Analysis
A bachelor's degree in education that costs roughly $24,000 in debt while leading to first-year earnings near $39,000—based on what peer programs nationally produce—falls squarely in the middle of the pack for teacher preparation. That debt-to-earnings ratio of 0.63 means graduates would owe about eight months of their first-year salary, which is manageable compared to many other fields but hardly a bargain given teachers' well-documented salary compression.
The real consideration here is North Dakota's teacher salary landscape. While we're working with national estimates for Minot State's outcomes, the state's small population and rural character mean teaching positions may offer different compensation trajectories than the national median suggests. North Dakota has historically faced teacher shortages in certain subjects and locations, which can create both opportunity and challenge—steady demand but potentially lower salaries than metropolitan areas elsewhere.
For families comfortable with a teaching career's financial realities, this estimated debt load won't sink a graduate. But understand that first-year earnings around $39,000 likely represent close to the ceiling for early-career growth in education, not the floor. The profession's salary structure means that five-year earnings matter more than the initial figure, and those too will follow predictable, modest increments. If your child is committed to teaching, the debt is serviceable; if they're exploring options, recognize that this investment buys entry to a career with limited earnings upside.
Where Minot State University Stands
Earnings vs. debt across all education bachelors's programs nationally
Compare to Similar Programs Nationally
Education bachelors's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $8,634 | $38,660* | — | $24,333* | — | |
| $8,886 | $68,730* | — | $26,556* | 0.39 | |
| $12,186 | $60,288* | — | —* | — | |
| $11,728 | $57,410* | — | $13,250* | 0.23 | |
| $19,568 | $56,397* | $40,429 | —* | — | |
| $44,850 | $55,579* | $54,660 | $27,000* | 0.49 | |
| National Median | — | $38,660* | — | $26,522* | 0.69 |
Career Paths
Occupations commonly associated with education graduates
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Minot State University, approximately 24% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the national median of 66 similar programs. Actual outcomes may vary.