Rasmussen University-Illinois
Rockford, IL — Private For-Profit
Value Score: 20/100
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
Rasmussen University-Illinois shows low ROI with a concerning graduation rate.
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, a small private for-profit institution in Rockford, IL, presents a mixed picture. Academically, the reported graduation rate of 41.2% is a concern, suggesting challenges for a significant portion of the student body in completing their programs. While the median earnings 10 years after entry are $39,080, this figure needs to be considered alongside the median debt of $20,899. The ROI score of -31 indicates that, on average, graduates do not recoup their investment in terms of increased earnings compared to their debt burden. The student experience is shaped by its small size and a student body that is predominantly Black (54.4%).
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
With a median debt of $20,899 and median 10-year earnings of $39,080, the ROI score of -31 suggests that graduates of Rasmussen University-Illinois may struggle to see a significant financial return on their educational investment.
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
- Diverse student body
- Affordability score of 75
Weaknesses
- Low graduation rate (41.2%)
- Negative ROI score (-31)
- Lack of admission selectivity data
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
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 a diverse campus environment
- Students prioritizing affordability over long-term financial return
Avoid If
- You are seeking a strong academic return on investment
- You require a high graduation rate
- You are looking for a traditional college experience
Frequently Asked Questions about Rasmussen University-Illinois
Is Rasmussen University-Illinois a good investment given its ROI?
Based on the provided ROI score of -31, Rasmussen University-Illinois may not be a financially sound investment, as graduates' earnings do not appear to significantly outweigh their debt.
What is the graduation rate at Rasmussen University-Illinois?
The graduation rate at Rasmussen University-Illinois is 41.2%.
What is the median debt for graduates of Rasmussen University-Illinois?
The median debt at graduation for students at Rasmussen University-Illinois is $20,899.
What are the median earnings for Rasmussen University-Illinois alumni?
The median earnings 10 years after entry for Rasmussen University-Illinois alumni are $39,080.
Is Rasmussen University-Illinois affordable?
Rasmussen University-Illinois has an affordability score of 75, which is relatively good, but this should be weighed against the negative ROI.
What is the acceptance rate at Rasmussen University-Illinois and how hard is it to get in?
Rasmussen University-Illinois does not publicly disclose a specific acceptance rate, which is common for many for-profit institutions. However, for-profit universities often have more open admission policies compared to traditional four-year colleges, aiming to provide access to a broader range of students, including those who may not meet the stringent criteria of selective institutions. The focus is typically on whether a prospective student can benefit from the programs offered and meet basic academic prerequisites, such as a high school diploma or GED. Admission requirements usually involve submitting transcripts, potentially taking placement tests to assess readiness for college-level coursework, and completing an admissions application. Prospective students are often encouraged to speak with an admissions advisor who can guide them through the process and explain program-specific prerequisites. While not highly selective, demonstrating a commitment to completing the chosen program and meeting any program-specific requirements, such as prerequisite courses for nursing, is key to gaining admission.
Is Rasmussen University-Illinois worth the money?
Evaluating whether Rasmussen University-Illinois is worth the money requires a close look at its financial metrics. The annual tuition is $14,078, leading to a median debt of $20,899 for graduates. However, the median earnings after 10 years are reported at a low $39,080. This creates a significant disparity, reflected in the negative ROI score of -31. Essentially, graduates are not earning enough to recoup their educational investment within a reasonable timeframe. The cost of attendance, when compared to the potential earning power, suggests that this institution may be overpriced. While Rasmussen offers career-focused programs, the financial outcomes do not strongly support the investment. Students should carefully consider alternative institutions or programs that offer a better balance between cost and projected earnings, especially in fields where higher earning potential exists.
What are the best majors at Rasmussen University-Illinois?
Rasmussen University-Illinois excels in offering programs geared towards immediate career entry, particularly in the healthcare sector. The Bachelor of Science in Nursing (BSN) program is a flagship offering, preparing students for registered nursing roles. Given the consistent demand for nurses, this program often leads to direct employment opportunities within regional healthcare systems like OSF HealthCare and Mercyhealth. Other strong majors include Medical Assisting, Health Information Technology, and Business Management. The Business programs are designed to equip students with practical skills for roles in administration, management, and operations within various industries. For individuals seeking a career with strong local demand and a clear vocational path, nursing and allied health programs are generally considered the most advantageous at Rasmussen University-Illinois. Prospective students should research specific program accreditation, curriculum relevance, and local job market demand for their chosen field.
What is student life like at Rasmussen University-Illinois?
Student life at Rasmussen University-Illinois, particularly at the Rockford campus, is primarily focused on academic pursuits and career preparation, reflecting its nature as a career-focused institution. As a smaller campus, the social scene is likely more intimate than at a large university. The student body often comprises a mix of traditional-aged students and working adults seeking to advance their careers, which can create a diverse but focused learning environment. Extracurricular activities and campus-wide social events may be less prominent compared to traditional universities. The emphasis is on providing a supportive academic atmosphere and connecting students with resources that aid in their professional development. Students seeking a vibrant campus culture with extensive clubs, sports, and social gatherings might find Rasmussen University-Illinois to be a quieter environment. However, the campus likely offers student support services, study groups, and opportunities for networking with peers and faculty who share similar career aspirations.
