College ROI

Smarter Choices, Brighter Futures
Back to Colleges

Minnesota State University-Mankato

Mankato, MN 11,703 Undergrads 58.3% Grad Rate
School Website|Financial Calculator
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Total Cost
$25,448
Sticker Price
Avg Net Price
$19,702
After Aid
Median Earnings
$65,550
5yr Post-Grad

Vs. Peer Institutions

Net Price$19,702
Peer Midpoint: $19,969
Earnings (5yr Post-Grad)Completers only after graduation
$65,550
Peer Midpoint: $61,632
Earnings (10yr Post-Enroll)All enrolled after enrollment
$61,916
Peer Midpoint: $58,891
Graduation Rate58.3%
Peer Midpoint: 58.9%
Average starting age (2015-17)21.3
Socio-Economic Diversity
Pell Grant Recipients26.4%
Enrollment Status
Full-Time85.6%
Economic Outcomes
Earn More than HS81.0%

Admissions Profile

Acceptance
88.4%
SAT Avg
1,150
SAT Reading
25th: --75th: -
SAT Math
25th: --75th: -
ACT Composite
25th: 212375th: 25

ROI Sensitivity Analysis
Assuming 4 Years to Graduation

This analysis tests three cost scenarios (Scholarship, Average Net Price, Full Sticker Price) to show how college costs impact your long-term return compared to the average student and a high school graduate.

Lifetime Value Added (NPV)

Institution Lifetime NPV
Vs Median Peer
Vs HS Grad
Zero Cost (Scholarship)$0
+$573k
+$103k
+$86k
Median Cost$20k/yr
+$502k
+$32k
+$16k
Full Cost$25k/yr
+$481k
+$11k
-$5k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
33
∞
Median Cost$20k/yr
53
22%
Full Cost$25k/yr
Never
-6%
Analysis Assumptions:
  • Starting Salary: Estimated from the median earnings five years after graduating, with four years of 2% raises taken out.
  • Comparisons: "Vs Median Peer" compares to the median student nationwide in a similar level program. "Vs HS Grad" compares to a median high school graduate.
  • Break-Even: The age at which the college investment net income exceeds the median high school graduate's lifetime earnings.
  • NPV: Net Present Value of all future earnings minus costs and taxes, discounted at 7.8%.

Social Impact ROINew

Measures the societal return on a donor's investment. Calculated as the incremental pre-tax lifetime earnings vs. HS grad, divided by the tax-adjusted donation cost.

Donor Return85%

Gov. Pell Grant ROINew

Measures the government's return on Pell Grants via increased tax revenue. Calculated as the portion of incremental lifetime taxes (discounted at 5.4%) attributed to the Pell Grant investment.

Taxpayer Return-29%

Program ROI Analysis

These figures are medians for past graduates who received federal aid. Your cost and pay will differ. Run your own numbers in the Guided ROI Interview →

Certificates

Anthropology
CertCIP: 4502
Median Debt
-
Earnings (4yr)
-
Natl Median: $45,283
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$51,079
Natl Median: $47,440
Lifetime Value Added
+$86k
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Median Debt
-
Earnings (4yr)
-
Natl Median: $56,556
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $50,162
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $52,615
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $57,315
Lifetime Value Added
N/A
Median Debt
$14,000
Earnings (4yr)
$59,174
Natl Median: $58,705
Lifetime Value Added
+$171k
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Median Debt
-
Earnings (4yr)
-
Natl Median: $63,448
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $84,309
Lifetime Value Added
N/A
Median Debt
$16,438
Earnings (4yr)
$51,245
Natl Median: $34,631
Lifetime Value Added
+$88k
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Associate's Degrees

Median Debt
$10,500
Earnings (4yr)
$45,379
Natl Median: $44,125
Lifetime Value Added
-$34k
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Bachelor's Degrees

