2022 Best Value General Business Schools for a Bachelor’s in Minnesota For Those Making $30-$48k

When pursuing a degree in today’s world, students have many different options to choose from. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value General Business Schools for a Bachelor’s in Minnesota For Those Making $30-$48k” ranking is one tool we have developed to help in this regard.

General Business/Commerce is the 13th most popular major in the country with 55,749 degrees awarded in 2019-2020. In 2017-2018, general business/commerce graduates who were awarded their degree in 2015-2017, earned an average of $40,821 and had an average of $25,596 in loans still to pay off.

Across Minnesota, there were 550 general business/commerce graduates with average earnings and debt of $46,378 and $39,463 respectively. At the bachelor’s degree level specifically, there were 57 general business/commerce graduates with average earnings and debt of $40,526 and $26,035 respectively.

This year’s “Best Value General Business Schools for a Bachelor’s in Minnesota For Those Making $30-$48k” ranking looked at 3 colleges that offer degrees in a bachelor’s in general business/commerce. Not only do the schools that top this list have excellent general business/commerce programs, but they also cost less that schools of similar quality.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the general business/commerce program at the school. Check out our ranking methodology for more information.

One Size Does Not Fit All

The general business 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 Value General Business Schools for a Bachelor’s in Minnesota For Those Making $30-$48k”.

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 when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

Best Value General Business Schools for a Bachelor’s in Minnesota For Those Making $30-$48k

The colleges and universities below are the best for minnesota bachelor’s degree general business students whose families make $30-$48k.

Top 3 Best Value Bachelor’s Degree Colleges for General Business/Commerce (Income $30-$48k) in Minnesota

#1

Saint Cloud State University

Saint Cloud, Minnesota

#3 in overall quality

$11,274 Average Net Price

Out of the 3 schools in the Best Value General Business Schools for a Bachelor’s in Minnesota For Those Making $30-$48k that were part of this year’s ranking, Saint Cloud State University landed the #1 spot on the list. Saint Cloud, Minnesota is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s general business degrees to 14 students in 2019-2020.

As a testament to the quality of education offered at St. Cloud State University, the school also landed the #3 spot in our “Best General Business/Commerce Bachelor’s Degree Schools in Minnesota” ranking. It costs about $11,274 for Minnesota Bachelor’s Degree General Business students whose families make $30-$48k per year to attend St. Cloud State University.

Full St. Cloud State University General Business/Commerce Report

#2

Gustavus Adolphus College

Saint Peter, Minnesota

#1 in overall quality

$11,669 Average Net Price

$46,999 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Gustavus Adolphus College. The school came in at #2 for the Best Value General Business Schools for a Bachelor’s in Minnesota For Those Making $30-$48k. Gustavus Adolphus is located in Saint Peter, Minnesota and, has a small student population. In 2019-2020, this school awarded 42 bachelors’s general business degrees to qualified students.

As a testament to the quality of education offered at Gustavus Adolphus, the school also landed the #1 spot in our “Best General Business/Commerce Bachelor’s Degree Schools in Minnesota” ranking. The estimated yearly cost for Gustavus Adolphus College is $11,669 for Minnesota Bachelor’s Degree General Business students whose families make $30-$48k.

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%.

Read more about General Business/Commerce at Gustavus Adolphus College

#3

The College of Saint Scholastica

Duluth, Minnesota

#2 in overall quality

$22,004 Average Net Price

You’ll join some of the best and brightest minds around if you attend The College of Saint Scholastica. The school came in at #3 for the Best Value General Business Schools for a Bachelor’s in Minnesota For Those Making $30-$48k. The College of Saint Scholastica is located in Duluth, Minnesota and, has a small student population. In 2019-2020, this school awarded 1 bachelors’s general business degrees to qualified students.

St. Scholastica did well in our major quality rankings, too. It placed #2 on our “Best General Business/Commerce Bachelor’s Degree Schools in Minnesota” list. The estimated yearly cost for St. Scholastica is $22,004 for minnesota bachelor’s degree general business students whose families make $30-$48k.

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%.

Read more about General Business/Commerce at The College of Saint Scholastica

• Best Value Bachelor’s Degree Colleges for General Business/Commerce (Income $30-$48k) in the Plains States Region
• Best Value Bachelor’s Degree Colleges for General Business/Commerce (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 U.S. Consulate General Munich.

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