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Minnesota North College — ROI, Cost & Payback

Public · Hibbing, MN · 2,013 students

The verdict

Minnesota North College charges a net price of $10,432/yr after aid — a 2-year total of $20,864. Median earnings ten years after entry are $45,570, below the $48,360 high-school baseline, so on this institution-wide metric the degree does not clear its cost. Program choice is what changes that. (Scorecard, 2026 · our math.)

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On institution-wide earnings, Minnesota North College does not clear its cost — it ranks #40 of 68 Minnesota colleges we track by ROI. The specific program you pick moves this more than the school average.

$10,432
Net price / yr
Scorecard, 2026
$45,570
Median earnings, 10 yrs
Scorecard, 2026
Payback
Our math, 2026
Admission rate
Scorecard, 2026
Minnesota North College: cost, earnings and payback
MeasureValueSource
Net price (after aid)$10,432/yrScorecard, 2026
Total net cost (2 yrs)$20,864our math
Median earnings, 10 yrs after entry$45,570Scorecard, 2026
Earnings premium over HS baseline-$2,790/yrour math
Median debt (completers)$12,000Scorecard, 2026
Paybackdoes not clearour math
20-year net return-$76,664our math

College Scorecard (2026 release), institution-level · payback and returns are our math.

The arithmetic, on Minnesota North College's own numbers. Net price $10,432 × 2 years = $20,864 total. Median earnings $45,570 fall $2,790 short of the $48,360 high-school baseline, so the premium this formula divides by is not positive and no break-even year exists on institution-wide pay. A programme here earning $58,360 would clear the $20,864 bill in about 2.1 years — the gap, not the price, is what blocks payback. Full method.

How much debt do Minnesota North College students graduate with?

A median $12,000 in federal loans among completers, or 26% of the $45,570 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.

What share of Minnesota North College students graduate?

42% finish their degree — 58% leave carrying the cost without the credential. Spread the $20,864 bill across that completion rate and the cohort pays $49,676 per graduate produced — our math, and the figure a payback number never shows.

Is Minnesota North College expensive compared with other Minnesota colleges?

Its $10,432 net price runs $6,389 below the $16,821 median across the 68 Minnesota colleges we profile, and $12,777 less across the full degree.

Minnesota North College: frequently asked questions

Is Minnesota North College worth the cost?
On institution-wide earnings, the degree does not clear its cost: graduates earn a median $45,570, at or below the $48,360 high-school baseline. The field you study matters far more here than the school average — a high-paying major can flip the math.
How long does a Minnesota North College degree take to pay off?
On institution-wide earnings it does not pay back, because median earnings sit at or below the $48,360 high-school baseline. A specific high-ROI program can still pay off.
How much does Minnesota North College cost after financial aid?
The median net price is $10,432/yr — about $20,864 over 2 years. That is what the typical aided student actually pays after grants and scholarships, not the published sticker price.
How does Minnesota North College compare to other Minnesota colleges?
It ranks #40 of 68 Minnesota colleges we track by payback. Its $45,570 median earnings beat the national median of $43,549, and its $10,432 net price is below the national median of $16,902.