Is Southwest Minnesota State University worth it?

Marshall, MN · public

Verdict

Typical students pay $15,291 a year after aid, graduate with $20,500 in federal debt, and earn $43,282 six years after enrolling — an estimated monthly loan payment of $219, with a debt break-even of about 4.7 years.

Net price / year

$15,291

Admission rate

62%

Graduation rate

—

Median debt

$20,500

Earnings (6 yr)

$43,282

Earnings (10 yr)

$51,342

Est. monthly loan payment

$219

Loan-to-income ratio

47%

Debt break-even

4.7 years

How Southwest Minnesota State University compares

MetricSouthwest Minnesota State UniversityMinnesotaNational
Net price$15,291$17,329$16,642
Median debt$20,500$15,163$12,377
Earnings (6 yr)$43,282$40,295$33,037
Graduation rate———

FAQ

How much does it cost to attend Southwest Minnesota State University?

The federal average net price after grants and scholarships is $15,291 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.

How much debt do Southwest Minnesota State University graduates typically carry?

Students who complete a program at Southwest Minnesota State University leave with a median federal debt of $20,500, based on the U.S. Department of Education's College Scorecard.

What do Southwest Minnesota State University graduates earn?

Six years after enrolling, former students report median earnings of $43,282, drawn from federal tax records aggregated by the College Scorecard.

What is the graduation rate at Southwest Minnesota State University?

Graduation rate data is not currently published for this school.

Is Southwest Minnesota State University worth the debt?

Based on median debt and 6-year earnings, it would take roughly 4.7 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.