2022 best colleges in Minnesota best-colleges

Featuring one of the largest student populations in the United States, the University of Minnesota holds titles as a Public Ivy and the flagship university of the University of Minnesota System. But don’t sleep on St. Cloud University, which is home to the country’s first graduate-level experiential education program. Students attending Macalester College, a Hidden Ivy, and other member schools of the Associated Colleges of the Twin Cities (ACTC), such as the University of St. Thomas and St. Catherine University, have the opportunity to enroll in courses at any member institution without paying additional tuition.

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Net cost: The median annual cost of all students that receive any aid. This does not refer to the “sticker price”, the price listed by the college.

Earnings: The median earnings of all bachelor-level students 10 years after enrollment. This includes both students that do and do not graduate, across all majors.

Payback: The amount of time in years it takes to pay off the median net cost by the median earnings. For this calculation, the median earning of high school graduates (in the school’s home state) are deducted from the median earnings.

Degree premium: The difference between the school’s median earnings and the median earnings for all schools in the same state. This is called “Vs. state average” in school profiles below.

Ranking: The payback rate is divided by the degree premium (set as a percentage), the lower the number the higher the rank. (i.e. payback=1, degree premium 20% higher than state school median: 1/120% = .883.

Net cost
Earnings
Payback
Degree premium
Rankings
Ranking methodology
#1 in Minnesota

Saint Johns University

Collegeville, Minnesota

Admission rate: 82%

Grad rate: 75%

Net cost: $24,271

Payback: 2.4 Years

Earnings: $68,716

Vs. state average: + $13,440

Economic score: 1.93

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#2 in Minnesota

University of Minnesota-Twin Cities

Minneapolis, Minnesota

Admission rate: 70%

Grad rate: 80%

Net cost: $17,740

Payback: 2.2 Years

Earnings: $61,201

Vs. state average: + $5,925

Economic score: 1.97

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#3 in Minnesota

University of Minnesota-Rochester

Rochester, Minnesota

Admission rate: 74%

Grad rate: 63%

Net cost: $16,375

Payback: 2.4 Years

Earnings: $61,201

Vs. state average: + $5,925

Economic score: 2.20

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#4 in Minnesota

University of St Thomas

Saint Paul, Minnesota

Admission rate: 88%

Grad rate: 77%

Net cost: $29,155

Payback: 3.0 Years

Earnings: $67,398

Vs. state average: + $12,122

Economic score: 2.46

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#5 in Minnesota

Metropolitan State University

Saint Paul, Minnesota

Admission rate: 62%

Grad rate: 58%

Net cost: $15,225

Payback: 2.6 Years

Earnings: $56,402

Vs. state average: + $1,126

Economic score: 2.58

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#6 in Minnesota

University of Minnesota-Crookston

Crookston, Minnesota

Admission rate: 73%

Grad rate: 52%

Net cost: $10,952

Payback: 2.3 Years

Earnings: $47,869

Vs. state average: - $7,407

Economic score: 2.62

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#7 in Minnesota

St Olaf College

Northfield, Minnesota

Admission rate: 51%

Grad rate: 87%

Net cost: $23,543

Payback: 2.9 Years

Earnings: $60,242

Vs. state average: + $4,966

Economic score: 2.63

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#8 in Minnesota

University of Minnesota-Duluth

Duluth, Minnesota

Admission rate: 79%

Grad rate: 61%

Net cost: $17,067

Payback: 2.7 Years

Earnings: $54,750

Vs. state average: - $526

Economic score: 2.73

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#9 in Minnesota

Gustavus Adolphus College

Saint Peter, Minnesota

Admission rate: 71%

Grad rate: 78%

Net cost: $19,093

Payback: 3.0 Years

Earnings: $59,178

Vs. state average: + $3,902

Economic score: 2.82

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#10 in Minnesota

University of Minnesota-Morris

Morris, Minnesota

Admission rate: 65%

Grad rate: 65%

Net cost: $11,412

Payback: 2.4 Years

Earnings: $47,373

Vs. state average: - $7,903

Economic score: 2.82

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#11 in Minnesota

Saint Mary's University of Minnesota

Winona, Minnesota

Admission rate: 85%

Grad rate: 67%

Net cost: $19,514

Payback: 2.8 Years

Earnings: $54,950

Vs. state average: - $326

Economic score: 2.86

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#12 in Minnesota

The College of Saint Scholastica

Duluth, Minnesota

Admission rate: 74%

Grad rate: 73%

Net cost: $24,066

Payback: 3.2 Years

Earnings: $58,748

Vs. state average: + $3,472

Economic score: 2.97

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#13 in Minnesota

Saint Cloud State University

Saint Cloud, Minnesota

Admission rate: 74%

Grad rate: 50%

Net cost: $14,267

Payback: 2.8 Years

Earnings: $51,372

Vs. state average: - $3,904

Economic score: 3.02

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#14 in Minnesota

Minnesota State University-Mankato

Mankato, Minnesota

Admission rate: 68%

Grad rate: 55%

Net cost: $16,221

Payback: 3.0 Years

Earnings: $51,689

Vs. state average: - $3,587

Economic score: 3.24

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#15 in Minnesota

Carleton College

Northfield, Minnesota

Admission rate: 22%

Grad rate: 93%

Net cost: $31,133

Payback: 3.9 Years

Earnings: $67,132

Vs. state average: + $11,856

Economic score: 3.25

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#16 in Minnesota

Concordia University-Saint Paul

Saint Paul, Minnesota

Admission rate: 69%

Grad rate: 63%

Net cost: $16,245

Payback: 3.2 Years

Earnings: $53,164

Vs. state average: - $2,112

Economic score: 3.28

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#17 in Minnesota

Hamline University

Saint Paul, Minnesota

Admission rate: 69%

Grad rate: 67%

Net cost: $20,866

Payback: 3.2 Years

Earnings: $53,895

Vs. state average: - $1,381

Economic score: 3.33

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#18 in Minnesota

St Catherine University

Saint Paul, Minnesota

Admission rate: 77%

Grad rate: 62%

Net cost: $19,078

Payback: 3.3 Years

Earnings: $52,603

Vs. state average: - $2,673

Economic score: 3.42

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#19 in Minnesota

Winona State University

Winona, Minnesota

Admission rate: 76%

Grad rate: 67%

Net cost: $17,656

Payback: 3.2 Years

Earnings: $51,346

Vs. state average: - $3,930

Economic score: 3.42

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#20 in Minnesota

College of Saint Benedict

Saint Joseph, Minnesota

Admission rate: 85%

Grad rate: 77%

Net cost: $25,785

Payback: 3.6 Years

Earnings: $56,367

Vs. state average: + $1,091

Economic score: 3.49

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