2022 Best Value Bachelor’s Degree Colleges for Physics (Income $0-$30k) in Minnesota
With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual has developed its “Best Value Physics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k” ranking as one item you can use to help make this decision.
Physics is the 67th most popular major in the country with 14,123 degrees awarded in 2019-2020. In 2017-2018, physics graduates who were awarded their degree in 2015-2017, earned an average of $42,475 and had an average of $22,421 in loans still to pay off.
Across Minnesota, there were 228 physics graduates with average earnings and debt of $38,600 and $23,626 respectively. At the bachelor’s degree level specifically, there were 188 physics graduates with average earnings and debt of $40,526 and $26,035 respectively.
This year’s “Best Value Physics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k” ranking looked at 9 colleges that offer degrees in a bachelor’s in physics. The schools that top this list are recognized because they have great physics programs and cost less that schools of similar quality.
Some of the factors we look at when determining these rankings are overall quality of the physics program at the school and the cost of the school after aid is awarded among other things. Check out our ranking methodology for more information.
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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 Physics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k” list to help you make the college 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. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.
Best Value Physics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k
The following schools top our list of the Best Best Value Physics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k.
Top 9 Best Value Bachelor’s Degree Colleges for Physics (Income $0-$30k) in Minnesota
You’ll be in good company if you decide to attend University of Minnesota - Twin Cities. It ranked #1 on our 2022 Best Value Physics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k list. UMN Twin Cities is a large public school situated in Minneapolis, Minnesota. It awarded 46 bachelors’s physics degrees in 2019-2020.
UMN Twin Cities also made our “Best Physics Bachelor’s Degree Schools in Minnesota” list, coming in at #2. The estimated yearly cost for University of Minnesota - Twin Cities is $7,266 for Minnesota Bachelor’s Degree Physics students whose families make $0-$30k.
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%.
You’ll be in good company if you decide to attend University of Minnesota - Morris. It ranked #2 on our 2022 Best Value Physics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k list. This small school is located in Morris, Minnesota, and it awarded 5 bachelors’s physics degrees in 2019-2020.
UMN Morris did well in our major quality rankings, too. It placed #8 on our “Best Physics Bachelor’s Degree Schools in Minnesota” list. The estimated yearly cost for University of Minnesota - Morris is $4,230 for Minnesota Bachelor’s Degree Physics students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 2.9%, which is much lower than the national rate of 10.1%.
Out of the 9 schools in the Best Value Physics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k that were part of this year’s ranking, St Olaf College landed the #3 spot on the list. Located in Northfield, Minnesota, this small private not-for-profit school handed out 23 degrees to qualified bachelors’s physics students in 2019-2020.
In addition to being on our minnesota bachelor’s degree physics students whose families make $0-$30k list, St. Olaf has also earned the #1 rank in our “Best Physics Bachelor’s Degree Schools in Minnesota” ranking. It costs about $12,459 for minnesota bachelor’s degree physics students whose families make $0-$30k per year to attend St. Olaf.
With a freshman retention rate of 91%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 1.0%, which is much lower than the national rate of 10.1%.
Out of the 9 schools in the Best Value Physics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k that were part of this year’s ranking, University of Minnesota - Duluth landed the #4 spot on the list. University of Minnesota - Duluth is a fairly large school located in Duluth, Minnesota that handed out 10 bachelors’s physics degrees in 2019-2020.
UMN Duluth did well in our major quality rankings, too. It placed #7 on our “Best Physics Bachelor’s Degree Schools in Minnesota” list. The yearly cost to attend UMN Duluth is $7,443 for minnesota bachelor’s degree physics students whose families make $0-$30k.
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 Physics at University of Minnesota - Duluth
Out of the 9 schools in the Best Value Physics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k that were part of this year’s ranking, Gustavus Adolphus College landed the #5 spot on the list. Gustavus Adolphus College is a small private not-for-profit school situated in Saint Peter, Minnesota. It awarded 10 bachelors’s physics degrees in 2019-2020.
As a testament to the quality of education offered at Gustavus Adolphus, the school also landed the #6 spot in our “Best Physics Bachelor’s Degree Schools in Minnesota” ranking. It costs about $12,150 for Minnesota Bachelor’s Degree Physics students whose families make $0-$30k 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 school has an impressive student loan default rate. It’s only 1.5%, which is much lower than the national rate of 10.1%.
Hamline University came in at #6 in this year’s edition of the Best Value Physics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k ranking. Saint Paul, Minnesota is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s physics degrees to 2 students in 2019-2020.
Hamline also took the #5 spot in our “Best Physics Bachelor’s Degree Schools in Minnesota” ranking. It costs about $17,038 for minnesota bachelor’s degree physics students whose families make $0-$30k per year to attend Hamline.
The student loan default rate at the school is 3.3%, which is quite low when compared to the national default rate of 10.1%.
With a ranking of #7, Concordia College at Moorhead did quite well on the 2022 Best Value Physics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k list. Concordia College Moorhead is a private not-for-profit institution located in Moorhead, Minnesota. The school has a small population, and it awarded 5 bachelors’s degrees in 2019-2020.
In addition to being on our minnesota bachelor’s degree physics students whose families make $0-$30k list, Concordia College Moorhead has also earned the #4 rank in our “Best Physics Bachelor’s Degree Schools in Minnesota” ranking. The estimated yearly cost for Concordia College at Moorhead is $17,881 for minnesota bachelor’s degree physics students whose families make $0-$30k.
The low student loan default rate of 2.5% 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%.
Bethel University Minnesota came in at #8 in this year’s edition of the Best Value Physics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k ranking. Bethel University Minnesota is a small school located in Saint Paul, Minnesota that handed out 18 bachelors’s physics degrees in 2019-2020.
Bethel University Minnesota also took the #3 spot in our “Best Physics Bachelor’s Degree Schools in Minnesota” ranking. It costs about $18,396 for minnesota bachelor’s degree physics students whose families make $0-$30k per year to attend Bethel University Minnesota.
The low student loan default rate of 3.0% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 85%.
Augsburg University came in at #9 in this year’s edition of the Best Value Physics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k ranking. Augsburg University is a small school located in Minneapolis, Minnesota that handed out 3 bachelors’s physics degrees in 2019-2020.
Augsburg did well in our major quality rankings, too. It placed #9 on our “Best Physics Bachelor’s Degree Schools in Minnesota” list. It costs about $21,179 for Minnesota Bachelor’s Degree Physics students whose families make $0-$30k per year to attend Augsburg University.
- Best Value Bachelor’s Degree Colleges for Physics (Income $0-$30k) in the Plains States Region
- Best Value Bachelor’s Degree Colleges for Physics (Income $0-$30k)
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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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