Analysis
Metropolitan State University's psychology program punches well above its weight class. With a 96% admission rate and a student body where nearly half qualify for Pell grants, this isn't a selective private college—yet its graduates out-earn 95% of psychology programs nationally and compete directly with Minnesota's elite private schools. Those $40,958 first-year earnings rival College of Saint Benedict ($41,029) and exceed University of Minnesota-Duluth, despite Metropolitan State serving a very different student population.
The $30,155 in median debt sits slightly above state and national averages, but the 0.74 debt-to-earnings ratio is manageable for a psychology degree. Within Minnesota, this program ranks at the 60th percentile—solid, though not top-tier—but that's partly because Minnesota's psychology programs generally perform well. Earnings grow a healthy 9% by year four, suggesting graduates find stable career paths rather than hitting immediate ceilings.
For families concerned about value, particularly those who might not qualify for need-based aid at expensive private colleges, this program delivers comparable outcomes at a fraction of the total cost. The combination of high accessibility and strong earnings makes this one of the better psychology investments in the state.
Where Metropolitan State University Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Metropolitan 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 |
|---|---|---|---|
| Metropolitan State University | $40,958 | $44,425 | +8% |
| 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 |
|---|---|---|---|---|---|
| $9,780 | $40,958 | $44,425 | $30,155 | 0.74 | |
| $53,884 | $41,029 | $45,302 | $27,000 | 0.66 | |
| $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 | |
| $12,498 | $37,944 | $41,079 | $52,781 | 1.39 | |
| 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 Metropolitan State University, approximately 44% 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 133 graduates with reported earnings and 165 graduates with debt data. Small samples may not be representative.