2022 Best Value Colleges for Physics (Income $0-$30k) in Minnesota
Students have lots of options to chooose from today when trying to decide which college to attend. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Physics Schools in Minnesota For Those Making $0-$30k” ranking - to help you make that decision.
In 2019-2020, 14,123 people earned their degree in physics, making the major the 67th most popular in the United States. In 2017-2018, physics graduates who were awarded their degree in 2015-2017, earned an average of $42,475 and had an average of $22,421 in loans still to pay off.
Across Minnesota, there were 228 physics graduates with average earnings and debt of $38,600 and $23,626 respectively.
This year’s “Best Value Physics Schools in Minnesota For Those Making $0-$30k” ranking analyzed 9 colleges that offered a degree in physics. The schools that top this list are recognized because they have great physics programs and cost less that schools of similar quality.
When determining these rankings, we looked at things such as overall quality of the physics 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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Best Value Physics Schools in Minnesota For Those Making $0-$30k
The following schools top our list of the Best Best Value Physics Schools in Minnesota For Those Making $0-$30k.
Top 9 Best Value Colleges for Physics (Income $0-$30k) in Minnesota
Out of the 9 schools in the Best Value Physics 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. Minneapolis, Minnesota is the setting for this large institution of higher learning. The public school handed out ’s physics degrees to 79 students in 2019-2020.
As a testament to the quality of education offered at UMN Twin Cities, the school also landed the #2 spot in our “Best Physics Schools in Minnesota” ranking. The yearly cost to attend UMN Twin Cities is $7,266 for Minnesota Physics students whose families make $0-$30k.
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%. With a freshman retention rate of 93%, the school does an excellent job of retaining its students.
You’ll join some of the best and brightest minds around if you attend University of Minnesota - Morris. The school came in at #2 for the Best Value Physics Schools in Minnesota For Those Making $0-$30k. UMN Morris is located in Morris, Minnesota and, has a small student population. In 2019-2020, this school awarded 5 ’s physics degrees to qualified students.
UMN Morris did well in our major quality rankings, too. It placed #8 on our “Best Physics Schools in Minnesota” list. The yearly cost to attend UMN Morris is $4,230 for minnesota physics students whose families make $0-$30k.
The student loan default rate at the school is 2.9%, 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 St Olaf College. It ranked #3 on our 2022 Best Value Physics Schools in Minnesota For Those Making $0-$30k list. St Olaf College is a small school located in Northfield, Minnesota that handed out 23 ’s physics degrees in 2019-2020.
St. Olaf not only placed well in this ranking. It is also #1 on our “Best Physics Schools in Minnesota” list. The estimated yearly cost for St Olaf College is $12,459 for Minnesota Physics students whose families make $0-$30k.
The student loan default rate at the school is 1.0%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 91%, the school does an excellent job of retaining its students.
You’ll join some of the best and brightest minds around if you attend University of Minnesota - Duluth. The school came in at #4 for the Best Value Physics Schools in Minnesota For Those Making $0-$30k. University of Minnesota - Duluth is located in Duluth, Minnesota and, has a fairly large student population. In 2019-2020, this school awarded 15 ’s physics degrees to qualified students.
UMN Duluth also made our “Best Physics Schools in Minnesota” list, coming in at #7. It costs about $7,443 for minnesota physics students whose families make $0-$30k per year to attend UMN Duluth.
The low student loan default rate of 3.1% 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%.
Read full report on Physics at University of Minnesota - Duluth
You’ll be in good company if you decide to attend Gustavus Adolphus College. It ranked #5 on our 2022 Best Value Physics Schools in Minnesota For Those Making $0-$30k list. Gustavus Adolphus College is a small private not-for-profit school situated in Saint Peter, Minnesota. It awarded 10 ’s physics degrees in 2019-2020.
Gustavus Adolphus also made our “Best Physics Schools in Minnesota” list, coming in at #6. It costs about $12,150 for Minnesota Physics students whose families make $0-$30k per year to attend Gustavus Adolphus College.
With a freshman retention rate of 88%, the school does an excellent job of retaining its students. 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%.
Hamline University ranked #6 on this year’s Best Value Physics Schools in Minnesota For Those Making $0-$30k list. Hamline University is located in Saint Paul, Minnesota and, has a small student population. In 2019-2020, this school awarded 2 ’s physics degrees to qualified students.
Hamline did well in our major quality rankings, too. It placed #5 on our “Best Physics Schools in Minnesota” list. It costs about $17,038 for minnesota physics students whose families make $0-$30k per year to attend Hamline.
The student loan default rate at the school is 3.3%, which is quite low when compared to the national default rate of 10.1%.
Concordia College at Moorhead landed the #7 spot on the 2022 Best Value Physics Schools in Minnesota For Those Making $0-$30k ranking. Concordia College at Moorhead is a small private not-for-profit school situated in Moorhead, Minnesota. It awarded 5 ’s physics degrees in 2019-2020.
Concordia College Moorhead did well in our major quality rankings, too. It placed #4 on our “Best Physics Schools in Minnesota” list. The yearly cost to attend Concordia College at Moorhead is $17,881 for minnesota physics students whose families make $0-$30k.
The low student loan default rate of 2.5% 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 Physics at Concordia College at Moorhead
Bethel University Minnesota did quite well in the 2022 Best Value Physics Schools in Minnesota For Those Making $0-$30k ranking, coming in at #8. Saint Paul, Minnesota is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s physics degrees to 18 students in 2019-2020.
Bethel University Minnesota also took the #3 spot in our “Best Physics Schools in Minnesota” ranking. It costs about $18,396 for Minnesota Physics students whose families make $0-$30k per year to attend Bethel University Minnesota.
The student loan default rate at the school is 3.0%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 85%, the school does an excellent job of retaining its students.
Augsburg University came in at #9 in this year’s edition of the Best Value Physics Schools in Minnesota For Those Making $0-$30k ranking. Minneapolis, Minnesota is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s physics degrees to 3 students in 2019-2020.
As a testament to the quality of education offered at Augsburg, the school also landed the #9 spot in our “Best Physics Schools in Minnesota” ranking. The yearly cost to attend Augsburg is $21,179 for Minnesota Physics students whose families make $0-$30k.
- Best Value Colleges for Physics (Income $0-$30k) in the Plains States Region
- Best Value Colleges for Physics (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.
Credits
- Credit for the banner image above goes to A. T. Service.
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