Best Value Mathematics Colleges in Minnesota

Mathematics graduates in Minnesota see dramatic salary differences depending on their school choice, with the highest earners from University of Minnesota-Twin Cities and Gustavus Adolphus College reaching $57,318 annually while others start closer to $36,141. The state's tech sector, anchored by companies like Target's data analytics divisions and UnitedHealth's actuarial departments, creates strong demand for quantitative skills across Minneapolis-Saint Paul. Public universities offer strong value, with University of Minnesota-Morris charging just $9,110 in net costs while maintaining a 61.90% graduation rate. Private colleges like Carleton command premium prices at $27,320 net cost but deliver a 91.20% graduation rate and notably low $11,500 debt loads. The Minnesota State Grant system helps bridge affordability gaps, making quality mathematics education accessible across income levels. This combination of strong regional employers and varied institutional options creates opportunities for students at every budget level.

Programs

$9,110 – $30,525

Net Price Range

$47,114

Avg. Program Earnings

66.8%

Avg. Graduation Rate

27 Mathematics Programs

Program rankings
#	School	Net Price	Program Earnings	In-State Tuition	Graduation Rate	Acceptance Rate
1	University of Minnesota-Morris Morris, Minnesota	$9,110	$44,170	$14,288	61.9%	77.7%
2	University of Minnesota-Twin Cities Minneapolis, Minnesota	$17,139	$57,318	$16,488	84.8%	74.9%
3	Bemidji State University Bemidji, Minnesota	$17,050	$47,260	$10,164	53.4%	77.5%
4	University of Minnesota-Duluth Duluth, Minnesota	$18,464	$47,260	$14,318	64.5%	80.7%
5	Gustavus Adolphus College Saint Peter, Minnesota	$26,895	$57,318	$54,310	75.9%	73.9%
6	St Olaf College Northfield, Minnesota	$22,752	$46,478	$56,970	83.5%	56.4%
7	Macalester College Saint Paul, Minnesota	$29,980	$52,107	$64,908	90.4%	28.4%
8	Concordia College at Moorhead Moorhead, Minnesota	$25,651	$43,426	$30,020	71.8%	65.5%
9	College of Saint Benedict Saint Joseph, Minnesota	$28,065	$47,260	$53,884	83.0%	87.8%
10	University of St Thomas Saint Paul, Minnesota	$30,525	$49,058	$52,284	75.2%	77.0%
11	Augsburg University Minneapolis, Minnesota	$23,875	$36,141	$43,942	52.4%	76.5%
12	Carleton College Northfield, Minnesota	$27,320	$37,568	$65,457	91.2%	16.6%
13	Winona State University Winona, Minnesota	$18,148		$10,498	60.9%	73.8%
14	Bethel University Saint Paul, Minnesota	$28,439		$42,930	75.2%	72.5%
15	Southwest Minnesota State University Marshall, Minnesota	$14,760		$10,304	44.1%	91.6%
16	St Catherine University Saint Paul, Minnesota	$21,563		$49,758	65.1%	92.5%
17	The College of Saint Scholastica Duluth, Minnesota	$23,949		$40,454	63.0%	96.6%
18	Saint Mary's University of Minnesota Winona, Minnesota	$21,034		$43,160	67.7%	96.8%
19	Saint Johns University Collegeville, Minnesota	$27,018		$53,942	75.7%	86.2%
20	Saint Cloud State University Saint Cloud, Minnesota	$14,485		$10,117	46.9%	95.3%
21	University of Northwestern-St Paul Saint Paul, Minnesota	$25,140		$36,830	68.4%	92.5%
22	North Central University Minneapolis, Minnesota	$23,574		$29,460	63.6%	90.8%
23	Minnesota State University Moorhead Moorhead, Minnesota	$17,816		$10,336	54.6%	56.6%
24	Bethany Lutheran College Mankato, Minnesota	$17,680		$30,010	59.6%	58.5%
25	Minnesota State University-Mankato Mankato, Minnesota	$18,609		$9,490	54.1%	70.7%
26	Hamline University Saint Paul, Minnesota	$21,385		$48,311	57.7%	80.6%
27	Concordia University-Saint Paul Saint Paul, Minnesota	$17,566		$25,000	58.8%	69.1%

Frequently Asked Questions

What makes University of Minnesota-Morris such good value for mathematics students?

Morris offers the lowest net cost at just $9,110 while producing graduates who earn $44,170 annually. The school maintains a solid 61.90% graduation rate with a generous 77.66% acceptance rate. Students pay only $14,288 for in-state tuition, making it accessible for Minnesota residents seeking quality mathematical training without major debt.

How do private college mathematics programs compare in terms of debt and earnings?

Private colleges show wide variation in both cost and outcomes. Carleton College graduates carry just $11,500 in debt despite the school's $27,320 net cost, while other private institutions see debt loads around $23,000-$24,000. Earnings range from Augsburg's $36,141 to the top-tier $57,318 at Gustavus Adolphus, making careful school selection important for return on investment.

Does University of Minnesota-Twin Cities justify its higher costs for mathematics majors?

Twin Cities graduates earn the highest salaries at $57,318, significantly above the state average of $47,260 for mathematics degrees. The $17,139 net cost and $20,500 debt load are reasonable given the 84.80% graduation rate and 74.91% acceptance rate. The Minneapolis location provides direct access to major employers in finance, healthcare analytics, and technology.

What salary differences exist between Minnesota's public and private mathematics programs?

Public universities produce graduates earning $44,170 to $57,318, while private colleges range from $36,141 to $57,318. The top earners come from both sectors, with University of Minnesota-Twin Cities and Gustavus Adolphus both reaching $57,318. However, public options typically cost $9,110 to $18,464 compared to private schools at $22,752 to $30,525 net costs.

Where do Minnesota mathematics graduates find the best employment opportunities?

The Twin Cities metro area offers the strongest job market, with major employers including UnitedHealth Group for actuarial work, Target for data analytics, and numerous financial services firms. Mayo Clinic in Rochester provides biostatistics opportunities, while the state's growing tech sector creates demand for mathematical modeling. Graduates earning $57,318 typically work in these high-demand metropolitan markets rather than smaller Minnesota cities.

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Net price reflects the average cost after grants and scholarships for first-time, full-time students. See our methodology for details.