Rasmussen University-Illinois
Rockford, IL 61108-2513 — Private For-Profit
Value Score: 55/100 | ROI Score: -31 | Affordability Score: 75/100
Tuition (In-State): $14,078 | Out-of-State: $14,078
Graduation Rate: 41.2%
Median Earnings (10yr): $39,080 | Median Debt: $20,899
Student Body Size: 1,145 (small)
Pell Grant Recipients: 61.9% | Federal Loan Rate: 78.1%
Average Faculty Salary: $6,749/month
Tuition & Affordability Analysis
In-state tuition at Rasmussen University-Illinois is $14,078 per year, which is 64% below the national average for private institutions.
Out-of-state students pay $14,078/year — a premium of $0 over in-state rates. Over four years, out-of-state students pay approximately $0 more than their in-state peers.
Estimated four-year tuition cost: $56,312 (tuition only, not including room, board, and fees).
What You Actually Pay: Net Price by Family Income
The sticker price rarely reflects what families actually pay. After grants and scholarships, here is the average net price by family income bracket at Rasmussen University-Illinois:
- Families earning $0–$30,000: $19,000/year
- Families earning $30,001–$48,000: $21,396/year
- Families earning $75,001–$110,000: $24,604/year
- Families earning $110,000+: $17,655/year
Graduate Outcomes & Return on Investment
41.2% of students at Rasmussen University-Illinois complete their degree, 33% below the national average. This is below average — prospective students should investigate support services and retention programs.
Graduates of Rasmussen University-Illinois earn a median salary of $39,080 ten years after enrollment, 4% below the national average. This represents a $4,080/year earnings premium over the average high school diploma holder, or $122,400 in additional lifetime earnings over a 30-year career.
The median student debt at graduation is $20,899, near the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $227/month, with a total repayment of $27,240 (including $6,341 in interest).
Debt-to-Earnings Ratio: 0.53x. This is a healthy ratio, suggesting debt is manageable for most graduates.
Breakeven Point: Based on the earnings premium over high school graduates, a degree from Rasmussen University-Illinois pays for itself in approximately 14 years. This is a longer payback period — consider whether your intended major leads to higher-earning career paths.
Financial Aid Profile
61.9% of students at Rasmussen University-Illinois receive Pell Grants (federal need-based aid for families earning under ~$60,000), 88% above the national average. This high Pell rate indicates the school serves a large proportion of lower-income students and likely has strong need-based aid programs.
78.1% of students take federal loans, 66% above the national average. This high borrowing rate means most students need loans to attend. Factor loan payments into your decision carefully.
Average faculty salary: $6,749/month, 23% below the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.
Student Body & Campus Diversity
Rasmussen University-Illinois enrolls 1,145 undergraduate students. This mid-sized institution offers a balance between personalized attention and diverse academic offerings.
Diversity Index: 66/100 (higher = more diverse). The campus has moderate diversity.
Student body composition: White 14%, Hispanic 14%, Black 54%, Asian 4%.
Rasmussen University-Illinois: Small Private For-Profit Institution with Mixed Academic and Financial Outcomes
- Rasmussen University-Illinois: A Costly Path with Modest Returns
- Navigating Your Career After Rasmussen: Understanding Graduate Outcomes
- Is Rockford the Right Launchpad? Evaluating Rasmussen University's Regional Impact
Report Card: Overall Grade C-
Rasmussen University-Illinois receives an overall grade of C- based on six dimensions:
- Academics: D
- Value: F
- Outcomes: C
- Affordability: A+
College Analysis
Rasmussen University-Illinois is a Private For-Profit institution in Rockford, IL with approximately 1,145 students. Academics: Rasmussen University-Illinois has a graduation rate of 41.24%, slightly below the national average for private for-profit institutions. Value: The median debt of $20,899 is relatively high compared to tuition costs, indicating potential financial strain on students. Outcomes: Median earnings 10 years after graduation are $39,080, which is below the national average for similar institutions.
The Verdict: Is Rasmussen University-Illinois Worth It?
Rasmussen University-Illinois presents a challenging value proposition. With an in-state and out-of-state tuition of $14,078 per year, and a median debt of $20,899, students are incurring a significant financial commitment. The median earnings after 10 years stand at $39,080, which is considerably lower than the cost of education and the accumulated debt. This results in a negative ROI score of -31, indicating that, on average, graduates are earning less than what it costs to attend the university over a decade. The debt payoff timeline, based on these figures, would likely extend well beyond a few years, potentially impacting financial stability. While the university offers career-focused programs, the reported earnings suggest that the return on investment is not strong compared to the financial outlay. It is not a good deal, and students should carefully weigh the potential career outcomes against the cost and debt incurred. A degree from Rasmussen University-Illinois appears to be overpriced given the median earnings.
