Median Earnings (1yr)
$39,186
87th percentile (60th in MN)
Median Debt
$27,000
12% above national median
Debt-to-Earnings
0.69
Manageable
Sample Size
27
Limited data

Analysis

Minnesota State University-Mankato's history program significantly outperforms most programs nationally, placing graduates in the 87th percentile for earnings—nearly $8,000 above the national median. The $39,186 starting salary lands right at Minnesota's state median, suggesting this program delivers solid middle-of-the-pack outcomes for the region. Perhaps more importantly, graduates carry just $27,000 in debt, which lands in the 5th percentile nationally (meaning 95% of programs burden students with more). This debt level is actually below the state average and creates a manageable 0.69 debt-to-earnings ratio.

The earnings trajectory shows modest but steady growth to $42,443 by year four—not dramatic, but enough to keep pace with UMN-Duluth graduates who start slightly higher. For an accessible state university with a 91% admission rate, these outcomes compare favorably to more selective options. The University of Minnesota-Twin Cities may offer more prestige, but their history grads actually earn less initially.

The main caveat here is sample size—fewer than 30 graduates means these numbers could shift year to year. Still, the combination of strong national performance, reasonable debt, and earnings that match the state standard makes this a financially sensible choice for Minnesota families. You're getting competitive outcomes without the debt burden that typically accompanies history degrees.

Where Minnesota State University-Mankato Stands

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

Minnesota State University-MankatoOther history 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 $39k, placing them in the 87th percentile of all history 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

History bachelors's programs at peer institutions in Minnesota (28 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Minnesota State University-Mankato$39,186$42,443$27,0000.69
University of Minnesota-Duluth$42,297—$26,7430.63
University of Minnesota-Twin Cities$26,635$43,487$19,5000.73
National Median$31,220—$24,0000.77

Other History Programs in Minnesota

Compare tuition, earnings, and debt across Minnesota schools

SchoolIn-State TuitionEarnings (1yr)Debt
University of Minnesota-Duluth
Duluth
$14,318$42,297$26,743
University of Minnesota-Twin Cities
Minneapolis
$16,488$26,635$19,500

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 27 graduates with reported earnings and 27 graduates with debt data. Small samples may not be representative.