Accounting at Rasmussen University-North Dakota
Bachelor's Degree
Analysis
Rasmussen's accounting program saddles students with nearly $40,000 in debt—almost 60% more than the typical North Dakota accounting graduate and among the highest debt loads nationally for this degree. First-year earnings of $53,285 lag behind North Dakota's median by about $2,200, placing graduates in the bottom half of state programs. While the debt-to-earnings ratio of 0.75 isn't catastrophic, you're paying premium prices for below-average outcomes in a state where University of North Dakota graduates earn $61,280 and carry significantly less debt.
The modest 5% earnings growth over four years means graduates don't quickly grow into their debt burden. Compare this to public alternatives: North Dakota State produces similar starting salaries with far less financial strain, and even Dickinson State—despite lower earnings—leaves students with more manageable debt loads. With 46% of students receiving Pell grants, many families here are already financially stretched.
The bottom line: Unless location or scheduling constraints make Rasmussen your only option, North Dakota's public universities offer substantially better value for accounting students. The debt premium here doesn't translate into superior job placement or earnings potential, making this a difficult program to justify financially.
Where Rasmussen University-North Dakota Stands
Earnings vs. debt across all accounting bachelors'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 $53k, placing them in the 48th percentile of all accounting bachelors 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 bachelors's programs at peer institutions in North Dakota (8 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Rasmussen University-North Dakota | $53,285 | $55,860 | $39,938 | 0.75 |
| University of North Dakota | $61,280 | $62,317 | $24,780 | 0.40 |
| North Dakota State University-Main Campus | $57,695 | $62,441 | $23,600 | 0.41 |
| Dickinson State University | $51,006 | $47,496 | $27,321 | 0.54 |
| National Median | $53,694 | — | $25,000 | 0.47 |
Other Accounting Programs in North Dakota
Compare tuition, earnings, and debt across North Dakota schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| University of North Dakota Grand Forks | $10,951 | $61,280 | $24,780 |
| North Dakota State University-Main Campus Fargo | $10,857 | $57,695 | $23,600 |
| Dickinson State University Dickinson | $9,118 | $51,006 | $27,321 |
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 125 graduates with reported earnings and 147 graduates with debt data. Small samples may not be representative.