of the Best Best Value Stats Schools for a Bachelor’s in Minnesota For Those Making $0-$30k.
Top 5 Best Value Bachelor’s Degree Colleges for Statistics (Income $0-$30k) in Minnesota
Out of the 5 schools in the Best Value Stats Schools for a Bachelor’s in Minnesota For Those Making $0-$30k that were part of this year’s ranking, Carleton College landed the #1 spot on the list. Carleton is a small school located in Northfield, Minnesota that handed out 21 bachelors’s stats degrees in 2019-2020.
Carleton not only placed well in this ranking. It is also #1 on our “Best Statistics Bachelor’s Degree Schools in Minnesota” list. The estimated yearly cost for Carleton is $9,579 for minnesota bachelor’s degree stats students whose families make $0-$30k.
The student-to-faculty ratio of 8 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The low student loan default rate of 1.3% 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%. With a freshman retention rate of 94%, the school does an excellent job of retaining its students.
Out of the 5 schools in the Best Value Stats Schools for a Bachelor’s in Minnesota For Those Making $0-$30k that were part of this year’s ranking, University of Minnesota - Twin Cities landed the #2 spot on the list. UMN Twin Cities is a large school located in Minneapolis, Minnesota that handed out 93 bachelors’s stats degrees in 2019-2020.
UMN Twin Cities not only placed well in this ranking. It is also #3 on our “Best Statistics Bachelor’s Degree Schools in Minnesota” list. It costs about $7,266 for Minnesota Bachelor’s Degree Stats students whose families make $0-$30k per year to attend UMN Twin Cities.
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%. 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 more about Statistics at University of Minnesota - Twin Cities
You’ll be in good company if you decide to attend University of Minnesota - Duluth. It ranked #3 on our 2022 Best Value Stats Schools for a Bachelor’s in Minnesota For Those Making $0-$30k list. Duluth, Minnesota is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s stats degrees to 28 students in 2019-2020.
UMN Duluth also made our “Best Statistics Bachelor’s Degree Schools in Minnesota” list, coming in at #5. The estimated yearly cost for University of Minnesota - Duluth is $7,443 for minnesota bachelor’s degree stats students whose families make $0-$30k.
The student loan default rate at the school is 3.1%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Statistics at University of Minnesota - Duluth
Out of the 5 schools in the Best Value Stats Schools for a Bachelor’s in Minnesota For Those Making $0-$30k that were part of this year’s ranking, Gustavus Adolphus College landed the #4 spot on the list. Gustavus Adolphus College is a private not-for-profit institution located in Saint Peter, Minnesota. The school has a small population, and it awarded 4 bachelors’s degrees in 2019-2020.
Gustavus Adolphus not only placed well in this ranking. It is also #2 on our “Best Statistics Bachelor’s Degree Schools in Minnesota” list. The estimated yearly cost for Gustavus Adolphus College is $12,150 for minnesota bachelor’s degree stats students whose families make $0-$30k.
The school has an excellent freshman retention rate of 88%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 1.5%, which is quite low when compared to the national default rate of 10.1%.
You’ll be in good company if you decide to attend University of St Thomas Minnesota. It ranked #5 on our 2022 Best Value Stats Schools for a Bachelor’s in Minnesota For Those Making $0-$30k list. University of St Thomas Minnesota is a private not-for-profit institution located in Saint Paul, Minnesota. The school has a medium-sized population, and it awarded 13 bachelors’s degrees in 2019-2020.
UST MN also made our “Best Statistics Bachelor’s Degree Schools in Minnesota” list, coming in at #4. The estimated yearly cost for UST MN is $27,460 for Minnesota Bachelor’s Degree Stats students whose families make $0-$30k.
With a freshman retention rate of 87%, the school does an excellent job of retaining its students. The low student loan default rate of 2.1% 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%.
- Best Value Bachelor’s Degree Colleges for Statistics (Income $0-$30k) in the Plains States Region
- Best Value Bachelor’s Degree Colleges for Statistics (Income $0-$30k)
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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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