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Rasmussen University-Minnesota — ROI, Cost & Payback

Private for-profit · St. Cloud, MN · 8,617 students

The verdict

Rasmussen University-Minnesota charges a net price of $17,962/yr after aid — a 4-year total of $71,848. Median earnings ten years after entry are $39,080, 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, Rasmussen University-Minnesota does not clear its cost — it ranks #63 of 68 Minnesota colleges we track by ROI. The specific program you pick moves this more than the school average.

$17,962
Net price / yr
Scorecard, 2026
$39,080
Median earnings, 10 yrs
Scorecard, 2026
Payback
Our math, 2026
Admission rate
Scorecard, 2026
Rasmussen University-Minnesota: cost, earnings and payback
MeasureValueSource
Net price (after aid)$17,962/yrScorecard, 2026
Total net cost (4 yrs)$71,848our math
Median earnings, 10 yrs after entry$39,080Scorecard, 2026
Earnings premium over HS baseline-$9,280/yrour math
Median debt (completers)$20,899Scorecard, 2026
Paybackdoes not clearour math
20-year net return-$257,448our math

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

The arithmetic, on Rasmussen University-Minnesota's own numbers. Net price $17,962 × 4 years = $71,848 total. Median earnings $39,080 fall $9,280 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 $71,848 bill in about 7.2 years — the gap, not the price, is what blocks payback. Full method.

How much debt do Rasmussen University-Minnesota students graduate with?

A median $20,899 in federal loans among completers, or 53% of the $39,080 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.

What share of Rasmussen University-Minnesota students graduate?

53% finish their degree — 47% leave carrying the cost without the credential. Spread the $71,848 bill across that completion rate and the cohort pays $135,562 per graduate produced — our math, and the figure a payback number never shows.

Is Rasmussen University-Minnesota expensive compared with other Minnesota colleges?

Its $17,962 net price runs $1,142 above the $16,821 median across the 68 Minnesota colleges we profile, or $4,566 more across the full degree.

Rasmussen University-Minnesota: frequently asked questions

Is Rasmussen University-Minnesota worth the cost?
On institution-wide earnings, the degree does not clear its cost: graduates earn a median $39,080, 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 Rasmussen University-Minnesota 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 Rasmussen University-Minnesota cost after financial aid?
The median net price is $17,962/yr — about $71,848 over 4 years. That is what the typical aided student actually pays after grants and scholarships, not the published sticker price.
How does Rasmussen University-Minnesota compare to other Minnesota colleges?
It ranks #63 of 68 Minnesota colleges we track by payback. Its $39,080 median earnings trail the national median of $43,549, and its $17,962 net price is above the national median of $16,902.