Median Earnings (1yr)
$43,765
86th percentile
60th percentile in Minnesota
Median Debt
$23,823
23% above national median

Analysis

Rasmussen's accounting associate's program costs about $2,000 more in student debt than the typical Minnesota program while delivering earnings right at the state median. That premium pricing becomes harder to justify when you look at Minnesota's community college alternatives: North Hennepin grads earn $6,000 more annually while Century College grads earn $2,600 more, both likely at lower cost to students. Your child would graduate in the 60th percentile among Minnesota accounting programs—solidly middle-of-the-pack in a competitive state market.

The bright spot is stability. First-year earnings of $43,765 hold nearly steady through year four, and the debt burden remains manageable at just over half of first-year income. Nationally, this program punches above its weight, landing in the 86th percentile. But that comparison matters less for accounting, where local employment networks and state licensing requirements mean Minnesota-specific outcomes are what count.

For families paying a premium at a for-profit institution, consider whether that extra debt buys enough to justify the cost. If logistics or program flexibility make Rasmussen the only realistic option, the outcomes won't derail your child's career. But if nearby community colleges work logistically, they offer similar or better results at lower cost—particularly important for the 51% of students here receiving Pell grants who are already stretching limited resources.

Where Rasmussen University-Minnesota Stands

Earnings vs. debt across all accounting associates's programs nationally

Earnings Distribution

How Rasmussen University-Minnesota graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Rasmussen University-Minnesota$43,765$44,358+1%
Anoka-Ramsey Community College$43,520$50,060+15%
North Hennepin Community College$49,685$48,712-2%
Dakota County Technical College$37,289$48,370+30%
Century College$46,996$42,456-10%

Compare to Similar Programs in Minnesota

Accounting associates's programs at peer institutions in Minnesota (28 total in state)

Scroll to see more →

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Rasmussen University-MinnesotaSt. Cloud$10,899$43,765$44,358$23,8230.54
North Hennepin Community CollegeBrooklyn Park$5,050$49,685$48,712
Century CollegeWhite Bear Lake$6,182$46,996$42,456
Anoka-Ramsey Community CollegeCoon Rapids$5,682$43,520$50,060$22,0830.51
Minnesota State Community and Technical CollegeFergus Falls$5,900$39,742$34,414$26,7900.67
Dakota County Technical CollegeRosemount$6,419$37,289$48,370$21,4690.58
National Median$37,000$19,3540.52

Career Paths

Occupations commonly associated with accounting graduates

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

$161,700/yrJobs growth:Bachelor's degree

Treasurers and Controllers

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

$161,700/yrJobs growth:Bachelor's degree

Investment Fund Managers

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$161,700/yrJobs growth:Bachelor's degree

Financial and Investment Analysts

Conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses.

$101,910/yrJobs growth:Bachelor's degree

Financial Risk Specialists

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.

$101,910/yrJobs growth:Bachelor's degree

Financial Examiners

Enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify, or authenticate records.

$90,400/yrJobs growth:Bachelor's degree

Budget Analysts

Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.

$87,930/yrJobs growth:Bachelor's degree

Business Teachers, Postsecondary

Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Accountants and Auditors

Examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data.

$81,680/yrJobs growth:Bachelor's degree

Tax Examiners and Collectors, and Revenue Agents

Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.

$59,740/yrJobs growth:Bachelor's degree

Bookkeeping, Accounting, and Auditing Clerks

Compute, classify, and record numerical data to keep financial records complete. Perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records. May also check the accuracy of figures, calculations, and postings pertaining to business transactions recorded by other workers.

$49,210/yrJobs growth:Some college, no degree

Payroll and Timekeeping Clerks

Compile and record employee time and payroll data. May compute employees' time worked, production, and commission. May compute and post wages and deductions, or prepare paychecks.

$48,650/yrJobs growth:High school diploma or equivalent
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 Rasmussen University-Minnesota, approximately 51% 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.

Sample Size: Based on 80 graduates with reported earnings and 155 graduates with debt data. Small samples may not be representative.