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2022 Best Value Psychology Schools for a Bachelor’s in Minnesota For Those Making $48-$75k

27 Ranked Colleges
2,677 Degrees Awarded
$31,387 Avg Salary
Best Value Psychology Schools for a Bachelor's in Minnesota For Those Making $48-$75k

It’s not easy to decide which college to attend when there so many options available for students. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Psychology Schools for a Bachelor’s in Minnesota For Those Making $48-$75k” ranking is one tool we have developed to help in this regard.

In 2019-2020, 183,889 psychology students received their degree, making the major the 7th most popular in the country. 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. At the bachelor’s degree level specifically, there were 2,677 psychology graduates with average earnings and debt of $40,526 and $26,035 respectively.

This year’s “Best Value Psychology Schools for a Bachelor’s in Minnesota For Those Making $48-$75k” ranking analyzed 27 colleges that offered a degree in psychology. Not only do the schools that top this list have excellent psychology programs, but they also cost less that 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.

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 for a Bachelor’s in Minnesota For Those Making $48-$75k”.

In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Psychology Schools for a Bachelor’s in Minnesota For Those Making $48-$75k

The following schools top our list of the Best Best Value Psychology Schools for a Bachelor’s in Minnesota For Those Making $48-$75k.

Top 25 Best Value Bachelor’s Degree Colleges for Psychology (Income $48-$75k) in Minnesota

#14 in overall quality

Out of the 27 schools in the Best Value Psychology Schools for a Bachelor’s in Minnesota For Those Making $48-$75k that were part of this year’s ranking, University of Minnesota - Morris landed the #1 spot on the list. University of Minnesota - Morris is a small school located in Morris, Minnesota that handed out 27 bachelors’s psychology degrees in 2019-2020.

In addition to being on our minnesota bachelor’s degree psychology students whose families make $48-$75k list, UMN Morris has also earned the #14 rank in our “Best Psychology Bachelor’s Degree Schools in Minnesota” ranking. The estimated yearly cost for University of Minnesota - Morris is $7,558 for minnesota bachelor’s degree psychology students whose families make $48-$75k.

The low student loan default rate of 2.9% 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 more about Psychology at UMN Morris

#2

University of Minnesota - Twin Cities

Minneapolis, Minnesota
#3 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Minnesota - Twin Cities. The school came in at #2 for the Best Value Psychology Schools for a Bachelor’s in Minnesota For Those Making $48-$75k. UMN Twin Cities is located in Minneapolis, Minnesota and, has a large student population. In 2019-2020, this school awarded 626 bachelors’s psychology degrees to qualified students.

UMN Twin Cities not only placed well in this ranking. It is also #3 on our “Best Psychology Bachelor’s Degree Schools in Minnesota” list. It costs about $12,556 for minnesota bachelor’s degree psychology students whose families make $48-$75k per year to attend University of Minnesota - Twin Cities.

The student loan default rate at the school is 2.2%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 93%, which means students like the school well enough to return for a second year.

Full University of Minnesota - Twin Cities Psychology Report

#8 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Minnesota - Duluth. The school came in at #3 for the Best Value Psychology Schools for a Bachelor’s in Minnesota For Those Making $48-$75k. University of Minnesota - Duluth is a public institution located in Duluth, Minnesota. The school has a fairly large population, and it awarded 126 bachelors’s degrees in 2019-2020.

UMN Duluth also took the #8 spot in our “Best Psychology Bachelor’s Degree Schools in Minnesota” ranking. The estimated yearly cost for UMN Duluth is $12,438 for Minnesota Bachelor’s Degree Psychology students whose families make $48-$75k.

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%.

Full University of Minnesota - Duluth Psychology Report

#4

Carleton College

Northfield, Minnesota
#2 in overall quality

Out of the 27 schools in the Best Value Psychology Schools for a Bachelor’s in Minnesota For Those Making $48-$75k that were part of this year’s ranking, Carleton College landed the #4 spot on the list. Carleton is a small private not-for-profit school situated in Northfield, Minnesota. It awarded 41 bachelors’s psychology degrees in 2019-2020.

