ROI Major

Social Work at Minnesota State University, Mankato

MN · Bachelor's Degree · CIP 44.07

Data: 2026 release

Executive Summary

Graduates with a Social Work degree from Minnesota State University, Mankato earn a median salary of $57,082 within five years of graduation. Adjusted for the cost of living in MN, this represents a national purchasing power equivalent of $60,661. The degree typically pays for itself in 9.4 years.

Quick Insights

Slow Burn / High Debt Risk

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

$46,549

Typical Career

$57,082

Top Performers

$65,654

Estimated break-even: 9.4 years.

Debt-to-Income Check

$381

Estimated comfortable monthly loan payment

Typical monthly pay is approximately $4,757. Most students can comfortably afford about a $381 monthly loan payment with this degree.

Comparison Bench

This degree earns 1.5x more than the average US high school graduate and 0.7x 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

$60,661

Nominal: $57,082 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).

9.4 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 $31,394 $40,720 $49,325
5 Years After Graduation $46,549 $57,082 $65,654
10 Years After Graduation $51,158 $66,946 $81,329

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 $57,082 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)
= $57,082 × (1.0 ÷ 0.9410) = $60,661 National Average equivalent.

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

Career Verdict

Graduates from the Social Work program at Minnesota State University, Mankato experience a positive earnings trajectory over time. One year after graduation, the median earnings stand at $40,720, which increases to $57,082 after five years and reaches $66,946 after ten years. When adjusted for purchasing power, the five-year salary aligns more closely with a national equivalent of $60,661, indicating that graduates maintain a competitive edge in terms of real income relative to their peers across the country.

The top industries for graduates include Health Care & Social Assistance (22.7%), Educational Services (14.4%), and Manufacturing (9.1%), reflecting a strong alignment with sectors that value social work expertise. The estimated break-even point for graduates compared to a high-school-only path is approximately 9.4 years, suggesting that while initial earnings may be modest, the long-term return on investment for a degree in social work is favorable, particularly in a state with a cost-of-living index of 0.941 compared to the national average.

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

Compare with Another School

See how the Social Work 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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