2022 Best Value Colleges for Economics (Income Over $110k) in Minnesota
It’s not easy to decide which college to attend when there so many options available for students. One of our goals at College Factual is to give you as much information as we can - such as our “Best Vallue Economics Schools in Minnesota For Those Making Over $110k” ranking - to help you make that 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.
This year’s “Best Vallue Economics Schools in Minnesota For Those Making Over $110k” ranking looked at 21 colleges that offer degrees in a bachelor’s in economics. The schools that top this list are recognized because they have great economics programs and cost less that 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. Check out our ranking methodology for more information.
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The 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 Vallue Economics Schools in Minnesota For Those Making Over $110k”.
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 by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.
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Best Vallue Economics Schools in Minnesota For Those Making Over $110k
The colleges and universities below are the best for minnesota economics students whose families make more than $110k.
Top 21 Best Value Colleges for Economics (Income Over $110k) in Minnesota
You’ll be in good company if you decide to attend University of Minnesota - Morris. It ranked #1 on our 2022 Best Vallue Economics Schools in Minnesota For Those Making Over $110k list. University of Minnesota - Morris is a small school located in Morris, Minnesota that handed out 15 ’s economics degrees in 2019-2020.
UMN Morris also made our “Best Economics Schools in Minnesota” list, coming in at #11. The estimated yearly cost for University of Minnesota - Morris is $11,412 for Minnesota Economics students whose families make more than $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%.
You’ll be in good company if you decide to attend University of Minnesota - Twin Cities. It ranked #2 on our 2022 Best Vallue Economics Schools in Minnesota For Those Making Over $110k list. 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 yearly cost to attend University of Minnesota - Twin Cities is $17,740 for minnesota economics students whose families make more than $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 low student loan default rate of 2.2% 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 21 schools in the Best Vallue Economics Schools in Minnesota For Those Making Over $110k that were part of this year’s ranking, Minnesota State University - Mankato landed the #3 spot on the list. Located in Mankato, Minnesota, this fairly large public school handed out 25 degrees to qualified ’s economics students in 2019-2020.
Minnesota State Mankato not only placed well in this ranking. It is also #10 on our “Best Economics Schools in Minnesota” list. The yearly cost to attend Minnesota State Mankato is $16,221 for minnesota economics students whose families make more than $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
Out of the 21 schools in the Best Vallue Economics Schools in Minnesota For Those Making Over $110k that were part of this year’s ranking, Bemidji State University landed the #4 spot on the list. Located in Bemidji, Minnesota, this small public school handed out 2 degrees to qualified ’s economics students in 2019-2020.
Bemidji State University also took the #14 spot in our “Best Economics Schools in Minnesota” ranking. It costs about $15,868 for Minnesota Economics students whose families make more than $110k per year to attend Bemidji State University.
Out of the 21 schools in the Best Vallue Economics Schools in Minnesota For Those Making Over $110k that were part of this year’s ranking, Saint Cloud State University landed the #5 spot on the list. Located in Saint Cloud, Minnesota, this fairly large public school handed out 11 diplomas to qualified ’s economics students in 2019-2020.
St. Cloud State University also took the #19 spot in our “Best Economics Schools in Minnesota” ranking. It costs about $14,267 for minnesota economics students whose families make more than $110k per year to attend Saint Cloud State University.
Minnesota State University - Moorhead came in at #6 in this year’s edition of the Best Vallue Economics Schools in Minnesota For Those Making Over $110k ranking. Minnesota State University - Moorhead is a medium-sized school located in Moorhead, Minnesota that handed out 7 ’s economics degrees in 2019-2020.
MSU Moorhead also made our “Best Economics Schools in Minnesota” list, coming in at #16. It costs about $16,893 for minnesota economics students whose families make more than $110k per year to attend MSU Moorhead.
The school has an impressive student loan default rate. It’s only 4.5%, which is much lower than the national rate of 10.1%.
