2022 Best Value Colleges for Psychology (Income Over $110k) in Minnesota
It’s not easy to decide which college to attend when there so many options available for students. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Vallue Psychology Schools in Minnesota For Those Making Over $110k” ranking.
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 Vallue Psychology Schools in Minnesota For Those Making Over $110k” ranking looked at 26 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.
Some of the factors we look at when determining these rankings are overall quality of the psychology program at the school and the cost of the school after aid is awarded among other things. See our ranking methodology to learn more.
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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 Vallue Psychology Schools in Minnesota For Those Making Over $110k”.
To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.
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Best Vallue Psychology Schools in Minnesota For Those Making Over $110k
The following schools top our list of the Best Best Vallue Psychology Schools in Minnesota For Those Making Over $110k.
Top 25 Best Value Colleges for Psychology (Income Over $110k) in Minnesota
Out of the 26 schools in the Best Vallue Psychology Schools in Minnesota For Those Making Over $110k 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 public school situated in Morris, Minnesota. It awarded 27 ’s psychology degrees in 2019-2020.
In addition to being on our minnesota psychology students whose families make more than $110k list, UMN Morris has also earned the #12 rank in our “Best Psychology Schools in Minnesota” ranking. The yearly cost to attend UMN Morris is $11,412 for Minnesota Psychology students whose families make more than $110k.
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%.
Out of the 26 schools in the Best Vallue Psychology Schools in Minnesota For Those Making Over $110k that were part of this year’s ranking, Southwest Minnesota State University landed the #2 spot on the list. 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 not only placed well in this ranking. It is also #19 on our “Best Psychology Schools in Minnesota” list. It costs about $14,397 for minnesota psychology students whose families make more than $110k per year to attend Southwest Minnesota State University.
Out of the 26 schools in the Best Vallue Psychology Schools in Minnesota For Those Making Over $110k that were part of this year’s ranking, Winona State University landed the #3 spot on the 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 more than $110k list, Winona State has also earned the #10 rank in our “Best Psychology Schools in Minnesota” ranking. The estimated yearly cost for Winona State is $17,656 for minnesota psychology students whose families make more than $110k.
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%.
You’ll join some of the best and brightest minds around if you attend Minnesota State University - Mankato. The school came in at #4 for the Best Vallue Psychology Schools in Minnesota For Those Making Over $110k. Minnesota State Mankato is a public institution located in Mankato, Minnesota. The school has a fairly large population, and it awarded 174 ’s degrees in 2019-2020.
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 yearly cost to attend Minnesota State Mankato is $16,221 for Minnesota Psychology students whose families make more than $110k.
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 University - Mankato
You’ll join some of the best and brightest minds around if you attend Saint Cloud State University. The school came in at #5 for the Best Vallue Psychology Schools in Minnesota For Those Making Over $110k. Located in Saint Cloud, Minnesota, this fairly large public school awarded 170 degrees to qualified ’s psychology students 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 estimated yearly cost for Saint Cloud State University is $14,267 for minnesota psychology students whose families make more than $110k.
Bemidji State University came in at #6 in this year’s edition of the Best Vallue Psychology Schools in Minnesota For Those Making Over $110k ranking. 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. It costs about $15,868 for minnesota psychology students whose families make more than $110k per year to attend Bemidji State University.
University of Minnesota - Twin Cities did quite well in the 2022 Best Vallue Psychology Schools in Minnesota For Those Making Over $110k ranking, coming in at #7. 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 also took the #4 spot in our “Best Psychology Schools in Minnesota” ranking. It costs about $17,740 for minnesota psychology students whose families make more than $110k per year to attend University of Minnesota - Twin Cities.
Students who start out at the school are likely to stick around. The freshman retention rate is 93%. 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%.
With a ranking of #8, University of Minnesota - Duluth did quite well on the 2022 Best Vallue Psychology Schools in Minnesota For Those Making Over $110k list. Duluth, Minnesota is the setting for this fairly large institution of higher learning. The public school handed out ’s psychology degrees to 140 students in 2019-2020.
UMN Duluth also made our “Best Psychology Schools in Minnesota” list, coming in at #8. The yearly cost to attend UMN Duluth is $17,067 for minnesota psychology students whose families make more than $110k.
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%.
Concordia University, Saint Paul did quite well in the 2022 Best Vallue Psychology Schools in Minnesota For Those Making Over $110k ranking, coming in at #9. Concordia University, Saint Paul is located in Saint Paul, Minnesota and, has a medium-sized student population. In 2019-2020, this school awarded 59 ’s psychology degrees to qualified students.
