Est. Earnings (1yr)
$57,166
Est. from MN median (5 programs)
Est. Median Debt
$21,498
Est. from national median (201 programs)

Analysis

Based on comparable mathematics programs in Minnesota, this degree appears positioned right at the state median with first-year earnings around $57,000—meaningfully above the national benchmark of $48,772 for math bachelor's degrees. The estimated debt load of $21,500 creates a debt-to-earnings ratio of 0.38, suggesting graduates would owe roughly five months of their first-year salary, which is manageable territory for a STEM field.

What's worth noting is that Minnesota State-Mankato's estimated outcomes mirror those of more selective programs like Macalester College, despite Mankato's 91% admission rate making it far more accessible. The state's math programs cluster tightly in the $54,000-$58,000 range, suggesting Minnesota's job market for math graduates produces fairly consistent opportunities regardless of institutional prestige. The debt estimate sits slightly below both state and national medians, though remember these figures represent typical outcomes across peer institutions rather than verified data from Mankato specifically.

For parents evaluating this investment, the math looks reasonable on paper: the estimated earnings suggest graduates could comfortably manage the projected debt, and Minnesota's robust demand for quantitative skills appears to benefit graduates broadly. However, the lack of program-specific data means you're making this decision with less certainty than ideal. If your student is drawn to teaching or actuarial work—fields where Minnesota State has traditional strengths—the accessible price point and comparable projected outcomes to pricier alternatives make this worth serious consideration.

Where Minnesota State University-Mankato Stands

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

Compare to Similar Programs in Minnesota

Mathematics bachelors's programs at peer institutions in Minnesota (27 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Minnesota State University-MankatoMankato$9,490$57,166*$21,498*
St Olaf CollegeNorthfield$56,970$58,825*$72,810$23,000*0.39
University of Minnesota-Twin CitiesMinneapolis$16,488$58,153*$72,102$22,095*0.38
Macalester CollegeSaint Paul$64,908$57,166*$22,483*0.39
University of Minnesota-DuluthDuluth$14,318$55,482*$65,774$23,975*0.43
Augsburg UniversityMinneapolis$43,942$54,387*$26,452*0.49
National Median$48,772*$21,500*0.44
* Estimated from similar programs

Career Paths

Occupations commonly associated with mathematics graduates

Natural Sciences Managers

Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, mathematics, statistics, and research and development in these fields.

$161,180/yrJobs growth:Bachelor's degree

Clinical Research Coordinators

Plan, direct, or coordinate clinical research projects. Direct the activities of workers engaged in clinical research projects to ensure compliance with protocols and overall clinical objectives. May evaluate and analyze clinical data.

$161,180/yrJobs growth:Bachelor's degree

Water Resource Specialists

Design or implement programs and strategies related to water resource issues such as supply, quality, and regulatory compliance issues.

$161,180/yrJobs growth:Bachelor's degree

Data Scientists

Develop and implement a set of techniques or analytics applications to transform raw data into meaningful information using data-oriented programming languages and visualization software. Apply data mining, data modeling, natural language processing, and machine learning to extract and analyze information from large structured and unstructured datasets. Visualize, interpret, and report data findings. May create dynamic data reports.

$112,590/yrJobs growth:Bachelor's degree

Business Intelligence Analysts

Produce financial and market intelligence by querying data repositories and generating periodic reports. Devise methods for identifying data patterns and trends in available information sources.

$112,590/yrJobs growth:Bachelor's degree

Clinical Data Managers

Apply knowledge of health care and database management to analyze clinical data, and to identify and report trends.

$112,590/yrJobs growth:Bachelor's degree

Mathematicians

Conduct research in fundamental mathematics or in application of mathematical techniques to science, management, and other fields. Solve problems in various fields using mathematical methods.

$104,350/yrJobs growth:Master's degree

Statisticians

Develop or apply mathematical or statistical theory and methods to collect, organize, interpret, and summarize numerical data to provide usable information. May specialize in fields such as biostatistics, agricultural statistics, business statistics, or economic statistics. Includes mathematical and survey statisticians.

$104,350/yrJobs growth:Master's degree

Biostatisticians

Develop and apply biostatistical theory and methods to the study of life sciences.

$104,350/yrJobs growth:Master's degree

Mathematical Science Teachers, Postsecondary

Teach courses pertaining to mathematical concepts, statistics, and actuarial science and to the application of original and standardized mathematical techniques in solving specific problems and situations. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Secondary School Teachers, Except Special and Career/Technical Education

Teach one or more subjects to students at the secondary school level.

$64,580/yrJobs growth:Bachelor's degree

Mathematical Science Occupations, All Other

All mathematical scientists not listed separately.

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 median of 5 similar programs in MN. Actual outcomes may vary.