Rasmussen University-North Dakota
Fargo, ND 58103-7196 — Private For-Profit
Value Score: 55/100 | ROI Score: -30 | Affordability Score: 75/100
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 (small)
Pell Grant Recipients: 38.3% | Federal Loan Rate: 68.1%
Average Faculty Salary: $7,055/month
Tuition & Affordability Analysis
In-state tuition at Rasmussen University-North Dakota is $13,957 per year, which is 65% below the national average for private institutions.
Out-of-state students pay $13,957/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: $55,828 (tuition only, not including room, board, and fees).
Graduate Outcomes & Return on Investment
45.5% of students at Rasmussen University-North Dakota complete their degree, 27% below the national average. This is below average — prospective students should investigate support services and retention programs.
Graduates of Rasmussen University-North Dakota 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-North Dakota 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
38.3% of students at Rasmussen University-North Dakota receive Pell Grants (federal need-based aid for families earning under ~$60,000), 16% above the national average. This is near the national average, reflecting a typical economic diversity among the student body.
68.1% of students take federal loans, 45% 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: $7,055/month, 19% 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-North Dakota enrolls 52 undergraduate students. As a small institution, students can expect smaller class sizes, closer faculty relationships, and a tight-knit campus community.
Diversity Index: 65/100 (higher = more diverse). The campus has moderate diversity.
Student body composition: White 46%, Hispanic 2%, Black 37%, Asian 8%.
Rasmussen University-North Dakota: A Small Private Institution with Career-Focused Programs
- Rasmussen University-North Dakota: A Costly Gamble with Uncertain Career Returns
- Weighing the Value: Can Rasmussen University-North Dakota Deliver on its Promises?
- Fargo's For-Profit Option: Exploring Rasmussen University's Post-Graduation Landscape
Report Card: Overall Grade C-
Rasmussen University-North Dakota receives an overall grade of C- based on six dimensions:
- Academics: D
- Value: F
- Outcomes: C
- Affordability: A+
College Analysis
Rasmussen University-North Dakota is a Private For-Profit institution in Fargo, ND with approximately 52 students. Academics: Rasmussen University-North Dakota offers a small, private for-profit institution with a focus on career-oriented programs. Value: The university has a moderate affordability score, but graduates face significant debt and lower median earnings compared to peers. Outcomes: Graduates have a graduation rate of 45.45% and median earnings of $39,080 after 10 years, which is below average.
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
The degree from Rasmussen University-North Dakota may not be worth the cost given the significant student debt and lower median earnings after 10 years.
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
- Career-focused programs
- Moderate affordability score
Weaknesses
- Significant student debt
- Lower median earnings after 10 years
- Below average graduation rate
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
Pell Grant recipients: 38.3%. Students taking federal loans: 68.1%.
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
- Textbooks and course materials can range from $800 to $1,500 per academic year, depending on the program's specific requirements.
- Technology fees, often not explicitly listed, can add $100 to $300 per semester for access to online platforms and software.
- Transportation costs, including gas, vehicle maintenance, or public transit passes in Fargo, could amount to $100-$300 per month.
- Personal living expenses such as groceries, toiletries, and entertainment can easily add $300-$500 per month.
- Potential program-specific supplies, like nursing kits or specialized equipment, might cost an additional $200-$500 upfront.
- Student activity or technology access fees, sometimes bundled but occasionally separate, could be $50-$150 per semester.
- Health insurance, if not covered under a parent's plan or state programs, can add $2,000-$4,000 annually.
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
- Intimate class sizes fostering personalized faculty attention.
- Strong focus on career-specific programs designed for immediate job market entry.
- Close ties to the Fargo community for internships and local employment.
- Flexible learning options, often including online or hybrid formats.
- Dedicated career services support to aid in job placement.
- A streamlined educational experience focused on practical skills.
- Supportive environment for students seeking a direct path to a profession.
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
- Potentially more focused, career-specific training in certain allied health or technical fields.
- Smaller class sizes may offer more personalized attention for students who thrive in that environment.
- Location in Fargo provides access to a growing regional job market.
Disadvantages
- Significantly lower graduation rate compared to public universities.
- Less established reputation and alumni network compared to larger public institutions.
- Lower median earnings and negative ROI suggest a weaker long-term financial return.
Best For
- Prospective students who are looking for a small, career-focused institution with moderate affordability.
- Students seeking immediate employment after graduation.
Avoid If
- Students who require a high level of financial aid or scholarships may want to explore other options.
- Students with high earning potential goals may need to consider additional education or training.
Frequently Asked Questions about Rasmussen University-North Dakota
How much does it cost to attend Rasmussen University-North Dakota?
In-state tuition at Rasmussen University-North Dakota is $13,957 per year, and out-of-state tuition is $13,957 per year. The median student debt at graduation is $20,899.
What is the graduation rate at Rasmussen University-North Dakota?
Rasmussen University-North Dakota has a graduation rate of 45.5%.
How much do Rasmussen University-North Dakota graduates earn?
The median earnings for Rasmussen University-North Dakota 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-North Dakota?
Rasmussen University-North Dakota has approximately 52 students and is classified as a small institution. It is located in Fargo, ND and is a Private For-Profit institution.
Is Rasmussen University-North Dakota worth the cost?
Rasmussen University-North Dakota has an ROI score of -30 out of 100. With in-state tuition of $13,957 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-North Dakota located?
Rasmussen University-North Dakota is located in Fargo, ND. It is a Private For-Profit institution with approximately 52 students.
How much student debt do Rasmussen University-North Dakota graduates have?
The median student debt for Rasmussen University-North Dakota 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-North Dakota a good college?
Rasmussen University-North Dakota has a graduation rate of 45.5% and median post-graduation earnings of $39,080. The university has a small student body and focuses on career-oriented programs.
How does Rasmussen University-North Dakota compare to similar colleges?
Graduates face significant debt and lower median earnings compared to peers. Compared to peer institutions, Rasmussen University-North Dakota has a lower graduation rate and lower median earnings after 10 years, despite moderate affordability.
What career prospects do Rasmussen University-North Dakota graduates have?
Graduates of Rasmussen University-North Dakota are well-prepared for careers in their chosen fields, but may need to consider additional education or training to improve their long-term earning potential.
What should prospective students know about Rasmussen University-North Dakota?
Rasmussen University-North Dakota is positioned in a competitive market for private for-profit institutions, offering career-focused programs but facing challenges with affordability and student outcomes.
What makes Rasmussen University-North Dakota stand out?
The graduation rate is below the national average for private for-profit institutions.
What are the pros and cons of attending Rasmussen University-North Dakota?
The university has a moderate affordability score, but the ROI is negative.
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Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.