2022 Best Value Bachelor’s Degree Colleges for Economics (Income $75-$110k) in Minnesota
When pursuing a degree in today’s world, students have many different options to choose from. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $75-$110k” ranking - to help you make that decision.
In 2019-2020, 48,831 people earned their degree in economics, making the major the 18th most popular in the United States. In 2017-2018, economics graduates who were awarded their degree in 2015-2017, earned an average of $47,295 and had an average of $21,978 in loans still to pay off.
Across Minnesota, there were 891 economics graduates with average earnings and debt of $48,580 and $22,420 respectively. At the bachelor’s degree level specifically, there were 838 economics graduates with average earnings and debt of $40,526 and $26,035 respectively.
This year’s “Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $75-$110k” ranking looked at 20 colleges that offer degrees in a bachelor’s in economics. The schools that top this list are recognized because they have great economics programs and cost less that schools of similar quality.
When determining these rankings, we looked at things such as overall quality of the economics program at the school and the cost to attend the school once aid has been awarded. 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 Economics Schools for a Bachelor’s in Minnesota For Those Making $75-$110k” list to help you make the college decision.
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Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $75-$110k
The following schools top our list of the Best Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $75-$110k.
Top 20 Best Value Bachelor’s Degree Colleges for Economics (Income $75-$110k) in Minnesota
You’ll join some of the best and brightest minds around if you attend University of Minnesota - Twin Cities. The school came in at #1 for the Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $75-$110k. UMN Twin Cities is a large school located in Minneapolis, Minnesota that handed out 376 bachelors’s economics degrees in 2019-2020.
In addition to being on our minnesota bachelor’s degree economics students whose families make $75-$110k list, UMN Twin Cities has also earned the #3 rank in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. It costs about $19,942 for Minnesota Bachelor’s Degree Economics students whose families make $75-$110k per year to attend UMN Twin Cities.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 93%.
Read full report on Economics at University of Minnesota - Twin Cities
You’ll be in good company if you decide to attend St Olaf College. It ranked #2 on our 2022 Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $75-$110k list. St. Olaf is located in Northfield, Minnesota and, has a small student population. In 2019-2020, this school awarded 107 bachelors’s economics degrees to qualified students.
In addition to being on our minnesota bachelor’s degree economics students whose families make $75-$110k list, St. Olaf has also earned the #2 rank in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. The yearly cost to attend St. Olaf is $22,977 for minnesota bachelor’s degree economics students whose families make $75-$110k.
Students who start out at the school are likely to stick around. The freshman retention rate is 91%. 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%.
Out of the 20 schools in the Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $75-$110k that were part of this year’s ranking, University of Minnesota - Morris landed the #3 spot on the list. Morris, Minnesota is the setting for this small institution of higher learning. The public school handed out bachelors’s economics degrees to 15 students in 2019-2020.
UMN Morris not only placed well in this ranking. It is also #11 on our “Best Economics Bachelor’s Degree Schools in Minnesota” list. The yearly cost to attend UMN Morris is $13,194 for Minnesota Bachelor’s Degree Economics students whose families make $75-$110k.
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%.
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 Economics Schools for a Bachelor’s in Minnesota For Those Making $75-$110k. Located in Northfield, Minnesota, this small private not-for-profit school handed out 45 diplomas to qualified bachelors’s economics students in 2019-2020.
Carleton also took the #1 spot in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. The estimated yearly cost for Carleton College is $23,290 for Minnesota Bachelor’s Degree Economics students whose families make $75-$110k.
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. Students who start out at the school are likely to stick around. The freshman retention rate is 94%. 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%.
Out of the 20 schools in the Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $75-$110k that were part of this year’s ranking, Macalester College landed the #5 spot on the list. This small school is located in Saint Paul, Minnesota, and it awarded 55 bachelors’s economics degrees in 2019-2020.
As a testament to the quality of education offered at Macalester, the school also landed the #4 spot in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. It costs about $26,382 for minnesota bachelor’s degree economics students whose families make $75-$110k per year to attend Macalester.
The impressive student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. With a freshman retention rate of 90%, the school does an excellent job of retaining its students. 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%.
Bemidji State University ranked #6 on this year’s Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $75-$110k list. This small school is located in Bemidji, Minnesota, and it awarded 2 bachelors’s economics degrees in 2019-2020.
Bemidji State University not only placed well in this ranking. It is also #14 on our “Best Economics Bachelor’s Degree Schools in Minnesota” list. It costs about $18,280 for minnesota bachelor’s degree economics students whose families make $75-$110k per year to attend Bemidji State University.
Minnesota State University - Mankato landed the #7 spot on the 2022 Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $75-$110k ranking. Minnesota State University - Mankato is a public institution located in Mankato, Minnesota. The school has a fairly large population, and it awarded 25 bachelors’s degrees in 2019-2020.
Minnesota State Mankato also made our “Best Economics Bachelor’s Degree Schools in Minnesota” list, coming in at #10. The yearly cost to attend Minnesota State University - Mankato is $18,312 for Minnesota Bachelor’s Degree Economics students whose families make $75-$110k.
The school has an impressive student loan default rate. It’s only 4.4%, which is much lower than the national rate of 10.1%.
University of Minnesota - Duluth came in at #8 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $75-$110k ranking. University of Minnesota - Duluth is a public institution located in Duluth, Minnesota. The school has a fairly large population, and it awarded 27 bachelors’s degrees in 2019-2020.
UMN Duluth also took the #9 spot in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. The estimated yearly cost for University of Minnesota - Duluth is $19,042 for Minnesota Bachelor’s Degree Economics students whose families make $75-$110k.
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%.
