Degree Dividend
Sourced from federal dataEvery figure datedNo rankings for sale

Minnesota State University-Mankato — ROI, Cost & Payback

Public · Mankato, MN · 11,703 students

The verdict

Minnesota State University-Mankato charges a net price of $19,139/yr after aid — a 4-year total of $76,556. Graduates earn a median $56,922 ten years after entry, $8,562/yr above the $48,360 high-school baseline, clearing the total in 8.9 years — a 20-year net return of $94,684, a solid payback. (Scorecard, 2026 · our math.)

Share

Minnesota State University-Mankato's 8.9-year payback ranks #735 of 1,280 US colleges we track — better ROI than 43% of them, and #24 of 68 in Minnesota.

Better ROI than 43% of US colleges#735 of 1,280
Weakest ROIStrongest ROI
$19,139
Net price / yr
Scorecard, 2026
$56,922
Median earnings, 10 yrs
Scorecard, 2026
8.9 yrs
Payback
Our math, 2026
88%
Admission rate
Scorecard, 2026
Minnesota State University-Mankato: cost, earnings and payback
MeasureValueSource
Net price (after aid)$19,139/yrScorecard, 2026
Total net cost (4 yrs)$76,556our math
Median earnings, 10 yrs after entry$56,922Scorecard, 2026
Earnings premium over HS baseline$8,562/yrour math
Median debt (completers)$21,106Scorecard, 2026
Payback8.9 yrsour math
20-year net return$94,684our math

College Scorecard (2026 release), institution-level · payback and returns are our math.

The arithmetic, on Minnesota State University-Mankato's own numbers. Net price $19,139 × 4 years = $76,556 total. Median earnings $56,922 − the $48,360 high-school baseline = $8,562 a year of premium. $76,556 ÷ $8,562 = 8.9 years to break even; twenty years of that premium minus the cost leaves $94,684. Future dollars are not discounted, and the earnings figure blends every major here — your programme can beat or miss it. Full method.

How much debt do Minnesota State University-Mankato students graduate with?

A median $21,106 in federal loans among completers, or 37% of the $56,922 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.

What share of Minnesota State University-Mankato students graduate?

54% finish their degree — 46% leave carrying the cost without the credential. Spread the $76,556 bill across that completion rate and the cohort pays $141,770 per graduate produced — our math, and the figure a payback number never shows.

Is Minnesota State University-Mankato expensive compared with other Minnesota colleges?

Its $19,139 net price runs $2,319 above the $16,821 median across the 68 Minnesota colleges we profile, or $9,274 more across the full degree.

Minnesota State University-Mankato: frequently asked questions

Is Minnesota State University-Mankato worth the cost?
On the numbers, yes. Minnesota State University-Mankato charges $19,139/yr after aid ($76,556 over 4 years), and graduates earn a median $56,922 ten years out — $8,562/yr above the $48,360 high-school baseline. That clears the cost in 8.9 years and returns $94,684 net over 20 years, a solid payback.
How long does a Minnesota State University-Mankato degree take to pay off?
About 8.9 years. We divide the $76,556 four-year net cost by the $8,562/yr earnings premium over the high-school baseline. It is a floor, not a ceiling — mid-career raises pay it back faster.
How much does Minnesota State University-Mankato cost after financial aid?
The median net price is $19,139/yr — about $76,556 over 4 years. That is what the typical aided student actually pays after grants and scholarships, not the published sticker price.
How does Minnesota State University-Mankato compare to other Minnesota colleges?
It ranks #24 of 68 Minnesota colleges we track by payback. Its $56,922 median earnings beat the national median of $43,549, and its $19,139 net price is above the national median of $16,902.