Median Earnings (1yr)
$60,573
76th percentile (60th in MN)
Median Debt
$24,250
3% below national median
Debt-to-Earnings
0.40
Manageable
Sample Size
62
Adequate data

Analysis

Minnesota State-Mankato's accounting program delivers solid middle-class outcomes at a reasonable price point. Graduates earn $60,573 in their first year—about $7,000 above the national median for accounting majors and comfortably above Minnesota's state median. With debt of $24,250, students face manageable monthly payments of roughly $250, representing just 40% of that first year's salary. That's a fundamentally sound financial picture.

What's worth noting is how this program performs against Minnesota's competitive accounting landscape. While it ranks in the 60th percentile statewide, the gap to top programs is narrow—just $6,000 less than University of Minnesota-Twin Cities grads earn, despite MSU-Mankato's 91% admission rate making it far more accessible. Earnings growth to $66,787 by year four shows this isn't a ceiling; graduates continue advancing.

For families focused on return on investment rather than prestige, this is exactly what public higher education should deliver: professionally credentialed accountants earning well above national averages without burdensome debt. The 76th percentile national ranking confirms this isn't just adequate—it's genuinely competitive. Unless your child is set on the University of Minnesota system and willing to navigate its selectivity, MSU-Mankato offers comparable career outcomes at what's likely a lower total cost of attendance.

Where Minnesota State University-Mankato Stands

Earnings vs. debt across all accounting bachelors's programs nationally

Minnesota State University-MankatoOther accounting programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How Minnesota State University-Mankato graduates compare to all programs nationally

Minnesota State University-Mankato graduates earn $61k, placing them in the 76th percentile of all accounting bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Minnesota

Accounting bachelors's programs at peer institutions in Minnesota (31 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Minnesota State University-Mankato$60,573$66,787$24,2500.40
University of Minnesota-Twin Cities$66,591$80,603$22,3420.34
Bethel University$65,587
University of St Thomas$65,573$70,313$25,0000.38
Augsburg University$64,695$69,716$26,9960.42
College of Saint Benedict$64,410$66,880$26,9250.42
National Median$53,694$25,0000.47

Other Accounting Programs in Minnesota

Compare tuition, earnings, and debt across Minnesota schools

SchoolIn-State TuitionEarnings (1yr)Debt
University of Minnesota-Twin Cities
Minneapolis
$16,488$66,591$22,342
Bethel University
Saint Paul
$42,930$65,587
University of St Thomas
Saint Paul
$52,284$65,573$25,000
Augsburg University
Minneapolis
$43,942$64,695$26,996
College of Saint Benedict
Saint Joseph
$53,884$64,410$26,925

About This Data

Source: U.S. Department of Education College Scorecard (October 2025 release)

Population: Graduates who received federal financial aid (Title IV grants or loans). At Minnesota State University-Mankato, approximately 20% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.

Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.

Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.

Sample Size: Based on 62 graduates with reported earnings and 74 graduates with debt data. Small samples may not be representative.