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2022 Best Value Master’s Degree Colleges for Psychology (Income $48-$75k) in Minnesota

10 Ranked Colleges
2,491 Degrees Awarded
$17,100 Avg Grad Tuition & Fees*
Best Value Psychology Schools for a Master'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. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Psychology Schools for a Master’s in Minnesota For Those Making $48-$75k” ranking - to help you make that 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. At the master’s degree level specifically, there were 2,491 psychology graduates with average earnings and debt of $55,396 and $40,953 respectively.

This year’s “Best Value Psychology Schools for a Master’s in Minnesota For Those Making $48-$75k” ranking looked at 10 colleges that offer degrees in a bachelor’s 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.

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 psychology program at the school. See our ranking methodology to learn more.

More Ways to Rank Psychology Schools

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 Master’s in Minnesota For Those Making $48-$75k”.

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. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

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

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

Top 10 Best Value Master’s Degree Colleges for Psychology (Income $48-$75k) in Minnesota

#1

University of Minnesota - Twin Cities

Minneapolis, Minnesota
#1 in overall quality

You’ll be in good company if you decide to attend University of Minnesota - Twin Cities. It ranked #1 on our 2022 Best Value Psychology Schools for a Master’s in Minnesota For Those Making $48-$75k list. University of Minnesota - Twin Cities is a large school located in Minneapolis, Minnesota that handed out 69 masters’s psychology degrees in 2019-2020.

UMN Twin Cities not only placed well in this ranking. It is also #1 on our “Best Psychology Master’s Degree Schools in Minnesota” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Minnesota - Twin Cities are $28,845.

Read more about Psychology at UMN Twin Cities

#7 in overall quality

You’ll be in good company if you decide to attend University of Minnesota - Duluth. It ranked #2 on our 2022 Best Value Psychology Schools for a Master’s in Minnesota For Those Making $48-$75k list. UMN Duluth is a fairly large public school situated in Duluth, Minnesota. It awarded 14 masters’s psychology degrees in 2019-2020.

UMN Duluth also took the #7 spot in our “Best Psychology Master’s Degree Schools in Minnesota” ranking. Average graduate tuition and fees at UMN Duluth are $28,606, but some majors have different tuition rates.

Read more about Psychology at UMN Duluth

#3

Saint Cloud State University

Saint Cloud, Minnesota
#8 in overall quality

You’ll be in good company if you decide to attend Saint Cloud State University. It ranked #3 on our 2022 Best Value Psychology Schools for a Master’s in Minnesota For Those Making $48-$75k list. St. Cloud State University is a public institution located in Saint Cloud, Minnesota. The school has a fairly large population, and it awarded 52 masters’s degrees in 2019-2020.

St. Cloud State University also made our “Best Psychology Master’s Degree Schools in Minnesota” list, coming in at #8. Average graduate tuition and fees at Saint Cloud State University are $12,904, but some majors have different tuition rates.

Read full report on Psychology at St. Cloud State University

#6 in overall quality

Out of the 10 schools in the Best Value Psychology Schools for a Master’s in Minnesota For Those Making $48-$75k that were part of this year’s ranking, Minnesota State University - Mankato landed the #4 spot on the list. Located in Mankato, Minnesota, this fairly large public school handed out 33 diplomas to qualified masters’s psychology students in 2019-2020.

Minnesota State Mankato not only placed well in this ranking. It is also #6 on our “Best Psychology Master’s Degree Schools in Minnesota” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Minnesota State Mankato are $8,788.

Full Minnesota State University - Mankato Psychology Report

#5

Capella University

Minneapolis, Minnesota
#2 in overall quality

Out of the 10 schools in the Best Value Psychology Schools for a Master’s in Minnesota For Those Making $48-$75k that were part of this year’s ranking, Capella University landed the #5 spot on the list. Minneapolis, Minnesota is the setting for this large institution of higher learning. The private for-profit school handed out masters’s psychology degrees to 1,294 students in 2019-2020.

Capella University not only placed well in this ranking. It is also #2 on our “Best Psychology Master’s Degree Schools in Minnesota” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Capella University are $14,767.

Read more about Psychology at Capella University

#5 in overall quality

Saint Mary’s University of Minnesota came in at #6 in this year’s edition of the Best Value Psychology Schools for a Master’s in Minnesota For Those Making $48-$75k ranking. Located in Winona, Minnesota, this medium-sized private not-for-profit school handed out 115 diplomas to qualified masters’s psychology students in 2019-2020.

SMU MN not only placed well in this ranking. It is also #5 on our “Best Psychology Master’s Degree Schools in Minnesota” list. Average graduate tuition and fees at SMU MN are $10,260, but some majors have different tuition rates.

Read more about Psychology at SMU MN

#10 in overall quality

Minnesota State University - Moorhead came in at #7 in this year’s edition of the Best Value Psychology Schools for a Master’s in Minnesota For Those Making $48-$75k ranking. Minnesota State University - Moorhead is a medium-sized public school situated in Moorhead, Minnesota. It awarded 10 masters’s psychology degrees in 2019-2020.

In addition to being on our minnesota master’s degree psychology students whose families make $48-$75k list, MSU Moorhead has also earned the #10 rank in our “Best Psychology Master’s Degree Schools in Minnesota” ranking. Average graduate tuition and fees at Minnesota State University - Moorhead are $9,900, but you may pay more or less depending on your major.

Read full report on Psychology at MSU Moorhead

#8

Metropolitan State University

Saint Paul, Minnesota

Metropolitan State University did quite well in the 2022 Best Value Psychology Schools for a Master’s in Minnesota For Those Making $48-$75k ranking, coming in at #8. Saint Paul, Minnesota is the setting for this medium-sized institution of higher learning. The public school handed out masters’s psychology degrees to 2 students in 2019-2020.

Metro State also made our “Best Psychology Master’s Degree Schools in Minnesota” list, coming in at #0. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Metropolitan State University are $17,552.

Read full report on Psychology at Metropolitan State University

#9

Bethel University Minnesota

Saint Paul, Minnesota
#9 in overall quality

Bethel University Minnesota came in at #9 in this year’s edition of the Best Value Psychology Schools for a Master’s in Minnesota For Those Making $48-$75k ranking. Bethel University Minnesota is a private not-for-profit institution located in Saint Paul, Minnesota. The school has a small population, and it awarded 5 masters’s degrees in 2019-2020.

Bethel University Minnesota did well in our major quality rankings, too. It placed #9 on our “Best Psychology Master’s Degree Schools in Minnesota” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Bethel University Minnesota are $11,700.

Read full report on Psychology at Bethel University Minnesota

#10

University of St Thomas Minnesota

Saint Paul, Minnesota
#3 in overall quality

University of St Thomas Minnesota ranked #10 on this year’s Best Value Psychology Schools for a Master’s in Minnesota For Those Making $48-$75k list. UST MN is a private not-for-profit institution located in Saint Paul, Minnesota. The school has a medium-sized population, and it awarded 43 masters’s degrees in 2019-2020.

As a testament to the quality of education offered at UST MN, the school also landed the #3 spot in our “Best Psychology Master’s Degree Schools in Minnesota” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of St Thomas Minnesota are $24,814.

Read full report on Psychology at University of St Thomas Minnesota

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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