Accounting at Rasmussen University-North Dakota
Associate's Degree
Analysis
Rasmussen's accounting associate degree commands a premium price—$23,823 in debt versus the national median of $19,354—but delivers earnings that justify the investment. Graduates earn $43,765 in their first year, landing them in the 86th percentile nationally and solidly above the $37,000 national median. That translates to a manageable 0.54 debt-to-earnings ratio, meaning graduates earn roughly twice what they borrowed.
The North Dakota context is interesting: this program sits at the 60th percentile statewide, which actually equals the state median for accounting associate degrees. With only five schools offering this program in the state, you're looking at a middle-of-the-pack option for local students. The flat earnings trajectory—essentially no growth between year one and year four—is worth noting, though starting near $44,000 with an associate degree provides a solid foundation for either immediate career entry or transfer to a bachelor's program.
For families weighing this investment, the math works. You're paying above-average debt but getting above-average outcomes, particularly compared to the national landscape. The nearly half of students receiving Pell grants suggests the program serves working-class families successfully. If your child needs a two-year credential that leads to employable skills and reasonable debt, this delivers.
Where Rasmussen University-North Dakota Stands
Earnings vs. debt across all accounting associates's programs nationally
Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.
Earnings Distribution
How Rasmussen University-North Dakota graduates compare to all programs nationally
Rasmussen University-North Dakota graduates earn $44k, placing them in the 86th percentile of all accounting associates programs nationally.
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.
Compare to Similar Programs in North Dakota
Accounting associates's programs at peer institutions in North Dakota (5 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Rasmussen University-North Dakota | $43,765 | $44,358 | $23,823 | 0.54 |
| National Median | $37,000 | — | $19,354 | 0.52 |
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-North Dakota, approximately 46% 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 80 graduates with reported earnings and 155 graduates with debt data. Small samples may not be representative.