Analysis
Computer engineering programs in Minnesota typically launch graduates into strong earning positions, and peer programs nationally suggest first-year earnings around $79,000βsquarely in line with the $81,700 median for Minnesota programs. Minnesota State-Mankato's relatively open admissions (91%) might make some parents wonder if outcomes will lag behind selective competitors, but the estimated earnings track closely with what Saint Cloud State reports and aren't drastically below Minnesota-Twin Cities' $85,700. The real advantage here is accessibility: students who might not qualify for more selective engineering programs can still access comparable career outcomes.
The estimated debt load of $23,125 creates a manageable debt-to-earnings ratio of 0.29, meaning a graduate would owe less than a third of their first-year salary. That's considerably better than the national benchmark debt of $24,500 for computer engineering programs, suggesting Minnesota State keeps costs in check. For a technical degree with immediate market value, owing roughly $23,000 is workable, especially given that computer engineering salaries typically grow substantially beyond the entry level.
The bottom line: Based on what similar programs produce, this appears to be a cost-effective path into a well-compensated field, particularly for students who need a more accessible entry point to engineering education. The financial picture looks solid enough to justify the investment, though individual outcomes will vary depending on the specific employer and local job market.
Where Minnesota State University-Mankato Stands
Earnings vs. debt across all computer engineering bachelors's programs nationally
Compare to Similar Programs in Minnesota
Computer Engineering bachelors's programs at peer institutions in Minnesota (7 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $9,490 | $78,953* | β | $23,125* | β | |
| $16,488 | $85,672* | $92,617 | $23,000* | 0.27 | |
| $10,117 | $77,792* | β | $27,000* | 0.35 | |
| National Median | β | $78,952* | β | $24,500* | 0.31 |
Career Paths
Occupations commonly associated with computer engineering graduates
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Computer Hardware Engineers
Software Developers
Software Quality Assurance Analysts and Testers
Computer Network Architects
Telecommunications Engineering Specialists
Database Architects
Data Warehousing Specialists
Engineering Teachers, Postsecondary
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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the national median of 174 similar programs. Actual outcomes may vary.