University of Minnesota-Twin Cities
Minneapolis, Minnesota · Public · 79.8% acceptance rate
ROI Score: 88/100 · Strong Value
Data: 2024-25 College Scorecard release
University of Minnesota-Twin Cities earns a CampusROI score of 88 (Strong Value tier). In-state tuition is $17,214, out-of-state $38,362, with a net price of $16,778 - impressively low for an R1 flagship. Earnings reach $46,000 at six years and $69,020 at ten years, with a tight 6.1-year payback period (subscore 89). Every subscore is in healthy territory: earnings premium 90 (raw 0.507), debt-to-earnings 85 (with low $19,500 median debt against $46,000 in earnings yielding a 0.424 ratio), completion 93, and three-year repayment 76. UMN-Twin Cities enrolls 31,855 undergraduates with a 17.7% Pell rate, signaling a moderately wealthier student body that nonetheless includes meaningful need-based aid recipients. The school's deep program mix in engineering, computer science, business, and health sciences delivers strong value.
University of Minnesota-Twin Cities scores in the top 7% of the schools we score, with strong earnings outcomes relative to cost.
University of Minnesota-Twin Cities
Quick Numbers
| In-state tuition + fees | $17,214/yr |
| Out-of-state tuition + fees | $38,362/yr |
| Average net price | $16,778/yr |
| Total 4-year cost (net) | $67,112 |
| Median earnings (10yr post-entry) | $69,020 |
| Average earnings (6yr post-entry) | $46,000 |
| Median debt at graduation | $19,500 |
| Estimated monthly loan payment | $207 |
| Estimated payback period | 6.1 years |
| 6-year graduation rate | 85.3% |
| Undergraduate enrollment | 31,855 |
Data as of 2024-2025. Source: College Scorecard API (U.S. Department of Education).
The Full Financial Picture
The first number you'll see is the sticker price: $17,214/year ($38,362/year out-of-state), which covers tuition and fees only. After grants, scholarships, and aid, the average student here pays a net price of $16,778/year, or roughly $67,112 over four years. That's the number to plan around.
What you actually pay depends a lot on what your family earns. Families making under $30,000/year pay an average of $6,642/year here, while families earning over $110,000 pay $27,008/year.
Among graduates who borrowed, the median federal loan debt from this school is $19,500, which works out to about $207 a month on the standard 10-year repayment plan. Our debt-to-earnings ratio divides that debt by average earnings six years after entry ($46,000) and comes to 0.42, which in our view is comfortably manageable.
Net Price by Family Income
What families actually pay after grants and scholarships, by income bracket.
| Family Income | Avg Net Price/Year |
|---|---|
| $0 - $30,000 | $6,642 |
| $30,001 - $48,000 | $7,283 |
| $48,001 - $75,000 | $9,931 |
| $75,001 - $110,000 | $16,415 |
| $110,001+ | $27,008 |
Cost by Income Bracket Explained
Lower-income families (under $30K)
Families earning $0-30,000 pay just $6,642 per year, totaling about $26,568 over four years - an extraordinarily strong low-income value. With $46,000 in early-career earnings and 85.3% completion, Pell-eligible Minnesota residents see exceptional ROI. UMN's institutional aid model genuinely cushions the lowest-income students.
Middle-income families ($30K-$110K)
Middle-income families ($48,001-75,000) pay $9,931 per year, about $39,724 over four years. With $69,020 in ten-year median earnings, the math is comfortable across most majors. Engineering and CS tracks produce year-one earnings clearing $70K-$85K, making the four-year math exceptionally favorable for STEM students.
Higher-income families ($110K+)
Families above $110,000 pay $27,008 per year - about $108,032 over four years - nearly at the out-of-state sticker. Even at this price, the strong wage outcomes ($69K median at ten years, with engineering tracks pushing $90K+) and 85.3% completion justify the cost for academically prepared students.
