2022 Best Value Psychology Schools in Minnesota For Those Making $0-$30k
When pursuing a degree in today’s world, students have many different options to choose from. College Factual has developed its “Best Value Psychology Schools in Minnesota For Those Making $0-$30k” ranking as one item you can use to help make this decision.
With 183,889 degrees handed out in 2019-2020, psychology is the 7th most popular major in the United States. In 2017-2018, psychology graduates who were awarded their degree in 2015-2017, earned an average of $33,496 and had an average of $36,227 in loans still to pay off.
Across Minnesota, there were 6,021 psychology graduates with average earnings and debt of $35,628 and $35,787 respectively.
This year’s “Best Value Psychology Schools in Minnesota For Those Making $0-$30k” ranking looked at 27 colleges that offer degrees in a bachelor’s in psychology. This ranking identifies schools with high-quality psychology programs that also have a lower cost than schools of similar quality.
When determining these rankings, we looked at things such as overall quality of the psychology program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.
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One Size Does Not Fit All
The psychology 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 Psychology Schools in Minnesota For Those Making $0-$30k”.
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. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.
Best Value Psychology Schools in Minnesota For Those Making $0-$30k
The colleges and universities below are the best for minnesota psychology students whose families make $0-$30k.
Top 25 Best Value Colleges for Psychology (Income $0-$30k) in Minnesota
You’ll join some of the best and brightest minds around if you attend Carleton College. The school came in at #1 for the Best Value Psychology Schools in Minnesota For Those Making $0-$30k. Northfield, Minnesota is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s psychology degrees to 41 students in 2019-2020.
Carleton also made our “Best Psychology Schools in Minnesota” list, coming in at #2. The estimated yearly cost for Carleton is $9,579 for minnesota psychology students whose families make $0-$30k.
The student-to-faculty ratio of 8 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. Students who start out at the school are likely to stick around. The freshman retention rate is 94%. The school has an impressive student loan default rate. It’s only 1.3%, which is much lower than the national rate of 10.1%.
You’ll be in good company if you decide to attend University of Minnesota - Morris. It ranked #2 on our 2022 Best Value Psychology Schools in Minnesota For Those Making $0-$30k list. UMN Morris is located in Morris, Minnesota and, has a small student population. In 2019-2020, this school awarded 27 ’s psychology degrees to qualified students.
UMN Morris not only placed well in this ranking. It is also #12 on our “Best Psychology Schools in Minnesota” list. It costs about $4,230 for minnesota psychology students whose families make $0-$30k per year to attend University of Minnesota - Morris.
The student loan default rate at the school is 2.9%, which is quite low when compared to the national default rate of 10.1%.
You’ll join some of the best and brightest minds around if you attend University of Minnesota - Twin Cities. The school came in at #3 for the Best Value Psychology Schools in Minnesota For Those Making $0-$30k. University of Minnesota - Twin Cities is a large school located in Minneapolis, Minnesota that handed out 746 ’s psychology degrees in 2019-2020.
UMN Twin Cities not only placed well in this ranking. It is also #4 on our “Best Psychology Schools in Minnesota” list. The yearly cost to attend UMN Twin Cities is $7,266 for Minnesota Psychology students whose families make $0-$30k.
With a freshman retention rate of 93%, the school does an excellent job of retaining its students. The low student loan default rate of 2.2% 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%.
You’ll be in good company if you decide to attend University of Minnesota - Duluth. It ranked #4 on our 2022 Best Value Psychology Schools in Minnesota For Those Making $0-$30k list. UMN Duluth is a fairly large public school situated in Duluth, Minnesota. It awarded 140 ’s psychology degrees in 2019-2020.
In addition to being on our minnesota psychology students whose families make $0-$30k list, UMN Duluth has also earned the #8 rank in our “Best Psychology Schools in Minnesota” ranking. The yearly cost to attend UMN Duluth is $7,443 for minnesota psychology students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 3.1%, which is much lower than the national rate of 10.1%.
