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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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $9,490 | $57,166* | — | $21,498* | — | |
| $56,970 | $58,825* | $72,810 | $23,000* | 0.39 | |
| $16,488 | $58,153* | $72,102 | $22,095* | 0.38 | |
| $64,908 | $57,166* | — | $22,483* | 0.39 | |
| $14,318 | $55,482* | $65,774 | $23,975* | 0.43 | |
| $43,942 | $54,387* | — | $26,452* | 0.49 | |
| National Median | — | $48,772* | — | $21,500* | 0.44 |
Career Paths
Occupations commonly associated with mathematics graduates
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Data Scientists
Business Intelligence Analysts
Clinical Data Managers
Mathematicians
Statisticians
Biostatisticians
Mathematical Science Teachers, Postsecondary
Secondary School Teachers, Except Special and Career/Technical Education
Mathematical Science Occupations, All Other
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.