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2022 Best Value General Economics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k

19 Ranked Colleges
552 Degrees Awarded
$13,500 Avg Net Price*
Best Value General Economics Schools for a Bachelor's in Minnesota For Those Making $0-$30k

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 General Economics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k” ranking is part of that endeavor.

General Economics is the 22nd most popular major in the country with 31,150 degrees awarded in 2019-2020.

Across Minnesota, there were 552 general economics graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 552 general economics graduates with average earnings and debt of $40,526 and $26,035 respectively.

This year’s “Best Value General Economics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k” ranking analyzed 19 colleges that offered a degree in general economics. The schools that top this list are recognized because they have great general economics 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 general economics program at the school and the cost of the school after aid is awarded among other things. See our ranking methodology to learn more.

More Ways to Rank General Economics Schools

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value General Economics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k” ranking, along with many other major-related rankings, to help you make that decision.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value General Economics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k

The following schools top our list of the Best Best Value General Economics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k.

Top 19 Best Value Bachelor’s Degree Colleges for General Economics (Income $0-$30k) in Minnesota

#1

Carleton College

Northfield, Minnesota
#1 in overall quality

You’ll join some of the best and brightest minds around if you attend Carleton College. The school came in at #1 for the Best Value General Economics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k. Carleton is a private not-for-profit institution located in Northfield, Minnesota. The school has a small population, and it awarded 45 bachelors’s degrees in 2019-2020.

Carleton did well in our major quality rankings, too. It placed #1 on our “Best General Economics Bachelor’s Degree Schools in Minnesota” list. The estimated yearly cost for Carleton College is $9,579 for minnesota bachelor’s degree general economics students whose families make $0-$30k.

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%.

Read more about General Economics at Carleton

#2

University of Minnesota - Twin Cities

Minneapolis, Minnesota
#3 in overall quality

You’ll be in good company if you decide to attend University of Minnesota - Twin Cities. It ranked #2 on our 2022 Best Value General Economics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k list. UMN Twin Cities is a public institution located in Minneapolis, Minnesota. The school has a large population, and it awarded 181 bachelors’s degrees in 2019-2020.

In addition to being on our minnesota bachelor’s degree general economics students whose families make $0-$30k list, UMN Twin Cities has also earned the #3 rank in our “Best General Economics Bachelor’s Degree Schools in Minnesota” ranking. It costs about $7,266 for Minnesota Bachelor’s Degree General Economics students whose families make $0-$30k per year to attend University of Minnesota - Twin Cities.

With a freshman retention rate of 93%, the school does an excellent job of retaining its students. 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 General Economics at UMN Twin Cities

#10 in overall quality

You’ll be in good company if you decide to attend University of Minnesota - Morris. It ranked #3 on our 2022 Best Value General Economics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k list. University of Minnesota - Morris is located in Morris, Minnesota and, has a small student population. In 2019-2020, this school awarded 15 bachelors’s general economics degrees to qualified students.

UMN Morris not only placed well in this ranking. It is also #10 on our “Best General Economics Bachelor’s Degree Schools in Minnesota” list. It costs about $4,230 for Minnesota Bachelor’s Degree General Economics students whose families make $0-$30k per year to attend UMN Morris.

The low student loan default rate of 2.9% 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%.

Full UMN Morris General Economics Report

#4

St Olaf College

Northfield, Minnesota
#2 in overall quality

You’ll be in good company if you decide to attend St Olaf College. It ranked #4 on our 2022 Best Value General Economics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k list. Northfield, Minnesota is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s general economics degrees to 107 students in 2019-2020.

In addition to being on our minnesota bachelor’s degree general economics students whose families make $0-$30k list, St. Olaf has also earned the #2 rank in our “Best General Economics Bachelor’s Degree Schools in Minnesota” ranking. The estimated yearly cost for St. Olaf is $12,459 for Minnesota Bachelor’s Degree General Economics students whose families make $0-$30k.

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 school has an impressive student loan default rate. It’s only 1.0%, which is much lower than the national rate of 10.1%.

Read full report on General Economics at St. Olaf

#8 in overall quality

You’ll be in good company if you decide to attend University of Minnesota - Duluth. It ranked #5 on our 2022 Best Value General Economics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k list. This fairly large school is located in Duluth, Minnesota, and it awarded 23 bachelors’s general economics degrees in 2019-2020.

UMN Duluth did well in our major quality rankings, too. It placed #8 on our “Best General Economics Bachelor’s Degree Schools in Minnesota” list. The yearly cost to attend University of Minnesota - Duluth is $7,443 for minnesota bachelor’s degree general economics students whose families make $0-$30k.

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 General Economics Report

#6

Bemidji State University

Bemidji, Minnesota
#13 in overall quality

Bemidji State University did quite well in the 2022 Best Value General Economics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k ranking, coming in at #6. Bemidji State University is located in Bemidji, Minnesota and, has a small student population. In 2019-2020, this school awarded 2 bachelors’s general economics degrees to qualified students.