Carleton also made our “Best Psychology Bachelor’s Degree Schools in Minnesota” list, coming in at #2. The estimated yearly cost for Carleton is $16,716 for minnesota bachelor’s degree psychology students whose families make $48-$75k.

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%. With a freshman retention rate of 94%, the school does an excellent job of retaining its students. Since the school has a student-to-faculty ratio of 8 to 1, those pursuing a degree will have more opportunities to interact with their professors.

Read full report on Psychology at Carleton

#20 in overall quality

You’ll be in good company if you decide to attend Southwest Minnesota State University. It ranked #5 on our 2022 Best Value Psychology Schools for a Bachelor’s in Minnesota For Those Making $48-$75k list. Southwest Minnesota State University is a medium-sized school located in Marshall, Minnesota that handed out 24 bachelors’s psychology degrees in 2019-2020.

Southwest Minnesota State University also took the #20 spot in our “Best Psychology Bachelor’s Degree Schools in Minnesota” ranking. It costs about $13,988 for Minnesota Bachelor’s Degree Psychology students whose families make $48-$75k per year to attend Southwest Minnesota State University.

Full Southwest Minnesota State University Psychology Report

#6

St Olaf College

Northfield, Minnesota
#7 in overall quality

St Olaf College did quite well in the 2022 Best Value Psychology Schools for a Bachelor’s in Minnesota For Those Making $48-$75k ranking, coming in at #6. Located in Northfield, Minnesota, this small private not-for-profit school awarded 65 diplomas to qualified bachelors’s psychology students in 2019-2020.

St. Olaf also took the #7 spot in our “Best Psychology Bachelor’s Degree Schools in Minnesota” ranking. It costs about $17,577 for minnesota bachelor’s degree psychology students whose families make $48-$75k per year to attend St Olaf College.

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%. The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year.

Full St Olaf College Psychology Report

#7

Winona State University

Winona, Minnesota
#11 in overall quality

Winona State University did quite well in the 2022 Best Value Psychology Schools for a Bachelor’s in Minnesota For Those Making $48-$75k ranking, coming in at #7. Winona State is located in Winona, Minnesota and, has a medium-sized student population. In 2019-2020, this school awarded 75 bachelors’s psychology degrees to qualified students.

As a testament to the quality of education offered at Winona State, the school also landed the #11 spot in our “Best Psychology Bachelor’s Degree Schools in Minnesota” ranking. The yearly cost to attend Winona State is $15,140 for Minnesota Bachelor’s Degree Psychology students whose families make $48-$75k.

The student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%.

Read more about Psychology at Winona State University

#13 in overall quality

With a ranking of #8, Minnesota State University - Mankato did quite well on the 2022 Best Value Psychology Schools for a Bachelor’s in Minnesota For Those Making $48-$75k list. Minnesota State Mankato is a fairly large school located in Mankato, Minnesota that handed out 125 bachelors’s psychology degrees in 2019-2020.

Minnesota State Mankato also made our “Best Psychology Bachelor’s Degree Schools in Minnesota” list, coming in at #13. The yearly cost to attend Minnesota State Mankato is $14,451 for minnesota bachelor’s degree psychology students whose families make $48-$75k.

The student loan default rate at the school is 4.4%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Psychology at Minnesota State Mankato

#9

Saint Cloud State University

Saint Cloud, Minnesota
#23 in overall quality

Saint Cloud State University ranked #9 on this year’s Best Value Psychology Schools for a Bachelor’s in Minnesota For Those Making $48-$75k list. Located in Saint Cloud, Minnesota, this fairly large public school handed out 118 degrees to qualified bachelors’s psychology students in 2019-2020.

St. Cloud State University also took the #23 spot in our “Best Psychology Bachelor’s Degree Schools in Minnesota” ranking. It costs about $13,373 for minnesota bachelor’s degree psychology students whose families make $48-$75k per year to attend St. Cloud State University.

