At $23,875/yr net price, Augsburg University graduates earn $58,829/yr within 10 years of enrollment, which is $24,829/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $23,875 |
| Estimated 4-Year Cost | $95,500 |
| Median Earnings (10yr post-entry) | $58,829/yr |
| Earnings Premium vs. HS Diploma | +$24,829/yr |
| Estimated Break-Even | 3.8 years |
| Graduation Rate (6-year) | 52.4% |
| Median Debt at Graduation | $25,347 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $21,376/yr |
| $30,001 - $48,000 | $20,901/yr |
| $48,001 - $75,000 | $20,478/yr |
| $75,001 - $110,000 | $24,741/yr |
| $110,001+ | $30,427/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Allied Health Diagnostic, Intervention, and Treatment Professions. | Master | $111,435 | $121,214 |
| Management Information Systems and Services. | Bachelor | $74,157 | $23,851 |
| Business Administration, Management and Operations. | Master | $72,602 | $41,000 |
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Bachelor | $67,660 | $11,967 |
| Social Work. | Master | $54,768 | $39,933 |
| Teacher Education and Professional Development, Specific Levels and Methods. | Master | $51,530 | $47,833 |
| Accounting and Related Services. | Bachelor | $49,084 | $26,617 |
| Finance and Financial Management Services. | Bachelor | $47,729 | $27,000 |
| Economics. | Bachelor | $45,696 | $27,000 |
| Chemistry. | Bachelor | $44,384 |
The Risk Factor
52.4% of students at Augsburg University graduate within 6 years. More than half of students finish, but the dropout rate is a real factor in whether this investment pays off.
Analysis
Augsburg University delivers mixed financial returns with significant variation by program choice. The school's $58,829 median earnings and $25,347 debt load create manageable debt-to-income ratios, but your major selection determines whether you see strong or weak returns.
Allied health programs generate the highest earnings at $111,435 annually, though you'll graduate with $121,214 in debt. Management information systems and business administration both exceed $70,000 in starting salaries while keeping debt reasonable. Nursing stands out as the financial sweet spot, producing $67,660 earnings with just $11,967 in debt.
Social work graduates face financial challenges with $54,768 earnings against nearly $40,000 in debt. The 52% graduation rate means nearly half of students never complete their degrees, making incomplete programs a real financial risk at Augsburg.
You'll find this school works best if you're targeting healthcare, business, or technology fields where Minneapolis job markets are strong. The Twin Cities location provides solid employment opportunities for these graduates. Avoid Augsburg if you're considering lower-earning majors or if you're uncertain about finishing your degree.
The school awards financial aid to just over half of students, suggesting merit scholarships may be competitive. Your retention rate of 70% indicates academic support exists but isn't universal. Focus on programs with clear career pathways and strong local demand to maximize your investment at Augsburg.
Frequently Asked Questions
Is Augsburg University worth the cost for the education you get?
Augsburg's ROI depends heavily on your major. Allied health programs show strong returns with $111,435 median earnings, but the overall graduate earnings of $58,829 are modest given the $23,875 annual net price and 52% graduation rate.
What are the best paying majors at Augsburg University?
Allied health diagnostic and treatment programs lead with $111,435 median earnings, followed by management information systems at $74,157. Social work graduates earn significantly less at $54,768, making program choice critical for ROI.
How much debt do Augsburg University students typically graduate with?
The median debt is $25,347, which is manageable if you pursue high-earning programs like allied health or MIS. However, this debt burden becomes problematic for lower-paying fields like social work.
Does Augsburg University have good job placement after graduation?
With a 52% graduation rate, nearly half of students don't complete their degrees, which raises concerns about academic support and student outcomes. The school's 76% acceptance rate suggests less selective admissions standards.