2022 Best Value Colleges for Statistics (Income $75-$110k) in Minnesota
Students have lots of options to chooose from today when trying to decide which college to attend. 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 $75-$110k” 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 $75-$110k” 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.
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 picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Stats Schools in Minnesota For Those Making $75-$110k” ranking, along with many other major-related rankings, to help you make that decision.
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. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.
Best Value Stats Schools in Minnesota For Those Making $75-$110k
The following schools top our list of the Best Best Value Stats Schools in Minnesota For Those Making $75-$110k.
Top 5 Best Value Colleges for Statistics (Income $75-$110k) in Minnesota
You’ll join some of the best and brightest minds around if you attend University of Minnesota - Twin Cities. The school came in at #1 for the Best Value Stats Schools in Minnesota For Those Making $75-$110k. UMN 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 estimated yearly cost for University of Minnesota - Twin Cities is $19,942 for minnesota stats students whose families make $75-$110k.
With a freshman retention rate of 93%, the school does an excellent job of retaining its students. 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 be in good company if you decide to attend Carleton College. It ranked #2 on our 2022 Best Value Stats Schools in Minnesota For Those Making $75-$110k list. Carleton College 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 Statistics Schools in Minnesota” ranking. The yearly cost to attend Carleton College is $23,290 for Minnesota Stats students whose families make $75-$110k.
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 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 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 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 $75-$110k list. UMN Duluth is a fairly large public school situated in Duluth, Minnesota. It awarded 28 ’s stats degrees in 2019-2020.
UMN Duluth did well in our major quality rankings, too. It placed #5 on our “Best Statistics Schools in Minnesota” list. The estimated yearly cost for University of Minnesota - Duluth is $19,042 for minnesota stats students whose families make $75-$110k.
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 $75-$110k list. Saint Peter, Minnesota is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s stats degrees to 4 students in 2019-2020.
Gustavus Adolphus also took the #2 spot in our “Best Statistics Schools in Minnesota” ranking. It costs about $20,755 for Minnesota Stats students whose families make $75-$110k per year to attend Gustavus Adolphus.
With a freshman retention rate of 88%, the school does an excellent job of retaining its students. The student loan default rate at the school is 1.5%, 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 St Thomas Minnesota. The school came in at #5 for the Best Value Stats Schools in Minnesota For Those Making $75-$110k. Located in Saint Paul, Minnesota, this medium-sized private not-for-profit school handed out 13 diplomas to qualified ’s stats students in 2019-2020.
UST MN did well in our major quality rankings, too. It placed #3 on our “Best Statistics Schools in Minnesota” list. The estimated yearly cost for University of St Thomas Minnesota is $28,674 for Minnesota Stats students whose families make $75-$110k.
With a freshman retention rate of 87%, the school does an excellent job of retaining its students. The low student loan default rate of 2.1% 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%.
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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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