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2023 Most Focused Bachelor’s Degree Colleges for Economics in Minnesota

22 Ranked Colleges
778 Degrees Awarded
$50,553 Avg Salary
Schools for a Bachelor's Highly Focused on Economics Major in Minnesota

When pursuing a degree in today’s world, students have many different options to choose from. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Schools for a Bachelor’s Highly Focused on Economics Major in Minnesota” ranking.

Economics is the 19th most popular major in the country with 49,055 degrees awarded in 2020-2021. In 2019-2020, economics graduates who were awarded their degree in 2017-2019, earned an average of $48,736 and had an average of $22,046 in loans still to pay off.

Across Minnesota, there were 847 economics graduates with average earnings and debt of $50,553 and $24,664 respectively. At the bachelor’s degree level specifically, there were 778 economics graduates with average earnings and debt of $42,071 and $28,140 respectively.

This year’s “Schools for a Bachelor’s Highly Focused on Economics Major in Minnesota” ranking looked at 22 colleges that offer degrees in a bachelor’s in economics. The colleges and universities that top this list are recognized because their economics program is one of the largest majors offered at the school.

For more information, check out our ranking methodology.

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Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Schools for a Bachelor’s Highly Focused on Economics Major in Minnesota” list, to help you choose the best school for you.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. Go ahead and give it a try, or bookmark the link so you can check it out later.

Schools for a Bachelor’s Highly Focused on Economics Major in Minnesota

The following schools top our list of the Best “Schools for a Bachelor’s Highly Focused on Economics Major in Minnesota”.

Top 22 Most Focused Bachelor’s Degree Colleges for Economics in Minnesota

1
Macalester crest
Macalester College
Saint Paul, Minnesota

Out of the 22 schools in the Schools for a Bachelor’s Highly Focused on Economics Major in Minnesota that were part of this year’s ranking, Macalester College landed the #1 spot on the list. Macalester College is a private not-for-profit institution located in Saint Paul, Minnesota. The school has a small population, and it awarded 57 bachelors’s degrees in 2020-2021.

Students who start out at the school are likely to stick around. The freshman retention rate is 90%. The school has an impressive undergrad student loan default rate. It’s only 0.2%, which is much lower than the national rate of 10.1%. The undergraduate 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.

Full Macalester College Economics Report

2
St. Olaf crest
St Olaf College
Northfield, Minnesota

Out of the 22 schools in the Schools for a Bachelor’s Highly Focused on Economics Major in Minnesota that were part of this year’s ranking, St Olaf College landed the #2 spot on the list. Located in Northfield, Minnesota, this small private not-for-profit school awarded 90 degrees to qualified bachelors’s economics students in 2020-2021.

The undergrad student loan default rate at the school is 0.8%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 91%.

Full St Olaf College Economics Report

3
SJU crest
Saint Johns University
Collegeville, Minnesota

You’ll be in good company if you decide to attend Saint Johns University. It ranked #3 on our 2023 Schools for a Bachelor’s Highly Focused on Economics Major in Minnesota list. SJU is a private not-for-profit institution located in Collegeville, Minnesota. The school has a small population, and it awarded 27 bachelors’s degrees in 2020-2021.

The undergrad student loan default rate at the school is 2.8%, which is quite low when compared to the national default rate of 10.1%.

Full SJU Economics Report

4
Carleton crest
Carleton College
Northfield, Minnesota

Out of the 22 schools in the Schools for a Bachelor’s Highly Focused on Economics Major in Minnesota that were part of this year’s ranking, Carleton College landed the #4 spot on the list. Carleton College is a small school located in Northfield, Minnesota that handed out 30 bachelors’s economics degrees in 2020-2021.

The undergrad student loan default rate at the school is 0.8%, which is quite low when compared to the national default rate of 10.1%. Since the school has a undergrad student-to-faculty ratio of 8 to 1, those pursuing a degree will have more opportunities to interact with their professors. Students who start out at the school are likely to stick around. The freshman retention rate is 94%.

