SmartAsset has released its eighth annual study on the colleges and universities giving students the best return on their educational investment. To determine the best value colleges in each state, SmartAsset compared schools across the following categories: scholarships and grants, graduates’ starting salary, tuition, living costs, and retention rate.

See how the top schools in Minnesota compared below:

Rank        School        City, State        Avg. Scholarships and Grants        Avg. Starting Salary        College Tuition        Student Living Costs        Student Retention Rate        College Education Value – Index

1        University of Minnesota-Twin Cities        Minneapolis, MN        $9,528        $62,400        $14,760        $13,138        93%        63.94

2        University of Minnesota-Duluth        Duluth, MN        $7,319        $57,500        $13,366        $11,248        79%        55.39

3        Saint Johns University        Collegeville, MN        $30,428        $61,900        $44,990        $12,819        82%        52.60

4        St Olaf College        Northfield, MN        $34,342        $58,300        $47,840        $12,750        91%        52.34

5        Minnesota State University-Mankato        Mankato, MN        $4,062        $55,900        $8,184        $12,298        79%        51.51

6        University of St Thomas        Saint Paul, MN        $24,935        $62,300        $42,736        $13,928        87%        49.88

7        Carleton College        Northfield, MN        $40,678        $62,100        $54,759        $16,566        94%        48.06

8        Gustavus Adolphus College        Saint Peter, MN        $30,529        $54,700        $45,400        $11,970        88%        46.98

9        Saint Cloud State University        Saint Cloud, MN        $5,019        $56,300        $8,265        $12,726        67%        46.26

10        Winona State University        Winona, MN        $3,891        $54,600        $9,425        $12,550        75%        46.14