STUDENT LOAN DEBT IN MINNESOTA
State average: $29,793 (No. 3 nationally)
Proportion with debt: 71% (No. 5 nationally)
PUBLIC UNIVERSITIES
BEMIDJI STATE UNIVERSITY
Average debt of graduates 2011: $26,930
Proportion of graduates w/debt 2011: 91%
Full-time enrollment fall 2010: 3,765
2010-11 In-state tuition and fees: $7,497
2010-11 Total cost of attendance: $18,057
2010-11 % Pell Grant recipients: 32%
MINNESOTA STATE UNIVERSITY - MANKATO
Average debt of graduates 2011: $29,415
Proportion of graduates w/debt 2011: 75%
Nonfederal debt, % of total debt of graduates 2011: 24%
Full-time enrollment fall 2010: 11,762
2010-11 In-state tuition and fees: $6,725
2010-11 Total cost of attendance: $16,294
2010-11 % Pell Grant recipients: 29%
SAINT CLOUD STATE UNIVERSITY
Average debt of graduates 2011: $28,819
Proportion of graduates w/debt 2011: 72%
Nonfederal debt, % of total debt of graduates 2011: 31%
Full-time enrollment fall 2010: 12,283
2010-11 In-state tuition and fees: $6,660
2010-11 Total cost of attendance: $17,050
2010-11 % Pell Grant recipients: 27%
SOUTHWEST MINNESOTA STATE UNIVERSITY
Average debt of graduates 2011: $26,394
Proportion of graduates w/debt 2011: 68%
Nonfederal debt, % of total debt of graduates 2011: 20%
Full-time enrollment fall 2010: 2,344
2010-11 In-state tuition and fees: $7,244
2010-11 Total cost of attendance: $18,102
2010-11 % Pell Grant recipients: 16%
UNIVERSITY OF MINNESOTA - CROOKSTON
Average debt of graduates 2011: $24,434
Proportion of graduates w/debt 2011: 76%
Nonfederal debt, % of total debt of graduates 2011: 25%
Full-time enrollment fall 2010: 1,282
2010-11 In-state tuition and fees: $10,623
2010-11 Total cost of attendance: $19,897
2010-11 % Pell Grant recipients: 42%
UNIVERSITY OF MINNESOTA - DULUTH
Average debt of graduates 2011: $31,168
Proportion of graduates w/debt 2011: 74%
Nonfederal debt, % of total debt of graduates 2011: 37%
Full-time enrollment fall 2010: 9,458
2010-11 In-state tuition and fees: $11,808
2010-11 Total cost of attendance: $21,404
2010-11 % Pell Grant recipients: 23%
UNIVERSITY OF MINNESOTA - MORRIS
Average debt of graduates 2011: $22,802
Proportion of graduates w/debt 2011: 71%
Nonfederal debt, % of total debt of graduates 2011: 24%
Full-time enrollment fall 2010: 1,660
2010-11 In-state tuition and fees: $11,532
2010-11 Total cost of attendance: $21,722
2010-11 % Pell Grant recipients: 30%
UNIVERSITY OF MINNESOTA - TWIN CITIES
Average debt of graduates 2011: $28,407
Proportion of graduates w/debt 2011: 63%
Nonfederal debt, % of total debt of graduates 2011: 32%
Full-time enrollment fall 2010: 29,180
2010-11 In-state tuition and fees: $12,288
2010-11 Total cost of attendance: $23,058
WINONA STATE UNIVERSITY
Average debt of graduates 2011: $31,275
Proportion of graduates w/debt 2011: 76%
Full-time enrollment fall 2010: 7,440
2010-11 In-state tuition and fees: $8,200
2010-11 Total cost of attendance: $19,670
2010-11 % Pell Grant recipients: 25%
PRIVATE NON-PROFIT FOUR-YEAR INSTITUTIONS
BETHANY LUTHERAN COLLEGE
Average debt of graduates 2011: $28,391
Proportion of graduates w/debt 2011: 85%
Full-time enrollment fall 2010: 585
2010-11 In-state tuition and fees: $21,080
2010-11 Total cost of attendance: $30,480
2010-11 % Pell Grant recipients: 40%
BETHEL UNIVERSITY
Average debt of graduates 2011: $33,246
Proportion of graduates w/debt 2011: 80%
