Median Earnings (1yr)
$47,506
95th percentile
60th percentile in Minnesota
Median Debt
$13,047
At national median

Analysis

Rasmussen's accounting certificate in St. Cloud significantly outperforms most Minnesota programs, with graduates earning $47,506 in their first year—nearly $8,000 above the state median of $39,563 and placing in the 60th percentile statewide. What's even more striking is how this compares nationally: these earnings land in the 95th percentile among all similar accounting certificate programs across the country. Combined with moderate debt of $13,047 (actually below Minnesota's typical $18,650 for these programs), you're looking at a debt load graduates can reasonably manage in about three months of earnings.

The big caveat here is sample size—fewer than 30 graduates means these numbers could shift significantly year to year. That said, the pattern is encouraging: strong earnings relative to both state and national peers, with debt levels that don't create financial strain. For a certificate program serving a population where half receive Pell grants, this represents accessible entry into accounting work with immediate earning potential.

If your child needs quick workforce entry in accounting and you're Minnesota residents, this program merits serious consideration despite the small sample caveat. The earnings premium over other Minnesota certificate options is substantial, and the debt burden is manageable enough that even if future cohorts earn less, the risk feels contained.

Where Rasmussen University-Minnesota Stands

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

Earnings Distribution

How Rasmussen University-Minnesota graduates compare to all programs nationally

Compare to Similar Programs in Minnesota

Accounting certificate's programs at peer institutions in Minnesota (30 total in state)

Scroll to see more →

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Rasmussen University-MinnesotaSt. Cloud$10,899$47,506$13,0470.27
Herzing University-MinneapolisSt. Louis Park$13,420$31,620$26,473$24,2520.77
National Median$31,684$13,0470.41

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 23 graduates with reported earnings and 46 graduates with debt data. Small samples may not be representative.