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Highlighting Quality Schools With More Affordable Prices
There are so many business programs in today's world that it can tough to figure out which one is the right one for you. 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 and bootcamps that offer short-term programs that open up more career options.
Along with in-depth profiles of schools and the programs they offer, Business Degree Central has created the <nil> to help you in your search for the best school for you.
When determining this ranking, we place a high emphasis on the school's quality as well as its sticker price. Even though a college may be affordable, it may not offer value. Specifically, our score for quality is discounted by the published tuition and fees charged by the given college. This gives the cost per unit of quality for each college. The more quality your dollar buys, the better the value.
Our calculations use out-of-state tuition and fees in our nationwide and regional rankings. For statewide rankings, we use average in-state tuition and fees.
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Top Value Business Schools in Minnesota
Learn more about these excellent schools below:
Our analysis found Anoka-Ramsey Community College to be the best value school for business students in Minnesota. This medium-sized public school is located in Coon Rapids, Minnesota, and it awarded 136 degrees in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at Anoka-Ramsey Community College-Coon Rapids Campus are $5,515 a year. Degree recipients from the school accumulate an average of $23,645 in student debt by the time they complete their degree. During the early years of their career, Anoka-Ramsey Community College-Coon Rapids Campus graduates make an average of $43,464 annually.
Anoka-Ramsey Community College-Coon Rapids Campus also took the #2 spot in our rankings.
Out of the 38 schools in Minnesota that were part of this year’s ranking, North Hennepin Community College landed the # 2 spot on the list. North Hennepin Community College is a medium-sized public school located in Brooklyn Park, Minnesota that handed out 589 degrees in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at North Hennepin Community College are $4,882 a year. By the time they get their degree, students from this school have racked up an average of $24,533 in student loans. Once they receive their degree, North Hennepin Community College graduates enter the workforce, making an average salary of $42,370 during the early year of their career.
On top of its placing in our value ranking, North Hennepin Community College also did well on our list. It’s in the top 20% of all schools reviewed in this analysis.
A rank of #3 on this year’s list means Dakota County Technical College is a great place for business students who want to get the most value for their educational dollar. DCTC is a small public school situated in Rosemount, Minnesota. It awarded 146 degrees in 2020-2021.
DCTC undergraduate students pay an average of $6,208 in tuition and fees each year. On average, students take out $18,397 in loans while pursuing their degree. Once they receive their degree, DCTC graduates enter the workforce, making an average salary of $46,125 during the early year of their career.
DCTC also made our list, coming in at #1.
A rank of #4 on this year’s list means Minnesota State Community and Technical College is a great place for business students who want to get the most value for their educational dollar. M State is a public institution located in Fergus Falls, Minnesota. The school has a medium-sized population, and it awarded 171 degrees in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at M State are $5,862 a year. Degree recipients from the school accumulate an average of $19,353 in student debt by the time they complete their degree. During the early years of their career, M State graduates make an average of $39,038 annually.
M State also took the #5 spot in our rankings.
You’ll be in good company if you decide to attend Normandale Community College. It ranked #5 on our list. Normandale Community College is a public institution located in Bloomington, Minnesota. The school has a medium-sized population, and it awarded 210 degrees in 2020-2021.
Normandale Community College undergraduate students pay an average of $5,789 in tuition and fees each year. By the time they get their degree, students from this school have racked up an average of $20,674 in student loans. During the early years of their career, Normandale Community College graduates make an average of $41,929 annually.
Normandale Community College also claimed a spot on our list. It’s in the top 20% of all schools in this category.
Rochester Community and Technical College did quite well in this year’s ranking of the best value places for business students. It came in at #6 on the list. Rochester Community and Technical College is a small public school situated in Rochester, Minnesota. It awarded 77 degrees in 2020-2021.
Out-of-state tuition fees for undergraduate students at Rochester Community and Technical College are $5,372 per year. On average, students take out $22,298 in loans while pursuing their degree. During the early years of their career, Rochester Community and Technical College graduates make an average of $41,604 annually.
Read full report on Rochester Community and Technical College
St Cloud Technical and Community College ranked #7 on this year’s list. Saint Cloud, Minnesota is the setting for this small institution of higher learning. The public school handed out degrees to 91 students in 2020-2021.
St Cloud Technical and Community College undergraduate students pay an average of $5,874 in tuition and fees each year. On average, students take out $18,381 in loans while pursuing their degree.After graduating from St Cloud Technical and Community College, students go on to jobs where they make an average of $40,365 during the early years of their career.
