2022 Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $30-$48k
When pursuing a degree in today’s world, students have many different options to choose from. 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 Economics Schools for a Bachelor’s in Minnesota For Those Making $30-$48k” ranking is part of that endeavor.
Economics is the 18th most popular major in the country with 48,831 degrees awarded in 2019-2020. In 2017-2018, economics graduates who were awarded their degree in 2015-2017, earned an average of $47,295 and had an average of $21,978 in loans still to pay off.
Across Minnesota, there were 891 economics graduates with average earnings and debt of $48,580 and $22,420 respectively. At the bachelor’s degree level specifically, there were 838 economics graduates with average earnings and debt of $40,526 and $26,035 respectively.
This year’s “Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $30-$48k” ranking looked at 20 colleges that offer degrees in a bachelor’s in economics. Not only do the schools that top this list have excellent 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 economics program at the school. See our ranking methodology to learn more.
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When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $30-$48k” list to help you make the college decision.
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 when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.
Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $30-$48k
The colleges and universities below are the best for minnesota bachelor’s degree economics students whose families make $30-$48k.
Top 20 Best Value Bachelor’s Degree Colleges for Economics (Income $30-$48k) in Minnesota
You’ll join some of the best and brightest minds around if you attend University of Minnesota - Morris. The school came in at #1 for the Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $30-$48k. Morris, Minnesota is the setting for this small institution of higher learning. The public school handed out bachelors’s economics degrees to 15 students in 2019-2020.
UMN Morris did well in our major quality rankings, too. It placed #11 on our “Best Economics Bachelor’s Degree Schools in Minnesota” list. The estimated yearly cost for UMN Morris is $3,435 for minnesota bachelor’s degree economics students whose families make $30-$48k.
The low student loan default rate of 2.9% 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%.
Out of the 20 schools in the Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $30-$48k 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 public institution located in Minneapolis, Minnesota. The school has a large population, and it awarded 376 bachelors’s degrees in 2019-2020.
UMN Twin Cities did well in our major quality rankings, too. It placed #3 on our “Best Economics Bachelor’s Degree Schools in Minnesota” list. It costs about $8,418 for minnesota bachelor’s degree economics students whose families make $30-$48k per year to attend University of Minnesota - 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%.
Read full report on Economics at University of Minnesota - Twin Cities
You’ll be in good company if you decide to attend St Olaf College. It ranked #3 on our 2022 Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $30-$48k list. St. Olaf is located in Northfield, Minnesota and, has a small student population. In 2019-2020, this school awarded 107 bachelors’s economics degrees to qualified students.
As a testament to the quality of education offered at St. Olaf, the school also landed the #2 spot in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. The yearly cost to attend St. Olaf is $12,276 for minnesota bachelor’s degree economics students whose families make $30-$48k.
The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year. 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%.
You’ll be in good company if you decide to attend Macalester College. It ranked #4 on our 2022 Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $30-$48k list. Located in Saint Paul, Minnesota, this small private not-for-profit school awarded 55 diplomas to qualified bachelors’s economics students in 2019-2020.
In addition to being on our minnesota bachelor’s degree economics students whose families make $30-$48k list, Macalester has also earned the #4 rank in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. The estimated yearly cost for Macalester College is $14,047 for minnesota bachelor’s degree economics students whose families make $30-$48k.
The low student loan default rate of 0.9% 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 90%, the school does an excellent job of retaining its students. The student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
Out of the 20 schools in the Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $30-$48k that were part of this year’s ranking, Carleton College landed the #5 spot on the list. Located in Northfield, Minnesota, this small private not-for-profit school handed out 45 diplomas to qualified bachelors’s economics students in 2019-2020.
As a testament to the quality of education offered at Carleton, the school also landed the #1 spot in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. The yearly cost to attend Carleton is $9,358 for minnesota bachelor’s degree economics students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 1.3%, which is much lower than the national rate of 10.1%. With a student-to-faculty ratio of 8 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year.
With a ranking of #6, University of Minnesota - Duluth did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $30-$48k list. Located in Duluth, Minnesota, this fairly large public school awarded 27 diplomas to qualified bachelors’s economics students in 2019-2020.
UMN Duluth not only placed well in this ranking. It is also #9 on our “Best Economics Bachelor’s Degree Schools in Minnesota” list. It costs about $7,992 for minnesota bachelor’s degree economics students whose families make $30-$48k 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%.
Bemidji State University did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $30-$48k ranking, coming in at #7. Bemidji, Minnesota is the setting for this small institution of higher learning. The public school handed out bachelors’s economics degrees to 2 students in 2019-2020.
In addition to being on our minnesota bachelor’s degree economics students whose families make $30-$48k list, Bemidji State University has also earned the #14 rank in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. The yearly cost to attend Bemidji State University is $11,658 for Minnesota Bachelor’s Degree Economics students whose families make $30-$48k.
Minnesota State University - Mankato landed the #8 spot on the 2022 Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $30-$48k ranking. Minnesota State Mankato is a fairly large school located in Mankato, Minnesota that handed out 25 bachelors’s economics degrees in 2019-2020.
Minnesota State Mankato also took the #10 spot in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. The yearly cost to attend Minnesota State University - Mankato is $11,781 for Minnesota Bachelor’s Degree Economics students whose families make $30-$48k.
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%.
Read full report on Economics at Minnesota State University - Mankato
Saint Johns University came in at #9 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $30-$48k ranking. SJU is a small private not-for-profit school situated in Collegeville, Minnesota. It awarded 33 bachelors’s economics degrees in 2019-2020.
