2022 Best Value General Business Schools for a Bachelor’s in Minnesota

When it comes to choosing a college, students have a lot of options - but not all of them are good. 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 General Business Schools for a Bachelor’s in Minnesota” ranking is part of that endeavor.

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” ranking looked at 3 colleges that offer degrees in a bachelor’s in general business/commerce. The schools that top this list are recognized because they have great general business/commerce programs and 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

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 General Business Schools for a Bachelor’s in Minnesota” 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. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value General Business Schools for a Bachelor’s in Minnesota

The colleges and universities below are the best for minnesota bachelor’s degree general business students.

Top 3 Best Value Bachelor’s Degree Colleges for General Business/Commerce in Minnesota

#1

Saint Cloud State University

Saint Cloud, Minnesota

#3 in overall quality

$14,267 Average Net Price

You’ll be in good company if you decide to attend Saint Cloud State University. It ranked #1 on our 2022 Best Value General Business Schools for a Bachelor’s in Minnesota list. Located in Saint Cloud, Minnesota, this fairly large public school awarded 14 degrees to qualified bachelors’s general business 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 $14,267 for Minnesota Bachelor’s Degree General Business students per year to attend St. Cloud State University.

Read more about General Business/Commerce at St. Cloud State University

#2

The College of Saint Scholastica

Duluth, Minnesota

#2 in overall quality

$24,066 Average Net Price

You’ll be in good company if you decide to attend The College of Saint Scholastica. It ranked #2 on our 2022 Best Value General Business Schools for a Bachelor’s in Minnesota list. Duluth, Minnesota is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s general business degrees to 1 students in 2019-2020.

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 $24,066 for minnesota bachelor’s degree general business students.

The school has an impressive student loan default rate. It’s only 3.1%, which is much lower than the national rate of 10.1%.

Full The College of Saint Scholastica General Business/Commerce Report

#3

Gustavus Adolphus College

Saint Peter, Minnesota

#1 in overall quality

$19,093 Average Net Price

$46,999 Average Early-Career Earnings

Out of the 3 schools in the Best Value General Business Schools for a Bachelor’s in Minnesota that were part of this year’s ranking, Gustavus Adolphus College landed the #3 spot on the list. Gustavus Adolphus College is a small school located in Saint Peter, Minnesota that handed out 42 bachelors’s general business degrees in 2019-2020.

Gustavus Adolphus also made our “Best General Business/Commerce Bachelor’s Degree Schools in Minnesota” list, coming in at #1. The yearly cost to attend Gustavus Adolphus is $19,093 for minnesota bachelor’s degree general business students.

Students who start out at the school are likely to stick around. The freshman retention rate is 88%. The student loan default rate at the school is 1.5%, which is quite low when compared to the national default rate of 10.1%.

Full Gustavus Adolphus General Business/Commerce Report

• Best Value Bachelor’s Degree Colleges for General Business/Commerce in the Plains States Region
• Best Value Bachelor’s Degree Colleges for General Business/Commerce

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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