Pros: Incredible funding (tuition wavier + stipend), great state for funding and grants (second only to New York), large and beautiful city, large cohort inside of a large school, Printmaking facilities amazing, Jenny Schmid is amazing (Corinne Teed joined the semester left)
Cons: Cold, department can be only focused on capital A Art (loves installation/performance/interdisciplinary does not like abstract work/conventional painting/pottery/craft), can be hard to connect with professors and get their time.
One con I'd like to elaborate on is that Minneapolis, and UMN even more so, can be a really difficult places to make friends. It's hard to stress how important/difficult this is but it's very similar to Seattle Freeze. I had one friend who regretted his whole 3 years and his work subsequently became about his home state entirely becuase he couldn't find his community and social circle. It can also be hard to connect with some professors because of this as well.
Overall definitely worth it, but when visiting try and go out/ go to bars/ do what you'd normally do in your city and try and feel out the atmosphere.