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Cost & ROI · 2026

Is Minneapolis College of Art and Design worth it?

Pay $29,926/yr after aid. Graduates earn a median of $40,873 ten years out — about 1.4× the annual cost. EduGradify value grade: D.

Net price $29,926 per year, after aid
Earnings 10y $40,873 median, post-enrollment
Median debt $27,000 ≈ $293/mo
D Top 94% Exceptional Investment

The ROI math, in 30 seconds

$29,926 × 4 years = $119,704 total cost
$40,873 / year earned 10 years after enrolling
=
3.41 ROI score Grade D · Top 94% value

Benchmarks

Minneapolis College of Art and Design vs Minnesota avg vs national avg

How this school stacks up against the typical Minnesota college and the typical US college.

Metric Minneapolis College of Art and Design Minnesota avg National avg
Avg net price $29,926 $18,971 $18,467
Median earnings 10y $40,873 $53,271 $50,834
Median debt $27,000 $18,975 $19,694
Graduation rate 51.2% 52.3% 49.9%
Acceptance rate 48.5% 74.9% 72.3%

Hidden cost

What you actually pay, by family income

Net price after grants and scholarships changes a lot depending on family income. Find your bracket.

$0 – $30k Low income
$23,662 per year
$30k – $48k Lower-middle
$23,905 per year
$48k – $75k Middle
$26,550 per year
$75k – $110k Upper-middle
$33,038 per year
$110k+ High income
$34,345 per year

Total cost

4-year cost projection

Estimated net price each year through graduation, assuming a typical 3% annual tuition increase.

Year 1 $29,926 2026–2027
Year 2 $30,824 2027–2028
Year 3 $31,748 2028–2029
Year 4 $32,701 2029–2030
4-year total $125,199 net of expected aid

Sticker price (without aid) would run roughly $239,888 over four years. Most students get $30,046/yr in grants and scholarships.

Debt math

Loan repayment scenarios

If you borrow the median $27,000 at a 6.5% federal rate, here's what each repayment plan looks like.

10-year standard plan $293/mo Total paid: $35,160
15-year extended $221/mo Total paid: $39,780
20-year extended $186/mo Total paid: $44,640

Debt-to-earnings: 66% of one year's median pay. Financial advisors recommend keeping student debt under 100% of expected first-year salary. You're below the recommended ceiling.

Lifetime impact

Lifetime earnings boost vs no degree

Over a typical 40-year career, the median Minneapolis College of Art and Design grad earns about -$165,080 more than a high school graduate (assuming HS median ≈ $45k/yr, BLS).

Annual earnings advantage +-$4,127 vs HS-only median
Career-long boost -$165,080 40-year horizon, today's dollars
Net of 4-year cost -$284,784 after paying $119,704 for the degree

Caveat: this is a population median, not a guarantee. Actual outcomes vary widely by major, career path, and individual choices. We're showing the median to set realistic expectations.

The verdict

What the numbers say about Minneapolis College of Art and Design

The average student at Minneapolis College of Art and Design pays $29,926 a year after grants and scholarships, against a $59,972 published sticker price. That is above the MN average net price of $18,971.

Ten years after entry, graduates earn a median of $40,873 — below the MN median of $53,271. Weighed against what students actually pay, EduGradify models this as an exceptional investment.

Typical graduates borrow about $27,000, roughly $293 a month on a standard ten-year plan — a moderate load at about 66% of one year's median earnings.

Smart alternatives

Cheaper Minnesota colleges with comparable outcomes

Same state, at least 20% lower net price, with earnings within reach of Minneapolis College of Art and Design.

Frequently asked

Cost & ROI questions

What is the net price at Minneapolis College of Art and Design?

The average net price — what students actually pay after grants and scholarships — is $29,926 per year. That's $30,046/yr in financial aid against the $59,972 sticker price. Over four years, that adds up to roughly $119,704.

How much do Minneapolis College of Art and Design graduates earn?

Ten years after enrolling, Minneapolis College of Art and Design graduates earn a median of $40,873 per year — below the national average of $50,834. That's about 1.4× the annual net cost.

How much debt do Minneapolis College of Art and Design graduates take on?

Median federal loan debt at graduation is $27,000 — about $293/month on a standard 10-year repayment plan (assuming a 6.5% federal rate). 74.7% of students take federal loans.

Is Minneapolis College of Art and Design worth the cost?

EduGradify assigns Minneapolis College of Art and Design a value grade of D — top 94% on real ROI nationally. The math: pay $29,926/yr, earn $40,873/yr ten years out, ROI score of 3.41. Exceptional Investment.

What financial aid is available at Minneapolis College of Art and Design?

42.1% of students receive federal Pell Grants (need-based federal aid). 74.7% take federal student loans. On average, students get $30,046 per year in grants and scholarships off the sticker price.

What's the difference between in-state and out-of-state tuition at Minneapolis College of Art and Design?

In-state tuition is $45,484 per year. Out-of-state tuition is $45,484 per year — a difference of $0/yr or $0 over four years.

How does net price change with family income at Minneapolis College of Art and Design?

Net price is income-adjusted — lower-income families typically pay much less. Students from families earning under $30k pay about $23,662. Students from families earning over $110k pay about $34,345. See the chart below for all five income bands.

How we calculate ROI

Every number on this page comes from the U.S. Department of Education College Scorecard. ROI score = (median earnings 10 years out × 10) / (avg net price × 4). The higher the ratio, the more graduates earn per dollar invested. We then percentile-rank every US college on that score to assign letter grades A+ through D. Read the full methodology →