Minnesota State University Moorhead
Moorhead, Minnesota · Public · 58.8% acceptance rate
ROI Score: 51/100 · Below Average Value
Data: 2024-25 College Scorecard release
Minnesota State University Moorhead scores 51 (Below Average Value) on the CampusROI scale. The institution is a mid-sized public regional university on the North Dakota border with a 57.3% completion rate (sub-score 55), 77.4% repayment rate (sub-score 62), and a 13.7-year payback period (sub-score 42). Net price is $17,997, median debt $20,000, and six-year earnings $36,300. Debt-to-earnings ratio of 0.551 (sub-score 63) is the institution's strongest financial metric. Accounting (26 graduates, B), Information Science (15 graduates, B+), and Communication Disorders (37 graduates, B) fill out a solid middle tier. MSUM's Moorhead/Fargo labor market drives these outcomes - the Fargo metro is a regional economic center with healthcare, technology, and construction demand.
Minnesota State University Moorhead
Quick Numbers
| In-state tuition + fees | $10,428/yr |
| Out-of-state tuition + fees | $10,428/yr |
| Average net price | $17,997/yr |
| Total 4-year cost (net) | $71,988 |
| Median earnings (10yr post-entry) | $50,527 |
| Average earnings (6yr post-entry) | $36,300 |
| Median debt at graduation | $20,000 |
| Estimated monthly loan payment | $212 |
| Estimated payback period | 13.7 years |
| 6-year graduation rate | 57.3% |
| Undergraduate enrollment | 3,072 |
Data as of 2024-2025. Source: College Scorecard API (U.S. Department of Education).
The Full Financial Picture
The first number you'll see is the sticker price: $10,428/year, which covers tuition and fees only. The net price counts books, supplies, and average living costs on top of tuition and fees, then subtracts grants and scholarships. For the average student here it comes to $17,997/year, or roughly $71,988 over four years. That's the number to plan around.
What you actually pay depends a lot on what your family earns. Families making under $30,000/year pay an average of $11,129/year here, while families earning over $110,000 pay $22,420/year.
Among graduates who borrowed, the median federal loan debt from this school is $20,000, which works out to about $212 a month on the standard 10-year repayment plan. Our debt-to-earnings ratio divides that debt by average earnings six years after entry ($36,300) and comes to 0.55, under 1.0, meaning median debt is less than a full year of those earnings.
Net Price by Family Income
What families actually pay after grants and scholarships, by income bracket.
| Family Income | Avg Net Price/Year |
|---|---|
| $0 - $30,000 | $11,129 |
| $30,001 - $48,000 | $11,547 |
| $48,001 - $75,000 | $13,907 |
| $75,001 - $110,000 | $18,644 |
| $110,001+ | $22,420 |
Cost by Income Bracket Explained
Lower-income families (under $30K)
The 0-30000 income bracket pays $11,129 per year at MSUM - meaningfully below the $17,997 average. The 30001-48000 bracket pays $11,547. For Minnesota regional university students, $11-12k annually is a very accessible price point. Four-year cost at the bottom bracket runs roughly $44-46k. Against a 57.3% completion rate, the primary financial risk is non-completion. Low-income students in nursing or construction management have the strongest financial case; students in arts or social sciences face more constrained outcomes.
Middle-income families ($30K-$110K)
The 48001-75000 bracket pays $13,907 and the 75001-110000 bracket pays $18,644. The income schedule steps up predictably. At $14-19k annually, MSUM is modestly priced for a public four-year institution. Middle-income families are receiving meaningful aid discounting at this institution. The 13.7-year payback period at median earnings is the main concern - families whose students choose nursing, construction, or business will see substantially shorter payback periods than the institutional median.
Higher-income families ($110K+)
The 110001-plus bracket pays $22,420. Four-year cost for higher-income families runs roughly $90,000. Higher-income families are receiving minimal merit or need-based discounting at this income level. At $22k annually for a public institution with $36,300 average six-year earnings and a 13.7-year payback, the financial case requires program-specific evaluation.
