Certificate in Allied Health and Medical Assisting Services. — ROI at Rasmussen University-Minnesota
MN · Based on U.S. Department of Education College Scorecard data
Financial Breakdown for Allied Health and Medical Assisting Services. at Rasmussen University-Minnesota
Net Annual Cost
$24,056
After grants & scholarships
Median Earnings
$27,680
Median salary after graduation
Net Debt
$14,042
After personal savings applied
20-Year Net ROI Projection
Gross Earnings (20 years)
$27,680 × 20 years
+$553,600
Total 1-Year Cost
$24,056 × 1 years
−$24,056
Estimated Debt Payoff ⓘ Includes estimated interest over a standard 10-year repayment plan.
$14,042 principal × 1.35 (interest)
−$18,956
Baseline Opportunity Cost ⓘ The estimated earnings you would make with a high school diploma over 20 years ($42,000/yr), which you forfeit while studying.
$42,000 median no-degree salary × 20 years
−$840,000
20-Year Net ROI
-$329,412
Graduation Rate
50.9%
of students complete their degree
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How we calculate ROI
20-Year Net ROI = Gross Earnings − Total 1-Year Cost − Estimated Debt Payoff − Baseline Opportunity Cost
Baseline assumes $42,000/yr median earnings without a college degree. Debt payoff uses a 1.35× multiplier to account for interest over a standard repayment period.
Data sourced from the U.S. College Scorecard.