2023 Most Focused Colleges for Insurance in Minnesota

It’s not easy to decide which college to attend when there so many options available for students. College Factual has developed its “Schools Highly Focused on Insurance Major in Minnesota” ranking as one item you can use to help make this decision.

Insurance is the 201st most popular major in the country with 1,809 degrees awarded in 2020-2021. In 2019-2020, insurance graduates who were awarded their degree in 2017-2019, earned an average of $57,764 and had an average of $24,058 in loans still to pay off.

Across Minnesota, there were 13 insurance graduates with average earnings and debt of $0 and $0 respectively.

For this year’s “Schools Highly Focused on Insurance Major in Minnesota” ranking, we looked at 2 colleges that offer a degree in insurance. This a ranking of the schools where the largest percentage of students has enrolled in insurance.

Check out our ranking methodology for more information.

One Size Does Not Fit All

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Schools Highly Focused on Insurance Major in Minnesota” ranking, along with many other major-related rankings, to help you make that decision.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Schools Highly Focused on Insurance Major in Minnesota

The following schools top our list of the Best “Schools Highly Focused on Insurance Major in Minnesota”.

Top 2 Most Focused Colleges for Insurance in Minnesota

1

University of Minnesota - Twin Cities
Minneapolis, Minnesota

#1 overall quality in Minnesota

$50,445 Average Early-Career Earnings

$22,026 Average Student Debt

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 Schools Highly Focused on Insurance Major in Minnesota. UMN Twin Cities is a public institution located in Minneapolis, Minnesota. The school has a large population, and it awarded 12 ’s degrees in 2020-2021.

Students who start out at the school are likely to stick around. The freshman retention rate is 93%. 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%.

Read full report on Insurance at University of Minnesota - Twin Cities

2

Saint Cloud State University
Saint Cloud, Minnesota

$45,870 Average Early-Career Earnings

$25,347 Average Student Debt

You’ll join some of the best and brightest minds around if you attend Saint Cloud State University. The school came in at #2 for the Schools Highly Focused on Insurance Major in Minnesota. St. Cloud State University is a public institution located in Saint Cloud, Minnesota. The school has a fairly large population, and it awarded 1 ’s degrees in 2020-2021.

The undergrad student loan default rate at the school is 4.6%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Insurance at St. Cloud State University

• Most Focused Colleges for Insurance in the Plains States Region
• Most Focused Colleges for Insurance

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

• *Avg Salary and Avg 4-Year Grad Rate 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 Nick Youngson.