Rochester Community
and Technical College
Public Community College in Rochester, MN. Six-year graduation rate 29%. Median 10-year earnings $45,287.
Students who entered Rochester Community and Technical College land at a median of $45,287 a decade later, close to what most four-year schools deliver. Only 29% finish within six years, so roughly three in four students leave without the credential they enrolled for. Borrowing stays contained, with median debt at graduation of $14,743.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ Debt-to-income ratio 0.33 — healthy (below the 0.40 threshold)
- ✓ 3-year loan default 0.0% — below national benchmark
- ! Graduation rate 29% — below national average
Academics
Only 29% finish within six years, so roughly three in four students leave without the credential. Retention is weak: only 58% of full-time first-years return, so roughly two in five leave after one year. 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. 21% transfer out. IPEDS does not follow them, so whether they finished elsewhere is not recorded either way. A 23:1 ratio means students need to be deliberate about getting faculty time.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 3,122 degree- or certificate-seeking undergraduates
At $13,684 a year on average after grant aid, cost is low here relative to most undergraduate institutions. Income makes less difference than usual: $11,588 at $0–30k, $19,122 at $110k+. Grant aid reaches 62% of students at an average of $4,583. 29% of students take federal loans, a middling borrowing rate.
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 · 514 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 | $11,588 |
| $30–48k | $12,481 |
| $48–75k | $13,452 |
| $75–110k | $16,494 |
| $110k+ | $19,122 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 913 of these 3,122 students, totalling $5,616,256 — an average of $6,151 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Olmsted 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)