2022 Best Value Stats Schools in Minnesota For Those Making $0-$30k
When it comes to choosing a college, students have a lot of options - but not all of them are good. 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 Stats Schools in Minnesota For Those Making $0-$30k” ranking is part of that endeavor.
In 2019-2020, 9,599 people earned their degree in statistics, making the major the 88th most popular in the United States. In 2017-2018, statistics graduates who were awarded their degree in 2015-2017, earned an average of $61,950 and had an average of $22,199 in loans still to pay off.
Across Minnesota, there were 236 statistics graduates with average earnings and debt of $49,450 and $19,539 respectively.
This year’s “Best Value Stats Schools in Minnesota For Those Making $0-$30k” ranking looked at 5 colleges that offer degrees in a bachelor’s in statistics. Not only do the schools that top this list have excellent statistics programs, but they also cost less that schools of similar quality.
When determining these rankings, we looked at things such as overall quality of the statistics program at the school and the cost to attend the school once aid has been awarded. See our ranking methodology to learn more.
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Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Stats Schools in Minnesota For Those Making $0-$30k” list, to help you choose the best school for you.
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Best Value Stats Schools in Minnesota For Those Making $0-$30k
The following schools top our list of the Best Best Value Stats Schools in Minnesota For Those Making $0-$30k.
Top 5 Best Value Colleges for Statistics (Income $0-$30k) in Minnesota
You’ll be in good company if you decide to attend Carleton College. It ranked #1 on our 2022 Best Value Stats Schools in Minnesota For Those Making $0-$30k list. This small school is located in Northfield, Minnesota, and it awarded 21 ’s stats degrees in 2019-2020.
Carleton not only placed well in this ranking. It is also #1 on our “Best Statistics Schools in Minnesota” list. The estimated yearly cost for Carleton is $9,579 for Minnesota Stats students whose families make $0-$30k.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 94%. 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.
Out of the 5 schools in the Best Value Stats Schools in Minnesota For Those Making $0-$30k that were part of this year’s ranking, University of Minnesota - Twin Cities landed the #2 spot on the list. University of Minnesota - Twin Cities is a large public school situated in Minneapolis, Minnesota. It awarded 132 ’s stats degrees in 2019-2020.
UMN Twin Cities also made our “Best Statistics Schools in Minnesota” list, coming in at #4. The yearly cost to attend University of Minnesota - Twin Cities is $7,266 for minnesota stats students whose families make $0-$30k.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 93%.
Read more about Statistics at University of Minnesota - Twin Cities
You’ll be in good company if you decide to attend University of Minnesota - Duluth. It ranked #3 on our 2022 Best Value Stats Schools in Minnesota For Those Making $0-$30k list. University of Minnesota - Duluth is located in Duluth, Minnesota and, has a fairly large student population. In 2019-2020, this school awarded 28 ’s stats degrees to qualified students.
In addition to being on our minnesota stats students whose families make $0-$30k list, UMN Duluth has also earned the #5 rank in our “Best Statistics Schools in Minnesota” ranking. The estimated yearly cost for UMN Duluth is $7,443 for Minnesota Stats students whose families make $0-$30k.
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 Gustavus Adolphus College. The school came in at #4 for the Best Value Stats Schools in Minnesota For Those Making $0-$30k. Gustavus Adolphus College is located in Saint Peter, Minnesota and, has a small student population. In 2019-2020, this school awarded 4 ’s stats degrees to qualified students.
Gustavus Adolphus did well in our major quality rankings, too. It placed #2 on our “Best Statistics Schools in Minnesota” list. The yearly cost to attend Gustavus Adolphus College is $12,150 for Minnesota Stats students whose families make $0-$30k.
The low student loan default rate of 1.5% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 88%.
Out of the 5 schools in the Best Value Stats Schools in Minnesota For Those Making $0-$30k that were part of this year’s ranking, University of St Thomas Minnesota landed the #5 spot on the list. University of St Thomas Minnesota is a private not-for-profit institution located in Saint Paul, Minnesota. The school has a medium-sized population, and it awarded 13 ’s degrees in 2019-2020.
In addition to being on our minnesota stats students whose families make $0-$30k list, UST MN has also earned the #3 rank in our “Best Statistics Schools in Minnesota” ranking. The yearly cost to attend University of St Thomas Minnesota is $27,460 for Minnesota Stats students whose families make $0-$30k.
Students who start out at the school are likely to stick around. The freshman retention rate is 87%. 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%.
Read more about Statistics at University of St Thomas Minnesota
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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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