Median Earnings (1yr)
$44,921
53rd percentile (60th in MN)
Median Debt
$23,755
60% above national median
Debt-to-Earnings
0.53
Manageable
Sample Size
43
Adequate data

Analysis

The sharp decline in earnings at Ridgewater's practical nursing program—from nearly $45,000 at year one to $35,000 by year four—raises immediate questions about graduate career trajectories. This 22% drop is unusual in nursing fields, where income typically grows with experience. It suggests graduates may be shifting to part-time work, leaving the profession, or facing local labor market constraints. While the initial salary exceeds both state and national medians for practical nursing programs, that advantage evaporates quickly.

The debt picture offers some relief: at $23,755, graduates carry significantly less than many nursing programs nationally, though it's still above Minnesota's median for this credential. The 0.53 debt-to-earnings ratio based on first-year income looks manageable, but if graduates experience income drops similar to the tracked cohort, they could face 12-18 months of debt payments relative to their eventual earnings—a tighter squeeze than it first appears.

For Minnesota families, Ridgewater ranks solidly in the 60th percentile statewide, but top programs like Dakota County Technical or Lake Superior College show $3,000-$4,000 higher initial earnings. Unless location factors strongly favor Willmar, those differences compound over time. If your child is committed to staying local and plans a sustained full-time nursing career, this program can work—but investigate why earnings decline so steeply before committing.

Where Ridgewater College Stands

Earnings vs. debt across all practical nursing, vocational nursing and nursing assistants certificate's programs nationally

Ridgewater CollegeOther practical nursing, vocational nursing and nursing assistants 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 $45k, placing them in the 53th percentile of all practical nursing, vocational nursing and nursing assistants certificate 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

Practical Nursing, Vocational Nursing and Nursing Assistants certificate's programs at peer institutions in Minnesota (25 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Ridgewater College$44,921$35,126$23,7550.53
Dakota County Technical College$48,973$47,179$14,0100.29
Lake Superior College$47,190$41,488$11,9690.25
Rasmussen University-Minnesota$45,271$46,881$21,2740.47
Riverland Community College$44,726—$22,3560.50
Saint Paul College$44,393$42,878$17,5000.39
National Median$44,134—$14,8030.34

Other Practical Nursing, Vocational Nursing and Nursing Assistants Programs in Minnesota

Compare tuition, earnings, and debt across Minnesota schools

SchoolIn-State TuitionEarnings (1yr)Debt
Dakota County Technical College
Rosemount
$6,419$48,973$14,010
Lake Superior College
Duluth
$5,786$47,190$11,969
Rasmussen University-Minnesota
St. Cloud
$10,899$45,271$21,274
Riverland Community College
Austin
$6,250$44,726$22,356
Saint Paul College
Saint Paul
$6,318$44,393$17,500

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 43 graduates with reported earnings and 39 graduates with debt data. Small samples may not be representative.