Business Administration, Management and Operations at Rasmussen University-Minnesota

Rasmussen's business program graduates earn nearly $60,000 in their first year—crushing the national median by $14,000 and ranking in the 95th percentile nationally. But here's the puzzle: those same graduates fall to just the 60th percentile among Minnesota programs, meaning half the state's business schools deliver even stronger outcomes. The debt load at $37,315 sits well above both national and state medians of $26,000, creating a debt-to-earnings ratio that's workable but not comfortable at 0.63.

The real concern emerges in year four, when median earnings actually drop to $56,566—a 5% decline that runs counter to typical career trajectories. For a program serving 51% Pell-eligible students, this backwards earnings pattern combined with above-average debt creates meaningful financial pressure during the critical early career years when graduates should be building momentum. Compare this to University of Minnesota-Twin Cities ($66,000) or even similar-sized Concordia-Saint Paul ($59,044), both offering stronger trajectories with comparable or lower debt.

The upfront earnings are genuinely strong by national standards, but Minnesota families have access to multiple programs that deliver better long-term value. Unless Rasmussen offers compelling flexibility advantages—evening classes, online options, faster completion—the premium price doesn't align with the in-state competition. With over 30 business programs in Minnesota to choose from, you can likely find better earnings growth potential without the elevated debt burden.