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Best Value Economics Bachelor's Degree Schools in Minnesota

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2023 Best Value Economics Bachelor's Degree Schools in Minnesota

Identifying Quality Schools at More Affordable Prices

19 Colleges
$31,816 Avg Tuition & Fees*
$47,696 Avg Salary

Finding the Best Economics Bachelor's Degree School for You

Economics is the #24 most popular major in Minnesota with 847 degrees and certificates awarded in 2020-2021.

When it comes to higher education, there are a lot of options for students. You can choose a traditional brick and mortar school, or with the growth of online education, you can attend a school half-way across the country without even leaving your house. Also there are many trade schools that offer short-term programs that open up more career options.

The Best Value Economics Bachelor's Degree Schools in Minnesota ranking is one of many tools that Course Advisor has developed to help you make your educational decision. This report analyzed 19 schools in Minnesota to see which ones offered the best value bachelor's degree programs for economics students. The goal was to highlight schools with more affordable prices than others offering similar quality experiences.

This ranking is not just a list of inexpensive schools. We also consider each school's quality, since we believe a low-quality school may not be a 'bargain' at any price. More specifically, we discount our quality score by the published tuition and fees charged by a school. This gives the cost per unit of quality for each college. The value is determined by how much quality your dollar buys.

For nationwide and regional rankings, we use out-of-state tuition and fees in our calculations. Average in-state tuition and fees are used for our statewide rankings.

2023 Best Value Economics Bachelor’s Degree Schools in Minnesota

Check out the economics bachelor's degree programs at these schools if you want to get the best value for your educational dollar.

Top 10 Best Economics Bachelor's Degree Schools

Our analysis found Minnesota State University - Moorhead to be the best value school for economics students who want to pursue a bachelor’s degree in Minnesota. Located in the midsize suburb of Moorhead, MSU Moorhead is a public college with a moderately-sized student population.

The average tuition and fees for an in-state undergraduate at MSU Moorhead are $9,468 a year.

Read full report on Economics at Minnesota State University - Moorhead

A rank of #2 on this year’s list means Winona State University is a great value for economics students working on their bachelor’s degree. Located in the distant town of Winona, Winona State is a public college with a medium-sized student population.

The average tuition and fees for an in-state undergraduate at Winona State are $10,184 a year.

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A rank of #3 on this year’s list means Minnesota State University - Mankato is a great value for economics students working on their bachelor’s degree. Located in the small city of Mankato, Minnesota State Mankato is a public school with a fairly large student population.

The average tuition and fees for an in-state undergraduate at Minnesota State Mankato are $9,146 a year. On average, economics graduates from Minnesota State Mankato take out $21,704 in student loans while working on their Bachelor's Degree.

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Out of the 19 schools in Minnesota that were part of this year’s ranking, Metropolitan State University landed the # 4 spot on the list. Located in the large city of Saint Paul, Metro State is a public school with a medium-sized student population.

In-state tuition fees for undergraduate students at Metro State are $9,394 per year. On average, economics graduates from Metro State take out $18,990 in student loans while working on their Bachelor's Degree.

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#5

Saint Cloud State University

Saint Cloud, MN

A rank of #5 on this year’s list means Saint Cloud State University is a great value for economics students working on their bachelor’s degree. Located in the city of Saint Cloud, St. Cloud State University is a public school with a fairly large student population.

In-state tuition fees for undergraduate students at St. Cloud State University are $9,170 per year. After completing their Bachelor's Degree, economics graduates from St. Cloud State University carry an average student debtload of $28,430.

Full Economics at Saint Cloud State University Report

With a ranking of #6, University of Minnesota - Morris did quite well on this year’s best value schools for economics students working on their bachelor’s degree. UMN Morris is a small public school located in the remote town of Morris.

The average tuition and fees for an in-state undergraduate at UMN Morris are $13,848 a year.

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University of Minnesota - Twin Cities did quite well in this year’s ranking of the best places for economics students to get a bachelor’s degree. It came in at #7 on the list. UMN Twin Cities is a very large public school located in the city of Minneapolis.

In-state tuition fees for undergraduate students at UMN Twin Cities are $15,254 per year. Economics majors at UMN Twin Cities take out an average of $21,196 in student loans while working on their Bachelor's Degree. When it comes time to repay the loan, graduates who are on a 10-year repayment plan pay an average monthly payment of $245.

UMN Twin Cities excels when it comes to quality. It’s ranked in the top 20% of all schools on our Best Economics Bachelor’s Degree Schools in Minnesota list.

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University of Minnesota - Duluth came in at #8 in this year’s edition of the Best Value Economics Bachelor’s Degree Schools in Minnesota ranking. Located in the city of Duluth, UMN Duluth is a public college with a moderately-sized student population.

The average tuition and fees for an in-state undergraduate at UMN Duluth are $13,850 a year. Economics majors at UMN Duluth take out an average of $21,851 in student loans while working on their Bachelor's Degree.

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#9

St Olaf College

Northfield, MN

St Olaf College ranked #9 on this year’s Best Value Economics Bachelor’s Degree Schools in Minnesota list. Located in the town of Northfield, St. Olaf is a private not-for-profit college with a small student population.

St. Olaf undergraduate students pay an average of $52,670 in in-state tuition and fees each year.

In addition to its best value ranking, and one of the reasons why the school is on the list, St. Olaf is ranked #5 for overall quality for economics in Minnesota.

Read full report on Economics at St Olaf College

#10

Gustavus Adolphus College

Saint Peter, MN

Gustavus Adolphus College came in at #10 in this year’s edition of the Best Value Economics Bachelor’s Degree Schools in Minnesota ranking. Gustavus Adolphus is a small private not-for-profit school located in the town of Saint Peter.

Gustavus Adolphus undergraduate students pay an average of $50,490 in in-state tuition and fees each year.

Gustavus Adolphus also took the #4 spot in our Best Economics Bachelor’s Degree Schools in Minnesota rankings.

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Best Value Economics Colleges in the Plains States Region

Explore all the Best Value Economics Schools in the Plains States Area or other specific states within that region.

State Degrees Awarded
Missouri 420
Kansas 344
Iowa 321
Nebraska 111
North Dakota 41
South Dakota 43

Economics is one of 12 different types of programs to choose from.

Related Major Annual Graduates
Political Science & Government 49,282
Sociology 38,475
General Social Sciences 18,997
International Relations & National Security 14,306
Anthropology 11,415

Notes and References

*These averages are for the top 19 schools only.

  • 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 the rest 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).
  • Credit for the banner image above goes to pixabay.

More about our data sources and methodologies.

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