Minnesota impact

Community and economy facts

On the community and economy

  • While our students make up almost 1/3 of all baccalaureate graduates in the state, they benefit from a small share — just 3% — of public spending on higher education.
  • Chart showing state spending for higher ed

  • It would cost the state of Minnesota an estimated $297 million each year in institutional subsidies if private colleges didn't exist and our students enrolled instead in public institutions.
  • Alumni from our schools who were recipients of need-based state aid achieve similar income and employment levels as students who didn't receive aid one year following graduation.

Community Benefits

  • All of our institutions are committed to helping Minnesota K-12 students overcome barriers to higher education. Six of our schools serve more than 2,000 students striving for academic success in federally funded TRiO programs. Other efforts to help youth overcome barriers to higher education include teacher preparation programs and K-12 partnerships. View more information on other efforts targeting low-income Minnesotans.

Economic Benefits

  • Minnesota's Private Colleges add more than $1.3 billion annually to Minnesota's economy through direct operating and capital expenditures.
  • We employ 13,400 faculty and staff.
    • We rank 8th among Minnesota private sector employers, when considering our total number of employees. We rank 11th among all employers, public and private.
  • 65% of our most recent graduates, regardless of their home state, stay in Minnesota, adding to the quality of the state's workforce and tax base.