Median Earnings (1yr)
$74,861
50th percentile
60th percentile in North Dakota
Median Debt
$39,232
45% above national median

Analysis

This Rasmussen nursing program delivers solid earnings with exceptionally manageable debt, making it a financially sound choice for your child. With first-year earnings of $74,861 and debt of just $39,232, graduates face a debt-to-earnings ratio of 0.52โ€”well below the problematic 1.0 threshold that signals financial stress. Most impressively, this program ranks in the 5th percentile nationally for debt, meaning 95% of nursing programs saddle students with more debt.

The earnings picture is reassuring both locally and nationally. While the program performs at the national median for nursing earnings, it ranks in the 60th percentile among North Dakota nursing programs, outperforming the state median of $72,810. Among the state's eight nursing programs, Rasmussen ranks second in earnings, trailing only Mayville State by about $2,600 annually. The 10% earnings growth from year one to year four suggests steady career progression.

The financial math works strongly in your child's favor here. The combination of competitive regional earnings and remarkably low debt creates an attractive return on investment. With 46% of students receiving Pell grants, the program serves many middle and lower-income families successfully. This represents a practical path to a stable healthcare career without the crushing debt burden that plagues many college graduates.

Where Rasmussen University-North Dakota Stands

Earnings vs. debt across all registered nursing, nursing administration, nursing research and clinical nursing 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$74,861$82,469+10%
Minot State University$72,522$69,266-4%
University of Jamestown$74,094$66,306-11%
Dickinson State University$68,151$65,020-5%
University of North Dakota$73,097$64,294-12%

Compare to Similar Programs in North Dakota

Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing bachelors's programs at peer institutions in North Dakota (8 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Rasmussen University-North DakotaFargo$12,715$74,861$82,469$39,2320.52
Mayville State UniversityMayville$7,935$77,525โ€”$28,2500.36
University of JamestownJamestown$24,820$74,094$66,306$28,0000.38
University of North DakotaGrand Forks$10,951$73,097$64,294$25,7920.35
Minot State UniversityMinot$8,634$72,522$69,266$27,1110.37
University of MaryBismarck$21,468$72,453โ€”$28,5780.39
National Medianโ€”$74,888โ€”$27,0000.36

Career Paths

Occupations commonly associated with registered nursing, nursing administration, nursing research and clinical nursing graduates

Nurse Anesthetists

Administer anesthesia, monitor patient's vital signs, and oversee patient recovery from anesthesia. May assist anesthesiologists, surgeons, other physicians, or dentists. Must be registered nurses who have specialized graduate education.

$132,050/yrJobs growth:Master's degree

Nurse Midwives

Diagnose and coordinate all aspects of the birthing process, either independently or as part of a healthcare team. May provide well-woman gynecological care. Must have specialized, graduate nursing education.

$132,050/yrJobs growth:Master's degree

Nurse Practitioners

Diagnose and treat acute, episodic, or chronic illness, independently or as part of a healthcare team. May focus on health promotion and disease prevention. May order, perform, or interpret diagnostic tests such as lab work and x rays. May prescribe medication. Must be registered nurses who have specialized graduate education.

$132,050/yrJobs growth:Master's degree

Medical and Health Services Managers

Plan, direct, or coordinate medical and health services in hospitals, clinics, managed care organizations, public health agencies, or similar organizations.

$117,960/yrJobs growth:Bachelor's degree

Registered Nurses

Assess patient health problems and needs, develop and implement nursing care plans, and maintain medical records. Administer nursing care to ill, injured, convalescent, or disabled patients. May advise patients on health maintenance and disease prevention or provide case management. Licensing or registration required.

$93,600/yrJobs growth:Bachelor's degree

Acute Care Nurses

Provide advanced nursing care for patients with acute conditions such as heart attacks, respiratory distress syndrome, or shock. May care for pre- and post-operative patients or perform advanced, invasive diagnostic or therapeutic procedures.

$93,600/yrJobs growth:Bachelor's degree

Advanced Practice Psychiatric Nurses

Assess, diagnose, and treat individuals and families with mental health or substance use disorders or the potential for such disorders. Apply therapeutic activities, including the prescription of medication, per state regulations, and the administration of psychotherapy.

$93,600/yrJobs growth:Bachelor's degree

Critical Care Nurses

Provide specialized nursing care for patients in critical or coronary care units.

$93,600/yrJobs growth:Bachelor's degree

Clinical Nurse Specialists

Direct nursing staff in the provision of patient care in a clinical practice setting, such as a hospital, hospice, clinic, or home. Ensure adherence to established clinical policies, protocols, regulations, and standards.

$93,600/yrJobs growth:Bachelor's degree

Nursing Instructors and Teachers, Postsecondary

Demonstrate and teach patient care in classroom and clinical units to nursing students. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:
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 917 graduates with reported earnings and 1025 graduates with debt data. Small samples may not be representative.