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
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| 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)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $30,020 | $31,529 | $42,968 | $26,899 | 0.85 | |
| $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 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.