At $19,071/yr net price, Rasmussen University-Minnesota graduates earn $39,080/yr within 10 years of enrollment, which is $5,080/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $19,071 |
| Estimated 4-Year Cost | $76,284 |
| Median Earnings (10yr post-entry) | $39,080/yr |
| Earnings Premium vs. HS Diploma | +$5,080/yr |
| Estimated Break-Even | 15 years |
| Graduation Rate (6-year) | 53.2% |
| Median Debt at Graduation | $20,899 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $17,475/yr |
| $30,001 - $48,000 | $19,724/yr |
| $48,001 - $75,000 | $19,319/yr |
| $75,001 - $110,000 | $22,567/yr |
| $110,001+ | $20,634/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Bachelor | $73,870 | $25,000 |
| Computer Systems Analysis. | Bachelor | $61,516 | |
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | Associate | $56,886 | $20,058 |
| Computer Science. | Bachelor | $55,964 | $28,113 |
| Finance and Financial Management Services. | Bachelor | $52,107 | $24,433 |
| Computer Engineering. | Associate | $52,107 | $19,203 |
| Computer/Information Technology Administration and Management. | Bachelor | $50,515 | $32,391 |
| Human Resources Management and Services. | Bachelor | $47,260 | $27,865 |
| Business Administration, Management and Operations. | Bachelor | $47,129 | $26,142 |
| Allied Health Diagnostic, Intervention, and Treatment Professions. | Associate | $45,852 | $20,283 |
The Risk Factor
53.2% of students at Rasmussen University-Minnesota 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
Rasmussen University-Minnesota offers mixed financial returns that depend heavily on your program choice. The nursing programs deliver strong ROI, with top earners making $73,870 annually against manageable debt loads around $25,000. Computer systems analysis also pays well at $61,516, making these technical and healthcare tracks financially sound investments.
Your major selection determines everything at this school. While nursing and computer programs justify their costs, other programs may struggle to generate positive returns given the $39,080 median earnings across all graduates. With a net price of $19,071 annually, you need to earn significantly above that median to make the investment worthwhile.
The 53% graduation rate creates substantial financial risk. Nearly half of students accumulate debt without completing their degrees, leaving them with loan payments but no credential. This risk factor weighs particularly heavy given the for-profit structure and tuition costs.
Rasmussen works financially for career-focused students targeting nursing or computer fields who can handle accelerated programs and stay on track to graduate. The 100% retention rate suggests students who make it past the first year typically continue, but you must be certain about your program choice before enrolling.
Avoid this school if you want to explore different majors or need extensive academic support. The for-profit model demands focused students who know their career goals. With 51% of students receiving financial aid, investigate all available assistance, but remember that aid often means more loans rather than free money at for-profit institutions.
Frequently Asked Questions
Is Rasmussen University-Minnesota worth the cost?
Rasmussen University-Minnesota's $19,071 annual cost leads to median earnings of $39,080 after 10 years, which is below average for college graduates. The return depends heavily on your program choice, with nursing and computer programs offering much better outcomes than the overall average.
What programs at Rasmussen University-Minnesota have the best ROI?
Nursing programs at Rasmussen University-Minnesota show strong returns with graduates earning around $73,870, while computer systems analysis graduates earn $61,516. These programs justify the cost much better than the school's overall graduate outcomes.
How much debt do Rasmussen University-Minnesota graduates have?
Rasmussen University-Minnesota graduates carry a median debt of $20,899, which is manageable compared to many private schools. However, with overall graduate earnings of $39,080, debt payments could still strain budgets for graduates in lower-paying programs.
What is the graduation rate at Rasmussen University-Minnesota?
Rasmussen University-Minnesota has a 53% graduation rate, meaning nearly half of students don't complete their programs. This adds risk to your investment since you could end up with debt but no degree.