Full Saint Cloud State University Psychology Report

#10

Capella University

Minneapolis, Minnesota
#21 in overall quality

With a ranking of #10, Capella University did quite well on the 2022 Best Value Psychology Schools for a Bachelor’s in Minnesota For Those Making $48-$75k list. Minneapolis, Minnesota is the setting for this large institution of higher learning. The private for-profit school handed out bachelors’s psychology degrees to 435 students in 2019-2020.

In addition to being on our minnesota bachelor’s degree psychology students whose families make $48-$75k list, Capella University has also earned the #21 rank in our “Best Psychology Bachelor’s Degree Schools in Minnesota” ranking.

Full Capella University Psychology Report

#11

College of Saint Benedict

Saint Joseph, Minnesota
#1 in overall quality

College of Saint Benedict did quite well in the 2022 Best Value Psychology Schools for a Bachelor’s in Minnesota For Those Making $48-$75k ranking, coming in at #11. College of Saint Benedict is a small school located in Saint Joseph, Minnesota that handed out 44 bachelors’s psychology degrees in 2019-2020.

CSB did well in our major quality rankings, too. It placed #1 on our “Best Psychology Bachelor’s Degree Schools in Minnesota” list. The yearly cost to attend College of Saint Benedict is $20,978 for minnesota bachelor’s degree psychology students whose families make $48-$75k.

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%. The school has an excellent freshman retention rate of 89%, which means students like the school well enough to return for a second year.

Read full report on Psychology at CSB

#12

Bemidji State University

Bemidji, Minnesota
#22 in overall quality

Bemidji State University ranked #12 on this year’s Best Value Psychology Schools for a Bachelor’s in Minnesota For Those Making $48-$75k list. This small school is located in Bemidji, Minnesota, and it awarded 71 bachelors’s psychology degrees in 2019-2020.

Bemidji State University also made our “Best Psychology Bachelor’s Degree Schools in Minnesota” list, coming in at #22. The yearly cost to attend Bemidji State University is $14,001 for Minnesota Bachelor’s Degree Psychology students whose families make $48-$75k.

Full Bemidji State University Psychology Report

#13

Macalester College

Saint Paul, Minnesota
#16 in overall quality

Macalester College ranked #13 on this year’s Best Value Psychology Schools for a Bachelor’s in Minnesota For Those Making $48-$75k list. Macalester College is located in Saint Paul, Minnesota and, has a small student population. In 2019-2020, this school awarded 30 bachelors’s psychology degrees to qualified students.

Macalester also took the #16 spot in our “Best Psychology Bachelor’s Degree Schools in Minnesota” ranking. The estimated yearly cost for Macalester College is $20,102 for minnesota bachelor’s degree psychology students whose families make $48-$75k.

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 low student loan default rate of 0.9% 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%. The impressive student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.

Full Macalester Psychology Report

#14

St Catherine University

Saint Paul, Minnesota
#18 in overall quality

St Catherine University did quite well in the 2022 Best Value Psychology Schools for a Bachelor’s in Minnesota For Those Making $48-$75k ranking, coming in at #14. Saint Paul, Minnesota is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s psychology degrees to 47 students in 2019-2020.

St. Kate’s not only placed well in this ranking. It is also #18 on our “Best Psychology Bachelor’s Degree Schools in Minnesota” list. It costs about $17,062 for Minnesota Bachelor’s Degree Psychology students whose families make $48-$75k per year to attend St. Kate’s.

The school has an impressive student loan default rate. It’s only 2.7%, which is much lower than the national rate of 10.1%.

Read full report on Psychology at St Catherine University

#15

Gustavus Adolphus College

Saint Peter, Minnesota
#4 in overall quality

Gustavus Adolphus College came in at #15 in this year’s edition of the Best Value Psychology Schools for a Bachelor’s in Minnesota For Those Making $48-$75k ranking. Gustavus Adolphus is located in Saint Peter, Minnesota and, has a small student population. In 2019-2020, this school awarded 47 bachelors’s psychology degrees to qualified students.

