2023 Best Value Economics Schools in Minnesota
Identifying Quality Schools at More Affordable Prices
Finding the Best Economics 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.
To help you arm yourself with the information you need to make your decision, Course Advisor has developed this Best Value Economics Schools in Minnesota ranking. This report analyzed 19 schools in Minnesota to see which ones offered the best value 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.
Top 10 Best Economics Schools
Our analysis found Minnesota State University - Moorhead to be the best value school for economics students who want to pursue a degree in Minnesota. Located in the suburb of Moorhead, MSU Moorhead is a public school with a moderately-sized student population.
In-state tuition fees for undergraduate students at MSU Moorhead are $9,468 per year.
Full Economics at Minnesota State University - Moorhead Report
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You’ll join some of the best and brightest minds around you if you attend Winona State University. The school came in at #2 on this year’s Best Value Economics Schools in Minnesota list. Located in the distant town of Winona, Winona State is a public college with a moderately-sized student population.
Winona State undergraduate students pay an average of $10,184 in in-state tuition and fees each year.
Winona State also claimed a spot on our Best Economics Schools in Minnesota list. It’s in the top 15% of all schools in this category.
Full Economics at Winona State University Report
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You’ll join some of the best and brightest minds around you if you attend Minnesota State University - Mankato. The school came in at #3 on this year’s Best Value Economics Schools in Minnesota list. Located in the 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. After completing their degree, economics graduates from Minnesota State Mankato carry an average student debtload of $22,050.
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You’ll be in good company if you decide to attend Metropolitan State University. It ranked #4 on our 2023 Best Value Economics Schools in Minnesota list. Located in the large city of Saint Paul, Metro State is a public school with a moderately-sized student population.
Metro State undergraduate students pay an average of $9,394 in in-state tuition and fees each year.
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The excellent programs at Saint Cloud State University helped the school earn the #5 place on this year’s ranking of the best economics schools in Minnesota. Located in the small city of Saint Cloud, St. Cloud State University is a public college with a fairly large student population.
In-state tuition fees for undergraduate students at St. Cloud State University are $9,170 per year.
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University of Minnesota - Morris ranked #6 on this year’s Best Value Economics Schools in Minnesota list. UMN Morris is a small public school located in the town of Morris.
In-state tuition fees for undergraduate students at UMN Morris are $13,848 per year.
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University of Minnesota - Twin Cities landed the #7 spot in the 2023 rankings for the best value economics programs. UMN Twin Cities is a fairly 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. The average amount in student loans that economics majors at UMN Twin Cities take out is $21,000. 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 Schools in Minnesota list.
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University of Minnesota - Duluth ranked #8 on this year’s Best Value Economics Schools in Minnesota list. Located in the small city of Duluth, UMN Duluth is a public college with a moderately-sized student population.
In-state tuition fees for undergraduate students at UMN Duluth are $13,850 per year. While working on their degree, economics majors at UMN Duluth accumulate an average of around $24,075 in student debt.
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St Olaf College ranked #9 on this year’s Best Value Economics 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. Economics majors at St. Olaf take out an average of $25,000 in student loans while working on their egree.
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.
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College of Saint Benedict landed the #10 spot in the 2023 rankings for the best value economics programs. CSB is a small private not-for-profit school located in the medium-sized suburb of Saint Joseph.
In-state tuition fees for undergraduate students at CSB are $50,126 per year.
In addition to its best value ranking, and one of the reasons why the school is on the list, CSB is ranked #1 for overall quality for economics in Minnesota.
Request InformationBest Value Economics Colleges in the Plains States Region
Explore all the Best Value Economics Colleges 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 |
More Economics Rankings in Minnesota
Economics Related Majors for Economics
Economics is one of 12 different types of programs to choose from.
Most Popular Related Majors
| 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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