2022 Best Value Economics Schools for a Master’s in Minnesota For Those Making $48-$75k

It’s not easy to decide which college to attend when there so many options available for students. 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 Master’s in Minnesota For Those Making $48-$75k” 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 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 $48-$75k” ranking analyzed 3 colleges that offered a degree in economics. This ranking identifies schools with high-quality economics programs that also have a lower cost than schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the economics program at the school and the cost to attend the school once aid has been awarded. For more information, check out our ranking methodology.

One Size Does Not Fit All

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 Master’s in Minnesota For Those Making $48-$75k” list to help you make the college decision.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value Economics Schools for a Master’s in Minnesota For Those Making $48-$75k

The following schools top our list of the Best Best Value Economics Schools for a Master’s in Minnesota For Those Making $48-$75k.

Top 3 Best Value Master’s Degree Colleges for Economics (Income $48-$75k) 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 $48-$75k. Located in Minneapolis, Minnesota, this large public school handed out 8 degrees to qualified masters’s economics students in 2019-2020.

As a testament to the quality of education offered at UMN Twin Cities, the school also landed the #1 spot in our “Best Economics Master’s Degree Schools in Minnesota” ranking. 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 full report on Economics at UMN Twin Cities

#2

Saint Cloud State University

Saint Cloud, Minnesota

$12,904 Avg Grad Tuition & Fees

Out of the 3 schools in the Best Value Economics Schools for a Master’s in Minnesota For Those Making $48-$75k that were part of this year’s ranking, Saint Cloud State University landed the #2 spot on the list. This fairly large school is located in Saint Cloud, Minnesota, and it awarded 3 masters’s economics degrees in 2019-2020.

As a testament to the quality of education offered at St. Cloud State University, the school also landed the #0 spot in our “Best Economics Master’s Degree Schools in Minnesota” ranking. Average graduate tuition and fees at Saint Cloud State University are $12,904, but you may pay more or less depending on your major.

Read full report on 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

You’ll be in good company if you decide to attend Saint Mary’s University of Minnesota. It ranked #3 on our 2022 Best Value Economics Schools for a Master’s in Minnesota For Those Making $48-$75k 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.

SMU MN also made our “Best Economics Master’s Degree Schools in Minnesota” list, coming in at #2. Although you might pay more or less depending on your area of study, average graduate tuition and fees at SMU MN are $10,260.

Full SMU MN Economics Report

• Best Value Master’s Degree Colleges for Economics (Income $48-$75k) in the Plains States Region
• Best Value Master’s Degree Colleges for Economics (Income $48-$75k)

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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