Median Earnings (1yr)
$68,919
38th percentile
60th percentile in Minnesota
Median Debt
$27,886
13% above national median

Analysis

Minnesota State-Mankato's mechanical engineering program costs students roughly $1,000 more in debt than its in-state competitors, yet delivers median earnings that match the state average. First-year graduates earn $68,919—about $2,000 less than the national median for mechanical engineering programs—but the program ranks in the 60th percentile statewide, meaning it outperforms several Minnesota alternatives. The key advantage here is debt: at $27,886, graduates carry obligations in just the 5th percentile nationally, giving them significantly more financial flexibility than typical engineering students elsewhere.

The 0.40 debt-to-earnings ratio tells the practical story—graduates owe less than half their first year's salary, a comfortable position that beats most engineering programs nationwide. Earnings climb 17% to $80,663 by year four, a solid trajectory that suggests employers value the program's graduates even if starting salaries lag slightly behind top-tier state schools like Minnesota-Twin Cities.

For families choosing between Minnesota engineering programs, this represents a middle-ground option: not the highest-earning pathway, but one that balances reasonable outcomes with manageable debt. The $5,000 salary gap compared to Twin Cities narrows over time, and the lower debt burden could easily offset that difference in net financial position within a few years after graduation.

Where Minnesota State University-Mankato Stands

Earnings vs. debt across all mechanical 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$68,919$80,663+17%
University of St Thomas$68,440$84,744+24%
University of Minnesota-Twin Cities$73,433$84,682+15%
University of Minnesota-Duluth$67,764$79,409+17%
Saint Cloud State University$70,179$78,056+11%

Compare to Similar Programs in Minnesota

Mechanical Engineering bachelors's programs at peer institutions in Minnesota (6 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Minnesota State University-MankatoMankato$9,490$68,919$80,663$27,8860.40
University of Minnesota-Twin CitiesMinneapolis$16,488$73,433$84,682$22,0770.30
Saint Cloud State UniversitySaint Cloud$10,117$70,179$78,056$27,0900.39
University of St ThomasSaint Paul$52,284$68,440$84,744$27,0000.39
University of Minnesota-DuluthDuluth$14,318$67,764$79,409$27,0000.40
National Median$70,744$24,7550.35

Career Paths

Occupations commonly associated with mechanical 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

Aerospace Engineers

Perform engineering duties in designing, constructing, and testing aircraft, missiles, and spacecraft. May conduct basic and applied research to evaluate adaptability of materials and equipment to aircraft design and manufacture. May recommend improvements in testing equipment and techniques.

$134,830/yrJobs growth:Bachelor's degree

Mechanical Engineers

Perform engineering duties in planning and designing tools, engines, machines, and other mechanically functioning equipment. Oversee installation, operation, maintenance, and repair of equipment such as centralized heat, gas, water, and steam systems.

$102,320/yrJobs growth:Bachelor's degree

Fuel Cell Engineers

Design, evaluate, modify, or construct fuel cell components or systems for transportation, stationary, or portable applications.

$102,320/yrJobs growth:Bachelor's degree

Automotive Engineers

Develop new or improved designs for vehicle structural members, engines, transmissions, or other vehicle systems, using computer-assisted design technology. Direct building, modification, or testing of vehicle or components.

$102,320/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:

Cost Estimators

Prepare cost estimates for product manufacturing, construction projects, or services to aid management in bidding on or determining price of product or service. May specialize according to particular service performed or type of product manufactured.

$77,070/yrJobs growth:Bachelor's degree
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 44 graduates with reported earnings and 42 graduates with debt data. Small samples may not be representative.