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

Public, Mankato MN · vs · Public, Bemidji 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 11.3 years at Bemidji State University, on median earnings of $56,922 vs $53,755 ten years out. (Scorecard, 2026 · our math.)

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Head to head
MeasureMinnesota State University-MankatoBemidji State University
Net price / yr$19,139$15,261
Total net cost$76,556$61,044
Median earnings, 10 yrs$56,922$53,755
Median debt$21,106$19,750
Payback8.9 yrs11.3 yrs
20-year net return$94,684$46,856

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

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

Bemidji State University, at $15,261 a year after aid versus $19,139 — a gap of $3,878 a year, or $15,512 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 Bemidji State University graduates earn more?

Minnesota State University-Mankato graduates report a median $56,922 ten years after entry, $3,167 more than the $53,755 at Bemidji State University. 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 Bemidji State University?

Bemidji State University: its completers carry a median $19,750 in federal loans versus $21,106 at Minnesota State University-Mankato, a difference of $1,356. 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 48% at Bemidji State 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 Bemidji State University: frequently asked questions

Is Minnesota State University-Mankato or Bemidji State University a better value?
Minnesota State University-Mankato. It clears its $76,556 net cost in about 8.9 years versus 11.3 years at Bemidji State University, on median earnings of $56,922 vs $53,755 ten years out.
Which is cheaper, Minnesota State University-Mankato or Bemidji State University?
Bemidji State University: $15,261/yr net price after aid versus $19,139/yr at Minnesota State University-Mankato — a difference of $3,878 a year, or about $15,512 over four years.
Do Minnesota State University-Mankato or Bemidji State University graduates earn more?
Minnesota State University-Mankato graduates earn a median $56,922 ten years after entry, versus $53,755 at Bemidji State University — a $3,167 gap. This blends every major, so a specific field can flip it.