Computer/Information Technology Administration and Management at Rasmussen University-Minnesota

Rasmussen's IT management program lands squarely in the middle of Minnesota's market—ranking at the 60th percentile among state programs—but the debt picture demands careful attention. Graduates earn $59,685 in their first year, climbing to nearly $70,000 by year four, which edges above both state and national medians. That's solid performance, especially considering over half of students receive Pell grants. However, the $47,579 in median debt is significantly higher than the state median of $42,916 and nearly double the national benchmark of $27,000.

The math works, but just barely. With a debt-to-earnings ratio of 0.80, graduates should be able to manage their loans, though they'll feel the pinch more than peers at programs with lighter debt loads. The 17% earnings growth over four years suggests reasonable career progression, but compare this to Capella graduates who start at $86,000—that $26,000 gap never fully closes. Saint Cloud State offers similar outcomes with potentially better in-state tuition advantages.

For families without substantial savings, this program represents a viable but not exceptional path into IT management. The relatively high debt relative to starting salary means your child needs to be committed to this field and prepared for several years of careful budgeting after graduation. If lower-debt alternatives are accessible, they're worth serious consideration.