Winona State University did quite well in the 2022 Best Vallue Economics Schools in Minnesota For Those Making Over $110k ranking, coming in at #7. Winona, Minnesota is the setting for this medium-sized institution of higher learning. The public school handed out ’s economics degrees to 5 students in 2019-2020.
In addition to being on our minnesota economics students whose families make more than $110k list, Winona State has also earned the #18 rank in our “Best Economics Schools in Minnesota” ranking. The yearly cost to attend Winona State University is $17,656 for minnesota economics students whose families make more than $110k.
The school has an impressive student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%.
University of Minnesota - Duluth did quite well in the 2022 Best Vallue Economics Schools in Minnesota For Those Making Over $110k ranking, coming in at #8. University of Minnesota - Duluth is a fairly large school located in Duluth, Minnesota that handed out 27 ’s economics degrees in 2019-2020.
In addition to being on our minnesota economics students whose families make more than $110k list, UMN Duluth has also earned the #9 rank in our “Best Economics Schools in Minnesota” ranking. The estimated yearly cost for University of Minnesota - Duluth is $17,067 for minnesota economics students whose families make more than $110k.
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%.
Read full report on Economics at University of Minnesota - Duluth
With a ranking of #9, St Catherine University did quite well on the 2022 Best Vallue Economics Schools in Minnesota For Those Making Over $110k list. This small school is located in Saint Paul, Minnesota, and it awarded 11 ’s economics degrees in 2019-2020.
As a testament to the quality of education offered at St. Kate’s, the school also landed the #13 spot in our “Best Economics Schools in Minnesota” ranking. It costs about $19,078 for Minnesota Economics students whose families make more than $110k per year to attend St Catherine University.
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%.
Metropolitan State University came in at #10 in this year’s edition of the Best Vallue Economics Schools in Minnesota For Those Making Over $110k 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.
In addition to being on our minnesota economics students whose families make more than $110k list, Metro State has also earned the #20 rank in our “Best Economics Schools in Minnesota” ranking. It costs about $15,225 for Minnesota Economics students whose families make more than $110k per year to attend Metropolitan State University.
Saint Johns University came in at #11 in this year’s edition of the Best Vallue Economics Schools in Minnesota For Those Making Over $110k ranking. Saint Johns University is located in Collegeville, Minnesota and, has a small student population. In 2019-2020, this school awarded 33 ’s economics degrees to qualified students.
In addition to being on our minnesota economics students whose families make more than $110k list, SJU has also earned the #6 rank in our “Best Economics Schools in Minnesota” ranking. The estimated yearly cost for Saint Johns University is $24,271 for Minnesota Economics students whose families make more than $110k.
The school has an impressive student loan default rate. It’s only 1.2%, which is much lower than the national rate of 10.1%.
Gustavus Adolphus College landed the #12 spot on the 2022 Best Vallue Economics Schools in Minnesota For Those Making Over $110k ranking. Gustavus Adolphus is a small school located in Saint Peter, Minnesota that handed out 24 ’s economics degrees in 2019-2020.
Gustavus Adolphus also made our “Best Economics Schools in Minnesota” list, coming in at #7. It costs about $19,093 for Minnesota Economics students whose families make more than $110k per year to attend Gustavus Adolphus.
Students who start out at the school are likely to stick around. The freshman retention rate is 88%. The low student loan default rate of 1.5% 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%.
College of Saint Benedict ranked #13 on this year’s Best Vallue Economics Schools in Minnesota For Those Making Over $110k list. College of Saint Benedict is a small school located in Saint Joseph, Minnesota that handed out 10 ’s economics degrees in 2019-2020.
In addition to being on our minnesota economics students whose families make more than $110k list, CSB has also earned the #5 rank in our “Best Economics Schools in Minnesota” ranking. It costs about $25,785 for Minnesota Economics students whose families make more than $110k per year to attend College of Saint Benedict.
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 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%.
St Olaf College did quite well in the 2022 Best Vallue Economics Schools in Minnesota For Those Making Over $110k ranking, coming in at #14. St. Olaf is a small school located in Northfield, Minnesota that handed out 107 ’s economics degrees in 2019-2020.
