Herzing University-Minneapolis
Private College in St. Louis Park, MN. Six-year graduation rate 36%. Median 10-year earnings $36,909.
Median earnings ten years after entry come to $36,909, below what most undergraduate institutions return — the central fact to weigh against cost here. The six-year graduation rate is 36% — low enough that finishing cannot be treated as the default outcome. Graduates carry a median of $21,500 in debt — in line with the national norm.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ 3-year loan default 0.0% — below national benchmark
Admissions
With an acceptance rate of 94%, Herzing University-Minneapolis takes nearly everyone who applies. The applicant pool is small at 96, which makes year-over-year comparisons unreliable. A 69% yield rate puts this school in the upper range for admits who follow through.
Test score bands (middle 50% of submitters)
These bands describe the enrolled first-years who submitted a score, not the entering class. Where most students apply test-optional the submitters are a self-selected, higher-scoring group.
| Test | 25th–75th percentile | Submitted |
|---|---|---|
| SAT Evidence-Based Reading | — | — |
| SAT Math | — | |
| ACT Composite | — | — |
IPEDS Admissions · 2024
Apply at Herzing University-Minneapolis →Academics
A six-year graduation rate of 36% means finishing is closer to the exception than the rule. First-year retention is 70% — the single largest point of attrition on this campus. Retention runs well ahead of completion, which means students are not leaving immediately; they are leaving somewhere between the second year and the finish line. Unusually, part-time retention (86%) beats full-time, pointing to a student body that is part-time by design. At 15:1, students get materially more instructor contact than at a typical public university.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 747 degree- or certificate-seeking undergraduates
Average net price after grant aid is $16,741 a year — mid-range for a four-year institution. The income table below is the number that matters — $15,304 at $0–30k versus $24,347 at $110k+. 88% of students get grant aid averaging $7,107, so the published price is a poor guide to what most pay. Borrowing is widespread: 79% take federal loans.
Entering first-year students
A different, smaller group than the rates above: full-time students in their first year of college anywhere. The grant series here also excludes the "other sources" counted in the all-undergraduate figure, so the two are not comparable.
IPEDS Student Financial Aid · 2023-24 · 96 students
Net price by family income
The same students as the headline above, limited to those who received Title IV federal aid — a narrower group, with a lower overall average. IPEDS publishes no combined figure across these bands, so they should not be averaged into one.
| Family income band | Average net price |
|---|---|
| $0–30k | $15,304 |
| $30–48k | $15,821 |
| $48–75k | $15,433 |
| $75–110k | $22,492 |
| $110k+ | $24,347 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 591 of these 747 students, totalling $5,275,499 — an average of $8,926 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Hennepin County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026
Veterans & GI Bill
VA GI Bill Comparison Tool (Veterans Affairs GIDS)