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.
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2023 Best Value Economics Schools in Minnesota
The colleges and universities below are the best value schools for economics majors pursuing a .
Top 10 Best Economics Schools
Our 2023 rankings named Minnesota State University - Moorhead the best value school in Minnesota for economics students. Located in the medium-sized suburb of Moorhead, MSU Moorhead is a public school 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
The excellent programs at Winona State University helped the school earn the #2 place on this year’s ranking of the best economics schools in Minnesota. Located in the town of Winona, Winona State is a public school with a medium-sized student population.
The average tuition and fees for an in-state undergraduate at Winona State are $10,184 a year.
Winona State excels when it comes to quality. It’s ranked in the top 15% of all schools on our Best Economics Schools in Minnesota list.
A rank of #3 on this year’s list means Minnesota State University - Mankato is a great value for economics students. Located in the city of Mankato, Minnesota State Mankato is a public college 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.
The excellent programs at Metropolitan State University helped the school earn the #4 place on this year’s ranking of the best economics schools in Minnesota. Located in the large city of Saint Paul, Metro State is a public college with a moderately-sized student population.
Metro State undergraduate students pay an average of $9,394 in in-state tuition and fees each year.
You’ll be in good company if you decide to attend Saint Cloud State University. It ranked #5 on our 2023 Best Value Economics Schools in Minnesota list. Located in the city of Saint Cloud, St. Cloud State University is a public college with a large student population.
The average tuition and fees for an in-state undergraduate at St. Cloud State University are $9,170 a year.
University of Minnesota - Morris landed the #6 spot in the 2023 rankings for the best value economics programs. 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.
University of Minnesota - Twin Cities came in at #7 in this year’s edition of the Best Value Economics Schools in Minnesota ranking. UMN Twin Cities is a fairly large public school located in the large city of Minneapolis.
UMN Twin Cities undergraduate students pay an average of $15,254 in in-state tuition and fees each 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.
In addition to its great value ranking, UMN Twin Cities is in the top 20% of all schools on our Best Economics Schools in Minnesota list.
University of Minnesota - Duluth did quite well in this year’s ranking of the best value schools for economics students. It came in at #8 on the list. Located in the small city of Duluth, UMN Duluth is a public school with a medium-sized student population.
The average tuition and fees for an in-state undergraduate at UMN Duluth are $13,850 a year. While working on their degree, economics majors at UMN Duluth accumulate an average of around $24,075 in student debt.
St Olaf College did quite well in this year’s ranking of the best value schools for economics students. It came in at #9 on the list. Located in the distant town of Northfield, St. Olaf is a private not-for-profit school with a small student population.
In-state tuition fees for undergraduate students at St. Olaf are $52,670 per year. Economics majors at St. Olaf take out an average of $25,000 in student loans while working on their egree.
St. Olaf did well in our overall quality rankings, too. It placed #5 on our Best Economics Schools in Minnesota list.
With a ranking of #10, Carleton College did quite well on this year’s best value schools for economics students. Carleton is a small private not-for-profit school located in the distant town of Northfield.
The average tuition and fees for an in-state undergraduate at Carleton are $60,225 a year. After completing their degree, economics graduates from Carleton carry an average student debtload of $17,322.
Best 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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