ROI Major

Electrical and Electronics Engineering at Minnesota State University, Mankato

MN · Bachelor's Degree · CIP 14.10

Apply Now Data: 2026 release

Executive Summary

Graduates with a Electrical and Electronics Engineering degree from Minnesota State University, Mankato earn a median salary of $94,389 within five years of graduation. Adjusted for the cost of living in MN, this represents a national purchasing power equivalent of $100,307. The degree typically pays for itself in 3.7 years.

Quick Insights

Solid Investment

How this degree looks at a glance

A fast read on salary range, break-even speed, living-cost impact, and where bachelor's graduates from this school usually land.

Salary Ranges

Starting Range

$81,403

Typical Career

$94,389

Top Performers

$107,201

Estimated break-even: 3.7 years.

Debt-to-Income Check

$629

Estimated comfortable monthly loan payment

Typical monthly pay is approximately $7,866. Most students can comfortably afford about a $629 monthly loan payment with this degree.

Comparison Bench

This degree earns 2.4x more than the average US high school graduate and 1.2x more than the average college graduate.

Purchasing Power Context

A dollar in Minnesota buys what costs $0.94 nationally.

Industry Breadcrumbs

Top industries for bachelor's graduates from this school: Health Care & Social Assistance, Educational Services, Manufacturing.

Where Bachelor's Graduates from This School Work

Health Care & Social Assistance 22.7%
Educational Services 14.4%
Manufacturing 9.1%

Institution-wide industry mix for bachelor's graduates, 5 years after graduation. This is not major-specific. Source: Census PSEO Flows.

5-Year Median Salary — National Purchasing Power Equivalent

$100,307

Nominal: $94,389 in Minnesota (COL 94.1% of national avg) · 6.3% higher purchasing power

10-Year Earnings Curve

Break-Even Timeline

How long until cumulative earnings advantage exceeds total college investment (tuition + opportunity cost vs. entering workforce directly after high school).

3.7 years to break even
Graduation 15 years

Total Investment

$155,168

4yr tuition + 4yr opportunity cost

HS Graduate Baseline

$38,792/yr

BLS 2023 median, HS diploma

View Raw Data: Median Earnings by Year
Timeframe 25th Pct. Median (50th) 75th Pct.
1 Year After Graduation $62,520 $73,167 $81,761
5 Years After Graduation $81,403 $94,389 $107,201
10 Years After Graduation $102,242 $122,926 $154,108

Source: US Census Bureau Post-Secondary Employment Outcomes (PSEO), 2025 release. Earnings shown for Bachelor's degree graduates (all cohorts combined).

How We Calculate Purchasing Power

The median salary of $94,389 is reported by the US Census Bureau's Post-Secondary Employment Outcomes (PSEO) dataset for graduates working in MN, which has a cost-of-living index of 94.1% of the national average.

Formula: Adjusted Salary = Nominal × (1.0 ÷ COL Index)
= $94,389 × (1.0 ÷ 0.9410) = $100,307 National Average equivalent.

COL index source: BLS Regional Consumer Price Index & MIT Living Wage Project, 2023. Full methodology →

Career Verdict

Graduates with a degree in Electrical and Electronics Engineering from Minnesota State University, Mankato, can expect a strong earnings trajectory. The median earnings one year after graduation stand at $73,167, which increases significantly to $94,389 five years post-graduation and reaches $122,926 after ten years. When adjusted for purchasing power, the five-year salary equivalent nationally is approximately $100,307.12, indicating that graduates maintain a competitive edge in earnings relative to national averages, especially given Minnesota's lower cost of living index.

The top industries for graduates include Health Care & Social Assistance (22.7%), Educational Services (14.4%), and Manufacturing (9.1%), reflecting a diverse range of opportunities. With an estimated break-even point of approximately 3.7 years compared to a high-school-only path, the return on investment for pursuing this degree appears favorable. This combination of solid earnings potential and varied industry entry points suggests that a degree in Electrical and Electronics Engineering is a sound choice for students considering their career options.

AI-assisted editorial analysis based on Census PSEO data. Fact-checked against source data.

Compare with Another School

See how the Electrical and Electronics Engineering degree at Minnesota State University, Mankato stacks up against another institution side-by-side.

Data sources: US Census Bureau Post-Secondary Employment Outcomes (PSEO). Cost-of-living index: BLS Regional CPI & MIT Living Wage Project. Cost of attendance: IPEDS. For informational use only; data may be suppressed for small cohort sizes.

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