Analysis
Winona State's psychology program significantly outperforms the national market—landing in the 94th percentile for earnings—but sits squarely in the middle of Minnesota's competitive psychology landscape. First-year graduates earn $37,673, about $6,200 more than the typical psychology grad nationally, though several Minnesota schools push closer to $41,000. The debt load of $24,875 is reasonable, translating to a manageable 0.66 ratio against first-year income, and graduates see healthy 20% earnings growth by year four.
The 60th percentile ranking within Minnesota tells the real story here. You're getting solid results at a regional public university with a 69% admission rate, but not top-tier outcomes. The program delivers better value than three-quarters of psychology programs nationwide, which matters if your student is considering out-of-state alternatives. Within Minnesota, though, schools like College of Saint Benedict and Metro State post notably stronger early earnings.
For families prioritizing affordability and steady career progression over maximizing first-year salary, this works. The debt is manageable, the earnings trajectory is positive, and outcomes substantially exceed national norms. Just understand you're paying for middle-of-the-pack results in a state with particularly strong psychology programs overall.
Where Winona State University Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Winona 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 |
|---|---|---|---|
| Winona State University | $37,673 | $45,294 | +20% |
| 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 |
|---|---|---|---|---|---|
| $10,498 | $37,673 | $45,294 | $24,875 | 0.66 | |
| $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 Winona State University, approximately 23% 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 77 graduates with reported earnings and 114 graduates with debt data. Small samples may not be representative.