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
Earnings Distribution
How Bemidji State University graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Bemidji State University | $33,963 | $44,568 | +31% |
| Gustavus Adolphus College | $33,174 | $53,981 | +63% |
| University of St Thomas | $38,396 | $51,174 | +33% |
| The College of Saint Scholastica | $31,367 | $50,740 | +62% |
| Concordia University-Saint Paul | $36,243 | $49,552 | +37% |
Compare to Similar Programs in Minnesota
Psychology bachelors's programs at peer institutions in Minnesota (31 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $10,164 | $33,963 | $44,568 | $26,000 | 0.77 | |
| $53,884 | $41,029 | $45,302 | $27,000 | 0.66 | |
| $9,780 | $40,958 | $44,425 | $30,155 | 0.74 | |
| $14,436 | $39,764 | $43,554 | $40,816 | 1.03 | |
| $14,318 | $38,543 | $45,061 | $24,225 | 0.63 | |
| $52,284 | $38,396 | $51,174 | $27,000 | 0.70 | |
| National Median | — | $31,482 | — | $25,500 | 0.81 |
Career Paths
Occupations commonly associated with psychology graduates
Industrial-Organizational Psychologists
Clinical and Counseling Psychologists
Psychologists, All Other
Neuropsychologists
Clinical Neuropsychologists
Psychology Teachers, Postsecondary
Managers, All Other
Loss Prevention Managers
Social Science Research Assistants
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.