How much financial aid does Rasmussen University-Illinois give?
Rasmussen University-Illinois provides various forms of financial aid to help students finance their education. This includes federal grants, federal loans, and institutional scholarships. The primary source of aid for most students will be federal financial aid, such as Pell Grants (for students with exceptional financial need) and federal student loans (Direct Subsidized and Unsubsidized Loans). Many students also utilize the Federal PLUS Loan program for parents or graduate students. Rasmussen University also offers its own scholarships and grants, though specific amounts and eligibility criteria can vary. It is crucial for prospective students to complete the Free Application for Federal Student Aid (FAFSA) to determine their eligibility for federal aid. The university's financial aid office works with students to create personalized financial aid packages, which may include a combination of grants, scholarships, and loans. Given the tuition cost, financial aid is essential for most students to afford their education, and understanding the total aid package, including the loan component, is vital for managing future debt.
What salary can I expect after graduating from Rasmussen University-Illinois?
The salary expectations after graduating from Rasmussen University-Illinois are modest, particularly when compared to the cost of education. The university reports a median earnings figure of $39,080 after 10 years. This figure represents the average earnings across all programs and graduates. Earnings can vary significantly by major. For instance, graduates from the nursing program, a core offering, may expect higher starting salaries and greater earning potential over time due to the consistent demand for registered nurses. Entry-level nursing positions might start in the $50,000-$60,000 range in the Rockford area, with potential to increase with experience and specialization. Graduates from business or allied health programs might see lower starting salaries, potentially in the $30,000-$45,000 range, depending on the specific role and employer. It is important for prospective students to research the specific earning potential for their intended major within the local job market and compare it against the program's cost and duration.
What are the dorms like at Rasmussen University-Illinois?
Rasmussen University-Illinois, particularly its Rockford campus, does not operate traditional on-campus dormitories or student housing. As a primarily commuter and online-focused institution, the university does not provide residential facilities for its students. This is a common characteristic of many for-profit universities and specialized institutions that prioritize flexible learning options for working adults or students living in the surrounding community. Students attending Rasmussen University-Illinois are responsible for arranging their own housing in the Rockford area. This means students would need to find off-campus apartments, shared housing, or continue living at home. The absence of on-campus housing means that the traditional college experience of living in a dormitory, participating in hall activities, and having immediate access to campus facilities is not a feature of attending Rasmussen University-Illinois.
Is Rasmussen University-Illinois a good school for research?
Rasmussen University-Illinois is not primarily designed as a research-intensive institution. Its focus is on providing career-focused education and preparing students for direct entry into the workforce, particularly in fields like nursing and allied health. While students in healthcare programs will engage in clinical research through their coursework and practicums, and may participate in evidence-based practice projects, the university does not typically offer extensive opportunities for independent undergraduate research or advanced scholarly inquiry in the way that traditional research universities do. Faculty research is also not a central component of the university's mission. Therefore, students seeking a robust research environment, opportunities to publish scholarly work, or pathways to graduate research programs may find Rasmussen University-Illinois to be less suitable. The emphasis is on applied learning and skill development for immediate employment rather than academic research.
How does Rasmussen University-Illinois compare to similar schools?
Rasmussen University-Illinois, a for-profit institution in Rockford, IL, can be compared to other for-profit universities and some community colleges or smaller private non-profit colleges offering similar career-oriented programs, especially in healthcare. Peers like Chamberlain University (also for-profit, strong in nursing), DeVry University (for-profit, broader tech/business focus), and potentially local community colleges or regional non-profits like Lewis University or Aurora University (offering nursing and business) are relevant comparisons. Rasmussen's advantages often lie in its specific program focus (e.g., nursing), potentially flexible scheduling, and a direct pathway to employment in its core fields. However, it often faces disadvantages in terms of median graduate earnings, graduation rates, and overall institutional reputation compared to established non-profit universities. For-profit schools like Rasmussen may offer quicker program completion and more direct career services, but often at the cost of lower long-term earning potential and higher debt burdens relative to outcomes.
What do employers think of a degree from Rasmussen University-Illinois?
Employer perception of a degree from Rasmussen University-Illinois can vary, but it is generally viewed as a career-focused credential rather than a degree from a highly selective academic institution. Employers in the healthcare sector, particularly regional hospitals and clinics in the Rockford area such as OSF HealthCare and Mercyhealth, are often familiar with Rasmussen's nursing and allied health graduates. They tend to value the practical skills and clinical experience these graduates bring, as the curriculum is designed to meet industry standards. For business or other programs, employer perception might be more dependent on the specific role and the individual graduate's performance. While Rasmussen graduates are often seen as job-ready, employers might perceive degrees from larger, more established non-profit universities as carrying more weight or prestige, especially for roles requiring advanced analytical skills or leadership potential. The for-profit nature of the university can sometimes lead to scrutiny regarding the depth of academic rigor, though this is often mitigated by strong program accreditation and positive graduate performance.
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AI-generated analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.