Read full report on Economics at Carleton

5
Gustavus Adolphus crest
Gustavus Adolphus College
Saint Peter, Minnesota

You’ll be in good company if you decide to attend Gustavus Adolphus College. It ranked #5 on our 2023 Schools for a Bachelor’s Highly Focused on Economics Major in Minnesota list. This small school is located in Saint Peter, Minnesota, and it awarded 19 bachelors’s economics degrees in 2020-2021.

The undergrad student loan default rate at the school is 1.2%, which is quite low when compared to the national default 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.

Read full report on Economics at Gustavus Adolphus

6

University of Minnesota - Morris ranked #6 on this year’s Schools for a Bachelor’s Highly Focused on Economics Major in Minnesota list. University of Minnesota - Morris is a small school located in Morris, Minnesota that handed out 9 bachelors’s economics degrees in 2020-2021.

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

Full UMN Morris Economics Report

7

University of Minnesota - Twin Cities did quite well in the 2023 Schools for a Bachelor’s Highly Focused on Economics Major in Minnesota ranking, coming in at #7. University of Minnesota - Twin Cities is a large school located in Minneapolis, Minnesota that handed out 363 bachelors’s economics degrees in 2020-2021.

The low undergrad student loan default rate of 1.7% 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 freshman retention rate of 93%, the school does an excellent job of retaining its undergraduate students.

Read more about Economics at University of Minnesota - Twin Cities

8
Augsburg crest
Augsburg University
Minneapolis, Minnesota

With a ranking of #8, Augsburg University did quite well on the 2023 Schools for a Bachelor’s Highly Focused on Economics Major in Minnesota list. Augsburg is a small private not-for-profit school situated in Minneapolis, Minnesota. It awarded 17 bachelors’s economics degrees in 2020-2021.

Read more about Economics at Augsburg University

9
UST MN crest
University of St Thomas Minnesota
Saint Paul, Minnesota

University of St Thomas Minnesota ranked #9 on this year’s Schools for a Bachelor’s Highly Focused on Economics Major in Minnesota list. UST MN is a medium-sized private not-for-profit school situated in Saint Paul, Minnesota. It awarded 51 bachelors’s economics degrees in 2020-2021.

Students who start out at the school are likely to stick around. The freshman retention rate is 87%. The low undergrad student loan default rate of 1.4% 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%.

Read more about Economics at University of St Thomas Minnesota

10
St. Kate's crest
St Catherine University
Saint Paul, Minnesota

St Catherine University came in at #10 in this year’s edition of the Schools for a Bachelor’s Highly Focused on Economics Major in Minnesota ranking. 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 16 students in 2020-2021.

The school has an impressive undergrad student loan default rate. It’s only 3.1%, which is much lower than the national rate of 10.1%.

Read more about Economics at St. Kate’s

11

University of Minnesota - Duluth came in at #11 in this year’s edition of the Schools for a Bachelor’s Highly Focused on Economics Major in Minnesota ranking. University of Minnesota - Duluth is located in Duluth, Minnesota and, has a medium-sized student population. In 2020-2021, this school awarded 27 bachelors’s economics degrees to qualified students.

The school has an impressive undergrad student loan default rate. It’s only 2.6%, which is much lower than the national rate of 10.1%.

Read full report on Economics at University of Minnesota - Duluth

12
Bemidji State University crest
Bemidji State University
Bemidji, Minnesota

With a ranking of #12, Bemidji State University did quite well on the 2023 Schools for a Bachelor’s Highly Focused on Economics Major in Minnesota list. Located in Bemidji, Minnesota, this small public school awarded 11 degrees to qualified bachelors’s economics students in 2020-2021.

The low undergrad student loan default rate of 3.2% 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 full report on Economics at Bemidji State University

13

Minnesota State University - Moorhead landed the #13 spot on the 2023 Schools for a Bachelor’s Highly Focused on Economics Major in Minnesota ranking. This medium-sized school is located in Moorhead, Minnesota, and it awarded 11 bachelors’s economics degrees in 2020-2021.

The low undergrad 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%.

