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2022 Best Value General Economics Schools in Minnesota For Those Making $0-$30k

19 Ranked Colleges
552 Degrees Awarded
$13,500 Avg Net Price*
Best Value General Economics Schools in Minnesota For Those Making $0-$30k

When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual has developed its “Best Value General Economics Schools in Minnesota For Those Making $0-$30k” ranking as one item you can use to help make this decision.

In 2019-2020, 31,150 people earned their degree in general economics, making the major the 22nd most popular in the United States.

Across Minnesota, there were 552 general economics graduates with average earnings and debt of $0 and $0 respectively.

This year’s “Best Value General Economics Schools in Minnesota For Those Making $0-$30k” ranking analyzed 19 colleges that offered a degree in general economics. Not only do the schools that top this list have excellent general economics 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 general economics program at the school. Check out our ranking methodology for more information.

One Size Does Not Fit All

The general 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 General Economics Schools in Minnesota For Those Making $0-$30k”.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. Go ahead and give it a try, or bookmark the link so you can check it out later.

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

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

Top 19 Best Value Colleges for General Economics (Income $0-$30k) in Minnesota

#1

Carleton College

Northfield, Minnesota

You’ll join some of the best and brightest minds around if you attend Carleton College. The school came in at #1 for the Best Value General Economics Schools in Minnesota For Those Making $0-$30k. Carleton College is a private not-for-profit institution located in Northfield, Minnesota. The school has a small population, and it awarded 45 ’s degrees in 2019-2020.

As a testament to the quality of education offered at Carleton, the school also landed the #1 spot in our “Best General Economics Schools in Minnesota” ranking. The estimated yearly cost for Carleton is $9,579 for minnesota general economics students whose families make $0-$30k.

The student loan default rate at the school is 1.3%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year. The impressive student-to-faculty ratio of 8 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.

Read full report on General Economics at Carleton College

#2

University of Minnesota - Twin Cities

Minneapolis, Minnesota

Out of the 19 schools in the Best Value General Economics Schools 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. University of Minnesota - Twin Cities is a large school located in Minneapolis, Minnesota that handed out 181 ’s general economics degrees in 2019-2020.

In addition to being on our minnesota general economics students whose families make $0-$30k list, UMN Twin Cities has also earned the #3 rank in our “Best General Economics Schools in Minnesota” ranking. The yearly cost to attend UMN Twin Cities is $7,266 for minnesota general economics students whose families make $0-$30k.

The school has an impressive student loan default rate. It’s only 2.2%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 93%, the school does an excellent job of retaining its students.

Full University of Minnesota - Twin Cities General Economics Report

You’ll join some of the best and brightest minds around if you attend University of Minnesota - Morris. The school came in at #3 for the Best Value General Economics 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 15 ’s general economics degrees to qualified students.

UMN Morris also made our “Best General Economics Schools in Minnesota” list, coming in at #10. The estimated yearly cost for University of Minnesota - Morris is $4,230 for Minnesota General Economics students whose families make $0-$30k.

The school has an impressive student loan default rate. It’s only 2.9%, which is much lower than the national rate of 10.1%.

Read full report on General Economics at University of Minnesota - Morris

#4

St Olaf College

Northfield, Minnesota

You’ll be in good company if you decide to attend St Olaf College. It ranked #4 on our 2022 Best Value General Economics Schools in Minnesota For Those Making $0-$30k list. St Olaf College is a small private not-for-profit school situated in Northfield, Minnesota. It awarded 107 ’s general economics degrees in 2019-2020.

St. Olaf did well in our major quality rankings, too. It placed #2 on our “Best General Economics Schools in Minnesota” list. It costs about $12,459 for minnesota general economics students whose families make $0-$30k per year to attend St. Olaf.

The low student loan default rate of 1.0% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 91%.

Read more about General Economics at St. Olaf

Out of the 19 schools in the Best Value General Economics Schools in Minnesota For Those Making $0-$30k that were part of this year’s ranking, University of Minnesota - Duluth landed the #5 spot on the list. University of Minnesota - Duluth is a public institution located in Duluth, Minnesota. The school has a fairly large population, and it awarded 23 ’s degrees in 2019-2020.

As a testament to the quality of education offered at UMN Duluth, the school also landed the #8 spot in our “Best General Economics Schools in Minnesota” ranking. It costs about $7,443 for minnesota general economics students whose families make $0-$30k per year to attend UMN Duluth.

The school has an impressive student loan default rate. It’s only 3.1%, which is much lower than the national rate of 10.1%.

