2022 Best Value Colleges for Applied Economics (Income $0-$30k) 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 Applied Economics Schools in Minnesota For Those Making $0-$30k” ranking is part of that endeavor.

Applied Economics is the 497th most popular major in the country with 652 degrees awarded in 2019-2020.

Across Minnesota, there were 87 applied economics graduates with average earnings and debt of $0 and $0 respectively.

For this year’s “Best Value Applied Economics Schools in Minnesota For Those Making $0-$30k” ranking, we looked at 3 colleges that offer a degree in applied economics. This ranking identifies schools with high-quality applied economics programs that also have a lower cost than schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the applied economics program at the school and the cost of the school after aid is awarded among other things. Check out our ranking methodology for more information.

More Ways to Rank Applied Economics Schools

The applied economics school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Applied Economics Schools in Minnesota For Those Making $0-$30k”.

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. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value Applied Economics Schools in Minnesota For Those Making $0-$30k

The following schools top our list of the Best Best Value Applied Economics Schools in Minnesota For Those Making $0-$30k.

Top 3 Best Value Colleges for Applied Economics (Income $0-$30k) in Minnesota

#1

University of Minnesota - Twin Cities

Minneapolis, Minnesota

#1 in overall quality

$7,266 Average Net Price

$45,406 Average Early-Career Earnings

Out of the 3 schools in the Best Value Applied Economics 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. UMN Twin Cities is located in Minneapolis, Minnesota and, has a large student population. In 2019-2020, this school awarded 81 ’s applied economics degrees to qualified students.

In addition to being on our minnesota applied economics students whose families make $0-$30k list, UMN Twin Cities has also earned the #1 rank in our “Best Applied Economics Schools in Minnesota” ranking. It costs about $7,266 for Minnesota Applied Economics students whose families make $0-$30k 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 student loan default rate at the school is 2.2%, which is quite low when compared to the national default rate of 10.1%.

Full UMN Twin Cities Applied Economics Report

#2

Saint Cloud State University

Saint Cloud, Minnesota

#3 in overall quality

$10,688 Average Net Price

$42,626 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Saint Cloud State University. The school came in at #2 for the Best Value Applied Economics Schools in Minnesota For Those Making $0-$30k. Saint Cloud State University is a fairly large public school situated in Saint Cloud, Minnesota. It awarded 3 ’s applied economics degrees in 2019-2020.

St. Cloud State University also took the #3 spot in our “Best Applied Economics Schools in Minnesota” ranking. It costs about $10,688 for minnesota applied economics students whose families make $0-$30k per year to attend St. Cloud State University.

Read more about Applied Economics at Saint Cloud State University

#3

St Catherine University

Saint Paul, Minnesota

#2 in overall quality

$15,102 Average Net Price

$51,186 Average Early-Career Earnings

Out of the 3 schools in the Best Value Applied Economics Schools in Minnesota For Those Making $0-$30k that were part of this year’s ranking, St Catherine University landed the #3 spot on the list. St. Kate’s is located in Saint Paul, Minnesota and, has a small student population. In 2019-2020, this school awarded 2 ’s applied economics degrees to qualified students.

As a testament to the quality of education offered at St. Kate’s, the school also landed the #2 spot in our “Best Applied Economics Schools in Minnesota” ranking. The yearly cost to attend St. Kate’s is $15,102 for minnesota applied economics students whose families make $0-$30k.

The low student loan default rate of 2.7% 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%.

Full St. Kate’s Applied Economics Report

• Best Value Colleges for Applied Economics (Income $0-$30k) in the Plains States Region
• Best Value Colleges for Applied Economics (Income $0-$30k)

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 pixabay.

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