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2022 Best Value Colleges for Child Development & Psychology (Income $48-$75k) in Minnesota

7 Ranked Colleges
531 Degrees Awarded
Best Value Child Development Schools in Minnesota For Those Making $48-$75k

When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Child Development Schools in Minnesota For Those Making $48-$75k” ranking is part of that endeavor.

In 2019-2020, 15,161 people earned their degree in child development and psychology, making the major the 72nd most popular in the United States. In 2017-2018, child development and psychology graduates who were awarded their degree in 2015-2017, earned an average of $32,673 and had an average of $25,889 in loans still to pay off.

Across Minnesota, there were 531 child development and psychology graduates with average earnings and debt of $34,250 and $33,715 respectively.

This year’s “Best Value Child Development Schools in Minnesota For Those Making $48-$75k” ranking looked at 7 colleges that offer degrees in a bachelor’s in child development and psychology. This ranking identifies schools with high-quality child development and psychology programs that also have a lower cost than schools of similar quality.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the child development and psychology program at the school. For more information, check out our ranking methodology.

More Ways to Rank Child Development & Psychology Schools

The child development school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Child Development Schools in Minnesota For Those Making $48-$75k”.

We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

Best Value Child Development Schools in Minnesota For Those Making $48-$75k

The following schools top our list of the Best Best Value Child Development Schools in Minnesota For Those Making $48-$75k.

Top 7 Best Value Colleges for Child Development & Psychology (Income $48-$75k) in Minnesota

#1

Carleton College

Northfield, Minnesota

You’ll be in good company if you decide to attend Carleton College. It ranked #1 on our 2022 Best Value Child Development Schools in Minnesota For Those Making $48-$75k list. Northfield, Minnesota is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s child development degrees to 41 students in 2019-2020.

Carleton also made our “Best Child Development & Psychology Schools in Minnesota” list, coming in at #1. It costs about $16,716 for Minnesota Child Development students whose families make $48-$75k per year to attend Carleton.

The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 1.3%, which is quite low when compared to the national default rate of 10.1%. The impressive student-to-faculty ratio of 8 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.

Read full report on Child Development & Psychology at Carleton College

#2

University of Minnesota - Twin Cities

Minneapolis, Minnesota

Out of the 7 schools in the Best Value Child Development Schools in Minnesota For Those Making $48-$75k that were part of this year’s ranking, University of Minnesota - Twin Cities landed the #2 spot on the list. UMN Twin Cities is a large public school situated in Minneapolis, Minnesota. It awarded 151 ’s child development degrees in 2019-2020.

UMN Twin Cities did well in our major quality rankings, too. It placed #3 on our “Best Child Development & Psychology Schools in Minnesota” list. The yearly cost to attend UMN Twin Cities is $12,556 for minnesota child development students whose families make $48-$75k.

The school has an impressive student loan default rate. It’s only 2.2%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 93%.

Read full report on Child Development & Psychology at UMN Twin Cities

#3

St Olaf College

Northfield, Minnesota

You’ll join some of the best and brightest minds around if you attend St Olaf College. The school came in at #3 for the Best Value Child Development Schools in Minnesota For Those Making $48-$75k. Located in Northfield, Minnesota, this small private not-for-profit school awarded 65 diplomas to qualified ’s child development students in 2019-2020.

In addition to being on our minnesota child development students whose families make $48-$75k list, St. Olaf has also earned the #2 rank in our “Best Child Development & Psychology Schools in Minnesota” ranking. The yearly cost to attend St. Olaf is $17,577 for minnesota child development students whose families make $48-$75k.

With a freshman retention rate of 91%, the school does an excellent job of retaining its students. The low student loan default rate of 1.0% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Read full report on Child Development & Psychology at St Olaf College

#4

Macalester College

Saint Paul, Minnesota

You’ll join some of the best and brightest minds around if you attend Macalester College. The school came in at #4 for the Best Value Child Development Schools in Minnesota For Those Making $48-$75k. Macalester College is a private not-for-profit institution located in Saint Paul, Minnesota. The school has a small population, and it awarded 30 ’s degrees in 2019-2020.

Macalester did well in our major quality rankings, too. It placed #4 on our “Best Child Development & Psychology Schools in Minnesota” list. The estimated yearly cost for Macalester College is $20,102 for minnesota child development students whose families make $48-$75k.

The student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The school has an excellent freshman retention rate of 90%, which means students like the school well enough to return for a second year. The school has an impressive student loan default rate. It’s only 0.9%, which is much lower than the national rate of 10.1%.

Full Macalester Child Development & Psychology Report

#5

Capella University

Minneapolis, Minnesota

You’ll join some of the best and brightest minds around if you attend Capella University. The school came in at #5 for the Best Value Child Development Schools in Minnesota For Those Making $48-$75k. This large school is located in Minneapolis, Minnesota, and it awarded 125 ’s child development degrees in 2019-2020.

Capella University not only placed well in this ranking. It is also #7 on our “Best Child Development & Psychology Schools in Minnesota” list.

Full Capella University Child Development & Psychology Report

#6

Metropolitan State University

Saint Paul, Minnesota

Metropolitan State University landed the #6 spot on the 2022 Best Value Child Development Schools in Minnesota For Those Making $48-$75k ranking. This medium-sized school is located in Saint Paul, Minnesota, and it awarded 17 ’s child development degrees in 2019-2020.

Metro State not only placed well in this ranking. It is also #8 on our “Best Child Development & Psychology Schools in Minnesota” list. The yearly cost to attend Metropolitan State University is $15,869 for minnesota child development students whose families make $48-$75k.

Read full report on Child Development & Psychology at Metropolitan State University

#7

Augsburg University

Minneapolis, Minnesota

Augsburg University ranked #7 on this year’s Best Value Child Development Schools in Minnesota For Those Making $48-$75k list. This small school is located in Minneapolis, Minnesota, and it awarded 5 ’s child development degrees in 2019-2020.

Augsburg also took the #6 spot in our “Best Child Development & Psychology Schools in Minnesota” ranking. The estimated yearly cost for Augsburg University is $23,301 for minnesota child development students whose families make $48-$75k.

Read full report on Child Development & Psychology at Augsburg

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Notes and References

References

  • The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
  • Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
  • Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

Read more about our data sources and methodologies

Footnotes

  • *Average salary, average net price, and average tuition and fees are for the top schools only.
  • Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.

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