In addition to being on our minnesota bachelor’s degree general economics students whose families make $0-$30k list, Bemidji State University has also earned the #13 rank in our “Best General Economics Bachelor’s Degree Schools in Minnesota” ranking. The estimated yearly cost for Bemidji State University is $10,632 for minnesota bachelor’s degree general economics students whose families make $0-$30k.

Read more about General Economics at Bemidji State University

#9 in overall quality

Minnesota State University - Mankato ranked #7 on this year’s Best Value General Economics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k list. Minnesota State University - Mankato is located in Mankato, Minnesota and, has a fairly large student population. In 2019-2020, this school awarded 25 bachelors’s general economics degrees to qualified students.

As a testament to the quality of education offered at Minnesota State Mankato, the school also landed the #9 spot in our “Best General Economics Bachelor’s Degree Schools in Minnesota” ranking. The yearly cost to attend Minnesota State University - Mankato is $11,057 for minnesota bachelor’s degree general economics students whose families make $0-$30k.

The student loan default rate at the school is 4.4%, which is quite low when compared to the national default rate of 10.1%.

Read full report on General Economics at Minnesota State University - Mankato

#8

Saint Johns University

Collegeville, Minnesota
#5 in overall quality

Saint Johns University did quite well in the 2022 Best Value General Economics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k ranking, coming in at #8. Saint Johns University is a private not-for-profit institution located in Collegeville, Minnesota. The school has a small population, and it awarded 33 bachelors’s degrees in 2019-2020.

SJU not only placed well in this ranking. It is also #5 on our “Best General Economics Bachelor’s Degree Schools in Minnesota” list. The yearly cost to attend Saint Johns University is $14,683 for minnesota bachelor’s degree general economics students whose families make $0-$30k.

The school has an impressive student loan default rate. It’s only 1.2%, which is much lower than the national rate of 10.1%.

Read more about General Economics at SJU

#9

Saint Cloud State University

Saint Cloud, Minnesota
#19 in overall quality

Saint Cloud State University landed the #9 spot on the 2022 Best Value General Economics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k ranking. Located in Saint Cloud, Minnesota, this fairly large public school awarded 7 diplomas to qualified bachelors’s general economics students in 2019-2020.

St. Cloud State University also made our “Best General Economics Bachelor’s Degree Schools in Minnesota” list, coming in at #19. The estimated yearly cost for Saint Cloud State University is $10,688 for minnesota bachelor’s degree general economics students whose families make $0-$30k.

Full Saint Cloud State University General Economics Report

#10

Gustavus Adolphus College

Saint Peter, Minnesota
#6 in overall quality

With a ranking of #10, Gustavus Adolphus College did quite well on the 2022 Best Value General Economics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k list. This small school is located in Saint Peter, Minnesota, and it awarded 24 bachelors’s general economics 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 General Economics Bachelor’s Degree Schools in Minnesota” ranking. The yearly cost to attend Gustavus Adolphus College is $12,150 for minnesota bachelor’s degree general economics students whose families make $0-$30k.

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%. With a freshman retention rate of 88%, the school does an excellent job of retaining its students.

Read more about General Economics at Gustavus Adolphus

#11

Winona State University

Winona, Minnesota
#17 in overall quality

Winona State University came in at #11 in this year’s edition of the Best Value General Economics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k ranking. Winona State University is located in Winona, Minnesota and, has a medium-sized student population. In 2019-2020, this school awarded 5 bachelors’s general economics degrees to qualified students.

In addition to being on our minnesota bachelor’s degree general economics students whose families make $0-$30k list, Winona State has also earned the #17 rank in our “Best General Economics Bachelor’s Degree Schools in Minnesota” ranking. It costs about $12,381 for Minnesota Bachelor’s Degree General Economics students whose families make $0-$30k per year to attend Winona State University.

The school has an impressive student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%.

Read more about General Economics at Winona State University

#15 in overall quality

Minnesota State University - Moorhead came in at #12 in this year’s edition of the Best Value General Economics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k ranking. Minnesota State University - Moorhead is a medium-sized public school situated in Moorhead, Minnesota. It awarded 7 bachelors’s general economics degrees in 2019-2020.

MSU Moorhead not only placed well in this ranking. It is also #15 on our “Best General Economics Bachelor’s Degree Schools in Minnesota” list. The yearly cost to attend Minnesota State University - Moorhead is $12,484 for minnesota bachelor’s degree general economics students whose families make $0-$30k.

The school has an impressive student loan default rate. It’s only 4.5%, which is much lower than the national rate of 10.1%.

