Minnesota State University-Mankato Electrical Engineering: earnings, debt & careers

Electrical Engineering graduates of Minnesota State University-Mankato earn a median $85,655 four years after graduating ($71,676 after one year), with median federal loan debt of $28,500. That is $13,042 below the U.S. median for Electrical Engineering graduates ($98,697 across 257 colleges), and ranks 5th of 5 Minnesota colleges.

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Earnings, 4 years after graduating
$85,655

U.S. median for this major: $98,697.

College Scorecard field of study; 17 graduates with earnings reported. A small group, so treat this figure with caution

Earnings, 1 year after
$71,676

Median for graduates who received federal aid.

College Scorecard field of study

Median debt at graduation
$28,500

About 33% of median earnings 4 years out. U.S. median $25,000.

College Scorecard field of study (federal loans)

What your family pays
$19,139 /yr

Average after grants for all families receiving federal aid. Pick your income above.

Sticker price $23,995. College Scorecard.

Minnesota State University-Mankato Electrical Engineering: pay against the field, and payback

Same major, other colleges

Minnesota State University-Mankato graduates$85,655
Minnesota median (5 colleges)$90,009 (−$4,354)
U.S. median (257 colleges)$98,697 (−$13,042)

Median earnings 4 years after graduating; state and U.S. figures are the median of each covered college's graduates in this major. College Scorecard; calculated by EducationGuide.

Electrical Engineering nationally: jobs, pay at ages 25-34, every state →

Cost to finish and years to pay back, by income

Uses Minnesota State University-Mankato's school-wide net price (no college reports it by major) and this major's graduate earnings.

Family incomeNet price / yrCost to finishYears to pay back
$0–30k$12,339$55,2791.2 years
$30–48k$12,750$57,1201.2 years
$48–75k$15,137$67,8141.4 years
$75–110k$18,921$84,7661.8 years
$110k+$22,798$102,1352.2 years

Cost to finish = yearly price × 4.5 years, the average time graduates took (33% finished in 4 years; students who entered fall 2017, IPEDS). Years to pay back = cost to finish ÷ the earnings gain: median earnings of Electrical Engineering graduates 4 years after graduating ($85,655) minus $38,184 for high school graduates ages 25-34 in MN (Census ACS 2020-2024), a gain of $47,471 a year. Before taxes, loan interest and earnings given up while in school. Method

College Scorecard; IPEDS Graduation Rates; U.S. Census Bureau ACS. Calculated by EducationGuide.

Electrical Engineering at Minnesota colleges

Every Minnesota college we cover that reports Electrical Engineering graduate earnings, highest first. Net price is the school-wide average after grants.

RankCollegeEarnings, 4 yrsMedian debtAvg. net priceGraduation
1University of Minnesota-Twin Cities$97,575$17,998$16,77885%
2University of St Thomas$93,981$27,000$29,15576%
3Saint Cloud State University$90,009$30,088$13,52940%
4University of Minnesota-Duluth$88,305$26,471$18,74365%
5Minnesota State University-Mankato$85,655$28,500$19,13954%

2 more Minnesota colleges offer Electrical Engineering but have too few graduates to report earnings.

Careers for Electrical Engineering graduates

Electrical engineer

Mankato area$98,430
Minnesota$109,510
U.S.$120,630

Median annual wage, all workers. U.S. jobs +9.9% by 2035. Typical entry: bachelor's degree.

Architectural and Engineering Managers

Mankato area$158,750
Minnesota$172,130
U.S.$171,270

Median annual wage, all workers. U.S. jobs +5.5% by 2035. Typical entry: bachelor's degree.

Computer Hardware Engineers

Minnesota$134,300
U.S.$161,740

Median annual wage, all workers. U.S. jobs +9.1% by 2035. Typical entry: bachelor's degree.

BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35. Careers from the federal major-to-occupation crosswalk.

What families pay at Minnesota State University-Mankato, by income

School-wide average after grants for students receiving federal aid. Tap your band.

College Scorecard

About Minnesota State University-Mankato

Related majors at Minnesota State University-Mankato

Minnesota State University-Mankato Electrical Engineering questions

How much do Minnesota State University-Mankato Electrical Engineering graduates earn?

Electrical Engineering graduates of Minnesota State University-Mankato earn a median $85,655 four years after graduating and $71,676 one year after. The U.S. median for Electrical Engineering graduates across 257 colleges is $98,697.

How much debt do Minnesota State University-Mankato Electrical Engineering graduates have?

The median federal loan debt for Electrical Engineering graduates of Minnesota State University-Mankato is $28,500, about 33% of their median earnings four years out. Nationally the median is $25,000.

Is Minnesota State University-Mankato a good school for Electrical Engineering in Minnesota?

On pay, Electrical Engineering graduates of Minnesota State University-Mankato earn $85,655 four years out, $4,354 below the median for the same major across 5 Minnesota colleges ($90,009) and $13,042 below the U.S. median ($98,697). Medians of each college's graduates; EducationGuide calculation from College Scorecard.

Where does Minnesota State University-Mankato rank for Electrical Engineering in Minnesota?

Of 5 Minnesota colleges reporting Electrical Engineering graduate earnings, Minnesota State University-Mankato ranks 5th. The highest is University of Minnesota-Twin Cities at $97,575.

What jobs do Electrical Engineering graduates get?

A common career is electrical engineer, with a median wage of $98,430 in the Mankato, MN area and $120,630 nationally. Others include architectural and engineering managers and computer hardware engineers.

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Sources: U.S. Department of Education College Scorecard (field of study: median earnings and federal loan debt of graduates who received federal aid); BLS. How we score
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Cite this: “Minnesota State University-Mankato Electrical Engineering: earnings, debt and careers,” EducationGuide.com, https://educationguide.com/colleges/minnesota-state-university-mankato/majors/electrical-engineering (College Scorecard and BLS data).