2022 Best Value Colleges for Statistics (Income $0-$30k) 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 $0-$30k” ranking is part of that endeavor.
In 2019-2020, 8,203 people earned their degree in statistics, making the major the 100th most popular in the United States.
Across Minnesota, there were 230 statistics graduates with average earnings and debt of $0 and $0 respectively.
This year’s “Best Value Stats Schools in Minnesota For Those Making $0-$30k” ranking analyzed 4 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. For more information, check out our ranking methodology.
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Best Value Stats Schools in Minnesota For Those Making $0-$30k
The colleges and universities below are the best for minnesota stats students whose families make $0-$30k.
Top 4 Best Value Colleges for Statistics (Income $0-$30k) in Minnesota
Out of the 4 schools in the Best Value Stats Schools in Minnesota For Those Making $0-$30k that were part of this year’s ranking, Carleton College landed the #1 spot on the list. Northfield, Minnesota is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s stats degrees to 21 students in 2019-2020.
Carleton also took the #1 spot in our “Best Statistics Schools in Minnesota” ranking. The estimated yearly cost for Carleton College 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%. 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 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 be in good company if you decide to attend University of Minnesota - Twin Cities. It ranked #2 on our 2022 Best Value Stats Schools in Minnesota For Those Making $0-$30k list. UMN Twin Cities is a large public school situated in Minneapolis, Minnesota. It awarded 132 ’s stats degrees in 2019-2020.
As a testament to the quality of education offered at UMN Twin Cities, the school also landed the #3 spot in our “Best Statistics Schools in Minnesota” ranking. It costs about $7,266 for minnesota stats students whose families make $0-$30k per year to attend University of Minnesota - Twin Cities.
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%.
Full University of Minnesota - Twin Cities Statistics Report
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. UMN Duluth is a fairly large school located in Duluth, Minnesota that handed out 28 ’s stats degrees in 2019-2020.
UMN Duluth also made our “Best Statistics Schools in Minnesota” list, coming in at #4. The yearly cost to attend University of Minnesota - Duluth is $7,443 for Minnesota Stats students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 3.1%, which is much lower than the national rate of 10.1%.
Read more about Statistics at University of Minnesota - Duluth
You’ll be in good company if you decide to attend University of St Thomas Minnesota. It ranked #4 on our 2022 Best Value Stats Schools in Minnesota For Those Making $0-$30k list. UST MN is a medium-sized private not-for-profit school situated in Saint Paul, Minnesota. It awarded 13 ’s stats degrees in 2019-2020.
UST MN did well in our major quality rankings, too. It placed #2 on our “Best Statistics Schools in Minnesota” list. The yearly cost to attend UST MN is $27,460 for minnesota stats students whose families make $0-$30k.
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 student loan default rate at the school is 2.1%, which is quite low when compared to the national default 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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