St. Olaf did well in our major quality rankings, too. It placed #2 on our “Best Economics Schools in Minnesota” list. The estimated yearly cost for St Olaf College is $23,543 for minnesota economics students whose families make more than $110k.
The school has an impressive student loan default rate. It’s only 1.0%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year.
Saint Mary’s University of Minnesota came in at #15 in this year’s edition of the Best Vallue Economics Schools in Minnesota For Those Making Over $110k ranking. 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 took the #21 spot in our “Best Economics Schools in Minnesota” ranking. It costs about $19,514 for Minnesota Economics students whose families make more than $110k per year to attend Saint Mary’s University of Minnesota.
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%.
University of St Thomas Minnesota landed the #16 spot on the 2022 Best Vallue Economics Schools in Minnesota For Those Making Over $110k ranking. This medium-sized school is located in Saint Paul, Minnesota, and it awarded 46 ’s economics degrees in 2019-2020.
In addition to being on our minnesota economics students whose families make more than $110k list, UST MN has also earned the #8 rank in our “Best Economics Schools in Minnesota” ranking. The yearly cost to attend UST MN is $29,155 for minnesota economics students whose families make more than $110k.
With a freshman retention rate of 87%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 2.1%, which is much lower than the national rate of 10.1%.
Read full report on Economics at University of St Thomas Minnesota
Hamline University did quite well in the 2022 Best Vallue Economics Schools in Minnesota For Those Making Over $110k ranking, coming in at #17. Hamline is a small school located in Saint Paul, Minnesota that handed out 7 ’s economics degrees in 2019-2020.
Hamline did well in our major quality rankings, too. It placed #17 on our “Best Economics Schools in Minnesota” list. The estimated yearly cost for Hamline is $20,866 for Minnesota Economics students whose families make more than $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%.
Augsburg University came in at #18 in this year’s edition of the Best Vallue Economics Schools in Minnesota For Those Making Over $110k ranking. Augsburg is a private not-for-profit institution located in Minneapolis, Minnesota. The school has a small population, and it awarded 22 ’s degrees in 2019-2020.
Augsburg also made our “Best Economics Schools in Minnesota” list, coming in at #12. The yearly cost to attend Augsburg University is $24,653 for minnesota economics students whose families make more than $110k.
Carleton College landed the #19 spot on the 2022 Best Vallue Economics Schools in Minnesota For Those Making Over $110k ranking. Carleton is a small private not-for-profit school situated in Northfield, Minnesota. It awarded 45 ’s economics degrees in 2019-2020.
In addition to being on our minnesota economics students whose families make more than $110k list, Carleton has also earned the #1 rank in our “Best Economics Schools in Minnesota” ranking. The yearly cost to attend Carleton is $31,133 for Minnesota Economics students whose families make more than $110k.
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. 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%. With a freshman retention rate of 94%, the school does an excellent job of retaining its students.
With a ranking of #20, Bethel University Minnesota did quite well on the 2022 Best Vallue Economics Schools in Minnesota For Those Making Over $110k list. Saint Paul, Minnesota is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s economics degrees to 5 students in 2019-2020.
Bethel University Minnesota not only placed well in this ranking. It is also #15 on our “Best Economics Schools in Minnesota” list. The yearly cost to attend Bethel University Minnesota is $25,191 for minnesota economics students whose families make more than $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%. The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year.
Macalester College landed the #21 spot on the 2022 Best Vallue Economics Schools in Minnesota For Those Making Over $110k ranking. Macalester is a private not-for-profit institution located in Saint Paul, Minnesota. The school has a small population, and it awarded 55 ’s degrees in 2019-2020.
Macalester did well in our major quality rankings, too. It placed #4 on our “Best Economics Schools in Minnesota” list. The yearly cost to attend Macalester is $28,426 for minnesota economics students whose families make more than $110k.
Since the school has a student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors. 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 90%.
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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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