Nonfederal debt, % of total debt of graduates 2011: 37%
Full-time enrollment fall 2010: 2,733
2010-11 In-state tuition and fees: $28,080
2010-11 Total cost of attendance: $39,400
CARLETON COLLEGE
Average debt of graduates 2011: $19,341
Proportion of graduates w/debt 2011: 45%
Nonfederal debt, % of total debt of graduates 2011: 23%
Full-time enrollment fall 2010: 1,996
2010-11 In-state tuition and fees: $41,304
2010-11 Total cost of attendance: $54,265
2010-11 % Pell Grant recipients: 13%
CONCORDIA COLLEGE AT MOORHEAD
Average debt of graduates 2011: $35,240
Proportion of graduates w/debt 2011: 78%
Nonfederal debt, % of total debt of graduates 2011: 34%
Full-time enrollment fall 2010: 2,739
2010-11 In-state tuition and fees: $27,160
2010-11 Total cost of attendance: $36,590
2010-11 % Pell Grant recipients: 27%
CONCORDIA UNIVERSITY - ST. PAUL
This college originally reported the following data to Peterson's for the class of 2011: Average debt: $30,944, % with debt: 79%; Average federal debt: $15,750, % with federal debt: 74%. From those data we calculated: Nonfederal debt, as a % of all debt: 52%. The college has updated the data for the class of 2011 as shown to the right. The college is responsible for updating this information with Peterson's. Note that data for groups of colleges (e.g., state, national, or sector data) will not reflect these updates until we receive and process updated data from Peterson's in fall 2013.
Average debt of graduates 2011: $36,757
Proportion of graduates w/debt 2011: 88%
Nonfederal debt, % of total debt of graduates 2011: 34%
Full-time enrollment fall 2010: 1,476
2010-11 In-state tuition and fees: $27,400
2010-11 Total cost of attendance: $ 37,795
2010-11 % Pell Grant recipients: 31%
GUSTAVUS ADOLPHUS COLLEGE
Average debt of graduates 2011: $28,401
Proportion of graduates w/debt 2011: 69%
Nonfederal debt, % of total debt of graduates 2011: 11%
Full-time enrollment fall 2010: 2,427
2010-11 In-state tuition and fees: $33,500
2010-11 Total cost of attendance: $43,800
2010-11 % Pell Grant recipients: 24%
HAMLINE UNIVERSITY
Average debt of graduates 2011: $34,599
Proportion of graduates w/debt 2011: 78%
Nonfederal debt, % of total debt of graduates 2011: 31%
Full-time enrollment fall 2010: 1,873
2010-11 In-state tuition and fees: $30,489
2010-11 Total cost of attendance: $41,085
2010-11 % Pell Grant recipients: 36%
MACALESTER COLLEGE
Average debt of graduates 2011: $21,123
Proportion of graduates w/debt 2011: 63%
Nonfederal debt, % of total debt of graduates 2011: 22%
Full-time enrollment fall 2010: 1,987
2010-11 In-state tuition and fees: $40,046
2010-11 Total cost of attendance: $50,984
2010-11 % Pell Grant recipients: 17%
MARTIN LUTHER COLLEGE
Average debt of graduates 2011: $22,176
Proportion of graduates w/debt 2011: 74%
Nonfederal debt, % of total debt of graduates 2011: $ 0
Full-time enrollment fall: 2010 704
2010-11 In-state tuition and fees: $10,990
2010-11 Total cost of attendance: $19,450
2010-11 % Pell Grant recipients: 33%
MINNEAPOLIS COLLEGE OF ART AND DESIGN
Average debt of graduates 2011: $43,035
Proportion of graduates w/debt 2011: 85%
Nonfederal debt, % of total debt of graduates 2011: 40%
Full-time enrollment fall 2010: 628
2010-11 In-state tuition and fees: $29,700
2010-11 Total cost of attendance: $41,420
2010-11 % Pell Grant recipients: 17%
