Median Earnings (1yr)
$31,027
25th percentile
Median Debt
$20,625
4% below national median

Analysis

The University of Minnesota's experimental psychology program starts rough but rebounds impressively. That $31,027 first-year salary ranks in just the 25th percentile both nationally and among Minnesota's six programs—behind schools like Carleton ($39,238) and even Metropolitan State ($36,600). But four years out, graduates see their earnings jump 53% to $47,522, far outpacing what most psychology programs deliver nationally ($34,768 median). This trajectory suggests the program provides foundational skills that translate to career advancement, even if initial job placement lags.

The $20,625 in typical debt is manageable and actually below Minnesota's state median of $25,000 for this degree. That first-year debt-to-earnings ratio of 0.66 looks worrying on paper, but it quickly becomes irrelevant as incomes climb. Parents should understand they're betting on delayed returns rather than immediate payoff—fine if your child is willing to start in lower-level research positions or pursue graduate school, but potentially frustrating for those expecting their U of M degree to open doors right away.

If your child is considering this path, plan for a financially lean first year or two after graduation. The earnings growth is real and substantial, but quarter-century programs at smaller Minnesota colleges deliver stronger immediate outcomes. This makes most sense for students planning graduate work or willing to invest time building their research career.

Where University of Minnesota-Twin Cities Stands

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

Earnings Distribution

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

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
University of Minnesota-Twin Cities$31,027$47,522+53%
Harvard University$41,501$76,453+84%
University of Rochester$39,732$68,347+72%
University of Chicago$31,986$65,966+106%
Metropolitan State University$36,600$34,172-7%

Compare to Similar Programs in Minnesota

Research and Experimental Psychology bachelors's programs at peer institutions in Minnesota (6 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of Minnesota-Twin CitiesMinneapolis$16,488$31,027$47,522$20,6250.66
Carleton CollegeNorthfield$65,457$39,238$16,7000.43
Macalester CollegeSaint Paul$64,908$38,027$26,0000.68
Metropolitan State UniversitySaint Paul$9,780$36,600$34,172$28,3750.78
St Olaf CollegeNorthfield$56,970$35,070$25,0000.71
National Median$34,768$21,5000.62

Career Paths

Occupations commonly associated with research and experimental psychology graduates

Statisticians

Develop or apply mathematical or statistical theory and methods to collect, organize, interpret, and summarize numerical data to provide usable information. May specialize in fields such as biostatistics, agricultural statistics, business statistics, or economic statistics. Includes mathematical and survey statisticians.

$104,350/yrJobs growth:Master's degree

Biostatisticians

Develop and apply biostatistical theory and methods to the study of life sciences.

$104,350/yrJobs growth:Master's degree

Medical Scientists, Except Epidemiologists

Conduct research dealing with the understanding of human diseases and the improvement of human health. Engage in clinical investigation, research and development, or other related activities.

$100,590/yrJobs growth:Doctoral or professional degree

Clinical and Counseling Psychologists

Assess, diagnose, and treat mental and emotional disorders of individuals through observation, interview, and psychological tests. Help individuals with distress or maladjustment understand their problems through their knowledge of case history, interviews with patients, and theory. Provide individual or group counseling services to assist individuals in achieving more effective personal, social, educational, and vocational development and adjustment. May design behavior modification programs and consult with medical personnel regarding the best treatment for patients.

$94,310/yrJobs growth:

Psychologists, All Other

All psychologists not listed separately.

$94,310/yrJobs growth:

Neuropsychologists

Apply theories and principles of neuropsychology to evaluate and diagnose disorders of higher cerebral functioning, often in research and medical settings. Study the human brain and the effect of physiological states on human cognition and behavior. May formulate and administer programs of treatment.

$94,310/yrJobs growth:

Clinical Neuropsychologists

Assess and diagnose patients with neurobehavioral problems related to acquired or developmental disorders of the nervous system, such as neurodegenerative disorders, traumatic brain injury, seizure disorders, and learning disabilities. Recommend treatment after diagnosis, such as therapy, medication, or surgery. Assist with evaluation before and after neurosurgical procedures, such as deep brain stimulation.

$94,310/yrJobs growth:

Psychology Teachers, Postsecondary

Teach courses in psychology, such as child, clinical, and developmental psychology, and psychological counseling. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Health Specialties Teachers, Postsecondary

Teach courses in health specialties, in fields such as dentistry, laboratory technology, medicine, pharmacy, public health, therapy, and veterinary medicine.

$83,980/yrJobs growth:

Child, Family, and School Social Workers

Provide social services and assistance to improve the social and psychological functioning of children and their families and to maximize the family well-being and the academic functioning of children. May assist parents, arrange adoptions, and find foster homes for abandoned or abused children. In schools, they address such problems as teenage pregnancy, misbehavior, and truancy. May also advise teachers.

$61,330/yrJobs growth:

Managers, All Other

All managers not listed separately.

Compliance Managers

Plan, direct, or coordinate activities of an organization to ensure compliance with ethical or regulatory standards.

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 89 graduates with reported earnings and 112 graduates with debt data. Small samples may not be representative.