Rankings7 min readMay 21, 2026Reviewed May 2026

By Ryan Mercer · CampusROI Editorial Team

Best College Value in Minnesota: Top Schools by ROI (2026)

University of Minnesota-Twin Cities scores 88/100 ROI at $16,778 net price with $69,020 median earnings - one of the best public flagship values in the Midwest. Carleton leads the liberal-arts tier at 84/100.

Minnesota's ROI ranking is led by a public flagship that punches well above its price, backed by a deep bench of strong private colleges. Here's the full picture.

Top Minnesota Schools by ROI Score

RankSchoolROI ScoreNet Price10-Yr EarningsGrad Rate
1University of Minnesota-Twin Cities88/100$16,778$69,02085%
2Carleton College84/100$25,407$75,52590%
3Saint John's University83/100$25,672$76,78675%
4University of St Thomas81/100$29,155$73,73976%
5Saint Mary's University of Minnesota77/100$11,704$58,17066%

University of Minnesota-Twin Cities: The Standout Public Value

UMN Twin Cities scores 88/100 at $16,778 net price with $69,020 median earnings and an 85% graduation rate. That's a rare combination - a major research flagship at a net price most private colleges can't approach.

The Carlson School of Management, the College of Science and Engineering, and the health-sciences pipeline all place directly into the Minneapolis-St. Paul corporate base (Target, 3M, UnitedHealth, Medtronic, General Mills). For Minnesota residents, it's the clear baseline.

Carleton: The Liberal-Arts Leader

Carleton College at $25,407 net and $75,525 earnings scores 84/100 with a 90% graduation rate - one of the strongest liberal-arts colleges in the country, with exceptional graduate and professional-school placement. For students who get aid, the value case is strong.

Saint John's and St. Thomas: Catholic Midwest Value

Saint John's University ($25,672 net, $76,786 earnings) and the University of St Thomas ($29,155 net, $73,739 earnings) both post strong earnings for private Catholic schools, with deep alumni networks across Minnesota business.

The Bottom Line

For Minnesota residents: UMN Twin Cities is the value baseline. Carleton if you want a top liberal-arts experience and qualify for aid. St. Thomas or Saint John's for the Catholic private option with strong regional placement. For Midwest comparisons, see our companion analyses for Wisconsin, Illinois, and Iowa.

Data: College Scorecard 2024.

Frequently Asked Questions

Which Minnesota college has the best ROI?

University of Minnesota-Twin Cities leads at 88/100 ROI with $16,778 net price and $69,020 median earnings - an unusually strong combination of low cost and high outcomes for a major public flagship. Carleton College follows at 84/100 among private liberal-arts schools.

Is the University of Minnesota worth it?

Yes, especially for Minnesota residents. At $16,778 net price with $69,020 median earnings and an 85% graduation rate, the Twin Cities campus is one of the best public-flagship values in the Midwest. Strong engineering, business (Carlson), and health-sciences programs feed into the Minneapolis-St. Paul corporate base.

Is Carleton College worth the cost?

Carleton scores 84/100 at $25,407 net price with $75,525 median earnings and a 90% graduation rate. It is one of the top liberal-arts colleges in the country, with excellent graduate-school placement. See our full [is Carleton worth it](/blog/is-carleton-worth-it/) breakdown for the per-outcome detail.

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