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 shows a split financial picture where your major decides everything. The overall median earnings of $39,080 sit low for a school with a net price near $19,000 a year, so the "average" outcome here does not pay off well. But that average hides a wide gap between programs.
Nursing is the clear winner. A bachelor's in registered nursing pays about $73,870, nearly double the school-wide median, and Minnesota's healthcare system in and around St. Cloud gives you a real regional market for those skills. If you come here for nursing, the debt of roughly $25,000 is manageable against that salary. Computer systems analysis and computer science follow at $61,516 and $55,964, both solid returns.
The risks show up in the tech and IT programs where debt runs high relative to pay. IT administration and management pays around $50,515 but carries the heaviest debt on the list at over $32,000, the worst debt-to-earnings tradeoff among the top programs. Finance lands near $52,000 with lower debt, a safer bet than IT management.
The net price tiers are unusual: families earning under $30,000 pay about $17,475, while families earning $75,000-$110,000 pay the most at $22,567. Lower income does not buy you a big discount here, and the middle-income bracket actually pays more than the wealthiest. Budget for close to full sticker price regardless of income.
This school fits you if you are targeting nursing or a computing field and can finish. The 53% graduation rate means roughly half of students leave without the credential that justifies the cost, and paying this net price without a degree is the main financial trap. If your goal is anything outside the high-earning programs above, the numbers say look elsewhere.
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.