2022 Best Value Colleges for Actuarial Science (Income $30-$48k) in Minnesota

It’s not easy to decide which college to attend when there so many options available for students. 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 Actuarial Science Schools in Minnesota For Those Making $30-$48k” ranking is one tool we have developed to help in this regard.

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.

This year’s “Best Value Actuarial Science Schools in Minnesota For Those Making $30-$48k” ranking looked at 3 colleges that offer degrees in a bachelor’s 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.

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 actuarial science program at the school. See our ranking methodology to learn more.

More Ways to Rank Actuarial Science Schools

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Actuarial Science Schools in Minnesota For Those Making $30-$48k” list, to help you choose the best school for you.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value Actuarial Science Schools in Minnesota For Those Making $30-$48k

The following schools top our list of the Best Best Value Actuarial Science Schools in Minnesota For Those Making $30-$48k.

Top 3 Best Value Colleges for Actuarial Science (Income $30-$48k) in Minnesota

#1

Minnesota State University - Moorhead

Moorhead, Minnesota

#2 in overall quality

$12,279 Average Net Price

$37,157 Average Early-Career Earnings

Out of the 3 schools in the Best Value Actuarial Science Schools in Minnesota For Those Making $30-$48k that were part of this year’s ranking, Minnesota State University - Moorhead landed the #1 spot on the list. MSU Moorhead is a public institution located in Moorhead, Minnesota. The school has a medium-sized population, and it awarded 3 ’s degrees in 2019-2020.

As a testament to the quality of education offered at MSU Moorhead, the school also landed the #2 spot in our “Best Actuarial Science Schools in Minnesota” ranking. The estimated yearly cost for Minnesota State University - Moorhead is $12,279 for Minnesota Actuarial Science students whose families make $30-$48k.

The low student loan default rate of 4.5% 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 Actuarial Science at MSU Moorhead

#2

Saint Mary's University of Minnesota

Winona, Minnesota

#3 in overall quality

$14,033 Average Net Price

$57,438 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend Saint Mary’s University of Minnesota. The school came in at #2 for the Best Value Actuarial Science Schools in Minnesota For Those Making $30-$48k. Saint Mary’s University of Minnesota is located in Winona, Minnesota and, has a medium-sized student population. In 2019-2020, this school awarded 2 ’s actuarial science degrees to qualified students.

SMU MN not only placed well in this ranking. It is also #3 on our “Best Actuarial Science Schools in Minnesota” list. The yearly cost to attend Saint Mary’s University of Minnesota is $14,033 for minnesota actuarial science students whose families make $30-$48k.

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

$26,365 Average Net Price

$49,521 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend University of St Thomas Minnesota. The school came in at #3 for the Best Value Actuarial Science Schools in Minnesota For Those Making $30-$48k. UST MN is a medium-sized school located in Saint Paul, Minnesota that handed out 29 ’s actuarial science degrees in 2019-2020.

As a testament to the quality of education offered at UST MN, the school also landed the #1 spot in our “Best Actuarial Science Schools in Minnesota” ranking. The yearly cost to attend UST MN is $26,365 for Minnesota Actuarial Science students whose families make $30-$48k.

The student loan default rate at the school is 2.1%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 87%, the school does an excellent job of retaining its students.

Read full report on Actuarial Science at University of St Thomas Minnesota

• Best Value Colleges for Actuarial Science (Income $30-$48k) in the Plains States Region
• Best Value Colleges for Actuarial Science (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.

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