2022 Best Value Colleges for Area Studies (Income Over $110k) 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 Vallue Area Studies Schools in Minnesota For Those Making Over $110k” ranking is one tool we have developed to help in this regard.
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.
This year’s “Best Vallue Area Studies Schools in Minnesota For Those Making Over $110k” ranking analyzed 5 colleges that offered a degree in area studies. The schools that top this list are recognized because they have great area studies programs and cost less that schools of similar quality.
Some of the factors we look at when determining these rankings are overall quality of the area studies program at the school and the cost of the school after aid is awarded among other things. Check out our ranking methodology for more information.
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Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Vallue Area Studies Schools in Minnesota For Those Making Over $110k” 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. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.
Best Vallue Area Studies Schools in Minnesota For Those Making Over $110k
The following schools top our list of the Best Best Vallue Area Studies Schools in Minnesota For Those Making Over $110k.
Top 5 Best Value Colleges for Area Studies (Income Over $110k) in Minnesota
You’ll join some of the best and brightest minds around if you attend University of Minnesota - Duluth. The school came in at #1 for the Best Vallue Area Studies Schools in Minnesota For Those Making Over $110k. Duluth, Minnesota is the setting for this fairly large institution of higher learning. The public school handed out ’s area studies degrees to 4 students in 2019-2020.
UMN Duluth not only placed well in this ranking. It is also #4 on our “Best Area Studies Schools in Minnesota” list. The estimated yearly cost for UMN Duluth is $17,067 for Minnesota Area Studies students whose families make more than $110k.
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%.
You’ll join some of the best and brightest minds around if you attend Minnesota State University - Mankato. The school came in at #2 for the Best Vallue Area Studies Schools in Minnesota For Those Making Over $110k. Minnesota State University - Mankato is a public institution located in Mankato, Minnesota. The school has a fairly large population, and it awarded 2 ’s degrees in 2019-2020.
Minnesota State Mankato not only placed well in this ranking. It is also #5 on our “Best Area Studies Schools in Minnesota” list. The yearly cost to attend Minnesota State Mankato is $16,221 for Minnesota Area Studies students whose families make more than $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%.
You’ll be in good company if you decide to attend University of Minnesota - Twin Cities. It ranked #3 on our 2022 Best Vallue Area Studies Schools in Minnesota For Those Making Over $110k list. University of Minnesota - Twin Cities is a public institution located in Minneapolis, Minnesota. The school has a large population, and it awarded 8 ’s degrees in 2019-2020.
UMN Twin Cities also took the #3 spot in our “Best Area Studies Schools in Minnesota” ranking. The estimated yearly cost for UMN Twin Cities is $17,740 for Minnesota Area Studies students whose families make more than $110k.
Students who start out at the school are likely to stick around. The freshman retention rate is 93%. The student loan default rate at the school is 2.2%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Area Studies at University of Minnesota - Twin Cities
Out of the 5 schools in the Best Vallue Area Studies Schools in Minnesota For Those Making Over $110k that were part of this year’s ranking, St Olaf College landed the #4 spot on the list. St Olaf College is a small school located in Northfield, Minnesota that handed out 25 ’s area studies degrees in 2019-2020.
St. Olaf not only placed well in this ranking. It is also #2 on our “Best Area Studies Schools in Minnesota” list. The yearly cost to attend St. Olaf is $23,543 for Minnesota Area Studies students whose families make more than $110k.
The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year. The school has an impressive student loan default rate. It’s only 1.0%, which is much lower than the national rate of 10.1%.
You’ll be in good company if you decide to attend Carleton College. It ranked #5 on our 2022 Best Vallue Area Studies Schools in Minnesota For Those Making Over $110k list. Carleton is a private not-for-profit institution located in Northfield, Minnesota. The school has a small population, and it awarded 21 ’s degrees in 2019-2020.
Carleton also took the #1 spot in our “Best Area Studies Schools in Minnesota” ranking. It costs about $31,133 for Minnesota Area Studies students whose families make more than $110k per year to attend Carleton.
The student-to-faculty ratio of 8 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year. The low student loan default rate of 1.3% 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%.
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- Best Value Colleges for Area Studies (Income Over $110k) in the Plains States Region
- Best Value Colleges for Area Studies (Income Over $110k)
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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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