2022 Best Value Colleges for Area Studies (Income $75-$110k) in Minnesota
When pursuing a degree in today’s world, students have many different options to choose from. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Area Studies Schools in Minnesota For Those Making $75-$110k” ranking - to help you make that decision.
In 2019-2020, 6,820 people earned their degree in area studies, making the major the 106th most popular in the United States. In 2017-2018, area studies graduates who were awarded their degree in 2015-2017, earned an average of $33,734 and had an average of $23,024 in loans still to pay off.
Across Minnesota, there were 90 area studies graduates with average earnings and debt of $25,800 and $20,950 respectively.
For this year’s “Best Value Area Studies Schools in Minnesota For Those Making $75-$110k” ranking, we looked at 5 colleges that offer a degree in area studies. This ranking identifies schools with high-quality area studies 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 area studies program at the school. See our ranking methodology to learn more.
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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 Area Studies Schools in Minnesota For Those Making $75-$110k” list to help you make the college decision.
We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most 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 Area Studies Schools in Minnesota For Those Making $75-$110k
The following schools top our list of the Best Best Value Area Studies Schools in Minnesota For Those Making $75-$110k.
Top 5 Best Value Colleges for Area Studies (Income $75-$110k) in Minnesota
You’ll be in good company if you decide to attend University of Minnesota - Twin Cities. It ranked #1 on our 2022 Best Value Area Studies Schools in Minnesota For Those Making $75-$110k list. This large school is located in Minneapolis, Minnesota, and it awarded 8 ’s area studies degrees in 2019-2020.
In addition to being on our minnesota area studies students whose families make $75-$110k list, UMN Twin Cities has also earned the #3 rank in our “Best Area Studies Schools in Minnesota” ranking. It costs about $19,942 for minnesota area studies students whose families make $75-$110k per year to attend University of Minnesota - Twin Cities.
With a freshman retention rate of 93%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 2.2%, which is much lower than the national rate of 10.1%.
Read more about Area Studies at University of Minnesota - Twin Cities
You’ll be in good company if you decide to attend St Olaf College. It ranked #2 on our 2022 Best Value Area Studies Schools in Minnesota For Those Making $75-$110k list. St Olaf College is a small private not-for-profit school situated in Northfield, Minnesota. It awarded 25 ’s area studies degrees in 2019-2020.
St. Olaf also took the #2 spot in our “Best Area Studies Schools in Minnesota” ranking. The yearly cost to attend St Olaf College is $22,977 for Minnesota Area Studies students whose families make $75-$110k.
The student loan default rate at the school is 1.0%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 91%, the school does an excellent job of retaining its students.
You’ll join some of the best and brightest minds around if you attend University of Minnesota - Duluth. The school came in at #3 for the Best Value Area Studies Schools in Minnesota For Those Making $75-$110k. This fairly large school is located in Duluth, Minnesota, and it awarded 4 ’s area studies degrees in 2019-2020.
As a testament to the quality of education offered at UMN Duluth, the school also landed the #4 spot in our “Best Area Studies Schools in Minnesota” ranking. The yearly cost to attend University of Minnesota - Duluth is $19,042 for Minnesota Area Studies students whose families make $75-$110k.
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 full report on Area Studies at University of Minnesota - Duluth
You’ll join some of the best and brightest minds around if you attend Carleton College. The school came in at #4 for the Best Value Area Studies Schools in Minnesota For Those Making $75-$110k. Located in Northfield, Minnesota, this small private not-for-profit school awarded 21 diplomas to qualified ’s area studies students in 2019-2020.
Carleton also made our “Best Area Studies Schools in Minnesota” list, coming in at #1. The yearly cost to attend Carleton is $23,290 for Minnesota Area Studies students whose families make $75-$110k.
The student loan default rate at the school is 1.3%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 94%. Since the school has a student-to-faculty ratio of 8 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Out of the 5 schools in the Best Value Area Studies Schools in Minnesota For Those Making $75-$110k that were part of this year’s ranking, Minnesota State University - Mankato landed the #5 spot on the list. Located in Mankato, Minnesota, this fairly large public school awarded 2 degrees to qualified ’s area studies students in 2019-2020.
As a testament to the quality of education offered at Minnesota State Mankato, the school also landed the #5 spot in our “Best Area Studies Schools in Minnesota” ranking. The yearly cost to attend Minnesota State Mankato is $18,312 for minnesota area studies students whose families make $75-$110k.
The school has an impressive student loan default rate. It’s only 4.4%, which is much lower than the national rate of 10.1%.
Full Minnesota State University - Mankato Area Studies Report
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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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- Credit for the banner image above goes to Karl Udo Gerth.
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