2022 Best Value Bachelor’s Degree Colleges for Economics (Income Over $110k) in Minnesota
When pursuing a degree in today’s world, students have many different options to choose from. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Vallue Economics Schools for a Bachelor’s in Minnesota For Those Making Over $110k” ranking is part of that endeavor.
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 Vallue Economics Schools for a Bachelor’s in Minnesota For Those Making Over $110k” ranking looked at 20 colleges that offer degrees in a bachelor’s in economics. Not only do the schools that top this list have excellent economics 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 economics program at the school and the cost to attend the school once aid has been awarded. See our ranking methodology to learn more.
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Best Vallue Economics Schools for a Bachelor’s in Minnesota For Those Making Over $110k
The colleges and universities below are the best for minnesota bachelor’s degree economics students whose families make more than $110k.
Top 20 Best Value Bachelor’s Degree Colleges for Economics (Income Over $110k) in Minnesota
Out of the 20 schools in the Best Vallue Economics Schools for a Bachelor’s in Minnesota For Those Making Over $110k that were part of this year’s ranking, University of Minnesota - Morris landed the #1 spot on the list. University of Minnesota - Morris is a small public school situated in Morris, Minnesota. It awarded 15 bachelors’s economics degrees in 2019-2020.
In addition to being on our minnesota bachelor’s degree economics students whose families make more than $110k list, UMN Morris has also earned the #11 rank in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. The estimated yearly cost for University of Minnesota - Morris is $11,412 for Minnesota Bachelor’s Degree Economics students whose families make more than $110k.
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%.
Read full report on Economics at University of Minnesota - Morris
You’ll be in good company if you decide to attend University of Minnesota - Twin Cities. It ranked #2 on our 2022 Best Vallue Economics Schools for a Bachelor’s in Minnesota For Those Making Over $110k list. University of Minnesota - Twin Cities is a public institution located in Minneapolis, Minnesota. The school has a large population, and it awarded 376 bachelors’s degrees in 2019-2020.
UMN Twin Cities also took the #3 spot in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. It costs about $17,740 for minnesota bachelor’s degree economics students whose families make more than $110k per year to attend University of Minnesota - Twin Cities.
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%. Students who start out at the school are likely to stick around. The freshman retention rate is 93%.
You’ll join some of the best and brightest minds around if you attend Minnesota State University - Mankato. The school came in at #3 for the Best Vallue Economics Schools for a Bachelor’s in Minnesota For Those Making Over $110k. 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 economics degrees to qualified students.
Minnesota State Mankato did well in our major quality rankings, too. It placed #10 on our “Best Economics Bachelor’s Degree Schools in Minnesota” list. It costs about $16,221 for Minnesota Bachelor’s Degree Economics students whose families make more than $110k per year to attend Minnesota State Mankato.
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%.
You’ll join some of the best and brightest minds around if you attend Bemidji State University. The school came in at #4 for the Best Vallue Economics Schools for a Bachelor’s in Minnesota For Those Making Over $110k. This small school is located in Bemidji, Minnesota, and it awarded 2 bachelors’s economics degrees in 2019-2020.
In addition to being on our minnesota bachelor’s degree economics students whose families make more than $110k list, Bemidji State University has also earned the #14 rank in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. It costs about $15,868 for Minnesota Bachelor’s Degree Economics students whose families make more than $110k per year to attend Bemidji State University.
You’ll join some of the best and brightest minds around if you attend Saint Cloud State University. The school came in at #5 for the Best Vallue Economics Schools for a Bachelor’s in Minnesota For Those Making Over $110k. St. Cloud State University is a fairly large school located in Saint Cloud, Minnesota that handed out 8 bachelors’s economics degrees in 2019-2020.
In addition to being on our minnesota bachelor’s degree economics students whose families make more than $110k list, St. Cloud State University has also earned the #20 rank in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. It costs about $14,267 for minnesota bachelor’s degree economics students whose families make more than $110k per year to attend St. Cloud State University.
