2022 Best Value Economics Schools in Minnesota For Those Making $75-$110k
With all of the options students have for higher education today, it can be tough to choose which direction to take. 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 in Minnesota For Those Making $75-$110k” 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.
For this year’s “Best Value Economics Schools in Minnesota For Those Making $75-$110k” ranking, we looked at 21 colleges that offer a degree in economics. The schools that top this list are recognized because they have great economics programs and 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. Check out our ranking methodology for more information.
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Best Value Economics Schools in Minnesota For Those Making $75-$110k
The colleges and universities below are the best for minnesota economics students whose families make $75-$110k.
Top 21 Best Value Colleges for Economics (Income $75-$110k) in Minnesota
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 in Minnesota For Those Making $75-$110k. UMN Twin Cities is a large public school situated in Minneapolis, Minnesota. It awarded 413 ’s economics degrees in 2019-2020.
UMN Twin Cities also made our “Best Economics Schools in Minnesota” list, coming in at #3. The estimated yearly cost for UMN Twin Cities is $19,942 for minnesota economics students whose families make $75-$110k.
The school has an excellent freshman retention rate of 93%, 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 2.2%, which is much lower than the national rate of 10.1%.
Out of the 21 schools in the Best Value Economics Schools in Minnesota For Those Making $75-$110k that were part of this year’s ranking, St Olaf College landed the #2 spot on the list. Northfield, Minnesota is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s economics degrees to 107 students in 2019-2020.
St. Olaf also made our “Best Economics Schools in Minnesota” list, coming in at #2. The estimated yearly cost for St. Olaf is $22,977 for Minnesota Economics students whose families make $75-$110k.
Students who start out at the school are likely to stick around. The freshman retention rate is 91%. 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 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 Economics Schools in Minnesota For Those Making $75-$110k. Morris, Minnesota is the setting for this small institution of higher learning. The public school handed out ’s economics degrees to 15 students in 2019-2020.
As a testament to the quality of education offered at UMN Morris, the school also landed the #11 spot in our “Best Economics Schools in Minnesota” ranking. The yearly cost to attend University of Minnesota - Morris is $13,194 for minnesota economics students whose families make $75-$110k.
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%.
Out of the 21 schools in the Best Value Economics Schools in Minnesota For Those Making $75-$110k that were part of this year’s ranking, Carleton College landed the #4 spot on the list. Carleton College is a small private not-for-profit school situated in Northfield, Minnesota. It awarded 45 ’s economics degrees in 2019-2020.
Carleton also took the #1 spot in our “Best Economics Schools in Minnesota” ranking. The estimated yearly cost for Carleton is $23,290 for minnesota economics students whose families make $75-$110k.
With a freshman retention rate of 94%, the school does an excellent job of retaining its students. The low student loan default rate of 1.3% 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%. The student-to-faculty ratio of 8 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
You’ll join some of the best and brightest minds around if you attend Macalester College. The school came in at #5 for the Best Value Economics Schools in Minnesota For Those Making $75-$110k. Located in Saint Paul, Minnesota, this small private not-for-profit school handed out 55 degrees to qualified ’s economics students in 2019-2020.
Macalester not only placed well in this ranking. It is also #4 on our “Best Economics Schools in Minnesota” list. The yearly cost to attend Macalester College is $26,382 for Minnesota Economics students whose families make $75-$110k.
Students who start out at the school are likely to stick around. The freshman retention rate is 90%. The impressive student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. 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%.
Bemidji State University landed the #6 spot on the 2022 Best Value Economics Schools in Minnesota For Those Making $75-$110k ranking. Located in Bemidji, Minnesota, this small public school awarded 2 degrees to qualified ’s economics students in 2019-2020.
In addition to being on our minnesota economics students whose families make $75-$110k list, Bemidji State University has also earned the #14 rank in our “Best Economics Schools in Minnesota” ranking. The estimated yearly cost for Bemidji State University is $18,280 for Minnesota Economics students whose families make $75-$110k.