Median Debt
$19,750
Earnings (4yr)
$73,726
Natl Median: $76,194
Lifetime Value Added
+$89k
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Air Transportation
BachCIP: 4901
Median Debt
$21,500
Earnings (4yr)
$103,858
Natl Median: $85,825
Lifetime Value Added
+$319k
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Anthropology
BachCIP: 4502
Median Debt
-
Earnings (4yr)
-
Natl Median: $46,676
Lifetime Value Added
N/A
Area Studies
BachCIP: 0501
Median Debt
-
Earnings (4yr)
-
Natl Median: $56,625
Lifetime Value Added
N/A
Arts, Entertainment, and Media Management
BachCIP: 5010
Median Debt
-
Earnings (4yr)
-
Natl Median: $48,240
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $44,889
Lifetime Value Added
N/A
Median Debt
-
Earnings (2yr)
$33,993
Natl Median: $65,466
Lifetime Value Added
-$227k
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Biology, General
BachCIP: 2601
Median Debt
$21,174
Earnings (4yr)
$60,198
Natl Median: $57,214
Lifetime Value Added
-$17k
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Biotechnology
BachCIP: 2612
Median Debt
-
Earnings (4yr)
-
Natl Median: $67,097
Lifetime Value Added
N/A
Median Debt
$19,500
Earnings (4yr)
$70,486
Natl Median: $68,257
Lifetime Value Added
+$64k
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Chemistry
BachCIP: 4005
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,120
Lifetime Value Added
N/A
Civil Engineering
BachCIP: 1408
Median Debt
$28,500
Earnings (4yr)
$74,989
Natl Median: $86,517
Lifetime Value Added
+$99k
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Median Debt
-
Earnings (5yr)
$76,229
Natl Median: $75,975
Lifetime Value Added
+$97k
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Cognitive Science
BachCIP: 3025
Median Debt
-
Earnings (4yr)
-
Natl Median: $81,496
Lifetime Value Added
N/A
Median Debt
$19,500
Earnings (4yr)
$56,119
Natl Median: $56,359
Lifetime Value Added
-$51k
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Median Debt
$15,000
Earnings (4yr)
$55,396
Natl Median: $58,928
Lifetime Value Added
-$57k
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Median Debt
$23,125
Earnings (4yr)
$95,398
Natl Median: $92,374
Lifetime Value Added
+$255k
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Median Debt
-
Earnings (2yr)
$50,856
Natl Median: $83,742
Lifetime Value Added
-$77k
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Median Debt
-
Earnings (4yr)
-
Natl Median: $109,015
Lifetime Value Added
N/A
Median Debt
$19,500
Earnings (4yr)
$102,090
Natl Median: $95,124
Lifetime Value Added
+$306k
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Median Debt
$20,500
Earnings (4yr)
$64,585
Natl Median: $55,378
Lifetime Value Added
+$18k
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Dance
BachCIP: 5003
Median Debt
-
Earnings (4yr)
$37,959
Natl Median: $39,980
Lifetime Value Added
-$205k
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Median Debt
$16,125
Earnings (4yr)
$72,882
Natl Median: $68,061
Lifetime Value Added
+$83k
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Median Debt
$22,819
Earnings (4yr)
$32,199
Natl Median: $39,775
Lifetime Value Added
-$255k
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Economics
BachCIP: 4506
Median Debt
-
Earnings (4yr)
$80,795
Natl Median: $82,686
Lifetime Value Added
+$143k
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Median Debt
-
Earnings (4yr)
$85,655
Natl Median: $100,647
Lifetime Value Added
+$180k
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Electrical/Electronic Engineering Technologies/Technicians
BachCIP: 1503
Median Debt
-
Earnings (4yr)
-
Natl Median: $84,599
Lifetime Value Added
N/A
Median Debt
$17,450
Earnings (4yr)
$82,903
Natl Median: $89,359
Lifetime Value Added
+$159k
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Median Debt
-
Earnings (4yr)
$45,688
Natl Median: $48,590
Lifetime Value Added
-$138k
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Median Debt
-
Earnings (4yr)
$50,694
Natl Median: $51,710
Lifetime Value Added
-$96k
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Median Debt
$20,500
Earnings (4yr)
$52,041
Natl Median: $48,460
Lifetime Value Added
-$85k
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Median Debt
-
Earnings (4yr)
-
Natl Median: $43,765
Lifetime Value Added
N/A
Median Debt
$21,275
Earnings (4yr)
$74,852
Natl Median: $83,343
Lifetime Value Added
+$98k
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Median Debt
$24,122
Earnings (4yr)
$47,822
Natl Median: $41,367
Lifetime Value Added
-$120k
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Median Debt
-
Earnings (4yr)
-
Natl Median: $70,873
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$56,022
