For the 2011-12 academic year, the average undergraduate tuition and required fees charged to full-time, Minnesota residents enrolled in regular, on-campus programs are approximately:
- $5,173 at Minnesota two-year colleges,
- $7,323 at Minnesota state universities,
- $13,062 at the University of Minnesota,
- $14,042 at other private career schools licensed by the Office of Higher Education, and
- $31,862 at private liberal arts colleges that are members of the Minnesota Private College Council.
The least expensive public institution, Anoka-Ramsey Community College, charges $4,811 for a student who attends full-time for an entire school year. Students pay $42,942 at Carleton College, which has the highest tuition of Minnesota colleges.
Since 2000, tuition and required fees at the University of Minnesota, Twin Cities increased by 168 percent. Within MnSCU, tuition and fees increased by 125 percent in the state universities, and 109 percent in community and technical colleges. Average tuition and fees at private liberal arts colleges increased 92 percent. In contrast, per capita personal income in Minnesota grew by 31 percent over the same period.