With a ranking of #7, Minnesota State University - Mankato did quite well on the 2022 Best Value Economics Schools in Minnesota For Those Making $75-$110k list. Minnesota State Mankato is located in Mankato, Minnesota and, has a fairly large student population. In 2019-2020, this school awarded 25 ’s economics degrees to qualified students.
Minnesota State Mankato also took the #10 spot in our “Best Economics Schools in Minnesota” ranking. The estimated yearly cost for Minnesota State Mankato is $18,312 for Minnesota Economics students whose families make $75-$110k.
The student loan default rate at the school is 4.4%, which is quite low when compared to the national default rate of 10.1%.
Read more about Economics at Minnesota State University - Mankato
University of Minnesota - Duluth landed the #8 spot on the 2022 Best Value Economics Schools in Minnesota For Those Making $75-$110k ranking. Duluth, Minnesota is the setting for this fairly large institution of higher learning. The public school handed out ’s economics degrees to 27 students in 2019-2020.
UMN Duluth did well in our major quality rankings, too. It placed #9 on our “Best Economics Schools in Minnesota” list. It costs about $19,042 for minnesota economics students whose families make $75-$110k per year to attend University of Minnesota - Duluth.
The low student loan default rate of 3.1% 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%.
Saint Cloud State University did quite well in the 2022 Best Value Economics Schools in Minnesota For Those Making $75-$110k ranking, coming in at #9. St. Cloud State University is located in Saint Cloud, Minnesota and, has a fairly large student population. In 2019-2020, this school awarded 11 ’s economics degrees to qualified students.
In addition to being on our minnesota economics students whose families make $75-$110k list, St. Cloud State University has also earned the #19 rank in our “Best Economics Schools in Minnesota” ranking. The yearly cost to attend St. Cloud State University is $17,307 for Minnesota Economics students whose families make $75-$110k.
Read full report on Economics at Saint Cloud State University
Winona State University ranked #10 on this year’s Best Value Economics Schools in Minnesota For Those Making $75-$110k list. This medium-sized school is located in Winona, Minnesota, and it awarded 5 ’s economics degrees in 2019-2020.
Winona State also made our “Best Economics Schools in Minnesota” list, coming in at #18. The estimated yearly cost for Winona State University is $18,682 for Minnesota Economics students whose families make $75-$110k.
The student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%.
With a ranking of #11, Minnesota State University - Moorhead did quite well on the 2022 Best Value Economics Schools in Minnesota For Those Making $75-$110k list. Moorhead, Minnesota is the setting for this medium-sized institution of higher learning. The public school handed out ’s economics degrees to 7 students in 2019-2020.
MSU Moorhead also took the #16 spot in our “Best Economics Schools in Minnesota” ranking. The yearly cost to attend MSU Moorhead is $19,300 for Minnesota Economics students whose families make $75-$110k.
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 full report on Economics at Minnesota State University - Moorhead
St Catherine University came in at #12 in this year’s edition of the Best Value Economics Schools in Minnesota For Those Making $75-$110k ranking. Located in Saint Paul, Minnesota, this small private not-for-profit school awarded 11 diplomas to qualified ’s economics students in 2019-2020.
In addition to being on our minnesota economics students whose families make $75-$110k list, St. Kate’s has also earned the #13 rank in our “Best Economics Schools in Minnesota” ranking. It costs about $21,026 for minnesota economics students whose families make $75-$110k per year to attend St. Kate’s.
The school has an impressive student loan default rate. It’s only 2.7%, which is much lower than the national rate of 10.1%.
Saint Johns University came in at #13 in this year’s edition of the Best Value Economics Schools in Minnesota For Those Making $75-$110k ranking. This small school is located in Collegeville, Minnesota, and it awarded 33 ’s economics degrees in 2019-2020.
In addition to being on our minnesota economics students whose families make $75-$110k list, SJU has also earned the #6 rank in our “Best Economics Schools in Minnesota” ranking. The estimated yearly cost for SJU is $24,177 for Minnesota Economics students whose families make $75-$110k.
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%.
