2023 Most Popular Colleges for Economics in Minnesota
23
Ranked Colleges
847
Degrees Awarded
$28,700
Avg Cost*
It’s not easy to decide which college to attend when there so many options available for students. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Most Well Attended Economics Major in Minnesota” ranking is one tool we have developed to help in this regard.
In 2020-2021, 49,055 people earned their degree in economics, making the major the 19th most popular in the United States. 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.
For this year’s “Most Well Attended Economics Major in Minnesota” ranking, we looked at 23 colleges that offer a degree in economics. The schools that top this list are recognized because they have one of the most popular economics programs in the United States.
Check out our ranking methodology for more information.
More Ways to Rank Economics Schools
Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Most Well Attended Economics Major in Minnesota” list, to help you choose the best school for you.
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Most Well Attended Economics Major in Minnesota
The following schools top our list of the Best “Most Well Attended Economics Major in Minnesota”.
Top 23 Most Popular Colleges for Economics in Minnesota
You’ll be in good company if you decide to attend University of Minnesota - Twin Cities. It ranked #1 on our 2023 Most Well Attended Economics Major in Minnesota list. Minneapolis, Minnesota is the setting for this large institution of higher learning. The public school handed out ’s economics degrees to 417 students in 2020-2021.
The undergrad student loan default rate at the school is 1.7%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 93%, the school does an excellent job of retaining its undergraduate students.
Read full report on Economics at University of Minnesota - Twin Cities
You’ll join some of the best and brightest minds around if you attend St Olaf College. The school came in at #2 for the Most Well Attended Economics Major in Minnesota. Located in Northfield, Minnesota, this small private not-for-profit school handed out 90 diplomas to qualified ’s economics students in 2020-2021.
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 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%.
Read more about Economics at St. Olaf
You’ll join some of the best and brightest minds around if you attend Macalester College. The school came in at #3 for the Most Well Attended Economics Major in Minnesota. Macalester College is a small private not-for-profit school situated in Saint Paul, Minnesota. It awarded 57 ’s economics degrees in 2020-2021.
With a freshman retention rate of 90%, the school does an excellent job of retaining its undergraduate students. With a undergrad student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The low undergrad student loan default rate of 0.2% 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 Macalester College
You’ll join some of the best and brightest minds around if you attend University of St Thomas Minnesota. The school came in at #4 for the Most Well Attended Economics Major in Minnesota. This medium-sized school is located in Saint Paul, Minnesota, and it awarded 51 ’s economics degrees in 2020-2021.
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%. With a freshman retention rate of 87%, the school does an excellent job of retaining its undergraduate students.
Read more about Economics at UST MN
You’ll be in good company if you decide to attend Carleton College. It ranked #5 on our 2023 Most Well Attended Economics Major in Minnesota list. This small school is located in Northfield, Minnesota, and it awarded 30 ’s economics degrees in 2020-2021.
With a undergrad student-to-faculty ratio of 8 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. Students who start out at the school are likely to stick around. The freshman retention rate is 94%. The school has an impressive undergrad student loan default rate. It’s only 0.8%, which is much lower than the national rate of 10.1%.
Read full report on Economics at Carleton
University of Minnesota - Duluth came in at #6 in this year’s edition of the Most Well Attended Economics Major in Minnesota ranking. UMN Duluth is a medium-sized school located in Duluth, Minnesota that handed out 27 ’s economics degrees in 2020-2021.
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 more about Economics at UMN Duluth
Saint Johns University landed the #6 spot on the 2023 Most Well Attended Economics Major in Minnesota ranking. SJU is a private not-for-profit institution located in Collegeville, Minnesota. The school has a small population, and it awarded 27 ’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
Gustavus Adolphus College did quite well in the 2023 Most Well Attended Economics Major in Minnesota ranking, coming in at #8. Gustavus Adolphus College is a private not-for-profit institution located in Saint Peter, Minnesota. The school has a small population, and it awarded 19 ’s degrees in 2020-2021.
The low undergrad student loan default rate of 1.2% 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 88%.
Read more about Economics at Gustavus Adolphus
Augsburg University landed the #9 spot on the 2023 Most Well Attended Economics Major in Minnesota ranking. Augsburg is a small school located in Minneapolis, Minnesota that handed out 17 ’s economics degrees in 2020-2021.