With a ranking of #6, Minnesota State University - Moorhead did quite well on the 2022 Best Vallue Economics Schools for a Bachelor’s in Minnesota For Those Making Over $110k list. MSU Moorhead is located in Moorhead, Minnesota and, has a medium-sized student population. In 2019-2020, this school awarded 7 bachelors’s economics degrees to qualified students.
As a testament to the quality of education offered at MSU Moorhead, the school also landed the #16 spot in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. The estimated yearly cost for MSU Moorhead is $16,893 for Minnesota Bachelor’s Degree Economics students whose families make more than $110k.
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%.
Read more about Economics at Minnesota State University - Moorhead
Winona State University came in at #7 in this year’s edition of the Best Vallue Economics Schools for a Bachelor’s in Minnesota For Those Making Over $110k ranking. This medium-sized school is located in Winona, Minnesota, and it awarded 5 bachelors’s economics degrees in 2019-2020.
In addition to being on our minnesota bachelor’s degree economics students whose families make more than $110k list, Winona State has also earned the #18 rank in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. The yearly cost to attend Winona State University is $17,656 for minnesota bachelor’s degree economics students whose families make more than $110k.
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%.
With a ranking of #8, University of Minnesota - Duluth did quite well on the 2022 Best Vallue Economics Schools for a Bachelor’s in Minnesota For Those Making Over $110k list. Duluth, Minnesota is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s economics degrees to 27 students in 2019-2020.
UMN Duluth did well in our major quality rankings, too. It placed #9 on our “Best Economics Bachelor’s Degree Schools in Minnesota” list. It costs about $17,067 for Minnesota Bachelor’s Degree Economics students whose families make more than $110k per year to attend University of Minnesota - Duluth.
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%.
St Catherine University did quite well in the 2022 Best Vallue Economics Schools for a Bachelor’s in Minnesota For Those Making Over $110k ranking, coming in at #9. Saint Paul, Minnesota is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s economics degrees to 11 students in 2019-2020.
In addition to being on our minnesota bachelor’s degree economics students whose families make more than $110k list, St. Kate’s has also earned the #13 rank in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. The estimated yearly cost for St Catherine University is $19,078 for minnesota bachelor’s degree economics students whose families make more than $110k.
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%.
With a ranking of #10, Metropolitan State University did quite well on the 2022 Best Vallue Economics Schools for a Bachelor’s in Minnesota For Those Making Over $110k list. Metro State is a public institution located in Saint Paul, Minnesota. The school has a medium-sized population, and it awarded 7 bachelors’s degrees in 2019-2020.
In addition to being on our minnesota bachelor’s degree economics students whose families make more than $110k list, Metro State has also earned the #19 rank in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. It costs about $15,225 for Minnesota Bachelor’s Degree Economics students whose families make more than $110k per year to attend Metropolitan State University.
Saint Johns University did quite well in the 2022 Best Vallue Economics Schools for a Bachelor’s in Minnesota For Those Making Over $110k ranking, coming in at #11. Located in Collegeville, Minnesota, this small private not-for-profit school handed out 33 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 more than $110k list, SJU has also earned the #6 rank in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. The estimated yearly cost for SJU is $24,271 for Minnesota Bachelor’s Degree Economics students whose families make more than $110k.
The student loan default rate at the school is 1.2%, which is quite low when compared to the national default rate of 10.1%.
Gustavus Adolphus College ranked #12 on this year’s Best Vallue Economics Schools for a Bachelor’s in Minnesota For Those Making Over $110k list. Gustavus Adolphus 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.
In addition to being on our minnesota bachelor’s degree economics students whose families make more than $110k list, Gustavus Adolphus has also earned the #7 rank in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. The estimated yearly cost for Gustavus Adolphus is $19,093 for Minnesota Bachelor’s Degree Economics students whose families make more than $110k.
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%. The school has an excellent freshman retention rate of 88%, which means students like the school well enough to return for a second year.
College of Saint Benedict came in at #13 in this year’s edition of the Best Vallue Economics Schools for a Bachelor’s in Minnesota For Those Making Over $110k ranking. College of Saint Benedict is a private not-for-profit institution located in Saint Joseph, Minnesota. The school has a small population, and it awarded 10 bachelors’s degrees in 2019-2020.
