Median Earnings (1yr)
$68,044
51st percentile
Median Debt
$27,627
6% above national median
Debt-to-Earnings
0.41
Manageable
Sample Size
40
Adequate data

Analysis

Minnesota State-Mankato delivers solid engineering outcomes at an exceptionally affordable price point. Graduates earn $68,044 in their first year—essentially matching both the national median and Minnesota state median—but they carry just $27,627 in debt, landing in the 5th percentile nationally for borrowing. That's thousands less than what students typically owe at comparable programs, creating a debt-to-earnings ratio of 0.41 that should be manageable for most graduates. Among Minnesota's five engineering programs, this ranks 60th percentile for earnings, essentially tied with the pricier University of Minnesota-Twin Cities while costing substantially less.

The trajectory looks stable, with earnings growing 10% to $75,021 by year four. That's not explosive growth, but it's consistent upward movement typical of early-career engineers. The moderate sample size suggests this isn't a tiny program, so the data likely reflects a reasonable cross-section of outcomes. With a 91% admission rate, this program offers accessible entry into a field where mid-tier starting salaries are still quite livable.

For Minnesota families looking at engineering programs, MSU-Mankato offers a practical path: you'll earn what typical engineers earn but graduate with markedly less debt. That cost advantage matters more than a few thousand dollars in salary differential, particularly early in your career when loan payments bite hardest.

Where Minnesota State University-Mankato Stands

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

Minnesota State University-MankatoOther 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 $68k, placing them in the 51th percentile of all engineering 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

Engineering bachelors's programs at peer institutions in Minnesota (5 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Minnesota State University-Mankato$68,044$75,021$27,6270.41
University of Northwestern-St Paul$68,516———
University of Minnesota-Twin Cities$67,413—$21,7500.32
National Median$67,911—$26,0560.38

Other Engineering Programs in Minnesota

Compare tuition, earnings, and debt across Minnesota schools

SchoolIn-State TuitionEarnings (1yr)Debt
University of Northwestern-St Paul
Saint Paul
$36,830$68,516—
University of Minnesota-Twin Cities
Minneapolis
$16,488$67,413$21,750

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 40 graduates with reported earnings and 36 graduates with debt data. Small samples may not be representative.