Natl Median: $57,853
Lifetime Value Added
-$51k
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Median Debt
-
Earnings (4yr)
-
Natl Median: $60,190
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $55,459
Lifetime Value Added
N/A
History
BachCIP: 5401
Median Debt
$19,500
Earnings (4yr)
$52,550
Natl Median: $50,680
Lifetime Value Added
-$80k
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Median Debt
$18,842
Earnings (4yr)
$59,187
Natl Median: $68,069
Lifetime Value Added
-$25k
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Median Debt
-
Earnings (4yr)
$83,115
Natl Median: $80,890
Lifetime Value Added
+$161k
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Median Debt
-
Earnings (4yr)
$68,079
Natl Median: $73,201
Lifetime Value Added
+$46k
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Median Debt
-
Earnings (2yr)
$39,369
Natl Median: $66,596
Lifetime Value Added
-$179k
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Median Debt
-
Earnings (4yr)
-
Natl Median: $53,072
Lifetime Value Added
N/A
Literature
BachCIP: 2314
Median Debt
-
Earnings (4yr)
-
Natl Median: $46,173
Lifetime Value Added
N/A
Marketing
BachCIP: 5214
Median Debt
$23,700
Earnings (4yr)
$68,772
Natl Median: $69,303
Lifetime Value Added
+$51k
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Mathematics
BachCIP: 2701
Median Debt
-
Earnings (4yr)
$70,257
Natl Median: $69,562
Lifetime Value Added
+$63k
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Median Debt
$19,500
Earnings (4yr)
$80,482
Natl Median: $82,073
Lifetime Value Added
+$141k
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Median Debt
$25,169
Earnings (4yr)
$85,286
Natl Median: $92,135
Lifetime Value Added
+$177k
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Median Debt
$21,532
Earnings (4yr)
$57,266
Natl Median: $52,119
Lifetime Value Added
-$41k
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Median Debt
-
Earnings (4yr)
-
Natl Median: $50,532
Lifetime Value Added
N/A
Median Debt
$21,500
Earnings (4yr)
$52,001
Natl Median: $55,693
Lifetime Value Added
-$85k
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Music
BachCIP: 5009
Median Debt
-
Earnings (4yr)
-
Natl Median: $42,892
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$65,513
Natl Median: $55,012
Lifetime Value Added
+$25k
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Median Debt
$25,000
Earnings (4yr)
$54,532
Natl Median: $50,468
Lifetime Value Added
-$64k
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Philosophy
BachCIP: 3801
Median Debt
-
Earnings (4yr)
-
Natl Median: $54,455
Lifetime Value Added
N/A
Physics
BachCIP: 4008
Median Debt
-
Earnings (4yr)
-
Natl Median: $76,786
Lifetime Value Added
N/A
Median Debt
$24,158
Earnings (4yr)
$59,997
Natl Median: $63,293
Lifetime Value Added
-$19k
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Psychology, General
BachCIP: 4201
Median Debt
$19,500
Earnings (4yr)
$52,859
Natl Median: $50,706
Lifetime Value Added
-$78k
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Median Debt
$12,639
Earnings (4yr)
$82,429
Natl Median: $88,910
Lifetime Value Added
+$156k
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Median Debt
-
Earnings (4yr)
-
Natl Median: $48,471
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$55,905
Natl Median: $55,000
Lifetime Value Added
-$52k
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Median Debt
-
Earnings (4yr)
-
Natl Median: $53,366
Lifetime Value Added
N/A
Social Work
BachCIP: 4407
Median Debt
$21,057
Earnings (4yr)
$56,858
Natl Median: $51,790
Lifetime Value Added
-$45k
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Sociology
BachCIP: 4511
Median Debt
-
Earnings (4yr)
$51,618
Natl Median: $52,657
Lifetime Value Added
-$88k
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Median Debt
$20,982
Earnings (4yr)
$51,630
Natl Median: $50,499
Lifetime Value Added
-$88k
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Sports, Kinesiology, and Physical Education/Fitness
BachCIP: 3105
Median Debt
$19,500
Earnings (4yr)
$57,506
Natl Median: $54,562
Lifetime Value Added
-$39k
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Statistics
BachCIP: 2705
Median Debt
-
Earnings (4yr)
-
Natl Median: $92,425
Lifetime Value Added
N/A
Median Debt
$19,500
Earnings (4yr)
$48,632
Natl Median: $47,382
Lifetime Value Added
-$113k
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Median Debt
$22,242
Earnings (4yr)
$50,337
Natl Median: $51,389
Lifetime Value Added
-$99k
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Median Debt
-
Earnings (2yr)
$43,128
Natl Median: $62,532
Lifetime Value Added
-$145k
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Master's Degrees

