The U.S. and Minnesota will have to stretch to meet proposed goals for
the percentage of workers who earn a college credential. While our
national standing is being surpassed by other countries, Minnesota is
well-positioned to produce more college educated workers.
New data confirm the link between higher education and higher income in
Minnesota, but the income benefit varies depending on race. Three local
experts — Paul Mattessich, Carlos Mariani and Steve Hine — weigh in on
the research findings and what they mean for Minnesota.
Minnesota Private College Council institutions play a vital role in
educating Minnesota’s population. A third of all bachelor’s degrees in
Minnesota are granted by MPCC members; they also grant 45% of the
master’s degrees in the state.
The latest analysis shows that Minnesota Private College Council member
institutions have the highest graduation rate in Minnesota with 64% of
students graduating in four years. This continues a longstanding trend.
Minnesota college students rely increasingly on borrowing to pay for
college, but their borrowing patterns vary among different kinds of
institutions. MPCC member institutions work to minimize student debt by
providing substantial institutional grant aid.