Clinical, Counseling and Applied Psychology at Augsburg University

Augsburg's psychology program leaves graduates earning roughly $5,600 less than the typical Minnesota psychology grad—placing it in just the 25th percentile statewide. When Saint Cloud State graduates are earning $42,400 in similar fields while carrying comparable debt loads, that gap becomes harder to justify even accounting for Minneapolis's nonprofit sector concentration.

The debt picture offers limited relief. At $29,625, graduates carry slightly more than the national median but notably less than Minnesota's typical psychology program debt of $38,244. Still, with first-year earnings barely clearing $31,000, you're looking at a debt burden equal to nearly a full year's salary. That's manageable but leaves little financial breathing room for someone likely pursuing graduate education (as most psychology careers require).

The small sample size here—under 30 graduates—means these numbers could shift considerably year to year. But the 52% Pell grant rate suggests Augsburg serves many students for whom that $31,000 starting salary and significant debt load could be particularly challenging. If your child is set on this field and considering Minnesota schools, stronger in-state alternatives exist that deliver both higher earnings potential and similar access to the Twin Cities market.