Century College landed the #8 spot in the rankings for the best value business programs. This medium-sized public school is located in White Bear Lake, Minnesota, and it awarded 197 degrees in 2020-2021.
Century College undergraduate students pay an average of $5,907 in tuition and fees each year. On average, students take out $22,112 in loans while pursuing their degree. During the early years of their career, Century College graduates make an average of $40,997 annually.
Alexandria Technical & Community College did quite well in this year’s ranking of the best value places for business students. It came in at #9 on the list. ATCC is a small public school situated in Alexandria, Minnesota. It awarded 32 degrees in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at ATCC are $5,910 a year. By the time they get their degree, students from this school have racked up an average of $15,948 in student loans. During the early years of their career, ATCC graduates make an average of $40,141 annually.
Read full report on Alexandria Technical & Community College
Saint Paul College landed the #10 spot in the rankings for the best value business programs. Saint Paul College is located in Saint Paul, Minnesota and has a medium-sized student population. In 2020-2021, this school awarded 135 degrees to qualified students.
The average tuition and fees for an out-of-state undergraduate students at Saint Paul College are $6,041 a year. On average, students take out $20,623 in loans while pursuing their degree. During the early years of their career, Saint Paul College graduates make an average of $36,206 annually.
South Central College landed the #11 spot in the rankings for the best value business programs. South Central College is a public institution located in North Mankato, Minnesota. The school has a small population, and it awarded 57 degrees in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at South Central College are $5,966 a year. On average, students take out $18,542 in loans while pursuing their degree. Once they receive their degree, South Central College graduates enter the workforce, making an average salary of $36,588 during the early year of their career.
Minnesota State College Southeast came in at #12 in this year’s edition of the ranking. MSC Southeast is a public institution located in Winona, Minnesota. The school has a small population, and it awarded 46 degrees in 2020-2021.
Out-of-state tuition fees for undergraduate students at MSC Southeast are $6,562 per year. On average, students take out $21,477 in loans while pursuing their degree. During the early years of their career, MSC Southeast graduates make an average of $39,491 annually.
Lake Superior College landed the #13 spot in the rankings for the best value business programs. LSC is located in Duluth, Minnesota and has a small student population. In 2020-2021, this school awarded 35 degrees to qualified students.
Out-of-state tuition fees for undergraduate students at LSC are $5,616 per year. On average, students take out $20,849 in loans while pursuing their degree. Once they receive their degree, LSC graduates enter the workforce, making an average salary of $37,585 during the early year of their career.
Minnesota West Community and Technical College came in at #14 in this year’s edition of the ranking. Granite Falls, Minnesota is the setting for this small institution of higher learning. The public school handed out degrees to 91 students in 2020-2021.
Out-of-state tuition fees for undergraduate students at Minnesota West are $11,936 per year. Degree recipients from the school accumulate an average of $12,553 in student debt by the time they complete their degree.After graduating from Minnesota West, students go on to jobs where they make an average of $38,213 during the early years of their career.
Minneapolis Community and Technical College ranked #15 on this year’s list. Minneapolis Community and Technical College is a public institution located in Minneapolis, Minnesota. The school has a medium-sized population, and it awarded 84 degrees in 2020-2021.
Out-of-state tuition fees for undergraduate students at Minneapolis Community and Technical College are $5,906 per year. On average, students take out $25,516 in loans while pursuing their degree. During the early years of their career, Minneapolis Community and Technical College graduates make an average of $42,845 annually.
Minnesota State University - Mankato did quite well in this year’s ranking of the best value places for business students. It came in at #16 on the list. Located in Mankato, Minnesota, the fairly large public school awarded 666 diplomas to qualifed students in 2020-2021.
Out-of-state tuition fees for undergraduate students at Minnesota State Mankato are $18,200 per year. By the time they get their degree, students from this school have racked up an average of $24,437 in student loans. Those who take out this much in loans have to make a monthly payment of about $133 if they are on a 10-year repayment plan. Once they receive their degree, Minnesota State Mankato graduates enter the workforce, making an average salary of $46,060 during the early year of their career.
Bemidji State University did quite well in this year’s ranking of the best value places for business students. It came in at #17 on the list. Bemidji State University is located in Bemidji, Minnesota and has a small student population. In 2020-2021, this school awarded 280 degrees to qualified students.
