Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing at Rasmussen University-Minnesota

Rasmussen's nursing program offers solid career prospects with a significant financial advantage: graduates carry exceptionally low debt loads. With median debt of just $39,232 compared to the national average of $27,000 and Minnesota's $28,495, this program ranks in the 5th percentile nationally for debt—meaning 95% of nursing programs saddle students with more debt.

The earnings picture is more mixed. Starting salaries of $74,861 hit the national median but fall slightly below Minnesota's typical nursing earnings of $75,577, ranking in the 40th percentile statewide. However, the debt-to-earnings ratio of 0.52 is quite manageable, and graduates see steady 10% growth over four years. While top Minnesota programs like Walden ($88,877) and Capella ($85,426) produce higher earners, they likely come with substantially higher debt loads.

For families prioritizing financial stability over maximizing income, Rasmussen delivers strong value. The lower debt burden means graduates have more financial flexibility early in their careers, and nursing's strong job market provides plenty of opportunities for career advancement. Given that 51% of students receive Pell grants, this program appears to serve working-class families well by minimizing financial risk while providing entry into a stable, growing profession.