Median Debt
-
Earnings (4yr)
$88,187
Natl Median: $95,833
Lifetime Value Added
+$102k
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Median Debt
-
Earnings (4yr)
-
Natl Median: $127,347
Lifetime Value Added
N/A
Anthropology
MastCIP: 4502
Median Debt
-
Earnings (4yr)
-
Natl Median: $61,276
Lifetime Value Added
N/A
Biology, General
MastCIP: 2601
Median Debt
-
Earnings (4yr)
-
Natl Median: $69,830
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$125,059
Natl Median: $103,485
Lifetime Value Added
+$423k
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Median Debt
-
Earnings (4yr)
-
Natl Median: $79,665
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$99,934
Natl Median: $65,184
Lifetime Value Added
+$204k
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Median Debt
-
Earnings (4yr)
$60,662
Natl Median: $71,953
Lifetime Value Added
-$143k
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Median Debt
$30,363
Earnings (4yr)
$62,812
Natl Median: $67,030
Lifetime Value Added
-$123k
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Median Debt
-
Earnings (4yr)
-
Natl Median: $124,201
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $66,714
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $49,978
Lifetime Value Added
N/A
Education, General
MastCIP: 1301
Median Debt
-
Earnings (4yr)
$65,106
Natl Median: $65,824
Lifetime Value Added
-$102k
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Median Debt
-
Earnings (4yr)
$83,189
Natl Median: $71,685
Lifetime Value Added
+$58k
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Median Debt
-
Earnings (4yr)
$75,574
Natl Median: $70,644
Lifetime Value Added
-$9k
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Median Debt
-
Earnings (4yr)
-
Natl Median: $125,651
Lifetime Value Added
N/A
Median Debt
$20,500
Earnings (5yr)
$63,930
Natl Median: $55,512
Lifetime Value Added
-$124k
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Median Debt
-
Earnings (4yr)
-
Natl Median: $62,705
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $49,079
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $79,784
Lifetime Value Added
N/A
Health Professions Education, Ethics, and Humanities
MastCIP: 5132
Median Debt
-
Earnings (4yr)
-
Natl Median: $100,487
Lifetime Value Added
N/A
History
MastCIP: 5401
Median Debt
-
Earnings (4yr)
-
Natl Median: $55,360
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $58,524
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $57,050
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $89,051
Lifetime Value Added
N/A
Mathematics
MastCIP: 2701
Median Debt
-
Earnings (4yr)
-
Natl Median: $72,654
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $75,122
Lifetime Value Added
N/A
Music
MastCIP: 5009
Median Debt
-
Earnings (4yr)
-
Natl Median: $48,285
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $74,607
Lifetime Value Added
N/A
Outdoor Education
MastCIP: 3106
Median Debt
-
Earnings (2yr)
$39,009
Natl Median: $59,399
Lifetime Value Added
-$337k
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Physics
MastCIP: 4008
Median Debt
-
Earnings (4yr)
-
Natl Median: $96,478
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $67,681
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $81,408
Lifetime Value Added
N/A
Public Health
MastCIP: 5122
Median Debt
-
Earnings (4yr)
-
Natl Median: $82,751
Lifetime Value Added
N/A
Median Debt
-
Earnings (5yr)
$119,710
Natl Median: $120,193
Lifetime Value Added
+$356k
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Median Debt
-
Earnings (4yr)
-
Natl Median: $71,416
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$53,250
Natl Median: $55,035
Lifetime Value Added
-$213k
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Median Debt
-
Earnings (4yr)
-
Natl Median: $60,728
Lifetime Value Added
N/A
Social Work
MastCIP: 4407
Median Debt
$28,920
Earnings (4yr)
$71,402
Natl Median: $65,123
Lifetime Value Added
-$46k
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Sociology
MastCIP: 4511
Median Debt
-
Earnings (4yr)
-
Natl Median: $63,330
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$62,401
Natl Median: $64,397
Lifetime Value Added
-$127k
Try this program with your own numbers →
Sports, Kinesiology, and Physical Education/Fitness
MastCIP: 3105
Median Debt
$20,500
Earnings (4yr)
$60,121
Natl Median: $62,033
Lifetime Value Added
-$148k
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Statistics
MastCIP: 2705
Median Debt
-
Earnings (4yr)
-
Natl Median: $123,816
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$52,554
Natl Median: $60,111
Lifetime Value Added
-$220k
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Median Debt
$17,850
Earnings (4yr)
$58,922
Natl Median: $59,916
Lifetime Value Added
-$159k
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Median Debt
-
Earnings (4yr)
$59,887
Natl Median: $63,707
Lifetime Value Added
-$150k
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Median Debt
-
Earnings (4yr)
-
Natl Median: $79,634
Lifetime Value Added
N/A