Earnings by Major
Top 10 most popular majors at Minnesota State University Moorhead with available earnings data.
| Major | Median Earnings | Grade |
|---|---|---|
| Business Administration, Management, and Operations | $64,466 | B |
| Registered Nursing | $86,563 | B |
| Teacher Education | $45,142 | C |
| Teacher Education, Subject-Specific | $49,685 | C |
| Social Work | $50,419 | C |
| Psychology | $49,492 | C |
| Biology | $64,455 | C |
| Criminal Justice and Corrections | $55,577 | C+ |
| Communication Disorders Sciences | $57,260 | B |
| Kinesiology and Exercise Science | $50,987 | C |
Earnings reflect median 4-year post-completion (or 1-year where 4-year unavailable). Grades based on debt-to-earnings ratio.
Program Analysis
Why these programs deliver their earnings outcomes.
Registered Nursing
Registered Nursing (98 graduates) is MSUM's largest health program and strongest financial outcome: $78,006 year-one, $86,563 at year four, B grade, debt-to-earnings ratio of 0.389 against $30,359 median debt. Monthly payments on $30,359 run roughly $322. Against a $78k first-year salary in the FM metro healthcare market, this is entirely manageable. At $17,997 net price, MSUM's nursing program offers strong financial leverage for the region.
Business Administration, Management, and Operations
Business Administration (130 graduates) is MSUM's largest program: $53,228 year-one, $64,466 at year four, B grade, debt-to-earnings ratio of 0.437 against $23,250 median debt. The B grade reflects genuinely solid returns at a public institution: $53k year-one against $18k net price and $23k debt is a favorable first-year equation. Business graduates who build careers in the Fargo-Moorhead commercial sector have strong long-run trajectories from a low cost base.
Teacher Education
Teacher Education (91 graduates) earns $43,245 year-one and $45,142 at year four, C grade, debt-to-earnings ratio of 0.624 against $27,000 median debt. The C grade and modest earnings growth from year one to year four reflect the teaching salary structure in Minnesota's public schools. Monthly payments of roughly $286 against $43k year-one earnings are manageable. Teacher education graduates at MSUM enter a regional market with real teacher demand - the financial outcome is constrained by public sector salary schedules, not career viability.
How Graduates Do
Earnings
Loan Repayment
| Metric | This School | Median of schools we score |
|---|---|---|
| 1-year repayment | 72.6% | 68.8% |
| 3-year repayment | 77.4% | 73.6% |
| 5-year repayment | 69.9% | 67.7% |
| 7-year repayment | 76.9% | 72.8% |
Completion Rate
Trends Over Time
How Minnesota State University Moorhead’s cost and outcomes have moved across College Scorecard releases (2009-2024).
Average Net Price
Completion Rate
Median Earnings, 10 Years After Entry (as reported)
Earnings reflect borrowers measured 10 years after entry and publish on an irregular cadence with a multi-year reporting lag, so this series shows only the years the Department of Education reported - the data is never interpolated.
Source: U.S. Department of Education College Scorecard, release years shown. Net price and completion are reported annually.
Admissions Snapshot
| Acceptance rate | 58.8% |
| ACT Composite (25th-75th) | 18-25 |
| Enrollment | 3,072 |
| Pell Grant recipients | 28.0% |
| Avg faculty salary (monthly) | $10,729 |
MSUM admits 58.8% of applicants. ACT 18-25 describes a wide range of academic preparation. No SAT ranges are reported. The admissions profile reflects a student body drawn primarily from Minnesota, North Dakota, and the broader upper Midwest. Students interested in MSUM's health, construction, or business programs are choosing an institution where the local labor market is a direct post-graduation resource. Students in arts, education, or social sciences should evaluate whether the Fargo-Moorhead market provides the career paths they are targeting.