You’ll be in good company if you decide to attend St Olaf College. It ranked #5 on our 2022 Best Value Psychology Schools in Minnesota For Those Making $0-$30k list. This small school is located in Northfield, Minnesota, and it awarded 65 ’s psychology degrees in 2019-2020.
St. Olaf not only placed well in this ranking. It is also #7 on our “Best Psychology Schools in Minnesota” list. It costs about $12,459 for minnesota psychology students whose families make $0-$30k per year to attend St. Olaf.
The school has an impressive student loan default rate. It’s only 1.0%, 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 91%.
Southwest Minnesota State University did quite well in the 2022 Best Value Psychology Schools in Minnesota For Those Making $0-$30k ranking, coming in at #6. Southwest Minnesota State University is a medium-sized public school situated in Marshall, Minnesota. It awarded 24 ’s psychology degrees in 2019-2020.
Southwest Minnesota State University also took the #19 spot in our “Best Psychology Schools in Minnesota” ranking. The yearly cost to attend Southwest Minnesota State University is $10,801 for minnesota psychology students whose families make $0-$30k.
Read full report on Psychology at Southwest Minnesota State University
With a ranking of #7, Winona State University did quite well on the 2022 Best Value Psychology Schools in Minnesota For Those Making $0-$30k list. Winona State is located in Winona, Minnesota and, has a medium-sized student population. In 2019-2020, this school awarded 75 ’s psychology degrees to qualified students.
In addition to being on our minnesota psychology students whose families make $0-$30k list, Winona State has also earned the #10 rank in our “Best Psychology Schools in Minnesota” ranking. It costs about $12,381 for Minnesota Psychology students whose families make $0-$30k per year to attend Winona State University.
The school has an impressive student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%.
With a ranking of #8, Bemidji State University did quite well on the 2022 Best Value Psychology Schools in Minnesota For Those Making $0-$30k list. Bemidji State University is a small public school situated in Bemidji, Minnesota. It awarded 71 ’s psychology degrees in 2019-2020.
As a testament to the quality of education offered at Bemidji State University, the school also landed the #21 spot in our “Best Psychology Schools in Minnesota” ranking. The estimated yearly cost for Bemidji State University is $10,632 for minnesota psychology students whose families make $0-$30k.
Minnesota State University - Mankato ranked #9 on this year’s Best Value Psychology Schools in Minnesota For Those Making $0-$30k list. Minnesota State Mankato is located in Mankato, Minnesota and, has a fairly large student population. In 2019-2020, this school awarded 174 ’s psychology degrees to qualified students.
As a testament to the quality of education offered at Minnesota State Mankato, the school also landed the #14 spot in our “Best Psychology Schools in Minnesota” ranking. The estimated yearly cost for Minnesota State University - Mankato is $11,057 for Minnesota Psychology students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 4.4%, which is much lower than the national rate of 10.1%.
Read full report on Psychology at Minnesota State University - Mankato
With a ranking of #10, Saint Cloud State University did quite well on the 2022 Best Value Psychology Schools in Minnesota For Those Making $0-$30k list. St. Cloud State University is a fairly large school located in Saint Cloud, Minnesota that handed out 170 ’s psychology degrees in 2019-2020.
St. Cloud State University did well in our major quality rankings, too. It placed #23 on our “Best Psychology Schools in Minnesota” list. The yearly cost to attend Saint Cloud State University is $10,688 for Minnesota Psychology students whose families make $0-$30k.
Gustavus Adolphus College did quite well in the 2022 Best Value Psychology Schools in Minnesota For Those Making $0-$30k ranking, coming in at #11. Gustavus Adolphus College is located in Saint Peter, Minnesota and, has a small student population. In 2019-2020, this school awarded 47 ’s psychology degrees to qualified students.
Gustavus Adolphus also took the #3 spot in our “Best Psychology Schools in Minnesota” ranking. The yearly cost to attend Gustavus Adolphus is $12,150 for minnesota psychology students whose families make $0-$30k.
