Median Earnings (1yr)
$40,206
95th percentile (60th in MN)
Median Debt
$25,902
13% above national median
Debt-to-Earnings
0.64
Manageable
Sample Size
19
Limited data

Analysis

Ridgewater College graduates start strong, earning $40,206 in their first year—outpacing 95% of similar programs nationwide and coming in respectably at the 60th percentile in Minnesota. That's notably better than the national median of $31,719, and while it trails Minnesota's top performers like Anoka Tech and Rochester Community College, it's competitive within the state. The debt load of $25,902 is manageable, translating to a 0.64 debt-to-earnings ratio that should be workable for most graduates.

The concern here is what happens next. Earnings drop to $35,471 by year four—a 12% decline that's unusual for healthcare administration roles. This could reflect graduates moving between positions, shifting to part-time work, or leaving the field entirely, but without more context it's difficult to know. The small sample size (under 30 graduates) means these numbers might not represent the typical experience, and a few individual career paths could skew the results significantly.

For families considering this program, the strong starting salary and reasonable debt make it a solid initial investment, particularly compared to national alternatives. Just be aware that the earnings trajectory doesn't follow the typical upward pattern, and with such limited data, you're working with less certainty than you'd have at larger programs. If your child is committed to healthcare administration and plans to stay in Minnesota, this program offers a legitimate path in—just keep expectations realistic about long-term earnings growth.

Where Ridgewater College Stands

Earnings vs. debt across all health and medical administrative services associates's programs nationally

Ridgewater CollegeOther health and medical administrative services 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 Ridgewater College graduates compare to all programs nationally

Ridgewater College graduates earn $40k, placing them in the 95th percentile of all health and medical administrative services 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 Minnesota

Health and Medical Administrative Services associates's programs at peer institutions in Minnesota (23 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Ridgewater College$40,206$35,471$25,9020.64
Anoka Technical College$44,570$45,511$28,9970.65
Rochester Community and Technical College$43,381$44,275$27,7500.64
Minnesota State Community and Technical College$39,534$45,366$24,4750.62
Rasmussen University-Minnesota$39,372$37,442$26,0000.66
Herzing University-Minneapolis$30,821$30,692$35,4841.15
National Median$31,719—$23,0000.73

Other Health and Medical Administrative Services Programs in Minnesota

Compare tuition, earnings, and debt across Minnesota schools

SchoolIn-State TuitionEarnings (1yr)Debt
Anoka Technical College
Anoka
$6,267$44,570$28,997
Rochester Community and Technical College
Rochester
$6,359$43,381$27,750
Minnesota State Community and Technical College
Fergus Falls
$5,900$39,534$24,475
Rasmussen University-Minnesota
St. Cloud
$10,899$39,372$26,000
Herzing University-Minneapolis
St. Louis Park
$13,420$30,821$35,484

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 Ridgewater College, approximately 34% 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 19 graduates with reported earnings and 24 graduates with debt data. Small samples may not be representative.