Median Earnings (1yr)
$31,529
50th percentile
40th percentile in Minnesota
Median Debt
$26,899
5% above national median

Analysis

Concordia's psychology graduates start at $31,529—essentially matching the national average but falling short of Minnesota's $36,243 median. That 40th percentile state ranking means six out of ten Minnesota psychology programs produce better initial outcomes, including several at similar or lower debt levels. The small sample size here matters: with fewer than 30 graduates tracked, these numbers might not represent your child's experience if they enroll.

The debt picture offers some reassurance. At $26,899, borrowing sits below the 27th percentile nationally, meaning most psychology programs saddle students with more debt. Combined with solid 36% earnings growth to $42,968 by year four, graduates see real income progression. That growth trajectory suggests the degree opens doors beyond entry-level positions, even if the starting point lags state peers.

For Minnesota families, this creates a calculation problem. You're likely paying in-state tuition at University of Minnesota-Duluth or Metropolitan State—both producing $38,000+ earners with similar debt. Unless your child specifically needs Concordia's environment or has merit aid closing the gap, stronger-performing in-state options exist. The reasonable debt load prevents this from being a poor choice, but it's not positioned as a value leader in Minnesota's crowded psychology market.

Where Concordia College at Moorhead Stands

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

Earnings Distribution

How Concordia College at Moorhead graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Concordia College at Moorhead$31,529$42,968+36%
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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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Concordia College at MoorheadMoorhead$30,020$31,529$42,968$26,8990.85
College of Saint BenedictSaint Joseph$53,884$41,029$45,302$27,0000.66
Metropolitan State UniversitySaint Paul$9,780$40,958$44,425$30,1550.74
Capella UniversityMinneapolis$14,436$39,764$43,554$40,8161.03
University of Minnesota-DuluthDuluth$14,318$38,543$45,061$24,2250.63
University of St ThomasSaint Paul$52,284$38,396$51,174$27,0000.70
National Median$31,482$25,5000.81

Career Paths

Occupations commonly associated with psychology graduates

Industrial-Organizational Psychologists

Apply principles of psychology to human resources, administration, management, sales, and marketing problems. Activities may include policy planning; employee testing and selection, training, and development; and organizational development and analysis. May work with management to organize the work setting to improve worker productivity.

$94,310/yrJobs growth:

Clinical and Counseling Psychologists

Assess, diagnose, and treat mental and emotional disorders of individuals through observation, interview, and psychological tests. Help individuals with distress or maladjustment understand their problems through their knowledge of case history, interviews with patients, and theory. Provide individual or group counseling services to assist individuals in achieving more effective personal, social, educational, and vocational development and adjustment. May design behavior modification programs and consult with medical personnel regarding the best treatment for patients.

$94,310/yrJobs growth:

Psychologists, All Other

All psychologists not listed separately.

$94,310/yrJobs growth:

Neuropsychologists

Apply theories and principles of neuropsychology to evaluate and diagnose disorders of higher cerebral functioning, often in research and medical settings. Study the human brain and the effect of physiological states on human cognition and behavior. May formulate and administer programs of treatment.

$94,310/yrJobs growth:

Clinical Neuropsychologists

Assess and diagnose patients with neurobehavioral problems related to acquired or developmental disorders of the nervous system, such as neurodegenerative disorders, traumatic brain injury, seizure disorders, and learning disabilities. Recommend treatment after diagnosis, such as therapy, medication, or surgery. Assist with evaluation before and after neurosurgical procedures, such as deep brain stimulation.

$94,310/yrJobs growth:

Psychology Teachers, Postsecondary

Teach courses in psychology, such as child, clinical, and developmental psychology, and psychological counseling. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Managers, All Other

All managers not listed separately.

Loss Prevention Managers

Plan and direct policies, procedures, or systems to prevent the loss of assets. Determine risk exposure or potential liability, and develop risk control measures.

Social Science Research Assistants

Assist social scientists in laboratory, survey, and other social science research. May help prepare findings for publication and assist in laboratory analysis, quality control, or data management.

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 Concordia College at Moorhead, approximately 20% 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 28 graduates with reported earnings and 39 graduates with debt data. Small samples may not be representative.