Minnesota School of Business-Richfield vs. Southwest Minnesota State University

Should I go to Minnesota School of Business Richfield or Southwest Minnesota State University? Compare 50+ facts and figures about the colleges to help you determine if Minnesota School of Business-Richfield or Southwest Minnesota State University is the better college for you. The CollegeSimply comparison tool allows side-by-side comparison of 50+ statistics and facts for over 2,500 colleges and universities.
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Minnesota School of Business Richfield vs. Southwest Minnesota State University comparison
Minnesota School of Business Richfield Southwest Minnesota State University College 3 College 4
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Overview

 Minnesota School of Business-Richfield Southwest Minnesota State University
Location Richfield, MN Marshall, MN
Setting Large Suburban Rural Fringe
Enrollment 581 6,930
Type Private 4 Year Public 4 Year
National Ranking #948
Religious Affiliation - - - -
Status For-profit Non-profit
Website msbcollege.edu smsu.edu
Team Colors                    

Costs

 Minnesota School of Business-Richfield Southwest Minnesota State University
Tuition (In State) $14,040 $8,840
Tuition (Out of State) $14,040 $8,840
Room & Board $5,472 $9,258
Avg Net Price $19,167 $15,004
Avg Grant Aid $7,125 $7,389
% Receiving Grant Aid 98% 94%

Admission

 Minnesota School of Business-Richfield Southwest Minnesota State University
Admission Chances Calculate Calculate
Applied - 1,558
Admitted - 1,427
Acceptance Rate Open 91.6%
Enrolled % Open 22.8%
Avg High School GPA - 3.21
Typical High School Grades - B
Admissions Standards Unavailable Extremely Easy
Applicant Competition
ACT Range 17/23
SAT Range 935/1102
Submit Test Scores Not applicable Not required for admission, but considered if submitted (Test Optional)
Application Deadline Aug 18, 2024

Academics

 Minnesota School of Business-Richfield Southwest Minnesota State University
Student to Faculty Ratio 0:1 15:1
Popular Majors
  • Business (44%)
  • Health Professions (19%)
  • Communications Technology (10%)
  • Computer and Information Sciences (10%)
  • Legal Professions (9%)
  • Business (39%)
  • Education (16%)
  • Recreation, Leisure and Fitness Studies (8%)
  • Communication (4%)
  • Biology (4%)

Outcomes

 Minnesota School of Business-Richfield Southwest Minnesota State University
Graduation Rate 25% 39%
Median Earnings (After 10 years) $35,300 $41,200
Making Student Loan Payments 42% 66%
Median Student Loan Debt $26,325 $21,678
Median Loan Payment $272 $224

Diversity

 Minnesota School of Business-Richfield Southwest Minnesota State University
% Men 0% 38%
% Women 0% 62%
Racial Diversity Low Low
HBCU No No
% White 76% 80%
% Black 8% 5%
% Hispanic 5% 4%
% Native American 1% 0%
% Pacific Islander 1% 0%
% Two or More Races 0% 3%
% International 0% 5%
% Unknown Race 3% 2%

Students

 Minnesota School of Business-Richfield Southwest Minnesota State University
% In-State - 74%
% Out-of-State - 20%

Campus

 Minnesota School of Business-Richfield Southwest Minnesota State University
Campus Housing No Yes
Freshman Dorm Required No No
Meal Plan No Yes
Weekend/Evening Classes Yes Yes
Daycare Facility No Yes
Learn More Details Details

Comparable Facts

  • Southwest Minnesota State University is larger than than Minnesota School of Business-Richfield based on total student enrollment (6,930 students vs. 581 students)

Minnesota School of Business-Richfield vs. Southwest Minnesota State University Cost Comparison

Which college is more expensive, Minnesota School of Business-Richfield or Southwest Minnesota State University?

  • Minnesota School of Business Richfield is 58.8% more expensive to attend than Southwest Minnesota State University for in-state tuition ($14,040.00 vs. $8,840.00)
  • Out of state tuition is 58.8% higher at Minnesota School of Business-Richfield than Southwest Minnesota State University ($14,040.00 vs. $8,840.00)
  • The typical actual cost that students pay to attend (average net price) is less at Southwest Minnesota State University than Minnesota School of Business-Richfield ($15,004 vs. $19,167)
  • Living costs (room and board or off-campus housing budget) at Minnesota School of Business Richfield are 69.2% lower than costs at Southwest Minnesota State University ($5,472 vs. $9,258)
  • More students receive financial grant aid at Minnesota School of Business Richfield than Southwest Minnesota State University (98% vs. 94%)
  • The average total grant financial aid received by Southwest Minnesota State University students is 3.7% larger than aid received Minnesota School of Business Richfield ($7,389 vs. $7,125)

Which college is harder to get into, Minnesota School of Business-Richfield or Southwest Minnesota State University? Average SAT and ACT scores plus acceptance rates offer good insight into the difficulty of admission between Southwest Minnesota State University or Minnesota School of Business-Richfield .

Minnesota School of Business-Richfield vs. Southwest Minnesota State University Graduation Outcomes Comparison

Which is better, Minnesota School of Business-Richfield or Southwest Minnesota State University? Graduation rate, salary and amount of student loan debt are indicators of a college which offers better outcomes for its graduates. Compare the following outcomes facts between Southwest Minnesota State University and Minnesota School of Business-Richfield.

  • The graduation rate at Southwest Minnesota State University is higher than Minnesota School of Business Richfield (39% vs. 25%)
  • Graduates from Southwest Minnesota State University earn on average $5,900 more per year than Minnesota School of Business-Richfield graduates after ten years. ($41,200 vs. $35,300)
  • Southwest Minnesota State University students graduate with a $4,647 lower median federal student loan debt than Minnesota School of Business-Richfield graduates. ($21,678 vs. $26,325)
  • Southwest Minnesota State University graduates are paying $48 less per month on federal student loans than Minnesota School of Business-Richfield graduates. ($224 vs. $272)
  • More Southwest Minnesota State University graduates are actively paying back their federal student loan debt than former Minnesota School of Business-Richfield students, three years after graduation. (66% vs. 42%)

Sources: U.S. Department of Education https://nces.ed.gov IPEDS and College Scorecard https://collegescorecard.ed.gov/