Median Earnings (1yr)
$37,673
94th percentile
60th percentile in Minnesota
Median Debt
$24,875
2% below national median

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

School1 Year4 YearsGrowth
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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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Winona State UniversityWinona$10,498$37,673$45,294$24,8750.66
College of Saint BenedictSaint Joseph$53,884$41,029$45,302$27,0000.66
Metropolitan State UniversitySaint Paul$9,780$40,958$44,425$30,1550.74
Capella UniversityMinneapolis$14,436$39,764$43,554$40,8161.03
University of Minnesota-DuluthDuluth$14,318$38,543$45,061$24,2250.63
University of St ThomasSaint Paul$52,284$38,396$51,174$27,0000.70
National Median$31,482$25,5000.81

Career Paths

Occupations commonly associated with psychology graduates

Industrial-Organizational Psychologists

Apply principles of psychology to human resources, administration, management, sales, and marketing problems. Activities may include policy planning; employee testing and selection, training, and development; and organizational development and analysis. May work with management to organize the work setting to improve worker productivity.

$94,310/yrJobs growth:

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:

Managers, All Other

All managers not listed separately.

Loss Prevention Managers

Plan and direct policies, procedures, or systems to prevent the loss of assets. Determine risk exposure or potential liability, and develop risk control measures.

Social Science Research Assistants

Assist social scientists in laboratory, survey, and other social science research. May help prepare findings for publication and assist in laboratory analysis, quality control, or data management.

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.