Median Earnings (1yr)
$71,933
34th percentile (40th in MN)
Median Debt
$33,560
24% above national median
Debt-to-Earnings
0.47
Manageable
Sample Size
62
Adequate data

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

Southwest Minnesota State UniversityOther registered nursing, nursing administration, nursing research and clinical nursing 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 Southwest Minnesota State University graduates compare to all programs nationally

Southwest Minnesota State University graduates earn $72k, placing them in the 34th percentile of all registered nursing, nursing administration, nursing research and clinical nursing bachelors 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

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

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Southwest Minnesota State University$71,933$71,933$33,5600.47
Walden University$88,877$87,923$32,8000.37
Capella University$85,426$82,005$27,8260.33
Saint Mary's University of Minnesota$84,323$104,496$40,1880.48
Augsburg University$80,574$77,817$23,4410.29
Minnesota State University Moorhead$78,006$76,288$30,3590.39
National Median$74,888—$27,0000.36

Other Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing Programs in Minnesota

Compare tuition, earnings, and debt across Minnesota schools

SchoolIn-State TuitionEarnings (1yr)Debt
Walden University
Minneapolis
$12,498$88,877$32,800
Capella University
Minneapolis
$14,436$85,426$27,826
Saint Mary's University of Minnesota
Winona
$43,160$84,323$40,188
Augsburg University
Minneapolis
$43,942$80,574$23,441
Minnesota State University Moorhead
Moorhead
$10,336$78,006$30,359

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.