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Rasmussen University-Minnesota vs Bethany Lutheran College: which has better ROI?

Private for-profit, St. Cloud MN · vs · Private nonprofit, Mankato MN

The verdict

Neither clears its cost on institution-wide earnings, but Bethany Lutheran College comes closer — median earnings $46,110 against a $80,592 total, vs $39,080 at Rasmussen University-Minnesota. (Scorecard, 2026 · our math.)

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Head to head
MeasureRasmussen University-MinnesotaBethany Lutheran College
Net price / yr$17,962$20,148
Total net cost$71,848$80,592
Median earnings, 10 yrs$39,080$46,110
Median debt$20,899$23,000
Payback
20-year net return-$257,448-$125,592

College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.

Which is cheaper, Rasmussen University-Minnesota or Bethany Lutheran College?

Rasmussen University-Minnesota, at $17,962 a year after aid versus $20,148 — a gap of $2,186 a year, or $8,744 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Rasmussen University-Minnesota or Bethany Lutheran College graduates earn more?

Bethany Lutheran College graduates report a median $46,110 ten years after entry, $7,030 more than the $39,080 at Rasmussen University-Minnesota. Both are institution-wide medians from federal tax records, so a high-paying major at the lower school can beat the average at the higher one.

Which leaves students with less debt, Rasmussen University-Minnesota or Bethany Lutheran College?

Rasmussen University-Minnesota: its completers carry a median $20,899 in federal loans versus $23,000 at Bethany Lutheran College, a difference of $2,101. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

55% of students finish at Bethany Lutheran College, against 53% at Rasmussen University-Minnesota. Completion matters to the ROI arithmetic because a degree that is never finished still carries its cost and its debt, but earns none of the graduate premium above the $48,360 high-school baseline.

Rasmussen University-Minnesota vs Bethany Lutheran College: frequently asked questions

Is Rasmussen University-Minnesota or Bethany Lutheran College a better value?
Bethany Lutheran College comes closer, but neither clears its cost on institution-wide earnings — the field you study decides it here more than the school.
Which is cheaper, Rasmussen University-Minnesota or Bethany Lutheran College?
Rasmussen University-Minnesota: $17,962/yr net price after aid versus $20,148/yr at Bethany Lutheran College — a difference of $2,186 a year, or about $8,744 over four years.
Do Rasmussen University-Minnesota or Bethany Lutheran College graduates earn more?
Bethany Lutheran College graduates earn a median $46,110 ten years after entry, versus $39,080 at Rasmussen University-Minnesota — a $7,030 gap. This blends every major, so a specific field can flip it.