It costs about $16,245 for Minnesota Psychology students whose families make more than $110k per year to attend Concordia University, Saint Paul.
Read full report on Psychology at Concordia University, Saint Paul
St Catherine University ranked #10 on this year’s Best Vallue Psychology Schools in Minnesota For Those Making Over $110k list. St Catherine University is a private not-for-profit institution located in Saint Paul, Minnesota. The school has a small population, and it awarded 47 ’s degrees in 2019-2020.
In addition to being on our minnesota psychology students whose families make more than $110k list, St. Kate’s has also earned the #16 rank in our “Best Psychology Schools in Minnesota” ranking. The yearly cost to attend St Catherine University is $19,078 for minnesota psychology students whose families make more than $110k.
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%.
With a ranking of #11, Minnesota State University - Moorhead did quite well on the 2022 Best Vallue Psychology Schools in Minnesota For Those Making Over $110k list. Minnesota State University - Moorhead is a medium-sized school located in Moorhead, Minnesota that handed out 77 ’s psychology degrees in 2019-2020.
MSU Moorhead not only placed well in this ranking. It is also #25 on our “Best Psychology Schools in Minnesota” list. It costs about $16,893 for minnesota psychology students whose families make more than $110k per year to attend Minnesota State University - Moorhead.
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%.
Full Minnesota State University - Moorhead Psychology Report
With a ranking of #12, Metropolitan State University did quite well on the 2022 Best Vallue Psychology Schools in Minnesota For Those Making Over $110k list. Saint Paul, Minnesota is the setting for this medium-sized institution of higher learning. The public school handed out ’s psychology degrees to 133 students in 2019-2020.
Metro State also made our “Best Psychology Schools in Minnesota” list, coming in at #24. It costs about $15,225 for minnesota psychology students whose families make more than $110k per year to attend Metropolitan State University.
Read full report on Psychology at Metropolitan State University
Saint Mary’s University of Minnesota came in at #13 in this year’s edition of the Best Vallue Psychology Schools in Minnesota For Those Making Over $110k ranking. SMU MN is located in Winona, Minnesota and, has a medium-sized student population. In 2019-2020, this school awarded 135 ’s psychology degrees to qualified students.
SMU MN also made our “Best Psychology Schools in Minnesota” list, coming in at #17. The yearly cost to attend SMU MN is $19,514 for Minnesota Psychology students whose families make more than $110k.
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%.
The College of Saint Scholastica did quite well in the 2022 Best Vallue Psychology Schools in Minnesota For Those Making Over $110k ranking, coming in at #14. St. Scholastica is located in Duluth, Minnesota and, has a small student population. In 2019-2020, this school awarded 59 ’s psychology degrees to qualified students.
St. Scholastica also made our “Best Psychology Schools in Minnesota” list, coming in at #9. The yearly cost to attend The College of Saint Scholastica is $24,066 for Minnesota Psychology students whose families make more than $110k.
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%.
Read more about Psychology at The College of Saint Scholastica
College of Saint Benedict came in at #15 in this year’s edition of the Best Vallue Psychology Schools in Minnesota For Those Making Over $110k ranking. CSB is a small private not-for-profit school situated in Saint Joseph, Minnesota. It awarded 44 ’s psychology degrees in 2019-2020.
CSB did well in our major quality rankings, too. It placed #1 on our “Best Psychology Schools in Minnesota” list. The estimated yearly cost for College of Saint Benedict is $25,785 for minnesota psychology students whose families make more than $110k.
The school has an excellent freshman retention rate of 89%, 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%.
Gustavus Adolphus College did quite well in the 2022 Best Vallue Psychology Schools in Minnesota For Those Making Over $110k ranking, coming in at #16. Gustavus Adolphus is a small private not-for-profit school situated in Saint Peter, Minnesota. It awarded 47 ’s psychology degrees in 2019-2020.
As a testament to the quality of education offered at Gustavus Adolphus, the school also landed the #3 spot in our “Best Psychology Schools in Minnesota” ranking. The yearly cost to attend Gustavus Adolphus College is $19,093 for Minnesota Psychology students whose families make more than $110k.
The school has an excellent freshman retention rate of 88%, which means students like the school well enough to return for a second year. 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%.
Hamline University landed the #17 spot on the 2022 Best Vallue Psychology Schools in Minnesota For Those Making Over $110k ranking. Hamline is a small school located in Saint Paul, Minnesota that handed out 60 ’s psychology degrees in 2019-2020.
