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Rasmussen University-North Dakota

Fargo, ND — Private For-Profit

Value Score: 25/100

Tuition (In-State): $13,957 | Out-of-State: $13,957

Graduation Rate: 45.5%

Median Earnings (10yr): $39,080 | Median Debt: $20,899

Student Body Size: 52

Rasmussen University-North Dakota shows low graduation rates and a negative ROI despite moderate affordability.

Report Card: Overall Grade C-

Rasmussen University-North Dakota receives an overall grade of C- based on six dimensions:

College Analysis

Rasmussen University-North Dakota, a small private for-profit institution, presents a mixed picture regarding its academic offerings and student outcomes. While it serves a diverse student body, with a significant percentage identifying as Black or White, the institution's graduation rate stands at 45.5%, which is below the national average. The academic rigor and specific program strengths are not detailed in the provided data, making a comprehensive assessment difficult. However, the median earnings 10 years after entry are $39,080, which, when compared to the median debt of $20,899, suggests a challenging return on investment. The affordability score of 75 is relatively high, but this is offset by the negative ROI score of -30, indicating that the cost of education may outweigh the long-term financial benefits for many graduates. The student experience is likely influenced by its small size, but further information on campus life and support services would be needed for a complete understanding.

The Verdict: Is Rasmussen University-North Dakota Worth It?

Rasmussen University-North Dakota presents a complex value proposition. With an in-state and out-of-state tuition of $13,957, the cost is moderate for a private institution. However, the median earnings after 10 years stand at a relatively low $39,080, and the median debt is $20,899. This results in a stark ROI Score of -30, indicating that, on average, graduates earn significantly less than their debt burden over a decade. The debt-to-earnings ratio is concerning, with median debt representing over 53% of median 10-year earnings. A rough debt payoff timeline, assuming a portion of earnings goes towards repayment, could easily extend beyond 5-7 years, potentially impacting financial flexibility. Compared to the cost of attendance, the median earnings do not offer a strong return on investment. While Rasmussen University-North Dakota may provide specific career training, the long-term financial outcomes suggest it is an overpriced option for many students. The recommendation is to approach with extreme caution, thoroughly investigate program-specific outcomes, and explore more cost-effective alternatives.

Return on Investment

With median 10-year earnings of $39,080 and median debt of $20,899, Rasmussen University-North Dakota has a negative ROI score of -30, suggesting the degree may not be financially worth the cost for many students.

Debt Reality Check

Median student debt at Rasmussen University-North Dakota: $20,899. Monthly payment on a standard 10-year plan: $237/month. Total repaid: $28,440 ($7,541 in interest).

Breakeven vs high school diploma: 2.3 years. Debt burden: Manageable. Salary needed for comfortable repayment: $28,440.

Strengths

Weaknesses

Academic Profile

Rasmussen University-North Dakota, with its focused student population of approximately 52, prioritizes career-ready education. While specific departmental strengths are not detailed, as a for-profit institution, its programs are typically designed in close collaboration with industry needs. Expect strong emphasis on fields like nursing, health sciences, business, and technology, which are common areas of focus for Rasmussen campuses nationwide. Faculty quality, while not directly indicated by salary data (which is unavailable), is generally geared towards practical application and industry experience rather than extensive academic research. The student-faculty ratio is exceptionally low, likely around 10:1 or less, allowing for highly personalized attention and mentorship. Research opportunities may be limited and more project-based, integrated into coursework rather than independent faculty-led initiatives. Honors programs are not a standard offering at most Rasmussen campuses. Study abroad is also unlikely given the program structure and focus. Academic support is a key component, with resources typically including tutoring, academic advising, and career services designed to help students succeed in their chosen programs and secure employment post-graduation. Specific program names to look for would align with high-demand career fields.

Financial Aid Guide for Rasmussen University-North Dakota

Navigating financial aid at Rasmussen University-North Dakota requires understanding its structure as a private, for-profit institution. The stated tuition of $13,957 is the base cost, and financial aid packages are crucial for most students. Rasmussen campuses typically offer a mix of federal aid, including Pell Grants (though the rate is not provided here, it's a key indicator of need-based aid), federal student loans, and potentially the Federal Work-Study program. Merit-based aid is less common at for-profit institutions compared to private non-profits; the focus is generally on need-based aid and federal programs. For students with lower family incomes (e.g., under $30,000), a significant portion of tuition could be covered by Pell Grants and federal loans, potentially reducing out-of-pocket costs substantially. For middle-income families (e.g., $50,000-$75,000), federal loans will likely form the bulk of aid, with some potential for institutional grants or scholarships, though these are often limited. The median debt of $20,899 suggests that many students do rely on loans to finance their education. Scholarship opportunities might exist through specific Rasmussen initiatives or external organizations targeting students in particular fields of study. Negotiating aid is generally not as effective at for-profit institutions as at private non-profits; aid packages are often standardized based on federal guidelines and institutional funding. It's essential to complete the FAFSA early and work closely with the Rasmussen financial aid office to understand all available options and the total cost after aid.

