2022 Best Value Colleges for Statistics (Income $30-$48k) in Minnesota
Students have lots of options to chooose from today when trying to decide which college to attend. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Stats Schools in Minnesota For Those Making $30-$48k” ranking is one tool we have developed to help in this regard.
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 $30-$48k” 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.
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. Check out our ranking methodology for more information.
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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 in Minnesota For Those Making $30-$48k” list to help you make the college decision.
In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.
Best Value Stats Schools in Minnesota For Those Making $30-$48k
The colleges and universities below are the best for minnesota stats students whose families make $30-$48k.
Top 5 Best Value Colleges for Statistics (Income $30-$48k) 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 Stats Schools in Minnesota For Those Making $30-$48k list. This large school is located in Minneapolis, Minnesota, and 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 UMN Twin Cities is $8,418 for minnesota stats students whose families make $30-$48k.
With a freshman retention rate of 93%, the school does an excellent job of retaining its students. 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%.
Full University of Minnesota - Twin Cities Statistics Report
Out of the 5 schools in the Best Value Stats Schools in Minnesota For Those Making $30-$48k that were part of this year’s ranking, Carleton College landed the #2 spot on the list. Located in Northfield, Minnesota, this small private not-for-profit school handed out 21 diplomas to qualified ’s stats students in 2019-2020.
Carleton did well in our major quality rankings, too. It placed #1 on our “Best Statistics Schools in Minnesota” list. The yearly cost to attend Carleton is $9,358 for minnesota stats students whose families make $30-$48k.
With a student-to-faculty ratio of 8 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. 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%. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year.
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 in Minnesota For Those Making $30-$48k. This fairly large school is located in Duluth, Minnesota, and it awarded 28 ’s stats degrees in 2019-2020.
UMN Duluth also made our “Best Statistics Schools in Minnesota” list, coming in at #5. The yearly cost to attend University of Minnesota - Duluth is $7,992 for minnesota 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%.
Out of the 5 schools in the Best Value Stats Schools 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 is a small school located in Saint Peter, Minnesota that handed out 4 ’s stats degrees in 2019-2020.
Gustavus Adolphus also took the #2 spot in our “Best Statistics Schools in Minnesota” ranking. The estimated yearly cost for Gustavus Adolphus is $11,669 for Minnesota Stats students whose families make $30-$48k.
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%. The school has an excellent freshman retention rate of 88%, which means students like the school well enough to return for a second year.
You’ll join some of the best and brightest minds around if you attend University of St Thomas Minnesota. The school came in at #5 for the Best Value Stats Schools in Minnesota For Those Making $30-$48k. UST MN is located in Saint Paul, Minnesota and, has a medium-sized student population. In 2019-2020, this school awarded 13 ’s stats degrees to qualified students.
As a testament to the quality of education offered at UST MN, the school also landed the #3 spot in our “Best Statistics Schools in Minnesota” ranking. The yearly cost to attend University of St Thomas Minnesota is $26,365 for minnesota stats students whose families make $30-$48k.
The school has an excellent freshman retention rate of 87%, 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 2.1%, which is much lower than the national 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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