Median Earnings (1yr)
$71,676
19th percentile (60th in MN)
Median Debt
$28,500
14% above national median
Debt-to-Earnings
0.40
Manageable
Sample Size
20
Limited data

Analysis

With fewer than 30 graduates in the sample, these numbers deserve skepticism, but the basic math here is straightforward: starting at $72,000 with $28,500 in debt means your child could realistically pay off their loans in two years with aggressive payments. That's a manageable burden for an engineering degree, even if the earnings trail the national median by about $6,000. The context matters too—among Minnesota's seven electrical engineering programs, this lands right at the state median, beating out programs at Saint Cloud State and University of St Thomas. So while graduates at UMN-Twin Cities start $8,000 higher, your child isn't at a major disadvantage staying in-state at Mankato.

The real question is whether the small cohort size reflects program instability or simply indicates this is a newer or smaller engineering track. Small programs can mean more faculty attention, but they can also signal uncertain job placement networks or limited course offerings. Before committing, verify that recent grads are actually landing electrical engineering jobs rather than adjacent tech roles, since earnings can look similar initially but diverge over time.

If your child can get this degree with minimal debt (which the low debt percentile suggests is possible), it's a reasonable value. Just confirm the program has staying power and isn't shrinking.

Where Minnesota State University-Mankato Stands

Earnings vs. debt across all electrical, electronics and communications engineering bachelors's programs nationally

Minnesota State University-MankatoOther electrical, electronics and communications engineering 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 $72k, placing them in the 19th percentile of all electrical, electronics and communications engineering bachelors programs nationally.

Compare to Similar Programs in Minnesota

Electrical, Electronics and Communications Engineering bachelors's programs at peer institutions in Minnesota (7 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Minnesota State University-Mankato$71,676$28,5000.40
University of Minnesota-Twin Cities$79,808$87,625$17,9980.23
University of Minnesota-Duluth$74,197$82,317$26,4710.36
Saint Cloud State University$69,943$83,539$30,0880.43
University of St Thomas$67,043$91,888$27,0000.40
National Median$77,710$24,9890.32

Other Electrical, Electronics and Communications Engineering Programs in Minnesota

Compare tuition, earnings, and debt across Minnesota schools

SchoolIn-State TuitionEarnings (1yr)Debt
University of Minnesota-Twin Cities
Minneapolis
$16,488$79,808$17,998
University of Minnesota-Duluth
Duluth
$14,318$74,197$26,471
Saint Cloud State University
Saint Cloud
$10,117$69,943$30,088
University of St Thomas
Saint Paul
$52,284$67,043$27,000

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 20 graduates with reported earnings and 23 graduates with debt data. Small samples may not be representative.