Affordability is the clearer strength at Southwest Minnesota State University, while its return measures are less favorable. According to Azimuth, the return pillar sits in the 21st percentile among nonprofit four-year institutions.
Graduates earn about $10,811 less than the model expects for similar students. Azimuth places earnings beyond expectations, the gap between what graduates earn and what the model expects for similar students, in the 17th percentile among nonprofit four-year institutions.
The part the model attributes to the factors it measures (field of study, enrollment and the local labor market) adds $3,293. The part it attributes to a remainder it does not explain subtracts $14,104.
Median earnings are $55,009 four years after completion, in the 32nd percentile. The peer median, the middle value for comparable institutions (same type and size), is $57,301, with the university's figure $2,292 below it.
The model and peer comparison both point to earnings below the peer median and model expectation.
The earnings picture at Southwest Minnesota State University is below the model’s expectation for similar students, despite a upside scenario. Among federally aided completers who are working and not enrolled, median earnings are $55,009 four years after completion.
Against nonprofit four-year institutions, that earnings result falls in the 32nd percentile and draws on an earnings cohort of 565 completers. Graduates earn about $10,811 less than the model expects for similar students.
Earnings scenarios based on the program mix place typical earnings at $55,009, with a downside scenario of $45,073 and an upside scenario of $82,829. An estimated 27.6% of graduates continue to graduate study, a figure estimated from the program mix.
Four years after completion, Southwest Minnesota State University completers have median earnings of $55,009, in the 32nd percentile. The peer median, the middle value for comparable institutions (same type and size), is $57,301, with the university $2,292 below it.
Completers earn about $10,811 less than the model expects for similar students. Earnings beyond expectations, the gap between what completers earn and what the model expects for similar students, are in the 17th percentile.
The part the model attributes to the factors it measures (field of study, enrollment and the local labor market) adds $3,293. The part it attributes to a remainder it does not explain subtracts $14,104.
Within the measured factors, the STEM component subtracts $825. Earnings scenarios grounded in the program mix run from $45,073 on the downside to $82,829 on the upside.
Azimuth places the return pillar in the 21st percentile among nonprofit four-year institutions. The peer comparison and model estimate point in the same direction.
Nursing is the largest program, with 81 degrees awarded and median earnings of $83,735 four years after completion.
The modeled earnings spread across program mixes is wide, from a downside scenario of $45,073 to an upside scenario of $82,829. These scenarios describe modeled outcomes, not observed groups of graduates.
Program medians four years after completion include Nursing at $83,735, Criminal Justice at $64,654, and Finance at $59,824. Those program figures help explain the broad modeled range.
At Southwest Minnesota State University, borrowing among completers is below the level at comparable institutions, even as graduate earnings fall short of the model’s expectation. Median federal student loan debt for borrowers who completed is $20,500, below the peer median, the middle value for comparable institutions (same type and size), of $21,229 by $729.
That debt corresponds to an estimated payment of $233 a month if repaid over ten years. Graduates earn about $10,811 less than the model expects for similar students.
For aid recipients, the average net price, what aid recipients pay after grants and scholarships, is $15,291. It is above the peer median net price by $1,223, and aid covers about 38% of the published cost for the average aid recipient.
Borrowers who completed leave with lower median debt than the peer median, but the average net price is above the peer median and earnings fall below the model’s expectation.