Median Earnings (1yr)
$44,171
68th percentile
60th percentile in Minnesota
Median Debt
$27,000
4% above national median

Analysis

Minnesota State University-Mankato's teacher education program produces graduates who earn above both state and national medians right out of college, but the financial picture shifts by year four. New teachers here start at $44,171—about $1,700 above the state median and in the 68th percentile nationally. The debt load of $27,000 is manageable, translating to a debt-to-earnings ratio of 0.61, which means graduates would spend roughly 7 months of gross salary to repay their loans.

The challenge is what happens next: earnings drop to $41,039 by year four, a 7% decline that's unusual but not uncommon in teaching when graduates move between districts or take time off. This places the program in the 60th percentile within Minnesota—solidly above average but trailing institutions like Martin Luther College and UMN-Morris by $5,000-6,000. The earnings dip likely reflects typical teacher career patterns rather than program weakness, though it's worth noting that Minnesota's teacher salary structures vary significantly by district.

For families prioritizing stability and reasonable debt, this program delivers what you'd expect from a well-established state university education program. Your child would graduate with below-average debt and above-average starting prospects in a competitive field. Just understand that teaching salaries in Minnesota don't follow a simple upward trajectory, and that first-year number may represent the peak rather than the floor.

Where Minnesota State University-Mankato Stands

Earnings vs. debt across all teacher education and professional development, specific levels and methods 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$44,171$41,039-7%
University of Minnesota-Twin Cities$20,608$51,102+148%
University of St Thomas$42,819$47,276+10%
Gustavus Adolphus College$44,117$45,329+3%
Concordia College at Moorhead$44,195$44,319+0%

Compare to Similar Programs in Minnesota

Teacher Education and Professional Development, Specific Levels and Methods bachelors's programs at peer institutions in Minnesota (29 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Minnesota State University-MankatoMankato$9,490$44,171$41,039$27,0000.61
Martin Luther CollegeNew Ulm$17,770$46,706$38,575$21,5000.46
University of Minnesota-MorrisMorris$14,288$46,414$41,789$24,7670.53
Bethel UniversitySaint Paul$42,930$45,361$40,332$26,0000.57
Concordia College at MoorheadMoorhead$30,020$44,195$44,319$27,0000.61
Gustavus Adolphus CollegeSaint Peter$54,310$44,117$45,329$27,0000.61
National Median$41,809$26,0000.62

Career Paths

Occupations commonly associated with teacher education and professional development, specific levels and methods graduates

Education Teachers, Postsecondary

Teach courses pertaining to education, such as counseling, curriculum, guidance, instruction, teacher education, and teaching English as a second language. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Training and Development Specialists

Design or conduct work-related training and development programs to improve individual skills or organizational performance. May analyze organizational training needs or evaluate training effectiveness.

$65,850/yrJobs growth:Bachelor's degree

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

Middle School Teachers, Except Special and Career/Technical Education

Teach one or more subjects to students at the middle, intermediate, or junior high school level.

$62,970/yrJobs growth:Bachelor's degree

Kindergarten Teachers, Except Special Education

Teach academic and social skills to kindergarten students.

$62,310/yrJobs growth:Bachelor's degree

Elementary School Teachers, Except Special Education

Teach academic and social skills to students at the elementary school level.

$62,310/yrJobs growth:Bachelor's degree

Adult Basic Education, Adult Secondary Education, and English as a Second Language Instructors

Teach or instruct out-of-school youths and adults in basic education, literacy, or English as a Second Language classes, or in classes for earning a high school equivalency credential.

$59,950/yrJobs growth:Bachelor's degree

Preschool Teachers, Except Special Education

Instruct preschool-aged students, following curricula or lesson plans, in activities designed to promote social, physical, and intellectual growth.

$37,120/yrJobs growth:Associate's degree

Postsecondary Teachers, All Other

All postsecondary teachers not listed separately.

Self-Enrichment Teachers

Teach or instruct individuals or groups for the primary purpose of self-enrichment or recreation, rather than for an occupational objective, educational attainment, competition, or fitness.

Teachers and Instructors, All Other

All teachers and instructors not listed separately.

Teaching Assistants, Preschool, Elementary, Middle, and Secondary School, Except Special Education

Assist a preschool, elementary, middle, or secondary school teacher with instructional duties. Serve in a position for which a teacher has primary responsibility for the design and implementation of educational programs and services.

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 123 graduates with reported earnings and 141 graduates with debt data. Small samples may not be representative.