Median Earnings (1yr)
$49,640
64th percentile (40th in MN)
Median Debt
$22,350
14% below national median
Debt-to-Earnings
0.45
Manageable
Sample Size
155
Adequate data

Analysis

Minnesota State University-Mankato's business program sits in an interesting middle ground: it performs solidly against national competition (64th percentile) but falls below the state median for Minnesota business degrees. Your child would start at $49,640—above the national benchmark of $45,703—but trails the typical $52,469 that Minnesota business graduates earn. Among the state's 33 business programs, this one lands squarely in the middle tier, well behind flagships like UMN-Twin Cities ($66,000) but delivering respectable outcomes nonetheless.

The financial fundamentals look healthy. With $22,350 in median debt and nearly 20% earnings growth over four years, graduates are building equity in their degree rather than struggling under it. The debt-to-earnings ratio of 0.45 means most students could comfortably manage payments while establishing their careers. By year four, earnings reach $59,000—closing the gap with higher-ranked state programs.

For families prioritizing affordability over prestige, this represents a practical path into business careers. The 91% admission rate makes it accessible, and the debt load is notably lower than both state and national medians. Just understand you're buying solid fundamentals rather than elite placement—fine for most business roles, but worth considering against higher-performing in-state options if your child qualifies and cost differences aren't prohibitive.

Where Minnesota State University-Mankato Stands

Earnings vs. debt across all business administration, management and operations bachelors's programs nationally

Minnesota State University-MankatoOther business administration, management and operations 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 $50k, placing them in the 64th percentile of all business administration, management and operations 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

Business Administration, Management and Operations bachelors's programs at peer institutions in Minnesota (33 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Minnesota State University-Mankato$49,640$59,003$22,3500.45
Capella University$68,701$72,613$33,7500.49
University of Minnesota-Twin Cities$65,996$75,971$20,1600.31
Rasmussen University-Minnesota$59,693$56,566$37,3150.63
Concordia University-Saint Paul$59,044$63,736$27,0000.46
University of Minnesota-Crookston$58,805$72,627$27,4340.47
National Median$45,703—$26,0000.57

Other Business Administration, Management and Operations Programs in Minnesota

Compare tuition, earnings, and debt across Minnesota schools

SchoolIn-State TuitionEarnings (1yr)Debt
Capella University
Minneapolis
$14,436$68,701$33,750
University of Minnesota-Twin Cities
Minneapolis
$16,488$65,996$20,160
Rasmussen University-Minnesota
St. Cloud
$10,899$59,693$37,315
Concordia University-Saint Paul
Saint Paul
$25,000$59,044$27,000
University of Minnesota-Crookston
Crookston
$13,120$58,805$27,434

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 155 graduates with reported earnings and 159 graduates with debt data. Small samples may not be representative.