C+
Above Average
Score: 60/100
Overall (traditional)
D
Outcome Rating
37/100 · earnings-weighted

Southwest Minnesota State University

4-Year Public
📍 Marshall, Minnesota 56258
Southwest Minnesota State University campus, Marshall, MN
Southwest Minnesota State University campus, Marshall, MN. Photo: J. Corey Butler, Public domain via Wikimedia Commons.
Outcomes
C+
63/100
Affordability
C+
55/100
Resources
C+
59/100
Experience
A+
90/100
Prestige
C
40/100

Two ratings: the overall grade compares colleges the conventional way (outcomes, cost, resources, experience, reputation). The Outcome Rating asks what students earn: 60% wage-adjusted earnings 10 years after enrolling, 25% graduation, 15% retention. Methodology

Quick Stats

7,324
Total Enrollment
44%
Graduation Rate
70%
Retention Rate
16.0:1
Student-Faculty Ratio
69%
Acceptance Rate
$14,839
Avg Net Price
🏠 Housing Market Near Southwest Minnesota State University ▼

8% of first-year students live off campus and not with family (U.S. Dept. of Education, IPEDS). Upper-year students at most universities move off campus at much higher rates, so near-campus rental demand is typically larger than this figure suggests.

Avg Home Value
$246,708
Avg Monthly Rent
$891
1-Year Change
+7.6%

Earnings, Debt & Completion

What happens to students who enroll at Southwest Minnesota State University, from the U.S. Department of Education’s College Scorecard.

$51,342
Median earnings 10 yrs after entry
$43,282
Median earnings 6 yrs after entry
$20,500
Median debt at graduation
45.1%
Completion rate (within 150% of normal time)
1,050
Average SAT
12.1%
Students receiving Pell grants

Typical debt at graduation equals about 40% of one year’s median earnings ten years after entry.

Earnings rank: 26th percentile among bachelor’s-degree-focused colleges after a partial adjustment for local wage levels (MN wage index 1.10). This drives the Outcome Rating.

Source: U.S. Department of Education College Scorecard, retrieved Oct 2026. Earnings are for federally aided students who enrolled, whether or not they graduated.

Earnings by Major at Southwest Minnesota State University

Median pay of bachelor's degree graduates by field of study, and how each program ranks against every college reporting that major — by raw pay and adjusted for state wage levels. Same school, very different paychecks.

Major1 yr after4 yrs aftervs. nationalRank (pay)Rank (wage-adj.)Median debt
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing$71,933$83,735-6%#580 of 966#834$13,875
Criminal Justice and Corrections—$64,654+17%#64 of 660#113$26,000
Finance and Financial Management Services$47,734$59,824-28%#430 of 452#440$21,500
Marketing$48,939$58,574-15%#406 of 516#465$19,747
Business Administration, Management and Operations$49,245$55,559-19%#948 of 1176#1059$20,500
Sports, Kinesiology, and Physical Education/Fitness$32,802$54,554+-0%#269 of 610#383$18,000
Agricultural Business and Management$49,521—————
Psychology$33,099$47,249-7%#689 of 1027#852$25,125
Teacher Education and Professional Development, Specific Subject Areas$43,875$47,219-8%#272 of 345#328$29,000
Social Work$46,368$45,467-12%#370 of 420#406—
Special Education and Teaching$44,510————$24,883
Teacher Education and Professional Development, Specific Levels and Methods$41,333$43,904-7%#535 of 680#638$21,977
Biology$31,765————$23,500

Source: U.S. Department of Education College Scorecard, field-of-study data. Earnings are for graduates who received federal aid and were working; small programs are not reported.

For parents & investors

The Southwest Minnesota State University Town Property Report

  • Avg home value near campus: $246,708
  • Avg rent near campus: $891/mo — vs ~$694/mo campus room rate
  • Top nearby ZIP by cap rate: 56175 (4.0% cap, Tracy)

Get the free 1-page report: rent-vs-dorm math, the 3 best nearby ZIPs by yield, and the “kiddie condo” strategy parents use.

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Costs & Financial Aid

Tuition & Fees

Category In-State Out-of-State
Tuition $8,840 $8,840
Room $6,248
Board $4,418
Total Cost (On-Campus) $25,712 $25,712

Financial Aid

93%
Receive Any Aid
36%
Receive Pell Grants
55%
Take Out Loans
$14,839
Avg Net Price

Net Price by Family Income

Family Income Average Net Price
$0 - $30,000$9,440
$30,001 - $48,000$11,263
$48,001 - $75,000$12,810
$75,001 - $110,000$16,813
$110,001+$19,513

Student Demographics

7,324
Total Students
62%
Women
26%
Traditional Age (18-24)
8%
Off-Campus Renters

👥 Race & Ethnicity

White 79%
Hispanic 6%
Black 3%
Asian 2%
Two or More 3%
Non-Resident 2%

🏠 Living Arrangements

On Campus 82%
Off-Campus (Renters) 8%
With Family 10%
🏘️ Rental Demand: ~564 students need off-campus housing

💻 Learning Mode

In-Person 76%
Hybrid (Some Online) 11%
Fully Online 13%

📊 Age Distribution

18-24 (Traditional) 26%
25-64 (Adult) 9%

Frequently Asked Questions

What is the acceptance rate at Southwest Minnesota State University?
Southwest Minnesota State University has an acceptance rate of 69%. This indicates a less selective admissions process with good chances for qualified applicants.
How much does it cost to attend Southwest Minnesota State University?
Tuition at Southwest Minnesota State University is $8,840 for in-state students and $8,840 for out-of-state students . However, the average net price after financial aid is $14,839.
What is the graduation rate at Southwest Minnesota State University?
The graduation rate at Southwest Minnesota State University is 44%. This graduation rate is below average. Consider factors like program type and student demographics when evaluating.
Is Southwest Minnesota State University a good school?
Southwest Minnesota State University has a Repit College Score of 60/100 (Grade: C+). Our rating evaluates five key factors:
  • Outcomes (C+): Graduation and retention rates
  • Affordability (C+): Net cost and financial aid access
  • Resources (C+): Class sizes and selectivity
  • Experience (A+): Campus life and learning format
  • Prestige (C): Reputation and recognition
How many students attend Southwest Minnesota State University?
Southwest Minnesota State University has a total enrollment of 7,324 students.
Is there rental demand near Southwest Minnesota State University?
Yes! Approximately 8% of students at Southwest Minnesota State University live off-campus (not with family). That's roughly 564 students who need rental housing near campus.

Deciding between a dorm and buying near campus? Run the numbers for Southwest Minnesota State University — four years of dorm costs vs. owning, including what you’d recover at resale. Buy vs Dorm calculator →

🎓 Similar Colleges to Southwest Minnesota State University

Compare with other 4-Year public institutions of similar size.

C+
University of Minnesota-Duluth
Duluth, MN · 9,350 students
C+
University of Minnesota-Crookston
Crookston, MN · 2,518 students
B
Winona State University
Winona, MN · 6,058 students
C+
Minnesota State University Moorhead
Moorhead, MN · 4,410 students
C+
Saint Cloud State University
Saint Cloud, MN · 10,514 students
C+
Minnesota State University-Mankato
Mankato, MN · 14,709 students

Data source: IPEDS 2023-24 | Last updated: October 2026 | Methodology