Median Earnings (1yr)
$53,285
48th percentile (40th in ND)
Median Debt
$39,938
60% above national median
Debt-to-Earnings
0.75
Manageable
Sample Size
125
Adequate data

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

Rasmussen University-North DakotaOther accounting programs

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)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Rasmussen University-North Dakota$53,285$55,860$39,9380.75
University of North Dakota$61,280$62,317$24,7800.40
North Dakota State University-Main Campus$57,695$62,441$23,6000.41
Dickinson State University$51,006$47,496$27,3210.54
National Median$53,694—$25,0000.47

Other Accounting Programs in North Dakota

Compare tuition, earnings, and debt across North Dakota schools

SchoolIn-State TuitionEarnings (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.