As a testament to the quality of education offered at Gustavus Adolphus, the school also landed the #4 spot in our “Best Psychology Bachelor’s Degree Schools in Minnesota” ranking. The estimated yearly cost for Gustavus Adolphus College is $14,548 for minnesota bachelor’s degree psychology students whose families make $48-$75k.

The school has an impressive student loan default rate. It’s only 1.5%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 88%, the school does an excellent job of retaining its students.

Full Gustavus Adolphus Psychology Report

#9 in overall quality

Saint Mary’s University of Minnesota did quite well in the 2022 Best Value Psychology Schools for a Bachelor’s in Minnesota For Those Making $48-$75k ranking, coming in at #16. SMU MN is located in Winona, Minnesota and, has a medium-sized student population. In 2019-2020, this school awarded 8 bachelors’s psychology degrees to qualified students.

In addition to being on our minnesota bachelor’s degree psychology students whose families make $48-$75k list, SMU MN has also earned the #9 rank in our “Best Psychology Bachelor’s Degree Schools in Minnesota” ranking. The estimated yearly cost for SMU MN is $16,050 for Minnesota Bachelor’s Degree Psychology students whose families make $48-$75k.

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%.

Full SMU MN Psychology Report

#17

Saint Johns University

Collegeville, Minnesota
#6 in overall quality

Saint Johns University landed the #17 spot on the 2022 Best Value Psychology Schools for a Bachelor’s in Minnesota For Those Making $48-$75k ranking. Located in Collegeville, Minnesota, this small private not-for-profit school awarded 16 degrees to qualified bachelors’s psychology students in 2019-2020.

In addition to being on our minnesota bachelor’s degree psychology students whose families make $48-$75k list, SJU has also earned the #6 rank in our “Best Psychology Bachelor’s Degree Schools in Minnesota” ranking. The estimated yearly cost for Saint Johns University is $19,017 for minnesota bachelor’s degree psychology students whose families make $48-$75k.

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%.

Read full report on Psychology at SJU

#25 in overall quality

Minnesota State University - Moorhead came in at #18 in this year’s edition of the Best Value Psychology Schools for a Bachelor’s in Minnesota For Those Making $48-$75k ranking. MSU Moorhead is a medium-sized public school situated in Moorhead, Minnesota. It awarded 59 bachelors’s psychology degrees in 2019-2020.

In addition to being on our minnesota bachelor’s degree psychology students whose families make $48-$75k list, MSU Moorhead has also earned the #25 rank in our “Best Psychology Bachelor’s Degree Schools in Minnesota” ranking. The estimated yearly cost for Minnesota State University - Moorhead is $15,002 for Minnesota Bachelor’s Degree Psychology students whose families make $48-$75k.

The school has an impressive student loan default rate. It’s only 4.5%, which is much lower than the national rate of 10.1%.

Read more about Psychology at MSU Moorhead

#19

Concordia University, Saint Paul

Saint Paul, Minnesota

Concordia University, Saint Paul came in at #19 in this year’s edition of the Best Value Psychology Schools for a Bachelor’s in Minnesota For Those Making $48-$75k ranking. Concordia University, Saint Paul is located in Saint Paul, Minnesota and, has a medium-sized student population. In 2019-2020, this school awarded 59 bachelors’s psychology degrees to qualified students.

The yearly cost to attend Concordia University, Saint Paul is $14,023 for Minnesota Bachelor’s Degree Psychology students whose families make $48-$75k.

Read full report on Psychology at Concordia University, Saint Paul

#10 in overall quality

The College of Saint Scholastica ranked #20 on this year’s Best Value Psychology Schools for a Bachelor’s in Minnesota For Those Making $48-$75k list. St. Scholastica is a small school located in Duluth, Minnesota that handed out 59 bachelors’s psychology degrees in 2019-2020.