Compared to Similar Schools
Peer institutions matched by type, size, and selectivity.
| School | ROI | Net Price | 10yr Earnings |
|---|---|---|---|
| Minnesota State University Moorhead (this school) | 51 | $17,997 | $50,527 |
| Minnesota State University-Mankato | 62 | $19,139 | $56,922 |
| Bemidji State University | 60 | $15,261 | $53,755 |
| University of Alaska Fairbanks | 52 | $10,892 | $48,866 |
| Wayne State College | 46 | $15,360 | $47,075 |
| Southwestern Oklahoma State University | 46 | $14,459 | $45,744 |
Who Thrives Here
MSUM admits 58.8% of applicants. ACT mid-range is 18-25 composite; SAT ranges are not reported. MSUM's dual-city Moorhead/Fargo location is the institution's labor market advantage - students who stay in the FM metro post-graduation enter a regional economy with meaningful demand for health, business, and technical graduates. Students in education, arts, and social sciences face more limited local salary growth.
The Verdict: Proceed With Caution
The money case for Minnesota State University Moorhead is mixed, and worth a hard look before you commit. At $17,997 per year after aid, the typical graduate earns $50,527 ten years after entry, which means it takes about 13.7 years to earn the cost back. For context, the median payback across the schools we score is about 12 years. Whether it's worth it comes down to your major and your aid package.
What to keep an eye on: a long payback period.
Median debt of $20,000 among graduates who borrowed, against average earnings of $36,300 six years after entry, gives a debt-to-earnings ratio of 0.55, under the 1.0 point at which debt would equal a full year of those earnings. Your major matters a lot here: graduates in higher-earning fields will see the better end of this.
Minnesota State University Moorhead: Common Questions
Is Minnesota State University Moorhead worth it?
In our view, the money case is mixed and worth a hard look before you commit. Minnesota State University Moorhead scores 51/100 on our ROI scale. At $17,997 a year after aid the typical graduate earns $50,527 ten years after entry, so it takes about 13.7 years to earn the cost back. For context, the median payback across the schools we score is about 12 years.
How much does Minnesota State University Moorhead cost after financial aid?
The average net price - the cost of attendance (tuition, fees, books, supplies and average living costs) minus grants and scholarships, for full-time, first-time students receiving federal aid - is about $17,997 a year, or roughly $71,988 over four years. Because it counts living costs, it can run above tuition alone. That is the number to plan around. Actual cost varies by family income, per the U.S. Department of Education's College Scorecard.
What do Minnesota State University Moorhead graduates earn?
The typical graduate earns about $50,527 ten years after enrolling, roughly $8,727 a year more than the median high-school graduate ($41,800, per NCES, 2022). That earnings gap is what has to cover the cost of the degree.
How long does it take to pay off Minnesota State University Moorhead?
We estimate the payback period - the time it takes for the earnings bump over a high-school graduate to cover what you spent - at about 13.7 years for Minnesota State University Moorhead. The median across the schools we track is about 12 years.
How much debt do Minnesota State University Moorhead graduates take on?
Among graduates who borrowed, median federal loan debt from this school is about $20,000, against average earnings of $36,300 six years after entry - a debt-to-earnings ratio of 0.55. In our view that is reasonable, though your major matters: higher-earning fields will see the better end of it.
What is the graduation rate at Minnesota State University Moorhead?
The six-year graduation rate is 57.3%. The national average for four-year schools is 64% (NCES, 2022). Completion is 15% of our ROI score, since a degree you don't finish rarely pays back.
NewsletterCollege decisions are better with data.
From CampusROI, when there is something worth acting on.
Rankings & Links
Guides & Tools
Data: College Scorecard API (U.S. Department of Education)
Vintage: 2024-2025 · Last updated: 2026-03-25
Earnings reflect median outcomes for all federal financial aid recipients. Individual results vary by major, effort, and career path.