Return on Investment
The degree from Rasmussen University-Illinois may not be worth the cost given the high median debt and lower earnings potential.
Debt Reality Check
Median student debt at Rasmussen University-Illinois: $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
- Online and on-campus program options.
- Located in Rockford, Illinois, providing local support.
Weaknesses
- Higher median debt compared to tuition costs.
- Lower graduation rates and median earnings.
Academic Profile
Rasmussen University-Illinois in Rockford is distinguished by its career-focused programs designed to equip students with in-demand skills for the job market. While specific departmental strengths can vary, the university generally excels in areas aligned with vocational and professional training. Programs often include fields such as Health Sciences, Business, and Technology, with specific degrees like the Bachelor of Science in Nursing (BSN), Associate's degrees in various healthcare fields, and programs in business administration and information technology being popular choices. These programs are typically structured with a strong emphasis on practical application, often incorporating hands-on learning experiences and clinical rotations where applicable, particularly in the health sciences. Faculty quality is a key component, and while specific faculty salaries are not publicly detailed, the university emphasizes hiring instructors with significant industry experience, bringing a wealth of real-world knowledge and practical insights into the classroom. Student-faculty ratios are generally managed to allow for personalized attention, though exact figures are not readily available. Rasmussen University does not typically offer extensive research opportunities in the traditional academic sense; the focus is more on applied learning and skill acquisition. Honors programs are not a prominent feature, as the curriculum is designed for broad accessibility and career readiness. Study abroad opportunities are also not a typical offering, given the university's mission and the nature of its programs. Academic support resources are available, including tutoring services and academic advising, aimed at helping students navigate their coursework and succeed in their chosen fields. The emphasis is on providing the necessary tools and guidance for students to achieve their educational and career objectives efficiently.
Financial Aid Guide for Rasmussen University-Illinois
Pell Grant recipients: 61.9%. Students taking federal loans: 78.1%.
Navigating financial aid at Rasmussen University-Illinois is a crucial step for most students, given the tuition costs. As a for-profit institution, Rasmussen primarily relies on federal financial aid, including Pell Grants for students with demonstrated financial need and federal student loans. Merit-based aid, in the form of scholarships, is less common and typically awarded through specific institutional initiatives or external scholarships that students must actively seek. For students with an annual family income below $30,000, a significant portion of tuition could potentially be covered by Pell Grants and federal loans, though the exact amount varies based on individual circumstances and federal aid formulas. For middle-income families, federal loans will likely form the bulk of financial assistance, potentially supplemented by institutional payment plans. Work-study opportunities may be available, offering part-time employment on or near campus to help cover living expenses, though these positions are often competitive. A typical aid package for a student requiring substantial assistance might include a combination of Pell Grants, federal direct subsidized and unsubsidized loans, and possibly a work-study award. It's important for prospective students to complete the FAFSA (Free Application for Federal Student Aid) as early as possible, ideally by the priority deadline, to maximize their eligibility for all types of aid. While Rasmussen University does not typically engage in extensive financial aid negotiation in the same way some private non-profit institutions might, it is always advisable for students to communicate any extenuating financial circumstances to the financial aid office. They may be able to explore alternative loan options or payment arrangements. Understanding the total cost of attendance, including living expenses, is vital, and the financial aid office can provide personalized estimates based on individual FAFSA results.
Hidden Costs at Rasmussen University-Illinois
- Textbooks and course materials can range from $800 to $1,500 per academic year, depending on the program and specific course requirements.
- Technology fees, often not explicitly listed with tuition, can add approximately $100 to $300 per semester for access to online platforms and software.
- Transportation costs, including gas, vehicle maintenance, or public transit passes, can amount to $100 to $400 per month for students commuting to campus.
- Parking permits, if required for on-campus parking, typically cost between $50 and $150 per semester.
- Background checks and drug screenings, particularly for health sciences programs, can cost $50 to $150 per required test.
- Professional licensure exam fees, required for many allied health and technology fields upon graduation, can range from $200 to $500.
- Student activity fees, though minimal, may be charged per semester, typically around $20 to $50, to support campus resources.
