At $15,205/yr net price, Herzing University-Minneapolis graduates earn $36,909/yr within 10 years of enrollment, which is $2,909/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $15,205 |
| Estimated 4-Year Cost | $60,820 |
| Median Earnings (10yr post-entry) | $36,909/yr |
| Earnings Premium vs. HS Diploma | +$2,909/yr |
| Estimated Break-Even | 20.9 years |
| Graduation Rate (6-year) | 73.5% |
| Median Debt at Graduation | $21,500 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $14,559/yr |
| $30,001 - $48,000 | $13,480/yr |
| $48,001 - $75,000 | $12,787/yr |
| $75,001 - $110,000 | $20,183/yr |
| $110,001+ | $20,906/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Computer Programming. | Bachelor | $62,260 | $31,000 |
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Bachelor | $60,799 | $27,573 |
| Criminal Justice and Corrections. | Bachelor | $58,943 | $19,310 |
| Business Administration, Management and Operations. | Bachelor | $50,047 | $33,791 |
| Dental Support Services and Allied Professions. | Associate | $49,832 | |
| Computer Programming. | Associate | $44,971 | |
| Business Administration, Management and Operations. | Master | $44,389 | $41,000 |
| Criminal Justice and Corrections. | Associate | $42,682 | $13,374 |
| Accounting and Related Services. | Bachelor | $41,937 | |
| Computer Systems Networking and Telecommunications. | Associate | $40,132 | $24,410 |
The Risk Factor
73.5% of students at Herzing University-Minneapolis graduate within 6 years. A significant share of students finish, but roughly 27% do not complete their degree.
Analysis
Herzing University-Minneapolis delivers strong returns for healthcare and technology programs but falls short in other areas. Computer programming graduates earn $62,260 annually, making their $31,000 debt load manageable. Nursing program graduates see similar success at $60,799 yearly, with lower debt at $27,573.
The school's 73.5% graduation rate outperforms many career-focused institutions, but the concerning 57% retention rate suggests many students struggle to stay enrolled. Criminal justice graduates earn $58,943 with reasonable debt, while business administration students face a tougher equation with $33,791 debt against $50,047 earnings.
Your biggest risk is program selection. The $36,909 median earnings across all graduates means choosing the wrong major could leave you financially worse off than skipping college entirely. Dental support services, despite solid job prospects in Minneapolis, generates lower returns relative to other health programs.
You should consider Herzing if you want nursing, computer programming, or criminal justice training in a smaller classroom setting. The school makes financial sense for career changers seeking specific technical skills rather than traditional college experiences. Skip Herzing for business degrees where larger universities offer better networking and similar costs.
Financial aid reaches only 52% of students, limiting options for those needing significant help. The relatively low net price of $15,205 reflects the school's focus on working adults and practical programs rather than generous aid packages. Your best strategy involves choosing high-earning programs and completing quickly to minimize total costs.
Frequently Asked Questions
Is Herzing University-Minneapolis worth the cost compared to other colleges?
Herzing University-Minneapolis graduates earn $36,909 ten years after graduation, which is below the national average for college graduates. With a net price of $15,205 per year, the return on investment is modest but reasonable for career-focused programs.
Which programs at Herzing University-Minneapolis have the best job prospects?
Computer Programming graduates earn the highest median salary at $62,260, followed by nursing programs at around $60,799. These technical programs offer significantly better earning potential than the overall graduate average of $36,909.
How much student debt do Herzing University-Minneapolis graduates typically have?
The median debt for Herzing University-Minneapolis graduates is $21,500, which is relatively manageable compared to many private colleges. However, this debt level may be challenging for graduates in lower-paying programs who earn below the school's average.
What is the graduation rate at Herzing University-Minneapolis?
Herzing University-Minneapolis has a 73.50% graduation rate, which is above average for schools with similar admission standards. The high acceptance rate of 94% means most students can get in, but about one in four won't finish their degree.