Hidden Costs at Rasmussen University-North Dakota

Alumni Outcomes & Career Paths

Rasmussen University-North Dakota, a private for-profit institution in Fargo, serves a relatively small student body, with recent data indicating around 52 students. This size suggests a more intimate educational environment, but also potentially a more limited alumni network and fewer direct recruitment pipelines compared to larger universities. While specific data on major employers actively recruiting from Rasmussen University-North Dakota is not readily available, graduates from similar for-profit institutions often find employment in sectors that value practical, career-focused training. Given its location in North Dakota, common industries for alumni might include healthcare (nursing, medical assisting), business and administrative services, and potentially IT support roles, depending on program offerings. Companies like Sanford Health, Essentia Health, and local businesses in Fargo could be potential employers. Graduation rates at 45.5% suggest a significant portion of students do not complete their programs, which can impact overall graduate outcomes and employer perception. Information on graduate school placement rates is not publicly detailed, but given the career-focused nature of many for-profit programs, a direct transition into the workforce is more common. Notable alumni are not widely publicized, which is typical for smaller, specialized institutions. Career services quality can vary; for-profit schools often emphasize job placement assistance, but the effectiveness can depend on program relevance to market demand and the strength of employer partnerships. Internship pipelines are crucial for practical experience; programs in healthcare or technology would likely involve clinical rotations or co-op placements with local healthcare providers or tech firms in the Fargo-Moorhead area. Geographic hiring patterns for Rasmussen-ND graduates are likely concentrated within North Dakota and potentially neighboring states like Minnesota, driven by local program strengths and the need to establish careers in the region where they studied.

Campus Life & Culture at Rasmussen University-North Dakota

The student body at Rasmussen University-North Dakota is small, numbering around 52, suggesting a highly personalized and focused learning environment. Students are typically adult learners or recent high school graduates seeking direct entry into specific career fields, with a strong emphasis on practical application over theoretical research. The student who thrives here is self-directed, career-oriented, and values close interaction with faculty and peers.

Rasmussen University-North Dakota in Fargo offers a unique, intimate campus experience, primarily serving a student body of around 52 individuals. This small size fosters a close-knit community where students often know each other across different programs. The social scene is less about large, traditional campus events and more about building connections within your cohort and through shared academic pursuits. Given its size and for-profit nature, don't expect sprawling dormitories or a traditional Greek life system. Housing is typically off-campus, with students often finding apartments in Fargo, which offers a range of options from student-focused complexes to individual rentals. Dining is also decentralized, relying on local Fargo eateries and grocery stores, allowing students flexibility but requiring personal planning. Student organizations are likely program-specific or centered around professional development within their chosen fields, rather than broad social clubs. Athletics are not a significant feature of Rasmussen-North Dakota, aligning with its focus on career-oriented education. The 'vibe' is one of focused, career-driven learning in a supportive, small-group environment. Students who thrive here are self-motivated, appreciate direct faculty interaction, and are looking for a streamlined path to a specific career.

Campus Highlights

Location & Regional Advantages

Rasmussen University-North Dakota's location in Fargo, ND, offers a unique regional context for its students. Fargo itself is a growing city with a developing job market, particularly strong in healthcare, technology, and agriculture-related industries. Major employers like Sanford Health and Essentia Health provide significant employment opportunities, especially for graduates in healthcare programs. The city also boasts a lower cost of living compared to many larger metropolitan areas, making the overall financial picture for graduates potentially more favorable. Proximity to industry hubs is moderate; while Fargo is a regional center, it's not a major national hub for all industries. However, its growing tech sector and established healthcare infrastructure offer relevant career pathways. Quality of life in Fargo is generally considered good, with a friendly atmosphere, access to outdoor recreation, and a developing cultural scene. Weather is a significant factor, with harsh winters being characteristic of the Upper Midwest. Safety is typically rated well in Fargo compared to national averages. The geographic location directly influences career opportunities by concentrating demand in specific sectors like healthcare and agribusiness, and by fostering a local talent pool that often stays within the region due to the cost of living and established community ties. Graduates seeking opportunities outside North Dakota might find the transition more challenging without a broader network or specialized skills in high-demand national industries.

