Analysis
Augustana University's psychology program shows remarkably strong first-year earnings at $39,098—nearly $8,000 above the national median and $3,600 above South Dakota's typical psychology graduate. That 95th percentile national ranking is genuinely impressive, though the small sample size (under 30 graduates) means these results may not be typical for every cohort. Among South Dakota's eight psychology programs, this places Augustana in the upper half at the 60th percentile.
The $27,000 debt load sits slightly above state and national medians but remains manageable with a debt-to-earnings ratio of 0.69. More importantly, earnings grow 13% by year four to $44,332, suggesting graduates aren't trapped in entry-level positions. This trajectory matters for psychology majors, who often need graduate school for clinical work but want to build career momentum first.
The caveat here is real: with fewer than 30 graduates in the dataset, a few high earners in consulting or HR roles could skew the numbers upward. Still, even if actual outcomes vary, Augustana's smaller cohorts likely mean better advising and professional connections—advantages that help explain why graduates start strong compared to peers at larger South Dakota universities. For families prioritizing immediate employability in a psychology bachelor's program, these numbers warrant serious consideration despite the statistical uncertainty.
Where Augustana University Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Augustana University graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Augustana University | $39,098 | $44,332 | +13% |
| University of South Dakota | $31,696 | $47,040 | +48% |
| South Dakota State University | $35,425 | $42,502 | +20% |
| University of Sioux Falls | $27,241 | $35,901 | +32% |
| Black Hills State University | $35,996 | $31,808 | -12% |
Compare to Similar Programs in South Dakota
Psychology bachelors's programs at peer institutions in South Dakota (8 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $39,190 | $39,098 | $44,332 | $27,000 | 0.69 | |
| $9,000 | $35,996 | $31,808 | $27,187 | 0.76 | |
| $9,299 | $35,425 | $42,502 | $25,608 | 0.72 | |
| $9,432 | $31,696 | $47,040 | $24,593 | 0.78 | |
| $20,740 | $27,241 | $35,901 | $24,856 | 0.91 | |
| National Median | — | $31,482 | — | $25,500 | 0.81 |
Career Paths
Occupations commonly associated with psychology graduates
Industrial-Organizational Psychologists
Clinical and Counseling Psychologists
Psychologists, All Other
Neuropsychologists
Clinical Neuropsychologists
Psychology Teachers, Postsecondary
Managers, All Other
Loss Prevention Managers
Social Science Research Assistants
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Augustana University, approximately 16% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Sample Size: Based on 19 graduates with reported earnings and 31 graduates with debt data. Small samples may not be representative.