Analysis
Rasmussen's associate degree in computer engineering delivers something rare: strong starting salaries with relatively low debt. First-year graduates earn $48,263 while carrying just $23,635 in debt—a debt-to-earnings ratio under 0.5 that most bachelor's programs would envy. That $56,172 at year four represents solid progression for a two-year technical degree, and the fact that this program lands in the 95th percentile nationally suggests Rasmussen has figured out something other schools haven't in this space.
The Minnesota context is worth noting: as the only associate-level computer engineering program in the state with available data, it's hard to draw local comparisons, but the 60th percentile state ranking appears to reflect the inclusion of bachelor's-level programs in that comparison. What matters more is the practical outcome—graduates enter technical roles quickly with manageable debt, which aligns well with the school's mission of serving first-generation and Pell-eligible students (51% of the population here).
For parents weighing a four-year university against this path, the math is straightforward. Your child could be earning $48,000 within a year, carrying about $24,000 in debt that's highly manageable on that salary. The moderate sample size means outcomes are reasonably stable, and the 16% earnings bump by year four suggests career momentum rather than a plateau.
Where Rasmussen University-Minnesota Stands
Earnings vs. debt across all computer engineering 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
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Rasmussen University-Minnesota | $48,263 | $56,172 | +16% |
| Rasmussen University-Florida | $48,263 | $56,172 | +16% |
| Rasmussen University-North Dakota | $48,263 | $56,172 | +16% |
| Rasmussen University-Illinois | $48,263 | $56,172 | +16% |
| Rasmussen University-Wisconsin | $48,263 | $56,172 | +16% |
Compare to Similar Programs Nationally
Computer Engineering associates's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $10,899 | $48,263 | $56,172 | $23,635 | 0.49 | |
| $15,117 | $48,263 | $56,172 | $23,635 | 0.49 | |
| $12,715 | $48,263 | $56,172 | $23,635 | 0.49 | |
| $13,546 | $48,263 | $56,172 | $23,635 | 0.49 | |
| $11,982 | $48,263 | $56,172 | $23,635 | 0.49 | |
| $15,340 | $48,263 | $56,172 | $23,635 | 0.49 | |
| National Median | — | $48,263 | — | $23,635 | 0.49 |
Career Paths
Occupations commonly associated with computer engineering graduates
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Computer Hardware Engineers
Software Developers
Software Quality Assurance Analysts and Testers
Computer Network Architects
Telecommunications Engineering Specialists
Database Architects
Data Warehousing Specialists
Engineering Teachers, Postsecondary
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 33 graduates with reported earnings and 58 graduates with debt data. Small samples may not be representative.