Minnesota State
Community and Technical College
Public Community College in Fergus Falls, MN. Six-year graduation rate 47%. Median 10-year earnings $45,591.
The median ten-year earnings figure of $45,591 sits near the national middle rather than at either extreme. The six-year graduation rate is 47%, meaning about one in two students who start do not finish. Borrowing stays contained, with median debt at graduation of $12,000.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ Debt-to-income ratio 0.26 — healthy (below the 0.40 threshold)
- ✓ 3-year loan default 0.0% — below national benchmark
Academics
47% graduate within six years — average, but that average still hides a large group who do not. Retention of 69% means a meaningful slice of each entering class does not return. Retention and graduation track closely, so most of the attrition shows up in the first year rather than after it. With 47% transferring out, this functions substantially as a stepping stone. The part-time picture is harder: 50% return, against 69% full-time.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 2,875 degree- or certificate-seeking undergraduates
Students pay an average of $11,802 annually, well below typical undergraduate net price. The gap between the $0–30k and $110k+ bands is narrow ($9,111 versus $16,081), meaning aid is not strongly need-weighted. About 63% get grants averaging $5,138, so plan on the possibility of paying closer to full price. Federal borrowing reaches 43% 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 · 563 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 | $9,111 |
| $30–48k | $9,741 |
| $48–75k | $11,208 |
| $75–110k | $14,279 |
| $110k+ | $16,081 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 1,250 of these 2,875 students, totalling $7,447,452 — an average of $5,958 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Otter Tail 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)