Rasmussen University-Minnesota
Rasmussen University-Minnesota — Earnings vs Cost (vs National Average)
Rasmussen University-Minnesota at a Glance
Rasmussen University is a private for-profit university with multiple locations throughout the United States. It offers associate, bachelor's, master's, and doctoral degrees as well as certificates and diplomas in career-focused areas at 20 campuses in Minnesota, Illinois, North Dakota, Florida, Wisconsin, and Kansas with many programs offered online.
1900
126 years old
16,790
Identity
Is Rasmussen University-Minnesota Worth It?
At a value score of 29/100, Rasmussen University-Minnesota is a below-average value relative to its cost. Graduates earn $39,080 — 27% below average — while paying $17,962/year. Consider alternatives with better earnings-to-cost ratios.
The investment pays for itself in just 1.8 years — among the fastest payback periods of any college we track.
A 53% graduation rate is a serious red flag — fewer than 5 in 10 students finish. Those who don't graduate may still carry student debt without the higher-earning credential to show for it.
With median debt of $20,899 representing 53% of first-year earnings, loan repayment will be a significant burden for most graduates.
Bottom line: consider whether the specific program you're interested in at Rasmussen University-Minnesota has outcomes that justify the cost — the institution-wide numbers suggest caution.
How Rasmussen University-Minnesota compares to peer for-profit colleges of similar tier nationally
Ranked #2 of 13 on value score. Peers are matched by size, median earnings, SAT, and admission rate — not just geography.
| Rank | College | Value | Net price / yr | Median earnings |
|---|---|---|---|---|
| #1 | Monroe University | 40 | $14,522 | $41,236 |
| #2 | Rasmussen University-Minnesota | 29 | $17,962 | $39,080 |
| #3 | South College | 21 | $17,858 | $36,642 |
| #4 | ECPI University | 20 | $22,965 | $42,837 |
| #5 | Miller-Motte College-Chattanooga | 19 | $23,958 | $31,102 |
| #6 | The College of Health Care Professions-Northwest | 14 | $27,830 | $33,070 |
Peer group: for-profit colleges within ±60% of Rasmussen University-Minnesota's student body size and within a similar academic tier (SAT ±80, admit rate ±10pp, median earnings ±25%).
Best Programs at Rasmussen University-Minnesota
The highest-earning program at Rasmussen University-Minnesota is Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing at $72,200/year (4 years after graduation). The lowest is Visual and Performing Arts, General at $28,400/year.
Your major matters more than the school name — a Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing graduate from Rasmussen University-Minnesota earns $72,200, while a Visual and Performing Arts, General graduate earns $28,400. That's more than a 2× difference from the same institution. Choose your program carefully — it's the single biggest lever you control.
Debt also varies by program: Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing graduates carry $25,196 in median debt vs. $41,514 for Visual and Performing Arts, General.
Return on Investment
Estimated 4-Year Cost
Based on $17,962/yr net price × 4 years
Earnings Premium
vs. national average of $53,787/yr
Payback Period
Time to recoup the total cost through higher earnings
10-Year Net Gain
Median earnings over 10 years minus total cost of attendance
Programs & Earnings by Major
Graduate earnings data by field of study (4 years after graduation):
| Major | Earnings (4yr) | Earnings (1yr) | Median Debt |
|---|---|---|---|
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing | $72,200 | $72,200 | $25,196 |
| Computer Systems Analysis | $64,300 | $64,300 | $24,991 |
| Finance and Financial Management Services | $51,100 | $51,100 | $25,460 |
| Computer/Information Technology Administration and Management | $47,500 | $47,500 | $41,416 |
| Human Resources Management and Services | $46,500 | $46,500 | $23,760 |
| Business Administration, Management and Operations | $45,100 | $45,100 | $24,540 |
| Accounting and Related Services | $43,100 | $43,100 | $35,498 |
| Marketing | $41,900 | $41,900 | $21,796 |
| Health and Medical Administrative Services | $40,200 | $40,200 | $40,008 |
| Criminal Justice and Corrections | $33,200 | $33,200 | $38,530 |
| Educational Administration and Supervision | $28,700 | $28,700 | $23,327 |
| Visual and Performing Arts, General | $28,400 | $28,400 | $41,514 |
Similar Colleges in MN
Quick Facts
- Institution Type
- for-profit
- Location
- St. Cloud, MN
- Student Body
- 8,617 students
- Graduation Rate
- 53%
- Net Price (Annual)
- $17,962
- Median Earnings (10yr)
- $39,080
- Median Student Debt
- $20,899