2022 Best Value Bachelor’s Degree Colleges for Actuarial Science in Minnesota

With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual has developed its “Best Value Actuarial Science Schools for a Bachelor’s in Minnesota” ranking as one item you can use to help make this decision.

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. At the bachelor’s degree level specifically, there were 34 actuarial science graduates with average earnings and debt of $40,526 and $26,035 respectively.

This year’s “Best Value Actuarial Science Schools for a Bachelor’s in Minnesota” ranking analyzed 3 colleges that offered a degree in actuarial science. This ranking identifies schools with high-quality actuarial science programs that also have a lower cost than 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.

One Size Does Not Fit All

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 for a Bachelor’s in Minnesota” list, to help you choose the best school for you.

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. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

Best Value Actuarial Science Schools for a Bachelor’s in Minnesota

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

Top 3 Best Value Bachelor’s Degree Colleges for Actuarial Science in Minnesota

#1

Minnesota State University - Moorhead

Moorhead, Minnesota

#2 in overall quality

$16,893 Average Net Price

You’ll be in good company if you decide to attend Minnesota State University - Moorhead. It ranked #1 on our 2022 Best Value Actuarial Science Schools for a Bachelor’s in Minnesota list. MSU Moorhead is a public institution located in Moorhead, Minnesota. The school has a medium-sized population, and it awarded 3 bachelors’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 Bachelor’s Degree Schools in Minnesota” ranking. The estimated yearly cost for MSU Moorhead is $16,893 for minnesota bachelor’s degree actuarial science students.

The school has an impressive student loan default rate. It’s only 4.5%, which is much lower than the national rate of 10.1%.

Read more about Actuarial Science at Minnesota State University - Moorhead

#2

Saint Mary's University of Minnesota

Winona, Minnesota

#3 in overall quality

$19,514 Average Net Price

Out of the 3 schools in the Best Value Actuarial Science Schools for a Bachelor’s in Minnesota that were part of this year’s ranking, Saint Mary’s University of Minnesota landed the #2 spot on the list. Located in Winona, Minnesota, this medium-sized private not-for-profit school awarded 2 diplomas to qualified bachelors’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 Bachelor’s Degree Schools in Minnesota” list. The yearly cost to attend SMU MN is $19,514 for Minnesota Bachelor’s Degree Actuarial Science students.

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 Actuarial Science at Saint Mary’s University of Minnesota

#3

University of St Thomas Minnesota

Saint Paul, Minnesota

#1 in overall quality

$29,155 Average Net Price

You’ll be in good company if you decide to attend University of St Thomas Minnesota. It ranked #3 on our 2022 Best Value Actuarial Science Schools for a Bachelor’s in Minnesota list. University of St Thomas Minnesota is a medium-sized school located in Saint Paul, Minnesota that handed out 29 bachelors’s actuarial science degrees in 2019-2020.

UST MN did well in our major quality rankings, too. It placed #1 on our “Best Actuarial Science Bachelor’s Degree Schools in Minnesota” list. The yearly cost to attend UST MN is $29,155 for Minnesota Bachelor’s Degree Actuarial Science students.

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%. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.

Read more about Actuarial Science at University of St Thomas Minnesota

• Best Value Bachelor’s Degree Colleges for Actuarial Science in the Plains States Region
• Best Value Bachelor’s Degree Colleges for Actuarial Science

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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