NORTHWESTERN COLLEGE
Average debt of graduates 2011: $27,961
Proportion of graduates w/debt 2011: 80%
Nonfederal debt, % of total debt of graduates 2011: 22%
Full-time enrollment fall 2010: 2,062
2010-11 In-state tuition and fees: $24,570
2010-11 Total cost of attendance: $35,400
2010-11 % Pell Grant recipients: 42%
SAINT MARY'S UNIVERSITY OF MINNESOTA
Average debt of graduates 2011: $31,031
Proportion of graduates w/debt 2011: 77%
Nonfederal debt, % of total debt of graduates 2011: 29%
Full-time enrollment fall 2010: 1,440
2010-11 In-state tuition and fees: $26,090
2010-11 Total cost of attendance: $35,700
2010-11 % Pell Grant recipients: 26%
ST. CATHERINE UNIVERSITY
Average debt of graduates 2011: $35,237
Proportion of graduates w/debt 2011: 85%
Nonfederal debt, % of total debt of graduates 2011: 27%
Full-time enrollment fall 2010: 2,573
2010-11 In-state tuition and fees: $30,168
2010-11 Total cost of attendance: $41,876
2010-11 % Pell Grant recipients: 40%
ST. OLAF COLLEGE
Average debt of graduates 2011: $25,440
Proportion of graduates w/debt 2011: 64%
Nonfederal debt, % of total debt of graduates 2011: 18%
Full-time enrollment fall 2010: 3,105
2010-11 In-state tuition and fees: $36,800
2010-11 Total cost of attendance: $ 47,200
2010-11 % Pell Grant recipients: 16%
THE COLLEGE OF ST. SCHOLASTICA
Average debt of graduates 2011: $41,282
Proportion of graduates w/debt 2011: 88%
Nonfederal debt, % of total debt of graduates 2011: 46%
Full-time enrollment fall 2010: 2,556
2010-11 In-state tuition and fees: $28,374
2010-11 Total cost of attendance: $38,756
2010-11 % Pell Grant recipients: 33%
UNIVERSITY OF ST. THOMAS
Average debt of graduates 2011: $31,073
Proportion of graduates w/debt 2011: 67%
Nonfederal debt, % of total debt of graduates 2011: 32%
Full-time enrollment fall 2010: 5,935
2010-11 In-state tuition and fees: $30,493
2010-11 Total cost of attendance: $44,630
2010-11 % Pell Grant recipients: 22%
* State rankings are from 1 (highest) to 50 (lowest). We did not calculate state averages when the usable cases with student debt data cover less than 30% of bachelor's degree recipients in the Class of 2011 or when the underlying data for that state showed a change of 30% or more in average debt from the previous year. Such large year-to-year swings likely reflect different institutions reporting each year, reporting errors, or changes in methodology by institutions reporting the data, rather than actual changes in debt levels.
** Debt data as reported by campuses to Peterson's Undergraduate Financial Aid and Undergraduate Databases. © 2012 Peterson's, a Nelnet company. All rights reserved.
All data are from public and private nonprofit four-year institutions only. Some colleges did not report student debt data. Only colleges that granted bachelor's degrees and reported the percentage of graduates with debt and average debt are included in the state figures. Enrollment and tuition data are from the National Center for Education Statistics, Integrated Postsecondary Education Data System. Pell Data are from the U.S. Department of Education. Student debt, Pell Grant, and other data can be compiled into sortable tables or downloaded into a spreadsheet on our College InSight web site, college-insight.org.
Calculations by the Project on Student Debt. See "Student Debt and the Class of 2010" report for details.