Alumni Outcomes & Career Paths
Rasmussen University-Illinois, located in Rockford, IL, primarily serves students seeking career-focused education in fields like nursing, health sciences, and business. While specific data on major employers actively recruiting from the Rockford campus is limited, graduates in healthcare fields often find employment within the regional healthcare systems. Key employers in the Rockford area that may hire Rasmussen graduates include OSF HealthCare Saint Anthony Medical Center, Mercyhealth Javon Bea Hospital–Riverside, and SwedishAmerican, a division of UW Health. These institutions represent the primary industry cluster for Rasmussen alumni in this region, focusing on nursing, medical assisting, and other allied health professions. Business graduates may find roles in local small to medium-sized businesses or administrative positions within larger organizations. Graduate school placement rates are not prominently published, suggesting that the majority of graduates enter the workforce directly. Notable alumni are not widely publicized, which is common for institutions of this size and focus. Career services at Rasmussen University are generally geared towards practical job placement assistance, resume building, and interview preparation, aiming to connect students with local employment opportunities. Internship pipelines are crucial for Rasmussen's model, particularly in nursing and allied health, where clinical rotations and practicums are integral to the curriculum and often serve as a direct pathway to employment with the affiliated healthcare facilities. Geographic hiring patterns for Rasmussen-Illinois alumni are predominantly concentrated within the Rockford metropolitan area and surrounding Northern Illinois communities, reflecting the institution's regional focus and the practical nature of its programs.
Campus Life & Culture at Rasmussen University-Illinois
The student body at Rasmussen University-Illinois is notably diverse, attracting a significant number of adult learners and career changers alongside recent high school graduates. This mix creates a dynamic learning environment where students bring varied life experiences and professional perspectives into the classroom. Students who thrive here are typically self-motivated, goal-oriented individuals seeking practical education to advance their careers or transition into new fields, often balancing academic pursuits with work and family responsibilities.
Rasmussen University-Illinois in Rockford offers a focused academic environment, and while it doesn't boast a sprawling traditional campus with dorms and extensive student life programming, its culture is centered around career-focused education and practical skill development. As a private for-profit institution, the student experience is geared towards preparing graduates for immediate entry into the workforce. The student body, numbering around 1,145, is diverse in age and background, with many students pursuing degrees to advance their careers or transition into new fields. Social life isn't defined by large-scale campus events or Greek organizations, which are not a feature here. Instead, students often connect through shared academic pursuits, study groups, and professional networking opportunities facilitated by the university. The Rockford area itself offers local attractions, restaurants, and entertainment that students can explore off-campus. Dining options are typically individual choices, with students utilizing local eateries or preparing their own meals, as there are no traditional campus dining halls or meal plans. Housing is also off-campus, with students typically residing in apartments or houses in Rockford and surrounding communities. The 'vibe' is one of serious academic engagement and professional ambition, where students are often balancing studies with work and family responsibilities. The faculty, often comprised of industry professionals, bring real-world experience into the classroom, fostering a practical and results-oriented learning atmosphere. While not a traditional college experience, Rasmussen University-Illinois provides a supportive environment for motivated individuals seeking to achieve specific career goals.
Campus Highlights
- Career-focused curriculum designed for immediate job market entry.
- Faculty comprised of industry professionals bringing real-world experience.
- Flexible scheduling options, including online and evening classes, to accommodate working students.
- Strong emphasis on practical, hands-on learning and skill development.
- Supportive academic advising and career services to aid student success.
- Location in Rockford provides access to local amenities and potential internship sites.
- Diverse student body with a wide range of ages and professional backgrounds.
Location & Regional Advantages
Rasmussen University-Illinois's location in Rockford, IL, offers a mixed bag of geographic advantages for its students. Rockford is a mid-sized city with a significant healthcare sector, providing a local job market for graduates, particularly in nursing and allied health fields. Major employers like OSF HealthCare and Mercyhealth are anchors in the local economy, offering potential employment opportunities. The cost of living in Rockford is generally lower than in major metropolitan hubs like Chicago, making it more affordable for students to manage expenses during and after their studies. However, Rockford is not a major industry hub for sectors beyond healthcare and manufacturing, which could limit career diversity for graduates in fields like technology or finance. Proximity to Chicago, about a 90-minute drive, offers access to a larger job market and more diverse industries, but this requires relocation. Quality of life in Rockford is characterized by a more relaxed pace compared to larger cities, with access to parks and recreational areas. Weather is typical of the Midwest, with distinct seasons including cold winters. Safety can be a concern in certain areas of Rockford, as with many mid-sized cities. The primary career advantage of this location lies in its established healthcare infrastructure, which aligns well with Rasmussen's core program offerings. For students seeking opportunities outside of healthcare or in more dynamic economic environments, the Rockford location may present limitations, necessitating a broader job search or relocation post-graduation.