St. Scholastica did well in our major quality rankings, too. It placed #10 on our “Best Psychology Bachelor’s Degree Schools in Minnesota” list. The estimated yearly cost for St. Scholastica is $22,813 for Minnesota Bachelor’s Degree Psychology students whose families make $48-$75k.

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%.

Full St. Scholastica Psychology Report

#21

Metropolitan State University

Saint Paul, Minnesota
#24 in overall quality

Metropolitan State University ranked #21 on this year’s Best Value Psychology Schools for a Bachelor’s in Minnesota For Those Making $48-$75k list. Located in Saint Paul, Minnesota, this medium-sized public school handed out 131 degrees to qualified bachelors’s psychology students in 2019-2020.

Metro State also made our “Best Psychology Bachelor’s Degree Schools in Minnesota” list, coming in at #24. The estimated yearly cost for Metropolitan State University is $15,869 for minnesota bachelor’s degree psychology students whose families make $48-$75k.

Read more about Psychology at Metro State

#22

Hamline University

Saint Paul, Minnesota
#12 in overall quality

Hamline University came in at #22 in this year’s edition of the Best Value Psychology Schools for a Bachelor’s in Minnesota For Those Making $48-$75k ranking. Hamline is located in Saint Paul, Minnesota and, has a small student population. In 2019-2020, this school awarded 60 bachelors’s psychology degrees to qualified students.

Hamline did well in our major quality rankings, too. It placed #12 on our “Best Psychology Bachelor’s Degree Schools in Minnesota” list. The estimated yearly cost for Hamline is $18,963 for Minnesota Bachelor’s Degree Psychology students whose families make $48-$75k.

The student loan default rate at the school is 3.3%, which is quite low when compared to the national default rate of 10.1%.

Read more about Psychology at Hamline University

#23

Concordia College at Moorhead

Moorhead, Minnesota
#15 in overall quality

Concordia College at Moorhead landed the #23 spot on the 2022 Best Value Psychology Schools for a Bachelor’s in Minnesota For Those Making $48-$75k ranking. Concordia College at Moorhead is a small school located in Moorhead, Minnesota that handed out 23 bachelors’s psychology degrees in 2019-2020.

As a testament to the quality of education offered at Concordia College Moorhead, the school also landed the #15 spot in our “Best Psychology Bachelor’s Degree Schools in Minnesota” ranking. It costs about $20,924 for Minnesota Bachelor’s Degree Psychology students whose families make $48-$75k per year to attend Concordia College at Moorhead.

The school has an impressive student loan default rate. It’s only 2.5%, which is much lower than the national rate of 10.1%.

Full Concordia College Moorhead Psychology Report

#24

University of Northwestern - St Paul

Saint Paul, Minnesota

University of Northwestern - St Paul landed the #24 spot on the 2022 Best Value Psychology Schools for a Bachelor’s in Minnesota For Those Making $48-$75k ranking. Northwestern is a small school located in Saint Paul, Minnesota that handed out 43 bachelors’s psychology degrees in 2019-2020.

The estimated yearly cost for University of Northwestern - St Paul is $16,780 for Minnesota Bachelor’s Degree Psychology students whose families make $48-$75k.

The low student loan default rate of 3.6% 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%.

Full Northwestern Psychology Report

#25

Augsburg University

Minneapolis, Minnesota
#19 in overall quality

Augsburg University did quite well in the 2022 Best Value Psychology Schools for a Bachelor’s in Minnesota For Those Making $48-$75k ranking, coming in at #25. This small school is located in Minneapolis, Minnesota, and it awarded 58 bachelors’s psychology degrees in 2019-2020.

Augsburg also took the #19 spot in our “Best Psychology Bachelor’s Degree Schools in Minnesota” ranking. The estimated yearly cost for Augsburg is $23,301 for Minnesota Bachelor’s Degree Psychology students whose families make $48-$75k.

Full Augsburg University Psychology Report

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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