Bemidji State University undergraduate students pay an average of $9,806 in tuition and fees each year. By the time they get their degree, students from this school have racked up an average of $25,667 in student loans. Once they receive their degree, Bemidji State University graduates enter the workforce, making an average salary of $43,896 during the early year of their career.
Minnesota State University - Moorhead did quite well in this year’s ranking of the best value places for business students. It came in at #18 on the list. Located in Moorhead, Minnesota, the medium-sized public school handed out 313 degrees in 2020-2021.
MSU Moorhead undergraduate students pay an average of $17,564 in tuition and fees each year. By the time they get their degree, students from this school have racked up an average of $25,798 in student loans. During the early years of their career, MSU Moorhead graduates make an average of $40,896 annually.
Metropolitan State University did quite well in this year’s ranking of the best value places for business students. It came in at #19 on the list. Metropolitan State University is a medium-sized public school located in Saint Paul, Minnesota that handed out 647 degrees in 2020-2021.
Metro State undergraduate students pay an average of $9,394 in tuition and fees each year. By the time they get their degree, students from this school have racked up an average of $31,302 in student loans. During the early years of their career, Metro State graduates make an average of $47,827 annually.
Rasmussen University - Minnesota came in at #20 in this year’s edition of the ranking. This small private for-profit school is located in St. Cloud, Minnesota, and it awarded 378 degrees in 2020-2021.
Out-of-state tuition fees for undergraduate students at Rasmussen University - Minnesota are $13,558 per year. By the time they get their degree, students from this school have racked up an average of $30,701 in student loans. If you borrow this amount, expect your monthly student loan payment to be around $127, assuming you are on a 10-year repayment plan.After graduating from Rasmussen University - Minnesota, students go on to jobs where they make an average of $41,281 during the early years of their career.
Rasmussen University - Minnesota did well in our overall quality rankings, too. It placed #3 on our list.
Winona State University landed the #21 spot in the rankings for the best value business programs. Winona State is a public institution located in Winona, Minnesota. The school has a medium-sized population, and it awarded 356 degrees in 2020-2021.
Out-of-state tuition fees for undergraduate students at Winona State are $16,684 per year. Degree recipients from the school accumulate an average of $26,110 in student debt by the time they complete their degree. If you borrow this amount, expect your monthly student loan payment to be around $176, assuming you are on a 10-year repayment plan. During the early years of their career, Winona State graduates make an average of $44,424 annually.
Saint Cloud State University ranked #22 on this year’s list. Saint Cloud State University is a fairly large public school located in Saint Cloud, Minnesota that handed out 429 degrees in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at St. Cloud State University are $18,010 a year. Degree recipients from the school accumulate an average of $25,873 in student debt by the time they complete their degree. During the early years of their career, St. Cloud State University graduates make an average of $45,870 annually.
Southwest Minnesota State University came in at #23 in this year’s edition of the ranking. Marshall, Minnesota is the setting for this medium-sized institution of higher learning. The public school handed out degrees to 133 students in 2020-2021.
Southwest Minnesota State University undergraduate students pay an average of $9,482 in tuition and fees each year. On average, students take out $25,598 in loans while pursuing their degree. Once they receive their degree, Southwest Minnesota State University graduates enter the workforce, making an average salary of $40,918 during the early year of their career.
University of Minnesota - Crookston did quite well in this year’s ranking of the best value places for business students. It came in at #24 on the list. University of Minnesota - Crookston is a small public school located in Crookston, Minnesota that handed out 223 degrees in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at UMN Crookston are $12,514 a year. By the time they get their degree, students from this school have racked up an average of $30,462 in student loans. Once they receive their degree, UMN Crookston graduates enter the workforce, making an average salary of $51,681 during the early year of their career.
University of Minnesota - Twin Cities ranked #25 on this year’s list. Located in Minneapolis, Minnesota, the large public school handed out 2,416 degrees in 2020-2021.
UMN Twin Cities undergraduate students pay an average of $33,818 in tuition and fees each year. By the time they get their degree, students from this school have racked up an average of $21,399 in student loans. If you borrow this amount, expect your monthly student loan payment to be around $257, assuming you are on a 10-year repayment plan. Once they receive their degree, UMN Twin Cities graduates enter the workforce, making an average salary of $50,445 during the early year of their career.
On top of its placing in our value ranking, UMN Twin Cities also did well on our list. It’s in the top 15% of all schools reviewed in this analysis.
More Minnesota Rankings
Notes and References
Footnotes
*These averages are for the top 25 schools only.
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%.
More about our data sources and methodologies.
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