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2022 Best Value Bachelor’s Degree Colleges for Statistics (Income $30-$48k) in Minnesota

5 Ranked Colleges
195 Degrees Awarded
$12,800 Avg Net Price*
Best Value Stats Schools for a Bachelor's in Minnesota For Those Making $30-$48k

Students have lots of options to chooose from today when trying to decide which college to attend. College Factual has developed its “Best Value Stats Schools for a Bachelor’s in Minnesota For Those Making $30-$48k” ranking as one item you can use to help make this decision.

Statistics is the 88th most popular major in the country with 9,599 degrees awarded in 2019-2020. 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. At the bachelor’s degree level specifically, there were 195 statistics graduates with average earnings and debt of $40,526 and $26,035 respectively.

This year’s “Best Value Stats Schools for a Bachelor’s in Minnesota For Those Making $30-$48k” ranking analyzed 5 colleges that offered a degree in statistics. This ranking identifies schools with high-quality statistics 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 statistics program at the school. See our ranking methodology to learn more.

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 Stats Schools for a Bachelor’s in Minnesota For Those Making $30-$48k” list to help you make the college decision.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Stats Schools for a Bachelor’s in Minnesota For Those Making $30-$48k

The following schools top our list of the Best Best Value Stats Schools for a Bachelor’s in Minnesota For Those Making $30-$48k.

Top 5 Best Value Bachelor’s Degree Colleges for Statistics (Income $30-$48k) in Minnesota

#1

University of Minnesota - Twin Cities

Minneapolis, 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 Stats Schools for a Bachelor’s in Minnesota For Those Making $30-$48k list. Located in Minneapolis, Minnesota, this large public school handed out 93 diplomas to qualified bachelors’s stats students in 2019-2020.

UMN Twin Cities did well in our major quality rankings, too. It placed #3 on our “Best Statistics Bachelor’s Degree Schools in Minnesota” list. It costs about $8,418 for Minnesota Bachelor’s Degree Stats students whose families make $30-$48k per year to attend UMN Twin Cities.

The low student loan default rate of 2.2% 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%. With a freshman retention rate of 93%, the school does an excellent job of retaining its students.

Full University of Minnesota - Twin Cities Statistics Report

#2

Carleton College

Northfield, Minnesota
#1 in overall quality

You’ll be in good company if you decide to attend Carleton College. It ranked #2 on our 2022 Best Value Stats Schools for a Bachelor’s in Minnesota For Those Making $30-$48k list. Carleton is a private not-for-profit institution located in Northfield, Minnesota. The school has a small population, and it awarded 21 bachelors’s degrees in 2019-2020.

Carleton also took the #1 spot in our “Best Statistics Bachelor’s Degree Schools in Minnesota” ranking. It costs about $9,358 for minnesota bachelor’s degree stats students whose families make $30-$48k per year to attend Carleton College.

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%.

Full Carleton Statistics Report

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 Stats Schools for a Bachelor’s in Minnesota For Those Making $30-$48k. UMN Duluth is located in Duluth, Minnesota and, has a fairly large student population. In 2019-2020, this school awarded 28 bachelors’s stats degrees to qualified students.

As a testament to the quality of education offered at UMN Duluth, the school also landed the #5 spot in our “Best Statistics Bachelor’s Degree Schools in Minnesota” ranking. The estimated yearly cost for UMN Duluth is $7,992 for minnesota bachelor’s degree stats students whose families make $30-$48k.

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 Statistics at University of Minnesota - Duluth

#4

Gustavus Adolphus College

Saint Peter, Minnesota
#2 in overall quality

Out of the 5 schools in the Best Value Stats Schools for a Bachelor’s in Minnesota For Those Making $30-$48k that were part of this year’s ranking, Gustavus Adolphus College landed the #4 spot on the list. Gustavus Adolphus College is a private not-for-profit institution located in Saint Peter, Minnesota. The school has a small population, and it awarded 4 bachelors’s degrees in 2019-2020.

Gustavus Adolphus did well in our major quality rankings, too. It placed #2 on our “Best Statistics Bachelor’s Degree Schools in Minnesota” list. It costs about $11,669 for Minnesota Bachelor’s Degree Stats students whose families make $30-$48k per year to attend Gustavus Adolphus College.

The school has an excellent freshman retention rate of 88%, 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 1.5%, which is much lower than the national rate of 10.1%.

Read more about Statistics at Gustavus Adolphus

#5

University of St Thomas Minnesota

Saint Paul, Minnesota
#4 in overall quality

You’ll be in good company if you decide to attend University of St Thomas Minnesota. It ranked #5 on our 2022 Best Value Stats Schools for a Bachelor’s in Minnesota For Those Making $30-$48k list. Located in Saint Paul, Minnesota, this medium-sized private not-for-profit school handed out 13 degrees to qualified bachelors’s stats students in 2019-2020.

In addition to being on our minnesota bachelor’s degree stats students whose families make $30-$48k list, UST MN has also earned the #4 rank in our “Best Statistics Bachelor’s Degree Schools in Minnesota” ranking. It costs about $26,365 for Minnesota Bachelor’s Degree Stats students whose families make $30-$48k per year to attend UST MN.

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 full report on Statistics at UST MN

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.

Credits

  • Credit for the banner image above goes to QWFP.

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