Full Augsburg Economics Report
St Catherine University landed the #10 spot on the 2023 Most Well Attended 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 ’s economics degrees to 16 students in 2020-2021.
The undergrad student loan default rate at the school is 3.1%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Economics at St Catherine University
Saint Cloud State University landed the #10 spot on the 2023 Most Well Attended Economics Major in Minnesota ranking. Located in Saint Cloud, Minnesota, this fairly large public school awarded 16 degrees to qualified ’s economics students in 2020-2021.
The school has an impressive undergrad student loan default rate. It’s only 4.6%, which is much lower than the national rate of 10.1%.
Read full report on Economics at Saint Cloud State University
Minnesota State University - Mankato ranked #12 on this year’s Most Well Attended Economics Major in Minnesota list. Minnesota State Mankato is a fairly large public school situated in Mankato, Minnesota. It awarded 13 ’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%.
Full Minnesota State Mankato Economics Report
Saint Mary’s University of Minnesota landed the #13 spot on the 2023 Most Well Attended Economics Major in Minnesota ranking. SMU MN is located in Winona, Minnesota and, has a small student population. In 2020-2021, this school awarded 12 ’s economics degrees to qualified students.
The school has an impressive undergrad student loan default rate. It’s only 2.0%, which is much lower than the national rate of 10.1%.
Read more about Economics at Saint Mary’s University of Minnesota
Bemidji State University did quite well in the 2023 Most Well Attended Economics Major in Minnesota ranking, coming in at #14. Bemidji State University is a small school located in Bemidji, Minnesota that handed out 11 ’s economics degrees 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 more about Economics at Bemidji State University
Minnesota State University - Moorhead landed the #14 spot on the 2023 Most Well Attended Economics Major in Minnesota ranking. This medium-sized school is located in Moorhead, Minnesota, and it awarded 11 ’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
University of Minnesota - Morris came in at #16 in this year’s edition of the Most Well Attended Economics Major in Minnesota ranking. Located in Morris, Minnesota, this small public school awarded 9 degrees to qualified ’s economics students in 2020-2021.
The undergrad student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Economics at UMN Morris
Winona State University came in at #17 in this year’s edition of the Most Well Attended Economics Major in Minnesota ranking. Winona State University is a medium-sized public school situated in Winona, Minnesota. It awarded 7 ’s economics degrees in 2020-2021.
The low undergrad 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 more about Economics at Winona State University
With a ranking of #18, Bethel University Minnesota did quite well on the 2023 Most Well Attended Economics Major in Minnesota list. Bethel University Minnesota is a small private not-for-profit school situated in Saint Paul, Minnesota. It awarded 6 ’s economics degrees in 2020-2021.
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 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%.
Read full report on Economics at Bethel University Minnesota
Hamline University did quite well in the 2023 Most Well Attended Economics Major in Minnesota ranking, coming in at #19. This small school is located in Saint Paul, Minnesota, and it awarded 5 ’s economics degrees 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%.
Full Hamline University Economics Report
With a ranking of #20, Metropolitan State University did quite well on the 2023 Most Well Attended Economics Major in Minnesota list. Metro State is a public institution located in Saint Paul, Minnesota. The school has a medium-sized population, and it awarded 4 ’s degrees in 2020-2021.
The undergrad student loan default rate at the school is 4.2%, which is quite low when compared to the national default rate of 10.1%.
Full Metro State Economics Report
College of Saint Benedict did quite well in the 2023 Most Well Attended Economics Major in Minnesota ranking, coming in at #21. This small school is located in Saint Joseph, Minnesota, and it awarded 2 ’s economics degrees in 2020-2021.
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 school has an impressive undergrad student loan default rate. It’s only 1.5%, which is much lower than the national rate of 10.1%.
Full CSB Economics Report
North Central University did quite well in the 2023 Most Well Attended Economics Major in Minnesota ranking, coming in at #22. North Central University is a small school located in Minneapolis, Minnesota that handed out 0 ’s economics degrees in 2020-2021.
The low undergrad student loan default rate of 3.6% 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 North Central University
The College of Saint Scholastica ranked #22 on this year’s Most Well Attended Economics Major in Minnesota list. Located in Duluth, Minnesota, this small private not-for-profit school awarded 0 degrees to qualified ’s economics students in 2020-2021.
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 more about Economics at The College of Saint Scholastica
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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
- *Avg Salary and Avg 4-Year Grad Rate 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
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