2022 Best Value Colleges for Statistics (Income $48-$75k) 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 Value Stats Schools in Minnesota For Those Making $48-$75k” ranking is one tool we have developed to help in this regard.
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.
This year’s “Best Value Stats Schools in Minnesota For Those Making $48-$75k” ranking looked at 5 colleges that offer degrees in a bachelor’s 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. For more information, check out our ranking methodology.
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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 $48-$75k” list, to help you choose the best school for you.
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. Go ahead and give it a try, or bookmark the link so you can check it out later.
Best Value Stats Schools in Minnesota For Those Making $48-$75k
The following schools top our list of the Best Best Value Stats Schools in Minnesota For Those Making $48-$75k.
Top 5 Best Value Colleges for Statistics (Income $48-$75k) in Minnesota
Out of the 5 schools in the Best Value Stats Schools in Minnesota For Those Making $48-$75k that were part of this year’s ranking, University of Minnesota - Twin Cities landed the #1 spot on the list. UMN Twin Cities is located in Minneapolis, Minnesota and, has a large student population. In 2019-2020, this school awarded 132 ’s stats degrees to qualified students.
As a testament to the quality of education offered at UMN Twin Cities, the school also landed the #4 spot in our “Best Statistics Schools in Minnesota” ranking. The estimated yearly cost for University of Minnesota - Twin Cities is $12,556 for minnesota stats students whose families make $48-$75k.
Students who start out at the school are likely to stick around. The freshman retention rate is 93%. 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%.
You’ll join some of the best and brightest minds around if you attend Carleton College. The school came in at #2 for the Best Value Stats Schools in Minnesota For Those Making $48-$75k. Located in Northfield, Minnesota, this small private not-for-profit school awarded 21 diplomas to qualified ’s stats students in 2019-2020.
As a testament to the quality of education offered at Carleton, the school also landed the #1 spot in our “Best Statistics Schools in Minnesota” ranking. The yearly cost to attend Carleton College is $16,716 for minnesota stats students whose families make $48-$75k.
With a freshman retention rate of 94%, the school does an excellent job of retaining its students. The impressive student-to-faculty ratio of 8 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. 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%.
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 $48-$75k. Located in Duluth, Minnesota, this fairly large public school handed out 28 diplomas to qualified ’s stats students in 2019-2020.
As a testament to the quality of education offered at UMN Duluth, the school also landed the #5 spot in our “Best Statistics Schools in Minnesota” ranking. The yearly cost to attend UMN Duluth is $12,438 for minnesota stats students whose families make $48-$75k.
The low student loan default rate of 3.1% 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%.
You’ll be in good company if you decide to attend Gustavus Adolphus College. It ranked #4 on our 2022 Best Value Stats Schools in Minnesota For Those Making $48-$75k list. Gustavus Adolphus is a private not-for-profit institution located in Saint Peter, Minnesota. The school has a small population, and it awarded 4 ’s degrees in 2019-2020.
Gustavus Adolphus did well in our major quality rankings, too. It placed #2 on our “Best Statistics Schools in Minnesota” list. It costs about $14,548 for Minnesota Stats students whose families make $48-$75k per year to attend Gustavus Adolphus.
Students who start out at the school are likely to stick around. The freshman retention rate is 88%. 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%.
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 in Minnesota For Those Making $48-$75k list. Saint Paul, Minnesota is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out ’s stats degrees to 13 students in 2019-2020.
In addition to being on our minnesota stats students whose families make $48-$75k list, UST MN has also earned the #3 rank in our “Best Statistics Schools in Minnesota” ranking. The estimated yearly cost for University of St Thomas Minnesota is $26,172 for minnesota stats students whose families make $48-$75k.
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%.
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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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