Median Earnings (1yr)
$41,029
95th percentile (60th in MN)
Median Debt
$27,000
6% above national median
Debt-to-Earnings
0.66
Manageable
Sample Size
46
Adequate data

Analysis

College of Saint Benedict's psychology graduates earn substantially more than their peers—$41,029 in the first year puts them in the 95th percentile nationally, nearly $10,000 above the typical psychology graduate. That's a significant premium for what's essentially an open-admission school. However, zoom into Minnesota specifically, and the picture shifts: they're at the 60th percentile statewide, trailing programs like Metropolitan State and Capella by several thousand dollars. The $27,000 median debt sits right at typical levels for the program.

The value proposition here depends on geography. If your child plans to stay in Minnesota, they'll be competing against psychology graduates from other local programs who often paid less and sometimes earn more. The 0.66 debt-to-earnings ratio is reasonable—graduates carry about eight months of their first-year salary in debt—but it's not dramatically better than state alternatives. The 10% earnings growth to $45,302 by year four follows a normal progression without exceptional momentum.

For families considering Saint Benedict, the appeal likely extends beyond pure earnings metrics—the residential liberal arts experience, small classes, and campus community. The outcomes are solid, particularly compared to psychology programs nationally. Just understand you're not paying for a career advantage so much as the full college experience package, and your child will need to be strategic about career development to maximize the degree's value in Minnesota's competitive market.

Where College of Saint Benedict Stands

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

College of Saint BenedictOther 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 College of Saint Benedict graduates compare to all programs nationally

College of Saint Benedict graduates earn $41k, placing them in the 95th 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
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
Walden University$37,944$41,079$52,7811.39
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
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
Walden University
Minneapolis
$12,498$37,944$52,781

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 College of Saint Benedict, approximately 19% 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 46 graduates with reported earnings and 71 graduates with debt data. Small samples may not be representative.