Saint Cloud State University did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $75-$110k ranking, coming in at #9. St. Cloud State University is a fairly large public school situated in Saint Cloud, Minnesota. It awarded 8 bachelors’s economics degrees in 2019-2020.
As a testament to the quality of education offered at St. Cloud State University, the school also landed the #20 spot in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. It costs about $17,307 for minnesota bachelor’s degree economics students whose families make $75-$110k per year to attend St. Cloud State University.
Winona State University did quite well in the 2022 Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $75-$110k ranking, coming in at #10. Located in Winona, Minnesota, this medium-sized public school awarded 5 degrees to qualified bachelors’s economics students in 2019-2020.
Winona State did well in our major quality rankings, too. It placed #18 on our “Best Economics Bachelor’s Degree Schools in Minnesota” list. The estimated yearly cost for Winona State is $18,682 for minnesota bachelor’s degree economics students whose families make $75-$110k.
The low student loan default rate of 3.4% 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%.
Minnesota State University - Moorhead ranked #11 on this year’s Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $75-$110k list. Located in Moorhead, Minnesota, this medium-sized public school handed out 7 degrees to qualified bachelors’s economics students in 2019-2020.
In addition to being on our minnesota bachelor’s degree economics students whose families make $75-$110k list, MSU Moorhead has also earned the #16 rank in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. It costs about $19,300 for minnesota bachelor’s degree economics students whose families make $75-$110k per year to attend Minnesota State University - Moorhead.
The low student loan default rate of 4.5% 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%.
St Catherine University came in at #12 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $75-$110k ranking. St. Kate’s is located in Saint Paul, Minnesota and, has a small student population. In 2019-2020, this school awarded 11 bachelors’s economics degrees to qualified students.
St. Kate’s not only placed well in this ranking. It is also #13 on our “Best Economics Bachelor’s Degree Schools in Minnesota” list. The estimated yearly cost for St. Kate’s is $21,026 for minnesota bachelor’s degree economics students whose families make $75-$110k.
The school has an impressive student loan default rate. It’s only 2.7%, which is much lower than the national rate of 10.1%.
Saint Johns University came in at #13 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $75-$110k ranking. SJU 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 also took the #6 spot in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. It costs about $24,177 for minnesota bachelor’s degree economics students whose families make $75-$110k per year to attend SJU.
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%.
College of Saint Benedict came in at #14 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $75-$110k ranking. Saint Joseph, Minnesota is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 10 students in 2019-2020.
CSB also took the #5 spot in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. The estimated yearly cost for CSB is $25,952 for minnesota bachelor’s degree economics students whose families make $75-$110k.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 89%.
With a ranking of #15, Gustavus Adolphus College did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $75-$110k list. Gustavus Adolphus College is located in Saint Peter, Minnesota and, has a small student population. In 2019-2020, this school awarded 24 bachelors’s economics degrees to qualified students.
Gustavus Adolphus also made our “Best Economics Bachelor’s Degree Schools in Minnesota” list, coming in at #7. It costs about $20,755 for Minnesota Bachelor’s Degree Economics students whose families make $75-$110k per year to attend Gustavus Adolphus College.
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%.
With a ranking of #16, Hamline University did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $75-$110k list. Hamline is a small school located in Saint Paul, Minnesota that handed out 7 bachelors’s economics degrees in 2019-2020.
Hamline also made our “Best Economics Bachelor’s Degree Schools in Minnesota” list, coming in at #17. The yearly cost to attend Hamline University is $22,880 for Minnesota Bachelor’s Degree Economics students whose families make $75-$110k.
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%.
Metropolitan State University came in at #17 in this year’s edition of the Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $75-$110k ranking. This medium-sized school is located in Saint Paul, Minnesota, and it awarded 7 bachelors’s economics degrees in 2019-2020.
In addition to being on our minnesota bachelor’s degree economics students whose families make $75-$110k list, Metro State has also earned the #19 rank in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. It costs about $20,003 for minnesota bachelor’s degree economics students whose families make $75-$110k per year to attend Metropolitan State University.
Read full report on Economics at Metropolitan State University
With a ranking of #18, Augsburg University did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $75-$110k list. Augsburg is a small school located in Minneapolis, Minnesota that handed out 22 bachelors’s economics degrees in 2019-2020.
Augsburg also took the #12 spot in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. The yearly cost to attend Augsburg is $25,370 for Minnesota Bachelor’s Degree Economics students whose families make $75-$110k.
University of St Thomas Minnesota landed the #19 spot on the 2022 Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $75-$110k ranking. UST MN is located in Saint Paul, Minnesota and, has a medium-sized student population. In 2019-2020, this school awarded 46 bachelors’s economics degrees to qualified students.
UST MN not only placed well in this ranking. It is also #8 on our “Best Economics Bachelor’s Degree Schools in Minnesota” list. The estimated yearly cost for UST MN is $28,674 for minnesota bachelor’s degree economics students whose families make $75-$110k.
With a freshman retention rate of 87%, the school does an excellent job of retaining its students. 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%.
With a ranking of #20, Bethel University Minnesota did quite well on the 2022 Best Value Economics Schools for a Bachelor’s in Minnesota For Those Making $75-$110k list. Bethel University Minnesota is a small private not-for-profit school situated in Saint Paul, Minnesota. It awarded 5 bachelors’s economics degrees in 2019-2020.
Bethel University Minnesota did well in our major quality rankings, too. It placed #15 on our “Best Economics Bachelor’s Degree Schools in Minnesota” list. The yearly cost to attend Bethel University Minnesota is $24,638 for Minnesota Bachelor’s Degree Economics students whose families make $75-$110k.
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%. The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year.
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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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- Credit for the banner image above goes to pixabay.
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