Minot State University
Comprehensive ROI analysis based on tuition costs, graduate earnings, financial aid, and long-term earning potential.
ROI Summary
Total 4-Year Cost
$34,536
In-state tuition x 4
Earnings Premium
$11,214/yr
vs high school diploma avg
Break-Even Point
3.1 years
After graduation
20-Year ROI
549%
Return on investment
ROI Analysis
Minot State University's in-state tuition costs $8,634. One year after graduation, alumni earn a median of $48,295. Five years after graduation, earnings are $46,214, and after ten years, earnings increase to $51,759. The median debt for graduates is $19,609, and 37.2% of students receive financial aid.
The debt-to-income ratio, calculated by dividing the median debt by the first-year earnings, is approximately 0.41. This means the median debt is about 41% of the first-year earnings.
To calculate the break-even point, we can estimate the time it takes for the additional earnings from a degree to cover the cost of tuition. Given the first-year earnings, it would take less than a year to earn back the cost of tuition.
Generated from College Scorecard & IPEDS data
The Numbers
Annual Tuition (In-State)
$8,634
Median Debt at Graduation
$19,609
Median Earnings (5yr)
$46,214
Graduation Rate
46%
Receive Financial Aid
37%
Avg Aid Amount
$0
Program-Level ROI
| Program | 4yr Cost | Median Earnings (5yr) | Est. 20yr ROI |
|---|---|---|---|
| Social Work. | $34,536 | $44,046 | 424% |
| Business Administration, Management and Operations. | $34,536 | $51,553 | 859% |
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | $34,536 | $69,266 | 1884% |
| Teacher Education and Professional Development, Specific Levels and Methods. | $34,536 | $42,286 | 322% |
| Criminal Justice and Corrections. | $34,536 | $48,088 | 658% |
| Teacher Education and Professional Development, Specific Subject Areas. | $34,536 | $47,512 | 625% |
| Communication Disorders Sciences and Services. | $34,536 | $0 | N/A |
| Marketing. | $34,536 | $46,635 | 574% |
| Liberal Arts and Sciences, General Studies and Humanities. | $34,536 | $0 | N/A |
| Management Information Systems and Services. | $34,536 | $0 | N/A |
| Finance and Financial Management Services. | $34,536 | $55,600 | 1093% |
| Health and Physical Education/Fitness. | $34,536 | $0 | N/A |
Peer Comparison
Financial Aid Impact
Before Aid
After Aid (Estimated)
Methodology
ROI calculations are based on data from the U.S. Department of Education College Scorecard. The earnings premium is calculated as the difference between median graduate earnings and the national average earnings for high school diploma holders ($35,000).
The 20-year ROI formula: ((Earnings Premium x 20) - Total Cost) / Total Cost x 100. Break-even point: Total Cost / Annual Earnings Premium. All figures use in-state tuition and do not account for inflation, opportunity cost, or financial aid variations.