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2022 Best Value Mathematics & Statistics Schools in Minnesota For Those Making $30-$48k

12 Ranked Colleges
911 Degrees Awarded
$14,400 Avg Net Price*
Best Value Mathematics & Statistics Schools in Minnesota For Those Making $30-$48k

When it comes to choosing a college, students have a lot of options - but not all of them are good. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Mathematics & Statistics Schools in Minnesota For Those Making $30-$48k” ranking - to help you make that decision.

Mathematics & Statistics is the 20th most popular major in the country with 51,937 degrees awarded in 2019-2020. In 2017-2018, mathematics and statistics graduates who were awarded their degree in 2015-2017, earned an average of $47,652 and had an average of $21,598 in loans still to pay off.

Across Minnesota, there were 911 mathematics and statistics graduates with average earnings and debt of $50,250 and $20,389 respectively.

For this year’s “Best Value Mathematics & Statistics Schools in Minnesota For Those Making $30-$48k” ranking, we looked at 12 colleges that offer a degree in mathematics and statistics. The schools that top this list are recognized because they have great mathematics and statistics programs and 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 mathematics and statistics program at the school. For more information, check out our ranking methodology.

More Ways to Rank Mathematics & Statistics Schools

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 Mathematics & Statistics Schools in Minnesota For Those Making $30-$48k” list to help you make the college decision.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools 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 Mathematics & Statistics Schools in Minnesota For Those Making $30-$48k

The colleges and universities below are the best for minnesota mathematics & statistics students whose families make $30-$48k.

Top 12 Best Value Colleges for Mathematics & Statistics (Income $30-$48k) in Minnesota

#1

Macalester College

Saint Paul, Minnesota

Out of the 12 schools in the Best Value Mathematics & Statistics Schools in Minnesota For Those Making $30-$48k that were part of this year’s ranking, Macalester College landed the #1 spot on the list. Macalester is a private not-for-profit institution located in Saint Paul, Minnesota. The school has a small population, and it awarded 60 ’s degrees in 2019-2020.

Macalester also made our “Best Mathematics & Statistics Schools in Minnesota” list, coming in at #1. It costs about $14,047 for Minnesota Mathematics & Statistics students whose families make $30-$48k per year to attend Macalester College.

The low student loan default rate of 0.9% 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%. Since the school has a student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors. With a freshman retention rate of 90%, the school does an excellent job of retaining its students.

Read more about Mathematics & Statistics at Macalester

#2

University of Minnesota - Twin Cities

Minneapolis, Minnesota

You’ll be in good company if you decide to attend University of Minnesota - Twin Cities. It ranked #2 on our 2022 Best Value Mathematics & Statistics Schools in Minnesota For Those Making $30-$48k list. UMN Twin Cities is located in Minneapolis, Minnesota and, has a large student population. In 2019-2020, this school awarded 418 ’s mathematics and statistics degrees to qualified students.

In addition to being on our minnesota mathematics & statistics students whose families make $30-$48k list, UMN Twin Cities has also earned the #6 rank in our “Best Mathematics & Statistics Schools in Minnesota” ranking. It costs about $8,418 for Minnesota Mathematics & Statistics students whose families make $30-$48k per year to attend UMN Twin Cities.

Students who start out at the school are likely to stick around. The freshman retention rate is 93%. The low student loan default rate of 2.2% 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%.

Read more about Mathematics & Statistics at University of Minnesota - Twin Cities

#3

St Olaf College

Northfield, Minnesota

You’ll join some of the best and brightest minds around if you attend St Olaf College. The school came in at #3 for the Best Value Mathematics & Statistics Schools in Minnesota For Those Making $30-$48k. Northfield, Minnesota is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s mathematics and statistics degrees to 69 students in 2019-2020.

St. Olaf also took the #3 spot in our “Best Mathematics & Statistics Schools in Minnesota” ranking. The estimated yearly cost for St. Olaf is $12,276 for Minnesota Mathematics & Statistics students whose families make $30-$48k.

The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year. The low student loan default rate of 1.0% 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%.

Read full report on Mathematics & Statistics at St. Olaf

#4

Carleton College

Northfield, Minnesota

You’ll join some of the best and brightest minds around if you attend Carleton College. The school came in at #4 for the Best Value Mathematics & Statistics Schools in Minnesota For Those Making $30-$48k. Carleton is a small school located in Northfield, Minnesota that handed out 68 ’s mathematics and statistics degrees in 2019-2020.

In addition to being on our minnesota mathematics & statistics students whose families make $30-$48k list, Carleton has also earned the #2 rank in our “Best Mathematics & Statistics Schools in Minnesota” ranking. The estimated yearly cost for Carleton is $9,358 for Minnesota Mathematics & Statistics students whose families make $30-$48k.

With a freshman retention rate of 94%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 1.3%, which is much lower than the national rate of 10.1%. 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.

Read full report on Mathematics & Statistics at Carleton

You’ll be in good company if you decide to attend University of Minnesota - Duluth. It ranked #5 on our 2022 Best Value Mathematics & Statistics Schools in Minnesota For Those Making $30-$48k list. Located in Duluth, Minnesota, this fairly large public school awarded 58 degrees to qualified ’s mathematics and statistics students in 2019-2020.