With a ranking of #14, College of Saint Benedict did quite well on the 2022 Best Value Economics Schools in Minnesota For Those Making $75-$110k list. Saint Joseph, Minnesota is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s economics degrees to 10 students in 2019-2020.
As a testament to the quality of education offered at CSB, the school also landed the #5 spot in our “Best Economics Schools in Minnesota” ranking. The yearly cost to attend College of Saint Benedict is $25,952 for Minnesota Economics students whose families make $75-$110k.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 89%.
Gustavus Adolphus College landed the #15 spot on the 2022 Best Value Economics Schools in Minnesota For Those Making $75-$110k ranking. Located in Saint Peter, Minnesota, this small private not-for-profit school handed out 24 degrees to qualified ’s economics students in 2019-2020.
Gustavus Adolphus also made our “Best Economics Schools in Minnesota” list, coming in at #7. The yearly cost to attend Gustavus Adolphus College is $20,755 for Minnesota Economics students whose families make $75-$110k.
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%. With a freshman retention rate of 88%, the school does an excellent job of retaining its students.
Saint Mary’s University of Minnesota did quite well in the 2022 Best Value Economics Schools in Minnesota For Those Making $75-$110k ranking, coming in at #16. SMU MN is a private not-for-profit institution located in Winona, Minnesota. The school has a medium-sized population, and it awarded 13 ’s degrees in 2019-2020.
SMU MN also made our “Best Economics Schools in Minnesota” list, coming in at #21. The estimated yearly cost for SMU MN is $20,759 for minnesota economics students whose families make $75-$110k.
The student loan default rate at the school is 3.1%, which is quite low when compared to the national default rate of 10.1%.
Hamline University landed the #17 spot on the 2022 Best Value Economics Schools in Minnesota For Those Making $75-$110k ranking. This small school is located in Saint Paul, Minnesota, and it awarded 7 ’s economics degrees in 2019-2020.
Hamline also took the #17 spot in our “Best Economics Schools in Minnesota” ranking. The yearly cost to attend Hamline is $22,880 for minnesota economics students whose families make $75-$110k.
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%.
Metropolitan State University did quite well in the 2022 Best Value Economics Schools in Minnesota For Those Making $75-$110k ranking, coming in at #18. Saint Paul, Minnesota is the setting for this medium-sized institution of higher learning. The public school handed out ’s economics degrees to 7 students in 2019-2020.
Metro State also took the #20 spot in our “Best Economics Schools in Minnesota” ranking. The estimated yearly cost for Metropolitan State University is $20,003 for Minnesota Economics students whose families make $75-$110k.
Read full report on Economics at Metropolitan State University
Augsburg University landed the #19 spot on the 2022 Best Value Economics Schools in Minnesota For Those Making $75-$110k ranking. Located in Minneapolis, Minnesota, this small private not-for-profit school awarded 22 degrees to qualified ’s economics students in 2019-2020.
In addition to being on our minnesota economics students whose families make $75-$110k list, Augsburg has also earned the #12 rank in our “Best Economics Schools in Minnesota” ranking. It costs about $25,370 for Minnesota Economics students whose families make $75-$110k per year to attend Augsburg University.
University of St Thomas Minnesota came in at #20 in this year’s edition of the Best Value Economics Schools in Minnesota For Those Making $75-$110k 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 ’s degrees in 2019-2020.
In addition to being on our minnesota economics students whose families make $75-$110k list, UST MN has also earned the #8 rank in our “Best Economics Schools in Minnesota” ranking. It costs about $28,674 for Minnesota Economics students whose families make $75-$110k per year to attend UST MN.
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%.
Read more about Economics at University of St Thomas Minnesota
Bethel University Minnesota came in at #21 in this year’s edition of the Best Value Economics Schools in Minnesota For Those Making $75-$110k ranking. 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 did well in our major quality rankings, too. It placed #15 on our “Best Economics Schools in Minnesota” list. The yearly cost to attend Bethel University Minnesota is $24,638 for minnesota economics students whose families make $75-$110k.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 85%.
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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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