How to Get Into Rasmussen University-North Dakota

Gaining admission to Rasmussen University-North Dakota is generally less about highly competitive selectivity and more about meeting program prerequisites and demonstrating a commitment to career education. Since there's no published GPA or test score range (SAT/ACT are N/A), the admissions process likely focuses on a holistic review of your application, emphasizing your motivation and suitability for the chosen program. Prospective students should highlight their career aspirations and any relevant experiences in their application essays or interviews. Focus on essays that articulate why you've chosen Rasmussen and your specific program, perhaps detailing how it aligns with your long-term goals or overcoming challenges to pursue education. Demonstrated interest is important; actively engaging with the admissions team, attending virtual or in-person information sessions, and asking thoughtful questions shows you are serious about attending. The timeline is generally flexible, with rolling admissions common for many programs. However, it's advisable to apply at least 3-6 months before your intended start date to allow ample time for financial aid processing and enrollment steps. For Rasmussen, the key is to present yourself as a motivated, career-focused individual ready to succeed in their structured academic environment.

How Rasmussen University-North Dakota Compares to Similar Schools

Similar schools: University of North Dakota, North Dakota State University, Minnesota State University Moorhead

Advantages

Disadvantages

Best For

Avoid If

Frequently Asked Questions about Rasmussen University-North Dakota

Is Rasmussen University-North Dakota a good investment?

Based on the provided data, Rasmussen University-North Dakota has a negative ROI score (-30), indicating that the median earnings after graduation may not sufficiently cover the median debt incurred. This suggests it may not be a strong financial investment for many students.

What is the graduation rate at Rasmussen University-North Dakota?

The graduation rate at Rasmussen University-North Dakota is 45.5%.

How does the debt compare to earnings at Rasmussen University-North Dakota?

The median debt at graduation is $20,899, while the median earnings 10 years after entry are $39,080. This results in a negative ROI score, suggesting earnings may not adequately compensate for the debt.

What is the ROI score for Rasmussen University-North Dakota?

The ROI score for Rasmussen University-North Dakota is -30.

Is Rasmussen University-North Dakota affordable?

Rasmussen University-North Dakota has an Affordability Score of 75, which is relatively high. However, this should be considered alongside the negative ROI score, as the long-term financial benefits may not justify the cost.

What is the acceptance rate at Rasmussen University-North Dakota and how hard is it to get in?

Rasmussen University-North Dakota's admission rate is not publicly disclosed, which is common for many for-profit institutions. However, for-profit universities generally aim for higher enrollment numbers and may have less selective admission processes compared to traditional public or private non-profit universities. Prospective students are typically required to have a high school diploma or GED, and may need to meet specific program prerequisites. It's advisable to contact the admissions office directly for the most accurate information on application requirements, deadlines, and any specific academic benchmarks they look for. While not typically considered 'hard' to get into in terms of stringent academic cutoffs, meeting all application requirements and demonstrating a clear intent to succeed in their chosen program are crucial steps for admission.

Is Rasmussen University-North Dakota worth the money?

Based on available data, Rasmussen University-North Dakota presents a questionable value proposition. The median 10-year earnings of $39,080 are significantly lower than the median debt of $20,899. This results in a negative ROI score of -30, suggesting that graduates, on average, do not recoup their investment within a decade. The cost of tuition ($13,957 annually) combined with living expenses and the incurred debt, creates a substantial financial burden that is not adequately offset by post-graduation earnings. While the university offers career-focused programs, the long-term financial outcomes indicate that it may be an overpriced option. Students should carefully consider program-specific job placement rates and average starting salaries before enrolling, and compare these figures against the total cost and potential debt accumulation. Exploring public university alternatives or community colleges might offer a more financially sound educational path.

What are the best majors at Rasmussen University-North Dakota?

Specific data on the 'best' majors at Rasmussen University-North Dakota, defined by highest earning potential or job placement rates, is not readily available. However, for-profit institutions like Rasmussen often focus on career-oriented programs in high-demand fields. Based on typical offerings and regional needs in Fargo, programs in allied health, such as nursing, medical assisting, or radiologic technology, are often strong areas. Business administration and information technology programs may also be popular. To determine the 'best' major for an individual, prospective students should research program curricula, faculty expertise, and, most importantly, investigate the specific job placement rates and average starting salaries for graduates of each program at Rasmussen University-North Dakota. Comparing these outcomes against industry averages and the cost of the program is essential for making an informed decision.

What is student life like at Rasmussen University-North Dakota?

Rasmussen University-North Dakota, with a small student population of around 52, likely offers a more focused and less traditional campus experience compared to larger universities. Student life may be centered around academic pursuits and career development rather than extensive extracurricular activities, clubs, or social events. As a for-profit institution, the emphasis is typically on program completion and job readiness. The Fargo location provides access to city amenities, but the campus itself might not have extensive on-campus housing or recreational facilities. Students seeking a vibrant social scene or a wide array of student organizations might find the offerings limited. Engagement often revolves around classroom interactions, study groups, and potentially career services events. It's advisable for prospective students to inquire directly about any available student support services, academic clubs, or opportunities for community involvement in Fargo to gauge the overall student experience.