UMN Duluth did well in our major quality rankings, too. It placed #10 on our “Best Mathematics & Statistics Schools in Minnesota” list. The yearly cost to attend University of Minnesota - Duluth is $7,992 for minnesota mathematics & statistics 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%.

Read full report on Mathematics & Statistics at University of Minnesota - Duluth

#6

Saint Johns University

Collegeville, Minnesota

Saint Johns University came in at #6 in this year’s edition of the Best Value Mathematics & Statistics Schools in Minnesota For Those Making $30-$48k ranking. SJU is a private not-for-profit institution located in Collegeville, Minnesota. The school has a small population, and it awarded 8 ’s degrees in 2019-2020.

SJU also made our “Best Mathematics & Statistics Schools in Minnesota” list, coming in at #5. The yearly cost to attend Saint Johns University is $15,628 for Minnesota Mathematics & Statistics students whose families make $30-$48k.

The low student loan default rate of 1.2% 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%.

Read full report on Mathematics & Statistics at Saint Johns University

#7

Gustavus Adolphus College

Saint Peter, Minnesota

Gustavus Adolphus College landed the #7 spot on the 2022 Best Value Mathematics & Statistics Schools in Minnesota For Those Making $30-$48k ranking. Gustavus Adolphus College is a private not-for-profit institution located in Saint Peter, Minnesota. The school has a small population, and it awarded 9 ’s degrees in 2019-2020.

Gustavus Adolphus also took the #7 spot in our “Best Mathematics & Statistics Schools in Minnesota” ranking. The yearly cost to attend Gustavus Adolphus College is $11,669 for Minnesota Mathematics & Statistics students whose families make $30-$48k.

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%.

Read full report on Mathematics & Statistics at Gustavus Adolphus

#8

College of Saint Benedict

Saint Joseph, Minnesota

College of Saint Benedict landed the #8 spot on the 2022 Best Value Mathematics & Statistics Schools in Minnesota For Those Making $30-$48k ranking. Saint Joseph, Minnesota is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s mathematics and statistics degrees to 4 students in 2019-2020.

CSB also took the #4 spot in our “Best Mathematics & Statistics Schools in Minnesota” ranking. The yearly cost to attend CSB is $17,956 for Minnesota Mathematics & Statistics students whose families make $30-$48k.

The school has an impressive student loan default rate. It’s only 0.9%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 89%.

Full CSB Mathematics & Statistics Report

#9

Concordia University, Saint Paul

Saint Paul, Minnesota

Concordia University, Saint Paul did quite well in the 2022 Best Value Mathematics & Statistics Schools in Minnesota For Those Making $30-$48k ranking, coming in at #9. Concordia University, Saint Paul is located in Saint Paul, Minnesota and, has a medium-sized student population. In 2019-2020, this school awarded 10 ’s mathematics and statistics degrees to qualified students.

Concordia University, Saint Paul did well in our major quality rankings, too. It placed #11 on our “Best Mathematics & Statistics Schools in Minnesota” list. The yearly cost to attend Concordia University, Saint Paul is $13,288 for Minnesota Mathematics & Statistics students whose families make $30-$48k.

Full Concordia University, Saint Paul Mathematics & Statistics Report

#10

Metropolitan State University

Saint Paul, Minnesota

Metropolitan State University came in at #10 in this year’s edition of the Best Value Mathematics & Statistics Schools in Minnesota For Those Making $30-$48k ranking. Saint Paul, Minnesota is the setting for this medium-sized institution of higher learning. The public school handed out ’s mathematics and statistics degrees to 15 students in 2019-2020.

Metro State not only placed well in this ranking. It is also #12 on our “Best Mathematics & Statistics Schools in Minnesota” list. The estimated yearly cost for Metro State is $14,812 for Minnesota Mathematics & Statistics students whose families make $30-$48k.

Full Metro State Mathematics & Statistics Report

#11

Augsburg University

Minneapolis, Minnesota

Augsburg University ranked #11 on this year’s Best Value Mathematics & Statistics Schools in Minnesota For Those Making $30-$48k list. Located in Minneapolis, Minnesota, this small private not-for-profit school awarded 18 degrees to qualified ’s mathematics and statistics students in 2019-2020.

As a testament to the quality of education offered at Augsburg, the school also landed the #9 spot in our “Best Mathematics & Statistics Schools in Minnesota” ranking. The estimated yearly cost for Augsburg University is $21,545 for Minnesota Mathematics & Statistics students whose families make $30-$48k.

Read full report on Mathematics & Statistics at Augsburg

#12

University of St Thomas Minnesota

Saint Paul, Minnesota

University of St Thomas Minnesota landed the #12 spot on the 2022 Best Value Mathematics & Statistics Schools in Minnesota For Those Making $30-$48k ranking. University of St Thomas Minnesota is a medium-sized school located in Saint Paul, Minnesota that handed out 24 ’s mathematics and statistics degrees in 2019-2020.

As a testament to the quality of education offered at UST MN, the school also landed the #8 spot in our “Best Mathematics & Statistics Schools in Minnesota” ranking. It costs about $26,365 for minnesota mathematics & statistics students whose families make $30-$48k per year to attend University of St Thomas Minnesota.

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%. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.

Full University of St Thomas Minnesota Mathematics & Statistics Report

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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.

Credits

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