Analysis
University of St. Thomas charges private-school tuition for its psychology program, but graduates earn substantially more than most of their peers nationwide—landing in the 95th percentile when compared to all psychology bachelor's programs. First-year earnings of $38,396 beat the national median by $7,000, with strong continued growth to over $51,000 by year four. The $27,000 debt burden sits right at the national average, making the debt-to-earnings ratio (0.70) quite manageable.
The state comparison offers important perspective. While St. Thomas outperforms nationally, it ranks only at the 60th percentile among Minnesota's 31 psychology programs. Several schools—including College of Saint Benedict and Metropolitan State—place graduates into slightly higher-paying positions. However, St. Thomas still beats the Minnesota median and maintains that impressive earnings trajectory, suggesting its career services or alumni network may provide advantages that compound over time.
For an 85% admission rate school serving primarily middle-class students (only 20% receive Pell grants), this program delivers reliable outcomes. Psychology majors often struggle with low initial earnings, but St. Thomas graduates start well above water and see meaningful salary growth. If your child is committed to psychology and St. Thomas is affordable without excessive borrowing beyond the $27,000 median, this program offers a safer bet than most psychology degrees—just know they're not getting the absolute best value Minnesota offers in this field.
Where University of St Thomas Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How University of St Thomas 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 St Thomas | $38,396 | $51,174 | +33% |
| Gustavus Adolphus College | $33,174 | $53,981 | +63% |
| The College of Saint Scholastica | $31,367 | $50,740 | +62% |
| Concordia University-Saint Paul | $36,243 | $49,552 | +37% |
| 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 |
|---|---|---|---|---|---|
| $52,284 | $38,396 | $51,174 | $27,000 | 0.70 | |
| $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 | |
| $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 University of St Thomas, approximately 20% 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 43 graduates with reported earnings and 63 graduates with debt data. Small samples may not be representative.