Earnings by Major
Top 10 most popular majors at University of Minnesota-Twin Cities with available earnings data.
| Major | Median Earnings | Grade |
|---|---|---|
| Computer Science | $111,661 | A |
| Psychology | $58,449 | C |
| Multi/Interdisciplinary Studies, Other | $60,270 | C+ |
| Finance and Financial Management | $98,279 | B+ |
| Biology | $63,132 | C |
| Physiology, Pathology and Related Sciences | $64,629 | D |
| Economics | $82,488 | B |
| Marketing | $86,246 | B |
| Education, Other | $67,795 | B |
| International Relations | $65,487 | C+ |
Earnings reflect median 4-year post-completion (or 1-year where 4-year unavailable). Grades based on debt-to-earnings ratio.
Program Analysis
Why these programs deliver their earnings outcomes.
Computer Science
Computer Science is UMN's largest STEM program with 612 graduates per year, year-one earnings of $82,861, and four-year earnings of $111,661. Median debt of just $19,500 produces a remarkable 0.235 debt-to-earnings ratio and an A ROI grade. The Twin Cities tech ecosystem (Target, Best Buy, 3M, plus the Medtronic/UnitedHealth corridor) absorbs most graduates at top wages.
Computer Engineering
Computer Engineering produces 81 graduates per year with year-one earnings of $85,672, climbing to $119,781 at year four. Median debt of $23,000 yields a 0.268 debt-to-earnings ratio and a B+ ROI grade. The Minneapolis-Saint Paul tech corridor's growing demand for hardware and embedded-systems engineers drives these wages. Strong fundamentals across the board.
Finance and Financial Management
Finance is UMN's largest business program with 339 graduates per year. Year-one earnings of $69,094 climb to $98,279 at year four. Median debt of $21,500 yields a 0.311 debt-to-earnings ratio and a B+ ROI grade. The Carlson School of Management's strong reputation drives placement into Twin Cities banking (Wells Fargo, US Bank), Target Corp finance, and Midwest investment-banking pipelines.
Registered Nursing
Nursing produces 136 graduates per year with year-one earnings of $72,929 climbing to $82,960 at year four. Median debt of $21,500 yields a 0.295 debt-to-earnings ratio and a B+ ROI grade. The Twin Cities healthcare market (Mayo, M Health Fairview, Allina) absorbs graduates at strong wages with clinical-advancement infrastructure. Reliable strong-ROI bet.
Mechanical Engineering
Mechanical Engineering produces 187 graduates per year with year-one earnings of $73,433 and four-year earnings of $90,061. Median debt of $22,077 produces a 0.301 debt-to-earnings ratio and a B+ ROI grade. UMN's engineering school feeds Minnesota's manufacturing and medical-device sector (3M, Polaris, Medtronic) with consistently strong placement and wage trajectories.
How Graduates Do
Earnings
Loan Repayment
| Metric | This School | Median of schools we score |
|---|---|---|
| 1-year repayment | 79.0% | 68.8% |
| 3-year repayment | 81.9% | 73.6% |
| 5-year repayment | 78.5% | 67.7% |
| 7-year repayment | 80.9% | 72.8% |
Completion Rate
Trends Over Time
How University of Minnesota-Twin Cities’s cost and outcomes have moved across College Scorecard releases (2009-2024).
Average Net Price
Completion Rate
Median Earnings, 10 Years After Entry (as reported)
Earnings reflect borrowers measured 10 years after entry and publish on an irregular cadence with a multi-year reporting lag, so this series shows only the years the Department of Education reported - the data is never interpolated.
Source: U.S. Department of Education College Scorecard, release years shown. Net price and completion are reported annually.
Admissions Snapshot
| Acceptance rate | 79.8% |
| SAT Math (25th-75th) | 660-770 |
| SAT Reading (25th-75th) | 640-730 |
| ACT Composite (25th-75th) | 26-31 |
| Enrollment | 31,855 |
| Pell Grant recipients | 17.6% |
| Avg faculty salary (monthly) | $13,662 |
UMN admits 79.8% of applicants, and the high admit rate reflects Minnesota's broad-access mission. SAT 25-75 mid-ranges are 660-770 math and 640-730 reading, with ACT 25-75 of 26-31 - strong scores putting admitted students in the upper national quartile. The combination of relatively high admit rate with strong test scores tells the Big-Ten flagship story: large entering classes that are academically prepared, supported through the high 85.3% completion rate. Selectivity is doing real screening work here.