The low student loan default rate of 1.5% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 88%.
College of Saint Benedict did quite well in the 2022 Best Value Psychology Schools in Minnesota For Those Making $0-$30k ranking, coming in at #12. Saint Joseph, Minnesota is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s psychology degrees to 44 students in 2019-2020.
CSB also took the #1 spot in our “Best Psychology Schools in Minnesota” ranking. The yearly cost to attend CSB is $17,143 for Minnesota Psychology students whose families make $0-$30k.
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%. With a freshman retention rate of 89%, the school does an excellent job of retaining its students.
Saint Johns University ranked #13 on this year’s Best Value Psychology Schools in Minnesota For Those Making $0-$30k list. SJU is a small private not-for-profit school situated in Collegeville, Minnesota. It awarded 16 ’s psychology degrees in 2019-2020.
As a testament to the quality of education offered at SJU, the school also landed the #5 spot in our “Best Psychology Schools in Minnesota” ranking. The estimated yearly cost for SJU is $14,683 for minnesota psychology students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 1.2%, which is much lower than the national rate of 10.1%.
Macalester College ranked #14 on this year’s Best Value Psychology Schools in Minnesota For Those Making $0-$30k list. Macalester is a small school located in Saint Paul, Minnesota that handed out 30 ’s psychology degrees in 2019-2020.
Macalester not only placed well in this ranking. It is also #15 on our “Best Psychology Schools in Minnesota” list. It costs about $10,158 for Minnesota Psychology students whose families make $0-$30k per year to attend Macalester College.
The school has an excellent freshman retention rate of 90%, which means students like the school well enough to return for a second year. With a student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The student loan default rate at the school is 0.9%, which is quite low when compared to the national default rate of 10.1%.
Minnesota State University - Moorhead did quite well in the 2022 Best Value Psychology Schools in Minnesota For Those Making $0-$30k ranking, coming in at #15. Moorhead, Minnesota is the setting for this medium-sized institution of higher learning. The public school handed out ’s psychology degrees to 77 students in 2019-2020.
MSU Moorhead also took the #25 spot in our “Best Psychology Schools in Minnesota” ranking. The estimated yearly cost for MSU Moorhead is $12,484 for Minnesota Psychology students whose families make $0-$30k.
The student loan default rate at the school is 4.5%, which is quite low when compared to the national default rate of 10.1%.
Read more about Psychology at Minnesota State University - Moorhead
St Catherine University did quite well in the 2022 Best Value Psychology Schools in Minnesota For Those Making $0-$30k ranking, coming in at #16. Saint Paul, Minnesota is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s psychology degrees to 47 students in 2019-2020.
In addition to being on our minnesota psychology students whose families make $0-$30k list, St. Kate’s has also earned the #16 rank in our “Best Psychology Schools in Minnesota” ranking. The estimated yearly cost for St. Kate’s is $15,102 for Minnesota Psychology students whose families make $0-$30k.
The student loan default rate at the school is 2.7%, which is quite low when compared to the national default rate of 10.1%.
Hamline University landed the #17 spot on the 2022 Best Value Psychology Schools in Minnesota For Those Making $0-$30k ranking. Hamline is a small school located in Saint Paul, Minnesota that handed out 60 ’s psychology degrees in 2019-2020.
Hamline also took the #11 spot in our “Best Psychology Schools in Minnesota” ranking. The yearly cost to attend Hamline is $17,038 for minnesota psychology students whose families make $0-$30k.
The school has an impressive student loan default rate. It’s only 3.3%, which is much lower than the national rate of 10.1%.
Saint Mary’s University of Minnesota ranked #18 on this year’s Best Value Psychology Schools in Minnesota For Those Making $0-$30k list. This medium-sized school is located in Winona, Minnesota, and it awarded 135 ’s psychology degrees in 2019-2020.
