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2022 Best Value Bachelor’s Degree Colleges for Statistics (Income $48-$75k) in Minnesota

4 Ranked Colleges
191 Degrees Awarded
Best Value Stats Schools for a Bachelor's in Minnesota For Those Making $48-$75k

With all of the options students have for higher education today, it can be tough to choose which direction to take. 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 for a Bachelor’s in Minnesota For Those Making $48-$75k” ranking is one tool we have developed to help in this regard.

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. At the bachelor’s degree level specifically, there were 191 statistics graduates with average earnings and debt of $40,526 and $26,035 respectively.

For this year’s “Best Value Stats Schools for a Bachelor’s in Minnesota For Those Making $48-$75k” ranking, we looked at 4 colleges that offer a degree 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.

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.

One Size Does Not Fit All

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 for a Bachelor’s 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 for a Bachelor’s in Minnesota For Those Making $48-$75k

The colleges and universities below are the best for minnesota bachelor’s degree stats students whose families make $48-$75k.

Top 4 Best Value Bachelor’s Degree Colleges for Statistics (Income $48-$75k) in Minnesota

#1

University of Minnesota - Twin Cities

Minneapolis, Minnesota
#2 in overall quality

Out of the 4 schools in the Best Value Stats Schools for a Bachelor’s 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. University of Minnesota - Twin Cities is a public institution located in Minneapolis, Minnesota. The school has a large population, and it awarded 93 bachelors’s degrees in 2019-2020.

As a testament to the quality of education offered at UMN Twin Cities, the school also landed the #2 spot in our “Best Statistics Bachelor’s Degree Schools in Minnesota” ranking. It costs about $12,556 for Minnesota Bachelor’s Degree Stats students whose families make $48-$75k per year to attend University of Minnesota - Twin Cities.

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%. The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year.

Read more about Statistics at UMN Twin Cities

#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 $48-$75k list. Northfield, Minnesota is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s stats degrees to 21 students in 2019-2020.

Carleton did well in our major quality rankings, too. It placed #1 on our “Best Statistics Bachelor’s Degree Schools in Minnesota” list. The yearly cost to attend Carleton College is $16,716 for Minnesota Bachelor’s Degree 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 student loan default rate at the school is 1.3%, which is quite low when compared to the national default rate of 10.1%. Since the school has a student-to-faculty ratio of 8 to 1, those pursuing a degree will have more opportunities to interact with their professors.

Read full report on Statistics at Carleton

#4 in overall quality

Out of the 4 schools in the Best Value Stats Schools for a Bachelor’s in Minnesota For Those Making $48-$75k that were part of this year’s ranking, University of Minnesota - Duluth landed the #3 spot on the list. This fairly large school is located in Duluth, Minnesota, and it awarded 28 bachelors’s stats degrees in 2019-2020.

UMN Duluth did well in our major quality rankings, too. It placed #4 on our “Best Statistics Bachelor’s Degree Schools in Minnesota” list. The yearly cost to attend University of Minnesota - Duluth is $12,438 for Minnesota Bachelor’s Degree 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%.

Full UMN Duluth Statistics Report

#4

University of St Thomas Minnesota

Saint Paul, Minnesota
#3 in overall quality

Out of the 4 schools in the Best Value Stats Schools for a Bachelor’s in Minnesota For Those Making $48-$75k that were part of this year’s ranking, University of St Thomas Minnesota landed the #4 spot on the list. This medium-sized school is located in Saint Paul, Minnesota, and it awarded 13 bachelors’s stats degrees in 2019-2020.

As a testament to the quality of education offered at UST MN, the school also landed the #3 spot in our “Best Statistics Bachelor’s Degree Schools in Minnesota” ranking. The yearly cost to attend UST MN is $26,172 for minnesota bachelor’s degree stats students whose families make $48-$75k.

Students who start out at the school are likely to stick around. The freshman retention rate is 87%. 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%.

Read more about Statistics at University of St Thomas Minnesota

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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