Cost, debt & salary

Is Minneapolis College of Art and Design worth it? What it costs, and what graduates earn

You would borrow a median $27,000 — about $307 a month for ten years. Graduates earn a median $40,873 ten years after starting, so the debt clears in roughly — years of the salary premium.

Is it worth the money?

The figures below are what the US Department of Education publishes for this university.

You borrow $27,000 median federal debt at graduation
You repay $307/mo standard 10-year federal plan
You earn $40,873 median, 10 years after entry · beats 8%
Debt clears in — yrs of the salary premium

What that feels like each month Repayment against the salary that has to cover it.

Gross monthly pay
$3,406
Loan repayment
$307
Share of your pay
9%
0%15% — the comfort line25%

Under roughly 15% of gross pay, repayment is generally considered manageable alongside rent and living costs.

Cut the debt before you borrow it

We do not list an award tied specifically to Minneapolis College of Art and Design yet — but national, country and subject scholarships still apply to students heading there, and each one cuts the $27,000 above.

Browse scholarships for the USA →

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How Minneapolis College of Art and Design compares Against the 810 US universities we grade on payback.

The typical graded university clears its debt in 1.3 years on median earnings of $57,146 against $22,500 of debt. Minneapolis College of Art and Design sits inside that set, and its graduates earn $1,353 a year more than a US worker with only a high-school diploma.

Nearby universityGradeDebtEarningsPayback
Carleton College Minnesota A $16,750 $75,525 0.5 yrs
Metropolitan State University Minnesota B $17,100 $64,705 0.7 yrs
Macalester College Minnesota B $23,000 $63,878 0.9 yrs
University of Minnesota - Duluth Minnesota B $22,024 $62,616 1 yrs
Gustavus Adolphus College Minnesota C $26,774 $65,607 1 yrs

Minneapolis College of Art and Design — the money questions

How much do graduates of Minneapolis College of Art and Design earn?
Median earnings are $40,873 a year, measured ten years after students first enrolled — from tax records, not a survey. That is higher than 8% of the US universities we hold figures for.
How much debt will I have at Minneapolis College of Art and Design?
The median graduate leaves with $27,000 of federal loans. On the standard ten-year plan that is about $307 a month — roughly 9% of the median graduate's monthly pay before tax.
How long does a degree from Minneapolis College of Art and Design take to pay for itself?
About — years of the salary premium — the amount graduates earn above the $39,520 a US worker with only a high-school diploma makes.
Can scholarships reduce this debt?
We do not currently list a scholarship tied specifically to Minneapolis College of Art and Design, but national and subject-based awards still apply — start from our scholarships listing.
Do these numbers apply to my subject?
No. The Department of Education publishes one figure per institution, so nursing, engineering and fine art students at Minneapolis College of Art and Design all sit inside the same median. Treat it as the size of the financial risk, not a salary forecast for your course.

Source: US Department of Education College Scorecard — earnings and debt cover students who received federal financial aid and blend every subject taught at the institution. Figures imported 28 Aug 2026. This page is information, not financial advice.