Minneapolis Community
and Technical College
Public Community College in Minneapolis, MN. Six-year graduation rate 20%. Median 10-year earnings $40,086.
Median earnings ten years after entry come to $40,086, below what most undergraduate institutions return — the central fact to weigh against cost here. The six-year graduation rate is 20% — low enough that finishing cannot be treated as the default outcome. Graduates carry a median of $17,954 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
- ! Graduation rate 20% — below national average
Academics
Completion is the problem here: 20% graduate within six years. 56% first-year retention is low enough to be the defining risk of enrolling here. The distance between those two figures is the part worth noticing — students return for a second year at a much higher rate than they graduate, so attrition here is spread across the middle years rather than concentrated in the first. Transfer-out runs to 30% — common enough at this school that the completion rate is measuring a smaller group than the entering class. Retention drops to 43% for part-time students, a gap worth weighing if full-time study is not realistic.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 4,816 degree- or certificate-seeking undergraduates
Students pay an average of $13,623 annually, well below typical undergraduate net price. Net price varies modestly by income — $13,019 at $0–30k against $19,137 at $110k+ — so the average is a fair guide for most families. 66% of students receive grant aid, averaging $4,759 — common but not automatic. Federal borrowing reaches 26% of students.
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 · 535 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 | $13,019 |
| $30–48k | $12,987 |
| $48–75k | $13,617 |
| $75–110k | $17,005 |
| $110k+ | $19,137 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 1,239 of these 4,816 students, totalling $9,469,693 — an average of $7,643 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)