Graduate Certificates

Median Debt
$20,500
Earnings (4yr)
-
Natl Median: $82,363
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $72,959
Lifetime Value Added
N/A
History
Gr-CertCIP: 5401
Median Debt
-
Earnings (4yr)
-
Natl Median: $64,756
Lifetime Value Added
N/A
Median Debt
$30,779
Earnings (4yr)
-
Natl Median: $69,147
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $63,709
Lifetime Value Added
N/A
Median Debt
$17,477
Earnings (4yr)
-
Natl Median: $69,444
Lifetime Value Added
N/A

Doctoral Degrees

Median Debt
-
Earnings (4yr)
-
Natl Median: $99,878
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $100,573
Lifetime Value Added
N/A
Median Debt
$55,988
Earnings (4yr)
-
Natl Median: $138,131
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $83,794
Lifetime Value Added
N/A

Professional Degrees

Median Debt
$39,259
Earnings (4yr)
$98,373
Natl Median: $78,026
Lifetime Value Added
+$12k
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Note: Lifetime Value Added is the Net Present Value (NPV) of estimated career earnings relative to a median high school graduate (for undergraduate programs) or a median bachelor's degree holder (for graduate programs), accounting for this institution's average cost and taxes. Computed over a career to retirement age.

For graduate programs (Master's, Doctoral, etc.), the calculation assumes a starting age of 22 (after undergraduate completion) and does not include the sunk costs of prior degrees. It represents the value added of the graduate decision moving forward. Note that the institution's average undergraduate net price is used as a proxy for annual cost, which may differ from actual graduate tuition. These Lifetime Value Added results for graduate degrees should not be compared with those for Undergraduate Certificates, Associates or Bachelors.

Completers Only: Federal median earnings data strictly reflects outcomes for students who successfully graduated. Students who do not complete their degree typically earn significantly less and face higher risks of debt default.