Compared to Similar Schools
Peer institutions matched by type, size, and selectivity.
| School | ROI | Net Price | 10yr Earnings |
|---|---|---|---|
| University of Minnesota-Twin Cities (this school) | 88 | $16,778 | $69,020 |
| California State Polytechnic University-Pomona | 89 | $11,531 | $71,902 |
| Indiana University-Bloomington | 84 | $16,264 | $63,742 |
| University of Colorado Boulder | 80 | $25,346 | $69,738 |
| Minnesota State University-Mankato | 62 | $19,139 | $56,922 |
| Bemidji State University | 60 | $15,261 | $53,755 |
Head-to-Head ROI Comparisons
See University of Minnesota-Twin Cities side by side with similar schools on ROI, cost, earnings, and debt.
Who Thrives Here
UMN-Twin Cities fits academically prepared students seeking a large public research university with deep program breadth at urban Minneapolis-Saint Paul scale (31,855 undergraduates). The 17.7% Pell rate signals a moderately wealthier student body but with strong institutional commitment to need-based aid. Strong-fit students span an enormous range - from engineering and CS to humanities to agriculture and health sciences. The 85.3% completion rate signals a well-supported student experience.
The Verdict: The Investment Pays Off
For most students, University of Minnesota-Twin Cities pays off. You'd pay about $16,778 a year after aid ($67,112 over four years), and the typical graduate earns $69,020 ten years after enrollment. That puts the payback - the time it takes for the earnings bump to cover what you spent - at roughly 6.1 years, a solid return.
What it has going for it: a strong earnings premium over high school graduates, its 85.3% graduation rate, manageable debt relative to earnings, high loan repayment success.
Median debt of $19,500 among graduates who borrowed, against average earnings of $46,000 six years after entry, gives a debt-to-earnings ratio of 0.42, under the 1.0 point at which debt would equal a full year of those earnings. Your major matters a lot here: graduates in higher-earning fields will see the better end of this.
University of Minnesota-Twin Cities: Common Questions
Is University of Minnesota-Twin Cities worth it?
In our view, yes - for most students University of Minnesota-Twin Cities pays off. It scores 88/100 on our ROI scale. You'd pay about $16,778 a year after aid ($67,112 over four years), and the typical graduate earns $69,020 ten years after enrollment, so the cost takes roughly 6.1 years to earn back.
How much does University of Minnesota-Twin Cities cost after financial aid?
The average net price - the cost of attendance (tuition, fees, books, supplies and average living costs) minus grants and scholarships, for full-time, first-time students receiving federal aid - is about $16,778 a year, or roughly $67,112 over four years. Because it counts living costs, it can run above tuition alone. That is the number to plan around. Actual cost varies by family income, per the U.S. Department of Education's College Scorecard.
What do University of Minnesota-Twin Cities graduates earn?
The typical graduate earns about $69,020 ten years after enrolling, roughly $27,220 a year more than the median high-school graduate ($41,800, per NCES, 2022). That earnings gap is what has to cover the cost of the degree.
How long does it take to pay off University of Minnesota-Twin Cities?
We estimate the payback period - the time it takes for the earnings bump over a high-school graduate to cover what you spent - at about 6.1 years for University of Minnesota-Twin Cities. The median across the schools we track is about 12 years.
How much debt do University of Minnesota-Twin Cities graduates take on?
Among graduates who borrowed, median federal loan debt from this school is about $19,500, against average earnings of $46,000 six years after entry - a debt-to-earnings ratio of 0.42. In our view that is reasonable, though your major matters: higher-earning fields will see the better end of it.
What is the graduation rate at University of Minnesota-Twin Cities?
The six-year graduation rate is 85.3%, at or above the 64% national average for four-year schools (NCES, 2022). Completion is 15% of our ROI score, since a degree you don't finish rarely pays back.
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Data: College Scorecard API (U.S. Department of Education)
Vintage: 2024-2025 · Last updated: 2026-03-25
Earnings reflect median outcomes for all federal financial aid recipients. Individual results vary by major, effort, and career path.