Schools

Average Debt, Salary For Minnesota's Best Colleges

Annual rankings from Forbes Magazine named the top U.S. colleges in 2019.

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MINNESOTA — New college rankings from Forbes Magazine name 650 schools, including 19 in Minnesota that it says are the best in the country for 2019.

Names like Harvard, Stanford and Yale predictably topped Forbes’ list. The magazine says that whether a school ranks among the top 10 or is closer to the bottom, the institutions “count as the best in the country.” Forbes’ annual rankings looks at colleges that “deliver the top academics, career success and lowest debt.”

Here’s how Minnesota colleges were ranked on Forbes’ list:

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52. Carleton College (Private not-for-profit)

  • Net Price: $68,835
  • Average debt: $4,737
  • Average early career salary: $58,800

86. Macalester College (Private not-for-profit)

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  • Net Price: $66,280
  • Average debt: $5,865
  • Average early career salary: $53,600

98. University of Minnesota, Twin Cities (Public)

  • Net Price: $39,655
  • Average debt: $7,553
  • Average early career salary: $57,200

116. St. Olaf College (Private not-for-profit)

  • Net Price: $58,330
  • Average debt: $6,074
  • Average early career salary: $54,100

198. University of Saint Thomas (MN) (Private not-for-profit)

  • Net Price: $54,647
  • Average debt: $11,457
  • Average early career salary: $57,500

214. Gustavus Adolphus College (Private not-for-profit)

  • Net Price: $55,800
  • Average debt: $8,055
  • Average early career salary: $51,200

253. College of Saint Benedict (Private not-for-profit)

  • Net Price: $56,880
  • Average debt: $9,975
  • Average early career salary: $49,100

254. Saint John's University (MN) (Private not-for-profit)

  • Net Price: $55,872
  • Average debt: $9,995
  • Average early career salary: $59,400

352. Bethel University (Private not-for-profit)

  • Net Price: $50,350
  • Average debt: $9,141
  • Average early career salary: $51,000

367. Concordia College—Moorhead (Private not-for-profit)

  • Net Price: $49,488
  • Average debt: $9,891
  • Average early career salary: $46,800

375. University of Minnesota, Morris (Public)

  • Net Price: $25,942
  • Average debt: $5,999
  • Average early career salary: $46,100

395. College of St. Scholastica (Private not-for-profit)

  • Net Price: $49,104
  • Average debt: $11,800
  • Average early career salary: $51,200

442. University of Minnesota, Duluth (Public)

  • Net Price: $29,542
  • Average debt: $8,846
  • Average early career salary: $53,200

446. Saint Mary's University of Minnesota (Private not-for-profit)

  • Net Price: $45,300
  • Average debt: $8,266
  • Average early career salary: $53,000

460. Hamline University (Private not-for-profit)

  • Net Price: $52,178
  • Average debt: $8,288
  • Average early career salary: $48,100

502. University of Northwestern, St. Paul (Private not-for-profit)

  • Net Price: $43,404
  • Average debt: $8,344

531. Minnesota State University, Mankato (Public)

  • Net Price: $28,278
  • Average debt: $8,485
  • Average early career salary: $51,600

545. St. Catherine University (Private not-for-profit)

  • Net Price: $50,716
  • Average debt: $7,555
  • Average early career salary: $48,800

583. Saint Cloud State University (Public)

  • Net Price: $28,920
  • Average debt: $8,051
  • Average early career salary: $51,600

The top 10 colleges on Forbes’ list are:

  1. Harvard University
  2. Stanford University
  3. Yale University
  4. Massachusetts Institute of Technology
  5. Princeton University
  6. University of Pennsylvania
  7. Brown University
  8. California Institute of Technology
  9. Duke University
  10. Dartmouth College

The methodology behind the rankings looks at five categories: alumni salary, student satisfaction, debt, on-time graduation rate and academic success. (Read more about Forbes’ methodology


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