Rasmussen University-North Dakota
For-profit Community College in Fargo, ND. Six-year graduation rate 31%. Median 10-year earnings $39,080.
Ten-year median earnings of $39,080 are on the low side, which raises the bar for what this degree needs to cost. Only 31% finish within six years, so roughly two in three students leave without the credential they enrolled for. Median debt at graduation is $20,899, roughly typical for an undergraduate degree.
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 31% — below national average
Academics
Completion is the problem here: 31% graduate within six years. At 4:1, students get materially more instructor contact than at a typical public university. As a for-profit four-year institution, outcomes here deserve a harder look than the sector average suggests: for-profit institutions vary enormously, and the sector's aggregate numbers hide both strong and very weak performers. This is a small school — 47 undergraduates — so cohorts are tight and the program list is necessarily short.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 47 degree- or certificate-seeking undergraduates
Net price is not reported for this institution, which means there is no single what-you-pay number to compare — the aid participation rates below are the closest available proxy. Most students get help: 85% receive grants worth $5,857 on average. Most students borrow — 68% take federal loans to cover the gap.
Federal student loans went to 32 of these 47 students, totalling $307,207 — an average of $9,600 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Cass 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)