SJU also made our “Best Economics Bachelor’s Degree Schools in Minnesota” list, coming in at #6. The estimated yearly cost for SJU is $15,628 for Minnesota Bachelor’s Degree Economics students whose families make $30-$48k.
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%.
Saint Cloud State University landed the #10 spot on the 2022 Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $30-$48k ranking. St. Cloud State University is a public institution located in Saint Cloud, Minnesota. The school has a fairly large population, and it awarded 8 bachelors’s degrees in 2019-2020.
St. Cloud State University not only placed well in this ranking. It is also #20 on our “Best Economics Bachelor’s Degree Schools in Minnesota” list. It costs about $11,274 for Minnesota Bachelor’s Degree Economics students whose families make $30-$48k per year to attend Saint Cloud State University.
Gustavus Adolphus College landed the #11 spot on the 2022 Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $30-$48k ranking. Saint Peter, Minnesota is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 24 students in 2019-2020.
Gustavus Adolphus also made our “Best Economics Bachelor’s Degree Schools in Minnesota” list, coming in at #7. It costs about $11,669 for minnesota bachelor’s degree economics students whose families make $30-$48k per year to attend Gustavus Adolphus College.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 88%.
College of Saint Benedict did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $30-$48k ranking, coming in at #12. College of Saint Benedict is a small private not-for-profit school situated in Saint Joseph, Minnesota. It awarded 10 bachelors’s economics degrees in 2019-2020.
CSB also took the #5 spot in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. The estimated yearly cost for CSB is $17,956 for minnesota bachelor’s degree economics students whose families make $30-$48k.
The school has an excellent freshman retention rate of 89%, 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 0.9%, which is much lower than the national rate of 10.1%.
Winona State University landed the #13 spot on the 2022 Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $30-$48k ranking. Winona State University is located in Winona, Minnesota and, has a medium-sized student population. In 2019-2020, this school awarded 5 bachelors’s economics degrees to qualified students.
Winona State also made our “Best Economics Bachelor’s Degree Schools in Minnesota” list, coming in at #18. It costs about $13,606 for minnesota bachelor’s degree economics students whose families make $30-$48k per year to attend Winona State.
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%.
Minnesota State University - Moorhead did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $30-$48k ranking, coming in at #14. This medium-sized school is located in Moorhead, Minnesota, and it awarded 7 bachelors’s economics degrees in 2019-2020.
In addition to being on our minnesota bachelor’s degree economics students whose families make $30-$48k list, MSU Moorhead has also earned the #16 rank in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. The yearly cost to attend Minnesota State University - Moorhead is $12,279 for minnesota bachelor’s degree economics students whose families make $30-$48k.
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%.
St Catherine University landed the #15 spot on the 2022 Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $30-$48k ranking. St. Kate’s is located in Saint Paul, Minnesota and, has a small student population. In 2019-2020, this school awarded 11 bachelors’s economics degrees to qualified students.
St. Kate’s also took the #13 spot in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. The estimated yearly cost for St. Kate’s is $17,569 for minnesota bachelor’s degree economics students whose families make $30-$48k.
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%.
With a ranking of #16, Metropolitan State University did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $30-$48k list. Located in Saint Paul, Minnesota, this medium-sized public school awarded 7 degrees to qualified bachelors’s economics students in 2019-2020.
Metro State also took the #19 spot in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. The estimated yearly cost for Metro State is $14,812 for Minnesota Bachelor’s Degree Economics students whose families make $30-$48k.
Hamline University did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $30-$48k ranking, coming in at #17. Hamline is a private not-for-profit institution located in Saint Paul, Minnesota. The school has a small population, and it awarded 7 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at Hamline, the school also landed the #17 spot in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. The estimated yearly cost for Hamline is $18,298 for Minnesota Bachelor’s Degree Economics students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 3.3%, which is much lower than the national rate of 10.1%.
Augsburg University did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $30-$48k ranking, coming in at #18. Minneapolis, Minnesota is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 22 students in 2019-2020.
In addition to being on our minnesota bachelor’s degree economics students whose families make $30-$48k list, Augsburg has also earned the #12 rank in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. It costs about $21,545 for minnesota bachelor’s degree economics students whose families make $30-$48k per year to attend Augsburg University.
Bethel University Minnesota landed the #19 spot on the 2022 Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $30-$48k ranking. Bethel University Minnesota is a small private not-for-profit school situated in Saint Paul, Minnesota. It awarded 5 bachelors’s economics degrees in 2019-2020.
Bethel University Minnesota did well in our major quality rankings, too. It placed #15 on our “Best Economics Bachelor’s Degree Schools in Minnesota” list. The estimated yearly cost for Bethel University Minnesota is $19,525 for minnesota bachelor’s degree economics students whose families make $30-$48k.
The low student loan default rate of 3.0% 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%. With a freshman retention rate of 85%, the school does an excellent job of retaining its students.
University of St Thomas Minnesota came in at #20 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $30-$48k ranking. 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 46 bachelors’s degrees in 2019-2020.
UST MN also took the #8 spot in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. The yearly cost to attend UST MN is $26,365 for Minnesota Bachelor’s Degree Economics students whose families make $30-$48k.
The student loan default rate at the school is 2.1%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 87%, the school does an excellent job of retaining its students.
Read full report on Economics at University of St Thomas 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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- Credit for the banner image above goes to pixabay.
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