Median Earnings (1yr)
$44,171
68th percentile (60th in MN)
Median Debt
$27,000
4% above national median
Debt-to-Earnings
0.61
Manageable
Sample Size
123
Adequate data

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

Minnesota State University-MankatoOther teacher education and professional development, specific levels and methods 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 $44k, placing them in the 68th percentile of all teacher education and professional development, specific levels and methods 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

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

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Minnesota State University-Mankato$44,171$41,039$27,0000.61
Martin Luther College$46,706$38,575$21,5000.46
University of Minnesota-Morris$46,414$41,789$24,7670.53
Bethel University$45,361$40,332$26,0000.57
Concordia College at Moorhead$44,195$44,319$27,0000.61
Gustavus Adolphus College$44,117$45,329$27,0000.61
National Median$41,809—$26,0000.62

Other Teacher Education and Professional Development, Specific Levels and Methods Programs in Minnesota

Compare tuition, earnings, and debt across Minnesota schools

SchoolIn-State TuitionEarnings (1yr)Debt
Martin Luther College
New Ulm
$17,770$46,706$21,500
University of Minnesota-Morris
Morris
$14,288$46,414$24,767
Bethel University
Saint Paul
$42,930$45,361$26,000
Concordia College at Moorhead
Moorhead
$30,020$44,195$27,000
Gustavus Adolphus College
Saint Peter
$54,310$44,117$27,000

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.