Median Earnings (1yr)
$71,933
34th percentile
40th percentile in Minnesota
Median Debt
$33,560
24% above national median

Analysis

Southwest Minnesota State's nursing program lands below the midpoint for Minnesota—ranking in the 40th percentile statewide with first-year earnings of $71,933 compared to the state median of $75,577. That gap matters in a state with 27 nursing programs, where the top performers like Walden and Capella see graduates earning $85,000+. The program does offer one advantage: relatively low debt at $33,560, which translates to a manageable debt-to-earnings ratio of 0.47. That's better than many programs nationally, though Minnesota nursing graduates typically carry even less debt ($28,495 median).

The troubling pattern here is complete earnings stagnation—graduates earn $71,933 both one and four years out. Most nursing careers show meaningful salary progression as nurses gain experience and specialize, but that's not materializing for this cohort. Whether this reflects limited opportunities in Marshall's rural location or other program-specific factors, it suggests graduates may need to relocate or pursue additional credentials to advance financially.

For a family prioritizing staying in Minnesota, this program offers a nursing degree at moderate cost, but your child would likely start behind peers from stronger state programs—a gap that doesn't appear to close over time. If geographic flexibility isn't an issue, look at Minnesota's higher-ranked options first.

Where Southwest Minnesota State University Stands

Earnings vs. debt across all registered nursing, nursing administration, nursing research and clinical nursing bachelors's programs nationally

Earnings Distribution

How Southwest Minnesota State University graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Southwest Minnesota State University$71,933$71,933+0%
Saint Mary's University of Minnesota$84,323$104,496+24%
Walden University$88,877$87,923-1%
Metropolitan State University$77,421$83,925+8%
Rasmussen University-Minnesota$74,861$82,469+10%

Compare to Similar Programs in Minnesota

Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing bachelors's programs at peer institutions in Minnesota (27 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Southwest Minnesota State UniversityMarshall$10,304$71,933$71,933$33,5600.47
Walden UniversityMinneapolis$12,498$88,877$87,923$32,8000.37
Capella UniversityMinneapolis$14,436$85,426$82,005$27,8260.33
Saint Mary's University of MinnesotaWinona$43,160$84,323$104,496$40,1880.48
Augsburg UniversityMinneapolis$43,942$80,574$77,817$23,4410.29
Minnesota State University MoorheadMoorhead$10,336$78,006$76,288$30,3590.39
National Median$74,888$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 Southwest Minnesota State University, approximately 11% 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 62 graduates with reported earnings and 72 graduates with debt data. Small samples may not be representative.