2022 Best Value Colleges for Actuarial Science (Income $0-$30k) in Minnesota

When pursuing a degree in today’s world, students have many different options to choose from. 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 Actuarial Science Schools in Minnesota For Those Making $0-$30k” ranking is part of that endeavor.

In 2019-2020, 2,065 people earned their degree in actuarial science, making the major the 274th most popular in the United States.

Across Minnesota, there were 35 actuarial science graduates with average earnings and debt of $0 and $0 respectively.

For this year’s “Best Value Actuarial Science Schools in Minnesota For Those Making $0-$30k” ranking, we looked at 3 colleges that offer a degree in actuarial science. The schools that top this list are recognized because they have great actuarial science programs and cost less that schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the actuarial science program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.

More Ways to Rank Actuarial Science Schools

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Actuarial Science Schools in Minnesota For Those Making $0-$30k” ranking, along with many other major-related rankings, to help you make that decision.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. 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 Actuarial Science Schools in Minnesota For Those Making $0-$30k

The colleges and universities below are the best for minnesota actuarial science students whose families make $0-$30k.

Top 3 Best Value Colleges for Actuarial Science (Income $0-$30k) in Minnesota

#1

Minnesota State University - Moorhead

Moorhead, Minnesota

#2 in overall quality

$12,484 Average Net Price

$37,157 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Minnesota State University - Moorhead. The school came in at #1 for the Best Value Actuarial Science Schools in Minnesota For Those Making $0-$30k. Located in Moorhead, Minnesota, this medium-sized public school awarded 3 diplomas to qualified ’s actuarial science students in 2019-2020.

MSU Moorhead did well in our major quality rankings, too. It placed #2 on our “Best Actuarial Science Schools in Minnesota” list. The estimated yearly cost for MSU Moorhead is $12,484 for Minnesota Actuarial Science students whose families make $0-$30k.

The student loan default rate at the school is 4.5%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Actuarial Science at MSU Moorhead

#2

Saint Mary's University of Minnesota

Winona, Minnesota

#3 in overall quality

$15,036 Average Net Price

$57,438 Average Early-Career Earnings

You’ll be in good company if you decide to attend Saint Mary’s University of Minnesota. It ranked #2 on our 2022 Best Value Actuarial Science Schools in Minnesota For Those Making $0-$30k list. Located in Winona, Minnesota, this medium-sized private not-for-profit school awarded 2 diplomas to qualified ’s actuarial science students in 2019-2020.

SMU MN not only placed well in this ranking. It is also #3 on our “Best Actuarial Science Schools in Minnesota” list. It costs about $15,036 for Minnesota Actuarial Science students whose families make $0-$30k per year to attend Saint Mary’s University of Minnesota.

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%.

Read more about Actuarial Science at Saint Mary’s University of Minnesota

#3

University of St Thomas Minnesota

Saint Paul, Minnesota

#1 in overall quality

$27,460 Average Net Price

$49,521 Average Early-Career Earnings

Out of the 3 schools in the Best Value Actuarial Science Schools in Minnesota For Those Making $0-$30k that were part of this year’s ranking, University of St Thomas Minnesota landed the #3 spot on the list. This medium-sized school is located in Saint Paul, Minnesota, and it awarded 29 ’s actuarial science degrees in 2019-2020.

UST MN also made our “Best Actuarial Science Schools in Minnesota” list, coming in at #1. It costs about $27,460 for Minnesota Actuarial Science students whose families make $0-$30k per year to attend University of St Thomas Minnesota.

The low student loan default rate of 2.1% 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%. With a freshman retention rate of 87%, the school does an excellent job of retaining its students.

Full University of St Thomas Minnesota Actuarial Science Report

• Best Value Colleges for Actuarial Science (Income $0-$30k) in the Plains States Region
• Best Value Colleges for Actuarial Science (Income $0-$30k)

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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