Best Value Colleges in Minnesota

The state of 10,000 lakes is not only a beauty to behold, it's actually a pretty great place to get your college degree without breaking the bank.  Read More

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1University of Minnesota - Twin Cities(In-State)
20 Year Net ROI$484,000
Total 4 Year Cost$100,000
Grad Rate78%
Time to Graduate4 Years
Loan Amt$28,300
2University of Minnesota - Twin Cities(Out-of-State)
20 Year Net ROI$460,000
Total 4 Year Cost$124,000
Grad Rate78%
Time to Graduate4 Years
Loan Amt$28,300
3Saint John's University (SJU) - Collegeville, MN(Private)
20 Year Net ROI$414,000
Total 4 Year Cost$190,000
Grad Rate80%
Time to Graduate4 Years
Loan Amt$37,100
4University of Minnesota - Duluth Campus(In-State)
20 Year Net ROI$371,000
Total 4 Year Cost$92,600
Grad Rate59%
Time to Graduate5 Years
Loan Amt$29,000
5 (tie)Saint Cloud State University(In-State)
20 Year Net ROI$359,000
Total 4 Year Cost$74,800
Grad Rate45%
Time to Graduate5 Years
Loan Amt$29,300
5 (tie)University of Minnesota - Duluth Campus(Out-of-State)
20 Year Net ROI$359,000
Total 4 Year Cost$105,000
Grad Rate59%
Time to Graduate5 Years
Loan Amt$29,000
7Minnesota State University - Mankato Campus(In-State)
20 Year Net ROI$343,000
Total 4 Year Cost$71,400
Grad Rate50%
Time to Graduate5 Years
Loan Amt$31,500
8Saint Cloud State University(Out-of-State)
20 Year Net ROI$329,000
Total 4 Year Cost$105,000
Grad Rate45%
Time to Graduate5 Years
Loan Amt$29,300
9Minnesota State University - Mankato Campus(Out-of-State)
20 Year Net ROI$313,000
Total 4 Year Cost$101,000
Grad Rate50%
Time to Graduate5 Years
Loan Amt$31,500
10University of St. Thomas - Saint Paul, MN(Private)
20 Year Net ROI$310,000
Total 4 Year Cost$194,000
Grad Rate72%
Time to Graduate4 Years
Loan Amt$39,100
11Winona State University(In-State)
20 Year Net ROI$251,000
Total 4 Year Cost$82,700
Grad Rate57%
Time to Graduate5 Years
Loan Amt$36,400
12Concordia University - Saint Paul, MN(Private)
20 Year Net ROI$245,000
Total 4 Year Cost$144,000
Grad Rate46%
Time to Graduate4 Years
Loan Amt$32,400
13Winona State University(Out-of-State)
20 Year Net ROI$230,000
Total 4 Year Cost$104,000
Grad Rate57%
Time to Graduate5 Years
Loan Amt$36,400
14Augsburg College(Private)
20 Year Net ROI$228,000
Total 4 Year Cost$178,000
Grad Rate63%
Time to Graduate4 Years
Loan Amt$43,100
15Minnesota State University - Moorhead Campus(In-State)
20 Year Net ROI$220,000
Total 4 Year Cost$74,200
Grad Rate42%
Time to Graduate5 Years
Loan Amt$35,800

*NOTE: Unranked schools on this list don’t have on-campus living options, so on-campus costs are not available.

With over 32 public institutions and 20 private colleges, Minnesota has a diverse offering of higher education institutions. Using PayScale's College ROI report, you can research the best college in Minnesota ranked according to the highest 20-year net ROI, which is the amount of money you can expect to earn 20-years post-graduation. Here are the schools with the best bang for your buck in the state of Minnesota.

The University of Minnesota Twin Cities campus takes the cake for the highest ROI in the state, and is ranked nationally on our list at 146. In-state students pay a tuition of $100,000 but come out on top with a median 20-year ROI of $484,000. UM is a small campus located in the bustling metro of St. Paul and is known for producing exceptional students majoring in areas like food safety, agricultural and natural resource sciences. Students who choose to make the St. Paul campus their home enjoy being close to the Minnesota State Fair, which happens to be the largest running state fair in the US.

In the private school category, Saint John's University is a worthwhile option. The private school, located in Collegeville, has a tuition of $190,000 and SJU graduates report a 20-year net ROI of $414,000. Saint John's University is unique in that it is part of two campuses. Saint John's University is for men, and the College of Saint Benedict is for women, although they both have equal access to each other's resources and campuses. The two campuses share 3,500 acres of beautiful prairies and forests. Another perk of attending this small private college is the beauty that comes from the surrounding arboretum which covers over 2,500 acres around the campus.

While most colleges in Minnesota fall under the University of Minnesota college system, there are more public colleges to choose from in the area. One of which ranks fourth in the state for ROI, and 326 on our list nationally. Saint Cloud State University students report a 20-year net ROI of $371,000 and only pay a tuition of $74,000. St. Cloud has an enrollment of over 15,000 students, and has produced nearly 110,000 alumni. Unique to Saint Cloud, it is the only school in Minnesota that offers an accreditation board for engineering and technology. Students who choose to spend their college years at Saint Cloud enjoy living in the largest populated city within central Minnesota.