Median Earnings (1yr)
$33,963
70th percentile (40th in MN)
Median Debt
$26,000
2% above national median
Debt-to-Earnings
0.77
Manageable
Sample Size
61
Adequate data

Analysis

Bemidji State's psychology program shows an intriguing split: it outperforms most psychology programs nationally but falls short of Minnesota's unusually strong field. At $33,963 in first-year earnings, graduates earn more than 70% of psychology programs nationwide—a solid start. However, among Minnesota's 31 psychology programs, this lands in the 40th percentile, trailing the state median of $36,243 by about $2,300 annually.

The real story here is momentum. Earnings jump 31% by year four to $44,568, suggesting graduates who stick with psychology-related work find their footing after an initial adjustment period. The debt load of $26,000 is reasonable—close to both national and state medians—creating a manageable debt-to-earnings ratio of 0.77. This means graduates owe less than what they'll earn in their first year, a benchmark that many bachelor's programs struggle to meet.

For Minnesota families, this presents a choice: Bemidji State offers below-average first-year outcomes compared to stronger in-state options like College of Saint Benedict or Metropolitan State, both starting near $41,000. But the accessible admission rate and lower debt load make it a viable path for students who need an affordable psychology degree and are willing to build their careers more gradually. The program works best for students prioritizing manageable debt over maximizing immediate earnings.

Where Bemidji State University Stands

Earnings vs. debt across all psychology bachelors's programs nationally

Bemidji State UniversityOther psychology programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How Bemidji State University graduates compare to all programs nationally

Bemidji State University graduates earn $34k, placing them in the 70th percentile of all psychology bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Minnesota

Psychology bachelors's programs at peer institutions in Minnesota (31 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Bemidji State University$33,963$44,568$26,0000.77
College of Saint Benedict$41,029$45,302$27,0000.66
Metropolitan State University$40,958$44,425$30,1550.74
Capella University$39,764$43,554$40,8161.03
University of Minnesota-Duluth$38,543$45,061$24,2250.63
University of St Thomas$38,396$51,174$27,0000.70
National Median$31,482—$25,5000.81

Other Psychology Programs in Minnesota

Compare tuition, earnings, and debt across Minnesota schools

SchoolIn-State TuitionEarnings (1yr)Debt
College of Saint Benedict
Saint Joseph
$53,884$41,029$27,000
Metropolitan State University
Saint Paul
$9,780$40,958$30,155
Capella University
Minneapolis
$14,436$39,764$40,816
University of Minnesota-Duluth
Duluth
$14,318$38,543$24,225
University of St Thomas
Saint Paul
$52,284$38,396$27,000

About This Data

Source: U.S. Department of Education College Scorecard (October 2025 release)

Population: Graduates who received federal financial aid (Title IV grants or loans). At Bemidji State University, approximately 26% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.

Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.

Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.

Sample Size: Based on 61 graduates with reported earnings and 100 graduates with debt data. Small samples may not be representative.