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Minnesota State University-Mankato vs Concordia College at Moorhead: which has better ROI?

Public, Mankato MN · vs · Private nonprofit, Moorhead 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 Concordia College at Moorhead, on median earnings of $56,922 vs $59,317 ten years out. (Scorecard, 2026 · our math.)

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Head to head
MeasureMinnesota State University-MankatoConcordia College at Moorhead
Net price / yr$19,139$24,902
Total net cost$76,556$99,608
Median earnings, 10 yrs$56,922$59,317
Median debt$21,106$26,847
Payback8.9 yrs9.1 yrs
20-year net return$94,684$119,532

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

Which is cheaper, Minnesota State University-Mankato or Concordia College at Moorhead?

Minnesota State University-Mankato, at $19,139 a year after aid versus $24,902 — a gap of $5,763 a year, or $23,052 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 Concordia College at Moorhead graduates earn more?

Concordia College at Moorhead graduates report a median $59,317 ten years after entry, $2,395 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 Concordia College at Moorhead?

Minnesota State University-Mankato: its completers carry a median $21,106 in federal loans versus $26,847 at Concordia College at Moorhead, a difference of $5,741. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

61% of students finish at Concordia College at Moorhead, 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 Concordia College at Moorhead: frequently asked questions

Is Minnesota State University-Mankato or Concordia College at Moorhead a better value?
Minnesota State University-Mankato. It clears its $76,556 net cost in about 8.9 years versus 9.1 years at Concordia College at Moorhead, on median earnings of $56,922 vs $59,317 ten years out.
Which is cheaper, Minnesota State University-Mankato or Concordia College at Moorhead?
Minnesota State University-Mankato: $19,139/yr net price after aid versus $24,902/yr at Concordia College at Moorhead — a difference of $5,763 a year, or about $23,052 over four years.
Do Minnesota State University-Mankato or Concordia College at Moorhead graduates earn more?
Concordia College at Moorhead graduates earn a median $59,317 ten years after entry, versus $56,922 at Minnesota State University-Mankato — a $2,395 gap. This blends every major, so a specific field can flip it.