Median Earnings (1yr)
$68,044
51st percentile
Median Debt
$27,627
6% above national median

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

Earnings Distribution

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

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Minnesota State University-Mankato$68,044$75,021+10%
Franklin W Olin College of Engineering$109,455$114,228+4%
University of California-Davis$82,956$104,701+26%
Harvey Mudd College$92,491$103,969+12%
Lafayette College$76,507$92,618+21%

Compare to Similar Programs in Minnesota

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

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Minnesota State University-MankatoMankato$9,490$68,044$75,021$27,6270.41
University of Northwestern-St PaulSaint Paul$36,830$68,516
University of Minnesota-Twin CitiesMinneapolis$16,488$67,413$21,7500.32
National Median$67,911$26,0560.38

Career Paths

Occupations commonly associated with engineering graduates

Architectural and Engineering Managers

Plan, direct, or coordinate activities in such fields as architecture and engineering or research and development in these fields.

$167,740/yrJobs growth:Bachelor's degree

Biofuels/Biodiesel Technology and Product Development Managers

Define, plan, or execute biofuels/biodiesel research programs that evaluate alternative feedstock and process technologies with near-term commercial potential.

$167,740/yrJobs growth:Bachelor's degree

Engineering Teachers, Postsecondary

Teach courses pertaining to the application of physical laws and principles of engineering for the development of machines, materials, instruments, processes, and services. Includes teachers of subjects such as chemical, civil, electrical, industrial, mechanical, mineral, and petroleum engineering. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Engineers, All Other

All engineers not listed separately.

Energy Engineers, Except Wind and Solar

Design, develop, or evaluate energy-related projects or programs to reduce energy costs or improve energy efficiency during the designing, building, or remodeling stages of construction. May specialize in electrical systems; heating, ventilation, and air-conditioning (HVAC) systems; green buildings; lighting; air quality; or energy procurement.

Mechatronics Engineers

Research, design, develop, or test automation, intelligent systems, smart devices, or industrial systems control.

Microsystems Engineers

Research, design, develop, or test microelectromechanical systems (MEMS) devices.

Photonics Engineers

Design technologies specializing in light information or light energy, such as laser or fiber optics technology.

Robotics Engineers

Research, design, develop, or test robotic applications.

Nanosystems Engineers

Design, develop, or supervise the production of materials, devices, or systems of unique molecular or macromolecular composition, applying principles of nanoscale physics and electrical, chemical, or biological engineering.

Wind Energy Engineers

Design underground or overhead wind farm collector systems and prepare and develop site specifications.

Solar Energy Systems Engineers

Perform site-specific engineering analysis or evaluation of energy efficiency and solar projects involving residential, commercial, or industrial customers. Design solar domestic hot water and space heating systems for new and existing structures, applying knowledge of structural energy requirements, local climates, solar technology, and thermodynamics.

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.