Analysis
Concordia-Saint Paul's psychology graduates earn well above the national median for their field, but find themselves in the middle of Minnesota's competitive psychology market. At $36,243 in first-year earnings, they're outperforming 85% of psychology programs nationally—a solid accomplishment—yet landing at exactly the state median for Minnesota. With $27,000 in debt (less than most psychology graduates nationally), the financial foundation is manageable, though schools like College of Saint Benedict and Metropolitan State demonstrate that Minnesota students can access programs with notably higher starting salaries.
The 37% earnings growth to $49,552 by year four suggests this degree opens doors that compound over time. The debt-to-earnings ratio of 0.74 means graduates start with less than one year's salary in loans, a reasonable position for entering a helping profession where early compensation rarely dazzles. For families considering private tuition at Concordia versus Minnesota's public alternatives or higher-ranked private schools, the calculation hinges on fit and financial aid: the outcomes here are respectable but not exceptional enough to justify a significant price premium over state schools.
This program won't limit your child's options, but Minnesota offers psychology programs with stronger early earnings. If Concordia's net cost after aid matches or beats public options, it's a reasonable choice. If it's significantly more expensive, the earnings data suggests looking at Metropolitan State or the U of M system instead.
Where Concordia University-Saint Paul Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Concordia University-Saint Paul 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 University-Saint Paul | $36,243 | $49,552 | +37% |
| 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% |
| University of Minnesota-Twin Cities | $36,294 | $49,126 | +35% |
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 |
|---|---|---|---|---|---|
| $25,000 | $36,243 | $49,552 | $27,000 | 0.74 | |
| $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 University-Saint Paul, approximately 34% 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 51 graduates with reported earnings and 83 graduates with debt data. Small samples may not be representative.