Rasmussen University-Minnesota

St. Cloud, MN · Private for-profit · https://rasmussen.edu/ ↗

Rasmussen University-Minnesota is a private for-profit college in St. Cloud, Minnesota, set in a small city. It mostly awards certificates and has 8,617 undergraduate degree-seeking students. It also offers graduate degrees. By number of certificate degrees awarded, its largest programs are Teacher Education and Professional Development, Specific Levels and Methods; Health and Medical Administrative Services; and Business Operations Support and Assistant Services.

Source: U.S. Department of Education College Scorecard.

Rasmussen University-Minnesota at a glance

Undergraduate enrollment
8,617
Similar schools: 127
Average net priceiAverage sticker price minus typical grants and scholarships: the amount most students actually pay out-of-pocket plus loans.
$19,534
Similar schools: $20,499
Graduation rate (6 yrs)iShare of full-time students who finished a 4-year degree within 6 years (which is 150% of the standard 4-year time).
42.0%
Similar schools: 53.6%
Median earnings (10 yrs)iMedian earnings of students 10 years after they started college, among those working and not enrolled in further schooling.
$47,524
Similar schools: $32,752
Median debt at graduationiMedian federal student-loan balance carried by students who graduated. Doesn't include Parent PLUS or private loans.
$23,000
Similar schools: $9,498
First-year retentioniShare of first-year students who came back for year two. A baseline measure of student satisfaction.
100.0%
Similar schools: 65.8%

What the data shows about Rasmussen University-Minnesota

Comparisons below use the medians for the 1,749 private for-profit schools that mostly award certificates in the College Scorecard. Its average net price is $19,534 a year, about the same as the $20,499 median for similar schools. 100.0% of first-time, full-time students return for a second year (similar-school median: 65.8%). 42.0% of full-time students finish a four-year degree within six years, lower than the 53.6% median. Ten years after enrolling, former students who are working earn a median of $47,524, higher than the $32,752 median for similar schools. Graduates leave with a median of $23,000 in federal student loans (similar-school median: $9,498).