Southwest Minnesota State University vs. MSB-Lakeville

Should I go to Southwest Minnesota State University or Minnesota School of Business Lakeville? Compare 50+ facts and figures about the colleges to help you determine if Southwest Minnesota State University or MSB-Lakeville 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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Southwest Minnesota State University vs. Minnesota School of Business Lakeville comparison
Southwest Minnesota State University Minnesota School of Business Lakeville College 3 College 4
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Overview

 Southwest Minnesota State University MSB-Lakeville
Location Marshall, MN Lakeville, MN
Setting Rural Fringe Large Suburban
Enrollment 6,930 140
Type Public 4 Year Private 4 Year
National Ranking #948
Religious Affiliation - - - -
Status Non-profit For-profit
Website smsu.edu msbcollege.edu
Team Colors                    

Costs

 Southwest Minnesota State University MSB-Lakeville
Tuition (In State) $8,840 $14,040
Tuition (Out of State) $8,840 $14,040
Room & Board $9,258 $5,472
Avg Net Price $15,004 $18,889
Avg Grant Aid $7,389 $5,472
% Receiving Grant Aid 94% 94%

Admission

 Southwest Minnesota State University MSB-Lakeville
Admission Chances Calculate Calculate
Applied 1,558 -
Admitted 1,427 -
Acceptance Rate 91.6% Open
Enrolled % 22.8% Open
Avg High School GPA 3.21 -
Typical High School Grades B -
Admissions Standards Extremely Easy Unavailable
Applicant Competition
ACT Range 17/23
SAT Range 935/1102
Submit Test Scores Not required for admission, but considered if submitted (Test Optional) Not applicable
Application Deadline Aug 18, 2025

Academics

 Southwest Minnesota State University MSB-Lakeville
Student to Faculty Ratio 15:1 0:1
Popular Majors
  • Business (39%)
  • Education (16%)
  • Recreation, Leisure and Fitness Studies (8%)
  • Communication (4%)
  • Biology (4%)
  • Business (59%)
  • Legal Professions (17%)
  • Health Professions (14%)
  • Computer and Information Sciences (7%)
  • Homeland Security, Law Enforcement, Firefighting (3%)

Outcomes

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

Diversity

 Southwest Minnesota State University MSB-Lakeville
% Men 38% 0%
% Women 62% 0%
Racial Diversity Low Low
HBCU No No
% White 80% 78%
% Black 5% 4%
% Hispanic 4% 3%
% Native American 0% 4%
% Pacific Islander 0% 1%
% Two or More Races 3% 0%
% International 5% 0%
% Unknown Race 2% 9%

Students

 Southwest Minnesota State University MSB-Lakeville
% In-State 74% -
% Out-of-State 20% -

Campus

 Southwest Minnesota State University MSB-Lakeville
Campus Housing Yes No
Freshman Dorm Required No No
Meal Plan Yes No
Weekend/Evening Classes Yes Yes
Daycare Facility Yes No
Learn More Details Details

Comparable Facts

  • Southwest Minnesota State University is larger than than MSB-Lakeville based on total student enrollment (6,930 students vs. 140 students)

Southwest Minnesota State University vs. MSB-Lakeville Cost Comparison

Which college is more expensive, Southwest Minnesota State University or MSB-Lakeville?

  • Minnesota School of Business Lakeville 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 MSB-Lakeville 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 MSB-Lakeville ($15,004 vs. $18,889)
  • Living costs (room and board or off-campus housing budget) at Minnesota School of Business Lakeville are 69.2% lower than costs at Southwest Minnesota State University ($5,472 vs. $9,258)
  • The same percent of students receive financial grant aid at Southwest Minnesota State University as Minnesota School of Business Lakeville (94% vs. 94%)
  • The average total grant financial aid received by Southwest Minnesota State University students is 35% larger than aid received Minnesota School of Business Lakeville ($7,389 vs. $5,472)

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

Southwest Minnesota State University vs. MSB-Lakeville Graduation Outcomes Comparison

Which is better, Southwest Minnesota State University or MSB-Lakeville? 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 MSB-Lakeville and Southwest Minnesota State University.

  • Graduates from Southwest Minnesota State University earn on average $5,900 more per year than MSB-Lakeville 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 MSB-Lakeville graduates. ($21,678 vs. $26,325)
  • Southwest Minnesota State University graduates are paying $48 less per month on federal student loans than MSB-Lakeville graduates. ($224 vs. $272)
  • More Southwest Minnesota State University graduates are actively paying back their federal student loan debt than former MSB-Lakeville 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/