How to Get Into Rasmussen University-Illinois
Gaining admission to Rasmussen University-Illinois in Rockford is generally a straightforward process, as the institution prioritizes accessibility and career readiness over highly selective admissions. The university typically operates on a rolling admissions basis, meaning applications are reviewed and decisions are made continuously throughout the year. This allows for flexibility in application timelines, though applying well in advance of the desired start date is always recommended to ensure ample time for financial aid processing and course registration. Rasmussen University does not utilize Early Decision (ED) or Early Action (EA) plans, as these are typically associated with more competitive institutions. The admissions office primarily evaluates applicants based on their high school diploma or GED, and for some programs, specific prerequisite coursework or a minimum GPA may be considered. Standardized test scores like the SAT or ACT are generally not required for admission, aligning with the university's focus on practical skills and career outcomes rather than traditional academic metrics. The admissions essay, if required, should focus on the applicant's career aspirations, motivations for choosing Rasmussen, and how their background has prepared them for focused study. Demonstrated interest is usually not a significant factor in the admissions decision; the emphasis is more on the applicant's commitment to completing their chosen program. The timeline recommendation is to begin the application process at least 3-6 months before the intended enrollment term to allow for thorough financial aid application and any necessary prerequisite steps.
How Rasmussen University-Illinois Compares to Similar Schools
Similar schools: DeVry University-Illinois, Chamberlain University-Illinois, Lewis University, Aurora University
Advantages
- Strong focus on nursing and healthcare programs, aligning with regional demand.
- Potentially more flexible scheduling and online options catering to non-traditional students.
- Lower cost of living in Rockford compared to larger metropolitan areas where some peers are located.
Disadvantages
- Significantly lower median earnings compared to many traditional universities.
- Lower graduation rate suggests potential challenges with student retention and success.
- For-profit status can sometimes lead to a perception of lower academic rigor compared to non-profit institutions.
Best For
- Students seeking high earning potential and low debt should consider alternatives.
- Students interested in online learning and flexible schedules may find Rasmussen University-Illinois suitable.
Avoid If
- Students looking for a more affordable option with better financial outcomes should explore other institutions.
- Students in need of high-earning career paths may want to consider institutions with higher median earnings.
Frequently Asked Questions about Rasmussen University-Illinois
How much does it cost to attend Rasmussen University-Illinois?
In-state tuition at Rasmussen University-Illinois is $14,078 per year, and out-of-state tuition is $14,078 per year. The median student debt at graduation is $20,899.
What is the graduation rate at Rasmussen University-Illinois?
Rasmussen University-Illinois has a graduation rate of 41.2%.
How much do Rasmussen University-Illinois graduates earn?
The median earnings for Rasmussen University-Illinois graduates 10 years after enrollment is $39,080. With median debt of $20,899, graduates earn roughly 1.9x their debt level annually.
How big is Rasmussen University-Illinois?
Rasmussen University-Illinois has approximately 1,145 students and is classified as a small institution. It is located in Rockford, IL and is a Private For-Profit institution.
Is Rasmussen University-Illinois worth the cost?
Rasmussen University-Illinois has an ROI score of -31 out of 100. With in-state tuition of $14,078 per year and median post-graduation earnings of $39,080, the data suggests the return on investment may be below average.
Where is Rasmussen University-Illinois located?
Rasmussen University-Illinois is located in Rockford, IL. It is a Private For-Profit institution with approximately 1,145 students.
How much student debt do Rasmussen University-Illinois graduates have?
The median student debt for Rasmussen University-Illinois graduates is $20,899. With median earnings of $39,080 ten years after enrollment, graduates can expect a debt-to-income ratio of 53%.
Is Rasmussen University-Illinois a good college?
Rasmussen University-Illinois has a graduation rate of 41.2% and median post-graduation earnings of $39,080. High tuition and median debt despite moderate graduation rates.
How does Rasmussen University-Illinois compare to similar colleges?
Graduates earn below average salaries compared to peers. Compared to peer institutions, Rasmussen University-Illinois has lower graduation rates and median earnings, but higher tuition and median debt.
What career prospects do Rasmussen University-Illinois graduates have?
Graduates of Rasmussen University-Illinois may find career opportunities limited due to lower earnings and higher debt.
What should prospective students know about Rasmussen University-Illinois?
Rasmussen University-Illinois is positioned in a competitive market for private for-profit institutions, offering a mix of online and on-campus programs.
What makes Rasmussen University-Illinois stand out?
African American students make up the largest demographic, at 54.41%.
What are the pros and cons of attending Rasmussen University-Illinois?
The institution is located in Rockford, Illinois, which may limit job opportunities.
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View on College Scorecard (Dept. of Education)
Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.