In addition to being on our minnesota psychology students whose families make $0-$30k list, SMU MN has also earned the #17 rank in our “Best Psychology Schools in Minnesota” ranking. It costs about $15,036 for Minnesota Psychology students whose families make $0-$30k per year to attend SMU MN.
The low student loan default rate of 3.1% 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%.
Metropolitan State University did quite well in the 2022 Best Value Psychology Schools in Minnesota For Those Making $0-$30k ranking, coming in at #19. Metropolitan State University is located in Saint Paul, Minnesota and, has a medium-sized student population. In 2019-2020, this school awarded 133 ’s psychology degrees to qualified students.
As a testament to the quality of education offered at Metro State, the school also landed the #24 spot in our “Best Psychology Schools in Minnesota” ranking. The estimated yearly cost for Metropolitan State University is $14,388 for Minnesota Psychology students whose families make $0-$30k.
Concordia University, Saint Paul ranked #20 on this year’s Best Value Psychology Schools in Minnesota For Those Making $0-$30k list. Concordia University, Saint Paul is a medium-sized private not-for-profit school situated in Saint Paul, Minnesota. It awarded 59 ’s psychology degrees in 2019-2020.
The estimated yearly cost for Concordia University, Saint Paul is $13,423 for minnesota psychology students whose families make $0-$30k.
Read full report on Psychology at Concordia University, Saint Paul
The College of Saint Scholastica did quite well in the 2022 Best Value Psychology Schools in Minnesota For Those Making $0-$30k ranking, coming in at #21. St. Scholastica is a small private not-for-profit school situated in Duluth, Minnesota. It awarded 59 ’s psychology degrees in 2019-2020.
As a testament to the quality of education offered at St. Scholastica, the school also landed the #9 spot in our “Best Psychology Schools in Minnesota” ranking. It costs about $18,502 for minnesota psychology students whose families make $0-$30k per year to attend The College of Saint Scholastica.
The student loan default rate at the school is 3.1%, which is quite low when compared to the national default rate of 10.1%.
With a ranking of #22, Capella University did quite well on the 2022 Best Value Psychology Schools in Minnesota For Those Making $0-$30k list. Located in Minneapolis, Minnesota, this large private for-profit school awarded 2,219 diplomas to qualified ’s psychology students in 2019-2020.
Capella University did well in our major quality rankings, too. It placed #22 on our “Best Psychology Schools in Minnesota” list. It costs about $17,429 for minnesota psychology students whose families make $0-$30k per year to attend Capella University.
Concordia College at Moorhead ranked #23 on this year’s Best Value Psychology Schools in Minnesota For Those Making $0-$30k list. This small school is located in Moorhead, Minnesota, and it awarded 23 ’s psychology degrees in 2019-2020.
Concordia College Moorhead did well in our major quality rankings, too. It placed #13 on our “Best Psychology Schools in Minnesota” list. It costs about $17,881 for minnesota psychology students whose families make $0-$30k per year to attend Concordia College at Moorhead.
The low student loan default rate of 2.5% 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%.
Augsburg University did quite well in the 2022 Best Value Psychology Schools in Minnesota For Those Making $0-$30k ranking, coming in at #24. Minneapolis, Minnesota is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s psychology degrees to 58 students in 2019-2020.
Augsburg did well in our major quality rankings, too. It placed #18 on our “Best Psychology Schools in Minnesota” list. It costs about $21,179 for minnesota psychology students whose families make $0-$30k per year to attend Augsburg.
University of Northwestern - St Paul landed the #25 spot on the 2022 Best Value Psychology Schools in Minnesota For Those Making $0-$30k ranking. Northwestern is a small private not-for-profit school situated in Saint Paul, Minnesota. It awarded 43 ’s psychology degrees in 2019-2020.
It costs about $19,785 for minnesota psychology students whose families make $0-$30k per year to attend University of Northwestern - St Paul.
The school has an impressive student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%.
Read full report on Psychology at University of Northwestern - St Paul
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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.
Credits
- Credit for the banner image above goes to Nevit Dilmen.
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