Median Earnings (1yr)
$36,294
85th percentile (60th in MN)
Median Debt
$20,674
19% below national median
Debt-to-Earnings
0.57
Manageable
Sample Size
474
Adequate data

Analysis

The University of Minnesota-Twin Cities psychology program punches well above its weight nationally, ranking in the 85th percentile for graduate earnings—significantly outperforming most psychology programs across the country. With first-year graduates earning $36,294 compared to the national median of $31,482, this program delivers meaningfully higher returns than typical psychology degrees. The debt burden of $20,674 is also notably lower than both national and state averages, creating a favorable debt-to-earnings ratio of 0.57.

Within Minnesota, the picture is more competitive but still solid. While the program ranks in the 60th percentile statewide and trails several smaller institutions like College of Saint Benedict and Metropolitan State, it holds its own among major research universities. The 35% earnings growth from year one to year four ($36,294 to $49,126) demonstrates strong career trajectory potential, suggesting graduates successfully leverage their U of M credentials over time.

For parents concerned about psychology's reputation for weak job prospects, this data tells a different story. The combination of above-average starting salaries, manageable debt, and strong earnings growth makes this a relatively safe bet within the field. The robust sample size adds confidence to these numbers, and the university's strong overall reputation likely contributes to graduate success in Minnesota's job market.

Where University of Minnesota-Twin Cities Stands

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

University of Minnesota-Twin CitiesOther psychology programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How University of Minnesota-Twin Cities graduates compare to all programs nationally

University of Minnesota-Twin Cities graduates earn $36k, placing them in the 85th percentile of all psychology bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Minnesota

Psychology bachelors's programs at peer institutions in Minnesota (31 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of Minnesota-Twin Cities$36,294$49,126$20,6740.57
College of Saint Benedict$41,029$45,302$27,0000.66
Metropolitan State University$40,958$44,425$30,1550.74
Capella University$39,764$43,554$40,8161.03
University of Minnesota-Duluth$38,543$45,061$24,2250.63
University of St Thomas$38,396$51,174$27,0000.70
National Median$31,482—$25,5000.81

Other Psychology Programs in Minnesota

Compare tuition, earnings, and debt across Minnesota schools

SchoolIn-State TuitionEarnings (1yr)Debt
College of Saint Benedict
Saint Joseph
$53,884$41,029$27,000
Metropolitan State University
Saint Paul
$9,780$40,958$30,155
Capella University
Minneapolis
$14,436$39,764$40,816
University of Minnesota-Duluth
Duluth
$14,318$38,543$24,225
University of St Thomas
Saint Paul
$52,284$38,396$27,000

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-Twin Cities, approximately 17% 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 474 graduates with reported earnings and 551 graduates with debt data. Small samples may not be representative.