2022 Best Value Master’s Degree Colleges for Economics in Minnesota

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 Economics Schools for a Master’s in Minnesota” ranking - to help you make that decision.

Economics is the 18th most popular major in the country with 48,831 degrees awarded in 2019-2020. 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 master’s degree level specifically, there were 24 economics graduates with average earnings and debt of $55,396 and $40,953 respectively.

This year’s “Best Value Economics Schools for a Master’s in Minnesota” ranking analyzed 2 colleges that offered a degree 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.

Some of the factors we look at when determining these rankings are overall quality of the 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 Economics Schools

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Economics Schools for a Master’s in Minnesota” 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. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

Best Value Economics Schools for a Master’s in Minnesota

The colleges and universities below are the best for minnesota master’s degree economics students.

Top 2 Best Value Master’s Degree Colleges for Economics in Minnesota

#1

University of Minnesota - Twin Cities

Minneapolis, Minnesota

#1 in overall quality

$28,845 Avg Grad Tuition & Fees

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 Master’s in Minnesota. UMN Twin Cities is a public institution located in Minneapolis, Minnesota. The school has a large population, and it awarded 8 masters’s degrees in 2019-2020.

UMN Twin Cities not only placed well in this ranking. It is also #1 on our “Best Economics Master’s Degree Schools in Minnesota” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UMN Twin Cities are $28,845.

Full UMN Twin Cities Economics Report

#2

Saint Mary's University of Minnesota

Winona, Minnesota

#2 in overall quality

$10,260 Avg Grad Tuition & Fees

Out of the 2 schools in the Best Value Economics Schools for a Master’s in Minnesota that were part of this year’s ranking, Saint Mary’s University of Minnesota landed the #2 spot on the list. Located in Winona, Minnesota, this medium-sized private not-for-profit school awarded 13 diplomas to qualified masters’s economics students in 2019-2020.

SMU MN did well in our major quality rankings, too. It placed #2 on our “Best Economics Master’s Degree Schools in Minnesota” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at SMU MN are $10,260.

Read more about Economics at Saint Mary’s University of Minnesota

• Best Value Master’s Degree Colleges for Economics in the Plains States Region
• Best Value Master’s Degree Colleges for Economics

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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