Full MSU Moorhead General Economics Report

#13

College of Saint Benedict

Saint Joseph, Minnesota
#4 in overall quality

With a ranking of #13, College of Saint Benedict did quite well on the 2022 Best Value General Economics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k list. CSB is located in Saint Joseph, Minnesota and, has a small student population. In 2019-2020, this school awarded 10 bachelors’s general economics degrees to qualified students.

As a testament to the quality of education offered at CSB, the school also landed the #4 spot in our “Best General Economics Bachelor’s Degree Schools in Minnesota” ranking. It costs about $17,143 for Minnesota Bachelor’s Degree General Economics students whose families make $0-$30k per year to attend CSB.

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%. With a freshman retention rate of 89%, the school does an excellent job of retaining its students.

Read full report on General Economics at College of Saint Benedict

#14

St Catherine University

Saint Paul, Minnesota
#12 in overall quality

St Catherine University ranked #14 on this year’s Best Value General Economics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k list. St Catherine University is a small private not-for-profit school situated in Saint Paul, Minnesota. It awarded 6 bachelors’s general economics degrees in 2019-2020.

St. Kate’s also made our “Best General Economics Bachelor’s Degree Schools in Minnesota” list, coming in at #12. It costs about $15,102 for minnesota bachelor’s degree general economics students whose families make $0-$30k per year to attend St. Kate’s.

The low student loan default rate of 2.7% 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 General Economics at St. Kate’s

#15

Metropolitan State University

Saint Paul, Minnesota
#18 in overall quality

Metropolitan State University came in at #15 in this year’s edition of the Best Value General Economics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k ranking. Metro State is a medium-sized public school situated in Saint Paul, Minnesota. It awarded 7 bachelors’s general economics degrees in 2019-2020.

In addition to being on our minnesota bachelor’s degree general economics students whose families make $0-$30k list, Metro State has also earned the #18 rank in our “Best General Economics Bachelor’s Degree Schools in Minnesota” ranking. The estimated yearly cost for Metro State is $14,388 for Minnesota Bachelor’s Degree General Economics students whose families make $0-$30k.

Full Metro State General Economics Report

#16

Hamline University

Saint Paul, Minnesota
#16 in overall quality

Hamline University landed the #16 spot on the 2022 Best Value General Economics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k ranking. Hamline is a small private not-for-profit school situated in Saint Paul, Minnesota. It awarded 7 bachelors’s general economics degrees in 2019-2020.

Hamline not only placed well in this ranking. It is also #16 on our “Best General Economics Bachelor’s Degree Schools in Minnesota” list. It costs about $17,038 for Minnesota Bachelor’s Degree General Economics students whose families make $0-$30k per year to attend Hamline.

The low student loan default rate of 3.3% 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%.

Read full report on General Economics at Hamline

#17

Augsburg University

Minneapolis, Minnesota
#11 in overall quality

Augsburg University ranked #17 on this year’s Best Value General Economics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k list. This small school is located in Minneapolis, Minnesota, and it awarded 6 bachelors’s general economics degrees in 2019-2020.

Augsburg did well in our major quality rankings, too. It placed #11 on our “Best General Economics Bachelor’s Degree Schools in Minnesota” list. It costs about $21,179 for minnesota bachelor’s degree general economics students whose families make $0-$30k per year to attend Augsburg University.

Read full report on General Economics at Augsburg University

#18

Bethel University Minnesota

Saint Paul, Minnesota
#14 in overall quality

Bethel University Minnesota ranked #18 on this year’s Best Value General Economics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k list. This small school is located in Saint Paul, Minnesota, and it awarded 5 bachelors’s general economics degrees in 2019-2020.

Bethel University Minnesota did well in our major quality rankings, too. It placed #14 on our “Best General Economics Bachelor’s Degree Schools in Minnesota” list. The yearly cost to attend Bethel University Minnesota is $18,396 for Minnesota Bachelor’s Degree General Economics students whose families make $0-$30k.

Students who start out at the school are likely to stick around. The freshman retention rate is 85%. The student loan default rate at the school is 3.0%, which is quite low when compared to the national default rate of 10.1%.

Read full report on General Economics at Bethel University Minnesota

#19

University of St Thomas Minnesota

Saint Paul, Minnesota
#7 in overall quality

University of St Thomas Minnesota ranked #19 on this year’s Best Value General Economics Schools for a Bachelor’s in Minnesota For Those Making $0-$30k list. University of St Thomas Minnesota is a medium-sized private not-for-profit school situated in Saint Paul, Minnesota. It awarded 37 bachelors’s general economics degrees in 2019-2020.

UST MN did well in our major quality rankings, too. It placed #7 on our “Best General Economics Bachelor’s Degree Schools in Minnesota” list. The yearly cost to attend UST MN is $27,460 for minnesota bachelor’s degree general economics students whose families make $0-$30k.

With a freshman retention rate of 87%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 2.1%, which is much lower than the national rate of 10.1%.

Full University of St Thomas Minnesota General Economics 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

  • Credit for the banner image above goes to pixabay.

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