CSB not only placed well in this ranking. It is also #5 on our “Best Economics Bachelor’s Degree Schools in Minnesota” list. The estimated yearly cost for College of Saint Benedict is $25,785 for Minnesota Bachelor’s Degree Economics students whose families make more than $110k.
The school has an excellent freshman retention rate of 89%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 0.9%, which is quite low when compared to the national default rate of 10.1%.
With a ranking of #14, St Olaf College did quite well on the 2022 Best Vallue Economics Schools for a Bachelor’s in Minnesota For Those Making Over $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.
As a testament to the quality of education offered at St. Olaf, the school also landed the #2 spot in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. It costs about $23,543 for minnesota bachelor’s degree economics students whose families make more than $110k per year to attend St Olaf College.
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%. The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year.
With a ranking of #15, University of St Thomas Minnesota did quite well on the 2022 Best Vallue Economics Schools for a Bachelor’s in Minnesota For Those Making Over $110k list. This medium-sized school is located in Saint Paul, Minnesota, and it awarded 46 bachelors’s economics degrees in 2019-2020.
UST MN also took the #8 spot in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. It costs about $29,155 for minnesota bachelor’s degree economics students whose families make more than $110k 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%. With a freshman retention rate of 87%, the school does an excellent job of retaining its students.
With a ranking of #16, Hamline University did quite well on the 2022 Best Vallue Economics Schools for a Bachelor’s in Minnesota For Those Making Over $110k list. Hamline University is a small private not-for-profit school situated in Saint Paul, Minnesota. It awarded 7 bachelors’s economics degrees in 2019-2020.
Hamline not only placed well in this ranking. It is also #17 on our “Best Economics Bachelor’s Degree Schools in Minnesota” list. It costs about $20,866 for minnesota bachelor’s degree economics students whose families make more than $110k per year to attend Hamline University.
The school has an impressive student loan default rate. It’s only 3.3%, which is much lower than the national rate of 10.1%.
Augsburg University ranked #17 on this year’s Best Vallue Economics Schools for a Bachelor’s in Minnesota For Those Making Over $110k list. Located in Minneapolis, Minnesota, this small private not-for-profit school awarded 22 degrees to qualified bachelors’s economics students in 2019-2020.
As a testament to the quality of education offered at Augsburg, the school also landed the #12 spot in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. The yearly cost to attend Augsburg University is $24,653 for minnesota bachelor’s degree economics students whose families make more than $110k.
Carleton College ranked #18 on this year’s Best Vallue Economics Schools for a Bachelor’s in Minnesota For Those Making Over $110k list. This small school is located in Northfield, Minnesota, and it awarded 45 bachelors’s economics degrees in 2019-2020.
As a testament to the quality of education offered at Carleton, the school also landed the #1 spot in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. It costs about $31,133 for Minnesota Bachelor’s Degree Economics students whose families make more than $110k per year to attend Carleton.
Students who start out at the school are likely to stick around. The freshman retention rate is 94%. 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.
With a ranking of #19, Bethel University Minnesota did quite well on the 2022 Best Vallue Economics Schools for a Bachelor’s in Minnesota For Those Making Over $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 also took the #15 spot in our “Best Economics Bachelor’s Degree Schools in Minnesota” ranking. The yearly cost to attend Bethel University Minnesota is $25,191 for minnesota bachelor’s degree economics students whose families make more than $110k.
The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year. 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%.
With a ranking of #20, Macalester College did quite well on the 2022 Best Vallue Economics Schools for a Bachelor’s in Minnesota For Those Making Over $110k list. Located in Saint Paul, Minnesota, this small private not-for-profit school awarded 55 diplomas to qualified bachelors’s economics students in 2019-2020.
Macalester did well in our major quality rankings, too. It placed #4 on our “Best Economics Bachelor’s Degree Schools in Minnesota” list. The yearly cost to attend Macalester is $28,426 for minnesota bachelor’s degree economics students whose families make more than $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%. The student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. With a freshman retention rate of 90%, the school does an excellent job of retaining its students.
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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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