Median Earnings (1yr)
$59,693
95th percentile
60th percentile in North Dakota
Median Debt
$37,315
44% above national median

Analysis

Rasmussen's business administration program lands graduates at nearly $60,000 in their first year—well above the national median of $45,700 and beating 95% of similar programs nationwide. But in North Dakota's business education landscape, that performance looks less exceptional. The program sits at the 60th percentile statewide, trailing schools like University of Mary by just slightly, while carrying $37,315 in median debt—roughly $11,000 more than the state median for business programs.

The earnings picture raises questions: instead of growing, graduate salaries dip to $56,566 by year four. With nearly half of students receiving Pell grants, that $37,000 debt load represents a substantial burden even with solid starting salaries. The debt-to-earnings ratio of 0.63 is manageable but not comfortable, especially given the backward earnings trajectory.

For North Dakota families, this comes down to tuition costs. If you're paying close to public university rates, programs like University of Mary or UND offer similar or better outcomes with comparable debt. But if Rasmussen's flexible scheduling or accelerated format fits your child's situation, those first-year earnings do provide a reasonable foundation for debt repayment—just don't expect significant salary growth in those crucial early career years.

Where Rasmussen University-North Dakota Stands

Earnings vs. debt across all business administration, management and operations bachelors's programs nationally

Earnings Distribution

How Rasmussen University-North Dakota graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Rasmussen University-North Dakota$59,693$56,566-5%
Bismarck State College$100,668$123,359+23%
University of Mary$57,057$62,591+10%
North Dakota State University-Main Campus$48,105$56,473+17%
University of North Dakota$53,776$53,606-0%

Compare to Similar Programs in North Dakota

Business Administration, Management and Operations bachelors's programs at peer institutions in North Dakota (14 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Rasmussen University-North DakotaFargo$12,715$59,693$56,566$37,3150.63
Bismarck State CollegeBismarck$5,195$100,668$123,359$15,4520.15
University of MaryBismarck$21,468$57,057$62,591$27,6540.48
University of North DakotaGrand Forks$10,951$53,776$53,606$23,0000.43
Dickinson State UniversityDickinson$9,118$50,830$50,499$27,1970.54
North Dakota State University-Main CampusFargo$10,857$48,105$56,473$23,2500.48
National Median$45,703$26,0000.57

Career Paths

Occupations commonly associated with business administration, management and operations graduates

Computer and Information Systems Managers

Plan, direct, or coordinate activities in such fields as electronic data processing, information systems, systems analysis, and computer programming.

$171,200/yrJobs growth:Bachelor's degree

Architectural and Engineering Managers

Plan, direct, or coordinate activities in such fields as architecture and engineering or research and development in these fields.

$167,740/yrJobs growth:Bachelor's degree

Biofuels/Biodiesel Technology and Product Development Managers

Define, plan, or execute biofuels/biodiesel research programs that evaluate alternative feedstock and process technologies with near-term commercial potential.

$167,740/yrJobs growth:Bachelor's degree

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

$161,700/yrJobs growth:Bachelor's degree

Treasurers and Controllers

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

$161,700/yrJobs growth:Bachelor's degree

Investment Fund Managers

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$161,700/yrJobs growth:Bachelor's degree

Natural Sciences Managers

Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, mathematics, statistics, and research and development in these fields.

$161,180/yrJobs growth:Bachelor's degree

Clinical Research Coordinators

Plan, direct, or coordinate clinical research projects. Direct the activities of workers engaged in clinical research projects to ensure compliance with protocols and overall clinical objectives. May evaluate and analyze clinical data.

$161,180/yrJobs growth:Bachelor's degree

Water Resource Specialists

Design or implement programs and strategies related to water resource issues such as supply, quality, and regulatory compliance issues.

$161,180/yrJobs growth:Bachelor's degree

Compensation and Benefits Managers

Plan, direct, or coordinate compensation and benefits activities of an organization.

$140,360/yrJobs growth:Bachelor's degree

Human Resources Managers

Plan, direct, or coordinate human resources activities and staff of an organization.

$140,030/yrJobs growth:Bachelor's degree

Sales Managers

Plan, direct, or coordinate the actual distribution or movement of a product or service to the customer. Coordinate sales distribution by establishing sales territories, quotas, and goals and establish training programs for sales representatives. Analyze sales statistics gathered by staff to determine sales potential and inventory requirements and monitor the preferences of customers.

$138,060/yrJobs growth:Bachelor's degree
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 313 graduates with reported earnings and 355 graduates with debt data. Small samples may not be representative.