Read more about General Economics at University of Minnesota - Duluth

#6

Bemidji State University

Bemidji, Minnesota

Bemidji State University came in at #6 in this year’s edition of the Best Value General Economics Schools in Minnesota For Those Making $0-$30k ranking. Bemidji State University is a small school located in Bemidji, Minnesota that handed out 2 ’s general economics degrees in 2019-2020.

Bemidji State University also took the #13 spot in our “Best General Economics Schools in Minnesota” ranking. The estimated yearly cost for Bemidji State University is $10,632 for Minnesota General Economics students whose families make $0-$30k.

Full Bemidji State University General Economics Report

With a ranking of #7, Minnesota State University - Mankato did quite well on the 2022 Best Value General Economics Schools in Minnesota For Those Making $0-$30k list. Mankato, Minnesota is the setting for this fairly large institution of higher learning. The public school handed out ’s general economics degrees to 25 students in 2019-2020.

As a testament to the quality of education offered at Minnesota State Mankato, the school also landed the #9 spot in our “Best General Economics Schools in Minnesota” ranking. It costs about $11,057 for Minnesota General Economics students whose families make $0-$30k per year to attend Minnesota State University - Mankato.

The low student loan default rate of 4.4% 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 Minnesota State University - Mankato General Economics Report

#8

Saint Johns University

Collegeville, Minnesota

Saint Johns University ranked #8 on this year’s Best Value General Economics Schools in Minnesota For Those Making $0-$30k list. Saint Johns University is a small school located in Collegeville, Minnesota that handed out 33 ’s general economics degrees in 2019-2020.

SJU also took the #5 spot in our “Best General Economics Schools in Minnesota” ranking. The yearly cost to attend SJU is $14,683 for Minnesota General Economics students whose families make $0-$30k.

The student loan default rate at the school is 1.2%, which is quite low when compared to the national default rate of 10.1%.

Read more about General Economics at Saint Johns University

#9

Saint Cloud State University

Saint Cloud, Minnesota

Saint Cloud State University came in at #9 in this year’s edition of the Best Value General Economics Schools in Minnesota For Those Making $0-$30k ranking. This fairly large school is located in Saint Cloud, Minnesota, and it awarded 7 ’s general economics degrees in 2019-2020.

As a testament to the quality of education offered at St. Cloud State University, the school also landed the #19 spot in our “Best General Economics Schools in Minnesota” ranking. The estimated yearly cost for Saint Cloud State University is $10,688 for minnesota general economics students whose families make $0-$30k.

Read more about General Economics at Saint Cloud State University

#10

Gustavus Adolphus College

Saint Peter, Minnesota

Gustavus Adolphus College landed the #10 spot on the 2022 Best Value General Economics Schools in Minnesota For Those Making $0-$30k ranking. Saint Peter, Minnesota is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s general economics degrees to 24 students in 2019-2020.

In addition to being on our minnesota general economics students whose families make $0-$30k list, Gustavus Adolphus has also earned the #6 rank in our “Best General Economics Schools in Minnesota” ranking. The estimated yearly cost for Gustavus Adolphus is $12,150 for minnesota general economics 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 school has an impressive student loan default rate. It’s only 1.5%, which is much lower than the national rate of 10.1%.

Full Gustavus Adolphus College General Economics Report

#11

Winona State University

Winona, Minnesota

With a ranking of #11, Winona State University did quite well on the 2022 Best Value General Economics Schools in Minnesota For Those Making $0-$30k list. Winona State is a public institution located in Winona, Minnesota. The school has a medium-sized population, and it awarded 5 ’s degrees in 2019-2020.

As a testament to the quality of education offered at Winona State, the school also landed the #17 spot in our “Best General Economics Schools in Minnesota” ranking. The estimated yearly cost for Winona State is $12,381 for minnesota general economics students whose families make $0-$30k.

The low student loan default rate of 3.4% 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 Winona State General Economics Report

Minnesota State University - Moorhead came in at #12 in this year’s edition of the Best Value General Economics Schools in Minnesota For Those Making $0-$30k ranking. Minnesota State University - Moorhead is located in Moorhead, Minnesota and, has a medium-sized student population. In 2019-2020, this school awarded 7 ’s general economics degrees to qualified students.

As a testament to the quality of education offered at MSU Moorhead, the school also landed the #15 spot in our “Best General Economics Schools in Minnesota” ranking. The yearly cost to attend Minnesota State University - Moorhead is $12,484 for minnesota general economics students whose families make $0-$30k.

