Degree Dividend
Sourced from federal dataEvery figure datedNo rankings for sale

Minnesota State University-Mankato vs Augsburg University: which has better ROI?

Public, Mankato MN · vs · Private nonprofit, Minneapolis MN

The verdict

Minnesota State University-Mankato has the better ROI: it clears its 4-year net cost of $76,556 in 8.9 years versus 9.1 years at Augsburg University, on median earnings of $56,922 vs $58,829 ten years out. (Scorecard, 2026 · our math.)

Share
Head to head
MeasureMinnesota State University-MankatoAugsburg University
Net price / yr$19,139$23,873
Total net cost$76,556$95,492
Median earnings, 10 yrs$56,922$58,829
Median debt$21,106$25,347
Payback8.9 yrs9.1 yrs
20-year net return$94,684$113,888

College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.

Which is cheaper, Minnesota State University-Mankato or Augsburg University?

Minnesota State University-Mankato, at $19,139 a year after aid versus $23,873 — a gap of $4,734 a year, or $18,936 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Minnesota State University-Mankato or Augsburg University graduates earn more?

Augsburg University graduates report a median $58,829 ten years after entry, $1,907 more than the $56,922 at Minnesota State University-Mankato. Both are institution-wide medians from federal tax records, so a high-paying major at the lower school can beat the average at the higher one.

Which leaves students with less debt, Minnesota State University-Mankato or Augsburg University?

Minnesota State University-Mankato: its completers carry a median $21,106 in federal loans versus $25,347 at Augsburg University, a difference of $4,241. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

54% of students finish at Minnesota State University-Mankato, against 52% at Augsburg University. Completion matters to the ROI arithmetic because a degree that is never finished still carries its cost and its debt, but earns none of the graduate premium above the $48,360 high-school baseline.

Minnesota State University-Mankato vs Augsburg University: frequently asked questions

Is Minnesota State University-Mankato or Augsburg University a better value?
Minnesota State University-Mankato. It clears its $76,556 net cost in about 8.9 years versus 9.1 years at Augsburg University, on median earnings of $56,922 vs $58,829 ten years out.
Which is cheaper, Minnesota State University-Mankato or Augsburg University?
Minnesota State University-Mankato: $19,139/yr net price after aid versus $23,873/yr at Augsburg University — a difference of $4,734 a year, or about $18,936 over four years.
Do Minnesota State University-Mankato or Augsburg University graduates earn more?
Augsburg University graduates earn a median $58,829 ten years after entry, versus $56,922 at Minnesota State University-Mankato — a $1,907 gap. This blends every major, so a specific field can flip it.