2024 Best Value Stats Schools in Minnesota
2
Ranked Colleges
275
Degrees Awarded
$23,400
Avg Net Price*
When pursuing a degree in today’s world, students have many different options to choose from. College Factual has developed its “Best Value Stats Schools in Minnesota” ranking as one item you can use to help make this decision.
In 2020-2021, 9,979 people earned their degree in statistics, making the major the 85th most popular in the United States. In 2019-2020, statistics graduates who were awarded their degree in 2017-2019, earned an average of $62,014 and had an average of $20,584 in loans still to pay off.
Across Minnesota, there were 275 statistics graduates with average earnings and debt of $49,467 and $22,750 respectively.
This year’s “Best Value Stats Schools in Minnesota” ranking analyzed 2 colleges that offered a degree in statistics. Not only do the schools that top this list have excellent statistics 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 statistics 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
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 Stats Schools in Minnesota” list to help you make the college decision.
In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.
Best Value Stats Schools in Minnesota
The colleges and universities below are the best for minnesota stats students.
Top 2 Best Value Colleges for Statistics in Minnesota
Out of the 2 schools in the Best Value Stats Schools in Minnesota that were part of this year’s ranking, University of Minnesota - Twin Cities landed the #1 spot on the list. UMN Twin Cities is a large school located in Minneapolis, Minnesota that handed out 153 ’s stats degrees in 2020-2021.
As a testament to the quality of education offered at UMN Twin Cities, the school also landed the #1 spot in our “Best Statistics Schools in Minnesota” ranking. The yearly cost to attend University of Minnesota - Twin Cities is $17,878 for minnesota stats students.
With a freshman retention rate of 92%, the school does an excellent job of retaining its undergraduate students. The low undergrad student loan default rate of 1.7% 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%.
Full University of Minnesota - Twin Cities Statistics Report
You’ll be in good company if you decide to attend Carleton College. It ranked #2 on our 2024 Best Value Stats Schools in Minnesota list. Carleton is a private not-for-profit institution located in Northfield, Minnesota. The school has a small population, and it awarded 20 ’s degrees in 2020-2021.
Carleton also made our “Best Statistics Schools in Minnesota” list, coming in at #2. The yearly cost to attend Carleton College is $28,928 for minnesota stats students.
The low undergrad student loan default rate of 0.8% 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 undergraduate 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. With a freshman retention rate of 95%, the school does an excellent job of retaining its undergraduate students.
Full Carleton College Statistics Report
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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
- *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 QWFP.
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