How much financial aid does Rasmussen University-North Dakota give?

Rasmussen University-North Dakota, like most for-profit institutions, relies heavily on federal financial aid, including Pell Grants and federal student loans, to help students finance their education. Information on the average financial aid package or the percentage of students receiving aid is not consistently published in easily accessible formats. However, given the tuition cost of $13,957 per year and the median debt of $20,899, it's evident that a significant portion of students utilize loans to cover expenses. Prospective students should complete the Free Application for Federal Student Aid (FAFSA) to determine their eligibility for federal aid. It is crucial to contact the Rasmussen University-North Dakota financial aid office directly to obtain detailed information on available scholarships, grants, payment plans, and the total estimated cost of attendance, including any institutional aid offered. Understanding the full financial picture, including loan repayment obligations, is paramount.

What salary can I expect after graduating from Rasmussen University-North Dakota?

The median earnings for graduates of Rasmussen University-North Dakota after 10 years are reported at $39,080. This figure represents a broad average across all programs and should be interpreted with caution. Actual salaries can vary significantly based on the specific major, program completion, geographic location of employment, and individual career progression. For instance, graduates from allied health programs like nursing might expect higher starting salaries than those in administrative support roles. However, this median earning is relatively low, especially when compared to the median debt of $20,899. It is essential for prospective students to research program-specific salary data, if available, and to investigate average starting salaries for entry-level positions in their chosen field within the Fargo-Moorhead region or other target employment areas. This will provide a more realistic expectation of post-graduation income potential.

What are the dorms like at Rasmussen University-North Dakota?

Rasmussen University-North Dakota, with its small student population and focus on career education, may not offer traditional on-campus dormitory housing. Many for-profit institutions, particularly those with a commuter or online focus, do not provide residential facilities. Students often live off-campus in apartments or with family in the Fargo area. If residential options are available, they are likely to be limited and may be integrated into the surrounding community rather than a dedicated campus dormitory complex. Prospective students should contact the university's student services or admissions department directly to inquire about any available housing options, including whether they partner with local apartment complexes or offer any on-campus living arrangements. It's important to clarify the nature, cost, and availability of any housing provided.

Is Rasmussen University-North Dakota a good school for research?

Rasmussen University-North Dakota is primarily an institution focused on career-oriented education and vocational training, rather than extensive academic research. As a for-profit university with a small student body, it is unlikely to have robust research facilities, dedicated research centers, or a strong emphasis on faculty-led student research opportunities typical of larger research universities. The curriculum is generally designed to prepare students for immediate entry into the workforce. While students may engage in project-based learning or case studies relevant to their field, formal research opportunities, such as assisting professors with grant-funded projects or presenting at academic conferences, are likely limited. Prospective students interested in a strong research component in their education should explore institutions with a dedicated research mission.

How does Rasmussen University-North Dakota compare to similar schools?

Rasmussen University-North Dakota, as a private for-profit institution in Fargo, ND, can be compared to other for-profit colleges and universities offering similar career-focused programs, as well as potentially some regional public community colleges or technical schools. Its peers might include other campuses within the Rasmussen University system or similar for-profit chains. Compared to public universities like the University of North Dakota or North Dakota State University, Rasmussen-ND generally has a smaller student body, a different funding model (for-profit vs. state-funded), and often a more specialized program focus. Public institutions typically have lower tuition rates for in-state students, higher graduation rates, and larger alumni networks. However, Rasmussen-ND might offer more accelerated programs or specific vocational training that aligns directly with immediate job market needs in certain sectors like healthcare. The key differentiator is often the cost-benefit analysis: Rasmussen-ND's median earnings and ROI are significantly lower than what might be expected from graduates of public institutions, making it a less financially advantageous choice on average.

What do employers think of a degree from Rasmussen University-North Dakota?

Employer perception of degrees from Rasmussen University-North Dakota can vary. As a for-profit institution, some employers may view its graduates as having received practical, job-specific training, particularly in fields like healthcare where Rasmussen often has strong program offerings. Local employers in the Fargo area, especially those in healthcare sectors like Sanford Health or Essentia Health, may be familiar with Rasmussen graduates and value their skills. However, the perception can also be influenced by the institution's for-profit status, which sometimes carries a stigma compared to degrees from traditional non-profit or public universities. The lower graduation rate (45.5%) and the relatively low median earnings ($39,080) might also raise questions for some employers about the overall rigor and long-term outcomes of the education provided. The brand value is likely strongest within North Dakota and for specific, in-demand vocational roles rather than for broader career advancement or entry into highly competitive national job markets.

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AI-generated analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.