Hamline did well in our major quality rankings, too. It placed #11 on our “Best Psychology Schools in Minnesota” list. It costs about $20,866 for minnesota psychology students whose families make more than $110k per year to attend Hamline.
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%.
Concordia College at Moorhead did quite well in the 2022 Best Vallue Psychology Schools in Minnesota For Those Making Over $110k ranking, coming in at #18. Concordia College at Moorhead is a private not-for-profit institution located in Moorhead, Minnesota. The school has a small population, and it awarded 23 ’s degrees in 2019-2020.
Concordia College Moorhead not only placed well in this ranking. It is also #13 on our “Best Psychology Schools in Minnesota” list. The estimated yearly cost for Concordia College Moorhead is $23,029 for minnesota psychology students whose families make more than $110k.
The student loan default rate at the school is 2.5%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Psychology at Concordia College at Moorhead
Saint Johns University landed the #19 spot on the 2022 Best Vallue Psychology Schools in Minnesota For Those Making Over $110k ranking. SJU is a small school located in Collegeville, Minnesota that handed out 16 ’s psychology degrees in 2019-2020.
SJU also took the #5 spot in our “Best Psychology Schools in Minnesota” ranking. The yearly cost to attend SJU is $24,271 for minnesota psychology students whose families make more than $110k.
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%.
With a ranking of #20, University of St Thomas Minnesota did quite well on the 2022 Best Vallue Psychology Schools in Minnesota For Those Making Over $110k list. Saint Paul, Minnesota is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out ’s psychology degrees to 96 students in 2019-2020.
UST MN also took the #6 spot in our “Best Psychology Schools in Minnesota” ranking. The estimated yearly cost for University of St Thomas Minnesota is $29,155 for Minnesota Psychology students whose families make more than $110k.
The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 2.1%, which is quite low when compared to the national default rate of 10.1%.
University of Northwestern - St Paul did quite well in the 2022 Best Vallue Psychology Schools in Minnesota For Those Making Over $110k ranking, coming in at #21. Northwestern is a private not-for-profit institution located in Saint Paul, Minnesota. The school has a small population, and it awarded 43 ’s degrees in 2019-2020.
The yearly cost to attend University of Northwestern - St Paul is $21,871 for Minnesota Psychology students whose families make more than $110k.
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%.
With a ranking of #22, Augsburg University did quite well on the 2022 Best Vallue Psychology Schools in Minnesota For Those Making Over $110k list. 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.
In addition to being on our minnesota psychology students whose families make more than $110k list, Augsburg has also earned the #18 rank in our “Best Psychology Schools in Minnesota” ranking. The estimated yearly cost for Augsburg University is $24,653 for Minnesota Psychology students whose families make more than $110k.
With a ranking of #23, St Olaf College did quite well on the 2022 Best Vallue Psychology Schools in Minnesota For Those Making Over $110k list. St. Olaf is a small school located in Northfield, Minnesota that handed out 65 ’s psychology degrees in 2019-2020.
St. Olaf did well in our major quality rankings, too. It placed #7 on our “Best Psychology Schools in Minnesota” list. It costs about $23,543 for Minnesota Psychology students whose families make more than $110k per year to attend St. Olaf.
The student loan default rate at the school is 1.0%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 91%, the school does an excellent job of retaining its students.
With a ranking of #24, Bethel University Minnesota did quite well on the 2022 Best Vallue Psychology Schools in Minnesota For Those Making Over $110k list. Bethel University Minnesota is a small private not-for-profit school situated in Saint Paul, Minnesota. It awarded 36 ’s psychology degrees in 2019-2020.
Bethel University Minnesota not only placed well in this ranking. It is also #20 on our “Best Psychology Schools in Minnesota” list. The yearly cost to attend Bethel University Minnesota is $25,191 for Minnesota Psychology students whose families make more than $110k.
The student loan default rate at the school is 3.0%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 85%.
Carleton College landed the #25 spot on the 2022 Best Vallue Psychology Schools in Minnesota For Those Making Over $110k ranking. Carleton College is a small private not-for-profit school situated in Northfield, Minnesota. It awarded 41 ’s psychology degrees in 2019-2020.
Carleton not only placed well in this ranking. It is also #2 on our “Best Psychology Schools in Minnesota” list. The yearly cost to attend Carleton College is $31,133 for Minnesota Psychology students whose families make more than $110k.
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. With a freshman retention rate of 94%, the school does an excellent job of retaining its students. The low student loan default rate of 1.3% 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%.
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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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