Is Ridgewater College worth it?

Willmar, MN · public

Verdict

Typical students pay $10,046 a year after aid, graduate with $12,000 in federal debt, and earn $40,862 six years after enrolling — an estimated monthly loan payment of $128, with a debt break-even of about 2.9 years.

Net price / year

$10,046

Admission rate

0%

Graduation rate

Median debt

$12,000

Earnings (6 yr)

$40,862

Earnings (10 yr)

$43,827

Est. monthly loan payment

$128

Loan-to-income ratio

29%

Debt break-even

2.9 years

How Ridgewater College compares

MetricRidgewater CollegeMinnesotaNational
Net price$10,046$17,329$16,642
Median debt$12,000$15,163$12,377
Earnings (6 yr)$40,862$40,295$33,037
Graduation rate

FAQ

How much does it cost to attend Ridgewater College?

The federal average net price after grants and scholarships is $10,046 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.

How much debt do Ridgewater College graduates typically carry?

Students who complete a program at Ridgewater College leave with a median federal debt of $12,000, based on the U.S. Department of Education's College Scorecard.

What do Ridgewater College graduates earn?

Six years after enrolling, former students report median earnings of $40,862, drawn from federal tax records aggregated by the College Scorecard.

What is the graduation rate at Ridgewater College?

Graduation rate data is not currently published for this school.

Is Ridgewater College worth the debt?

Based on median debt and 6-year earnings, it would take roughly 2.9 years of 10% income allocation to pay off the typical debt load — compare that against your own expected major and career path before deciding.

Source: U.S. Department of Education College Scorecard.