The low student loan default rate of 4.5% 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 more about General Economics at Minnesota State University - Moorhead

#13

College of Saint Benedict

Saint Joseph, Minnesota

College of Saint Benedict did quite well in the 2022 Best Value General Economics Schools in Minnesota For Those Making $0-$30k ranking, coming in at #13. CSB is a private not-for-profit institution located in Saint Joseph, Minnesota. The school has a small population, and it awarded 10 ’s degrees in 2019-2020.

CSB also took the #4 spot in our “Best General Economics Schools in Minnesota” ranking. The yearly cost to attend CSB is $17,143 for Minnesota General Economics students whose families make $0-$30k.

The student loan default rate at the school is 0.9%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 89%.

Read full report on General Economics at College of Saint Benedict

#14

St Catherine University

Saint Paul, Minnesota

With a ranking of #14, St Catherine University did quite well on the 2022 Best Value General Economics Schools in Minnesota For Those Making $0-$30k list. This small school is located in Saint Paul, Minnesota, and it awarded 6 ’s general economics degrees in 2019-2020.

As a testament to the quality of education offered at St. Kate’s, the school also landed the #12 spot in our “Best General Economics Schools in Minnesota” ranking. The estimated yearly cost for St Catherine University is $15,102 for minnesota general economics students whose families make $0-$30k.

The student loan default rate at the school is 2.7%, which is quite low when compared to the national default rate of 10.1%.

Read more about General Economics at St. Kate’s

#15

Metropolitan State University

Saint Paul, Minnesota

Metropolitan State University came in at #15 in this year’s edition of the Best Value General Economics Schools in Minnesota For Those Making $0-$30k ranking. Metropolitan State University is a public institution located in Saint Paul, Minnesota. The school has a medium-sized population, and it awarded 7 ’s degrees in 2019-2020.

As a testament to the quality of education offered at Metro State, the school also landed the #18 spot in our “Best General Economics Schools in Minnesota” ranking. It costs about $14,388 for Minnesota General Economics students whose families make $0-$30k per year to attend Metro State.

Read more about General Economics at Metro State

#16

Hamline University

Saint Paul, Minnesota

Hamline University came in at #16 in this year’s edition of the Best Value General Economics Schools in Minnesota For Those Making $0-$30k ranking. Hamline is a private not-for-profit institution located in Saint Paul, Minnesota. The school has a small population, and it awarded 7 ’s degrees in 2019-2020.

Hamline also took the #16 spot in our “Best General Economics Schools in Minnesota” ranking. It costs about $17,038 for Minnesota General Economics 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%.

Full Hamline General Economics Report

#17

Augsburg University

Minneapolis, Minnesota

Augsburg University did quite well in the 2022 Best Value General Economics Schools in Minnesota For Those Making $0-$30k ranking, coming in at #17. Augsburg University is a private not-for-profit institution located in Minneapolis, Minnesota. The school has a small population, and it awarded 6 ’s degrees in 2019-2020.

Augsburg did well in our major quality rankings, too. It placed #11 on our “Best General Economics Schools in Minnesota” list. The estimated yearly cost for Augsburg University is $21,179 for Minnesota General Economics students whose families make $0-$30k.

Read full report on General Economics at Augsburg

#18

Bethel University Minnesota

Saint Paul, Minnesota

Bethel University Minnesota did quite well in the 2022 Best Value General Economics Schools in Minnesota For Those Making $0-$30k ranking, coming in at #18. Bethel University Minnesota is a private not-for-profit institution located in Saint Paul, Minnesota. The school has a small population, and it awarded 5 ’s degrees in 2019-2020.

Bethel University Minnesota also made our “Best General Economics Schools in Minnesota” list, coming in at #14. The estimated yearly cost for Bethel University Minnesota is $18,396 for Minnesota General Economics students whose families make $0-$30k.

Students who start out at the school are likely to stick around. The freshman retention rate is 85%. The school has an impressive student loan default rate. It’s only 3.0%, which is much lower than the national rate of 10.1%.

Read full report on General Economics at Bethel University Minnesota

#19

University of St Thomas Minnesota

Saint Paul, Minnesota

University of St Thomas Minnesota landed the #19 spot on the 2022 Best Value General Economics Schools in Minnesota For Those Making $0-$30k ranking. This medium-sized school is located in Saint Paul, Minnesota, and it awarded 37 ’s general economics degrees in 2019-2020.

As a testament to the quality of education offered at UST MN, the school also landed the #7 spot in our “Best General Economics Schools in Minnesota” ranking. The estimated yearly cost for University of St Thomas Minnesota is $27,460 for Minnesota General Economics students whose families make $0-$30k.

Students who start out at the school are likely to stick around. The freshman retention rate is 87%. 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%.

Full UST MN General Economics Report

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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