Analysis
Black Hills State's psychology program starts graduates above both the national median and South Dakota's state average, but the trajectory raises questions. While first-year earnings of $36,000 beat 84% of psychology programs nationally, graduates see their income drop 12% by year four to $31,808—unusual for a field where early-career earnings typically stabilize or grow modestly. The debt load of $27,187 is relatively manageable (lighter than most psychology programs), but declining earnings mean graduates may struggle more with repayment over time than the initial 0.76 debt-to-earnings ratio suggests.
Within South Dakota, this program ranks solidly middle-of-the-pack at the 60th percentile, trailing both Augustana and South Dakota State. However, one significant caveat: these numbers come from fewer than 30 graduates, which means individual employment choices can dramatically skew the results. The earnings decline might reflect a few graduates pursuing graduate school or non-profit work rather than a systemic problem with the program's career preparation.
For families evaluating this program, the key question is whether your student plans to work immediately after graduation or pursue further education. If they're entering the workforce directly, the downward earnings trend—even with the small sample caveat—suggests looking carefully at career support services and alumni outcomes. The debt is reasonable, but make sure there's a clear path to employment that won't follow that declining pattern.
Where Black Hills State University Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How Black Hills State 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 |
|---|---|---|---|
| Black Hills State University | $35,996 | $31,808 | -12% |
| University of South Dakota | $31,696 | $47,040 | +48% |
| Augustana University | $39,098 | $44,332 | +13% |
| South Dakota State University | $35,425 | $42,502 | +20% |
| University of Sioux Falls | $27,241 | $35,901 | +32% |
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 |
|---|---|---|---|---|---|
| $9,000 | $35,996 | $31,808 | $27,187 | 0.76 | |
| $39,190 | $39,098 | $44,332 | $27,000 | 0.69 | |
| $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 Black Hills State University, approximately 18% 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 23 graduates with reported earnings and 32 graduates with debt data. Small samples may not be representative.