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

Public, Mankato MN · vs · Private nonprofit, Saint Paul MN

The verdict

Bethel University has the better ROI: it clears its 4-year net cost of $114,224 in 7.4 years versus 8.9 years at Minnesota State University-Mankato, on median earnings of $63,764 vs $56,922 ten years out. (Scorecard, 2026 · our math.)

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Head to head
MeasureMinnesota State University-MankatoBethel University
Net price / yr$19,139$28,556
Total net cost$76,556$114,224
Median earnings, 10 yrs$56,922$63,764
Median debt$21,106$21,500
Payback8.9 yrs7.4 yrs
20-year net return$94,684$193,856

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

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

Minnesota State University-Mankato, at $19,139 a year after aid versus $28,556 — a gap of $9,417 a year, or $37,668 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 Bethel University graduates earn more?

Bethel University graduates report a median $63,764 ten years after entry, $6,842 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 Bethel University?

Minnesota State University-Mankato: its completers carry a median $21,106 in federal loans versus $21,500 at Bethel University, a difference of $394. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

71% of students finish at Bethel University, against 54% at Minnesota State University-Mankato. 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 Bethel University: frequently asked questions

Is Minnesota State University-Mankato or Bethel University a better value?
Bethel University. It clears its $114,224 net cost in about 7.4 years versus 8.9 years at Minnesota State University-Mankato, on median earnings of $63,764 vs $56,922 ten years out.
Which is cheaper, Minnesota State University-Mankato or Bethel University?
Minnesota State University-Mankato: $19,139/yr net price after aid versus $28,556/yr at Bethel University — a difference of $9,417 a year, or about $37,668 over four years.
Do Minnesota State University-Mankato or Bethel University graduates earn more?
Bethel University graduates earn a median $63,764 ten years after entry, versus $56,922 at Minnesota State University-Mankato — a $6,842 gap. This blends every major, so a specific field can flip it.