Read more about Economics at MSU Moorhead

14
St. Cloud State University crest
Saint Cloud State University
Saint Cloud, Minnesota

Saint Cloud State University did quite well in the 2023 Schools for a Bachelor’s Highly Focused on Economics Major in Minnesota ranking, coming in at #14. St. Cloud State University is a fairly large school located in Saint Cloud, Minnesota that handed out 13 bachelors’s economics degrees in 2020-2021.

The low undergrad student loan default rate of 4.6% 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 St. Cloud State University

15
Bethel University Minnesota crest
Bethel University Minnesota
Saint Paul, Minnesota

With a ranking of #15, Bethel University Minnesota did quite well on the 2023 Schools for a Bachelor’s Highly Focused on Economics Major in Minnesota list. Bethel University Minnesota is a small school located in Saint Paul, Minnesota that handed out 6 bachelors’s economics degrees in 2020-2021.

The undergrad student loan default rate at the school is 1.9%, which is quite low when compared to the national default rate of 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.

Full Bethel University Minnesota Economics Report

16
Hamline crest
Hamline University
Saint Paul, Minnesota

Hamline University came in at #16 in this year’s edition of the Schools for a Bachelor’s Highly Focused on Economics Major in Minnesota ranking. 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 5 students in 2020-2021.

The school has an impressive undergrad student loan default rate. It’s only 3.2%, which is much lower than the national rate of 10.1%.

Read full report on Economics at Hamline

17
CSB crest
College of Saint Benedict
Saint Joseph, Minnesota

College of Saint Benedict landed the #17 spot on the 2023 Schools for a Bachelor’s Highly Focused on Economics Major in Minnesota ranking. College of Saint Benedict is a small school located in Saint Joseph, Minnesota that handed out 2 bachelors’s economics degrees in 2020-2021.

The low undergrad student loan default rate of 1.5% 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%. The school has an excellent freshman retention rate of 89%, which means students like the school well enough to return for a second year.

Full CSB Economics Report

18
Winona State crest
Winona State University
Winona, Minnesota

With a ranking of #18, Winona State University did quite well on the 2023 Schools for a Bachelor’s Highly Focused on Economics Major in Minnesota list. Winona State University is located in Winona, Minnesota and, has a medium-sized student population. In 2020-2021, this school awarded 7 bachelors’s economics degrees to qualified students.

The school has an impressive undergrad student loan default rate. It’s only 2.7%, which is much lower than the national rate of 10.1%.

Full Winona State University Economics Report

19

Minnesota State University - Mankato came in at #19 in this year’s edition of the Schools for a Bachelor’s Highly Focused on Economics Major in Minnesota ranking. Minnesota State Mankato is a public institution located in Mankato, Minnesota. The school has a fairly large population, and it awarded 13 bachelors’s degrees in 2020-2021.

The undergrad student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Economics at Minnesota State University - Mankato

20
Metro State crest
Metropolitan State University
Saint Paul, Minnesota

Metropolitan State University did quite well in the 2023 Schools for a Bachelor’s Highly Focused on Economics Major in Minnesota ranking, coming in at #20. Metro State is a medium-sized school located in Saint Paul, Minnesota that handed out 4 bachelors’s economics degrees in 2020-2021.

The school has an impressive undergrad student loan default rate. It’s only 4.2%, which is much lower than the national rate of 10.1%.

Full Metropolitan State University Economics Report

21
North Central University crest
North Central University
Minneapolis, Minnesota

North Central University came in at #21 in this year’s edition of the Schools for a Bachelor’s Highly Focused on Economics Major in Minnesota ranking. North Central University is a small private not-for-profit school situated in Minneapolis, Minnesota. It awarded 0 bachelors’s economics degrees in 2020-2021.

The undergrad student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Economics at North Central University

21

The College of Saint Scholastica did quite well in the 2023 Schools for a Bachelor’s Highly Focused on Economics Major in Minnesota ranking, coming in at #21. Located in Duluth, Minnesota, this small private not-for-profit school handed out 0 diplomas to qualified bachelors’s economics students in 2020-2021.

The undergrad student loan default rate at the school is 2.6%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Economics at The College of Saint Scholastica

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