Analysis
University of Minnesota-Morris graduates with psychology degrees out-earn the typical psychology major by $5,400 annually—landing in the 89th percentile nationally. That's impressive for a public liberal arts college with a 70% admission rate. The $36,893 starting salary beats not only the national benchmark but sits comfortably near Minnesota's state median, where it ranks around the 60th percentile among 31 programs. While some private Minnesota schools edge ahead by a few thousand dollars, Morris achieves this outcome with notably lower debt: $22,341 versus the state average of $26,024.
The debt burden here is genuinely manageable, with graduates owing just 61% of their first-year salary—well below the concerning 1:1 threshold that can strain young professionals. Earnings also follow a healthy trajectory, growing 15% to $42,522 by year four. This isn't the explosive growth you might see in STEM fields, but it's steady progress that matters for career sustainability.
For families evaluating psychology programs, Morris offers strong regional value without the premium price tag of private competitors. The combination of below-average debt and above-average earnings creates breathing room for graduates pursuing graduate school or exploring different career paths—both common for psychology majors. Just keep the moderate sample size in mind; individual outcomes will vary.
Where University of Minnesota-Morris Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How University of Minnesota-Morris 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 |
|---|---|---|---|
| University of Minnesota-Morris | $36,893 | $42,522 | +15% |
| 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 |
|---|---|---|---|---|---|
| $14,288 | $36,893 | $42,522 | $22,341 | 0.61 | |
| $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 University of Minnesota-Morris, approximately 31% 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 39 graduates with reported earnings and 38 graduates with debt data. Small samples may not be representative.