2022 Best Value Master’s Degree Colleges for Economics (Income $30-$48k) in Minnesota

It’s not easy to decide which college to attend when there so many options available for students. College Factual has developed its “Best Value Economics Schools for a Master’s in Minnesota For Those Making $30-$48k” ranking as one item you can use to help make this decision.

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 master’s degree level specifically, there were 24 economics graduates with average earnings and debt of $55,396 and $40,953 respectively.

This year’s “Best Value Economics Schools for a Master’s in Minnesota For Those Making $30-$48k” ranking looked at 3 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.

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

One Size Does Not Fit All

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Economics Schools for a Master’s in Minnesota For Those Making $30-$48k” ranking, along with many other major-related rankings, to help you make that decision.

We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most 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 Economics Schools for a Master’s in Minnesota For Those Making $30-$48k

The following schools top our list of the Best Best Value Economics Schools for a Master’s in Minnesota For Those Making $30-$48k.

Top 3 Best Value Master’s Degree Colleges for Economics (Income $30-$48k) in Minnesota

#1

University of Minnesota - Twin Cities

Minneapolis, Minnesota

#1 in overall quality

$28,845 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend University of Minnesota - Twin Cities. The school came in at #1 for the Best Value Economics Schools for a Master’s in Minnesota For Those Making $30-$48k. University of Minnesota - Twin Cities is a large public school situated in Minneapolis, Minnesota. It awarded 8 masters’s economics degrees in 2019-2020.

UMN Twin Cities did well in our major quality rankings, too. It placed #1 on our “Best Economics Master’s Degree Schools in Minnesota” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UMN Twin Cities are $28,845.

Read more about Economics at University of Minnesota - Twin Cities

#2

Saint Cloud State University

Saint Cloud, Minnesota

$12,904 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend Saint Cloud State University. It ranked #2 on our 2022 Best Value Economics Schools for a Master’s in Minnesota For Those Making $30-$48k list. Saint Cloud State University is located in Saint Cloud, Minnesota and, has a fairly large student population. In 2019-2020, this school awarded 3 masters’s economics degrees to qualified students.

St. Cloud State University not only placed well in this ranking. It is also #0 on our “Best Economics Master’s Degree Schools in Minnesota” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at St. Cloud State University are $12,904.

Read more about Economics at Saint Cloud State University

#3

Saint Mary's University of Minnesota

Winona, Minnesota

#2 in overall quality

$10,260 Avg Grad Tuition & Fees

Out of the 3 schools in the Best Value Economics Schools for a Master’s in Minnesota For Those Making $30-$48k that were part of this year’s ranking, Saint Mary’s University of Minnesota landed the #3 spot on the list. Saint Mary’s University of Minnesota is a medium-sized school located in Winona, Minnesota that handed out 13 masters’s economics degrees in 2019-2020.

As a testament to the quality of education offered at SMU MN, the school also landed the #2 spot in our “Best Economics Master’s Degree Schools in Minnesota” ranking. Average graduate tuition and fees at Saint Mary’s University of Minnesota are $10,260, but some majors have different tuition rates.

Read more about Economics at SMU MN

• Best Value Master’s Degree Colleges for Economics (Income $30-$48k) in the Plains States Region
• Best Value Master’s Degree Colleges for Economics (Income $30-$48k)

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.

Featured Economics Schools

Request Info

Southern New Hampshire University You have goals. Southern New Hampshire University can help you get there. Whether you need a bachelor's degree to get into a career or want a master's degree to move up in your current career, SNHU has an online program for you. Find your degree from over 200 online programs ... Learn More >