Median Earnings (1yr)
$35,996
84th percentile (60th in SD)
Median Debt
$27,187
7% above national median
Debt-to-Earnings
0.76
Manageable
Sample Size
23
Limited data

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

Black Hills State UniversityOther psychology programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How Black Hills State University graduates compare to all programs nationally

Black Hills State University graduates earn $36k, placing them in the 84th percentile of all psychology bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in South Dakota

Psychology bachelors's programs at peer institutions in South Dakota (8 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Black Hills State University$35,996$31,808$27,1870.76
Augustana University$39,098$44,332$27,0000.69
South Dakota State University$35,425$42,502$25,6080.72
University of South Dakota$31,696$47,040$24,5930.78
University of Sioux Falls$27,241$35,901$24,8560.91
National Median$31,482—$25,5000.81

Other Psychology Programs in South Dakota

Compare tuition, earnings, and debt across South Dakota schools

SchoolIn-State TuitionEarnings (1yr)Debt
Augustana University
Sioux Falls
$39,190$39,098$27,000
South Dakota State University
Brookings
$9,299$35,425$25,608
University of South Dakota
Vermillion
$9,432$31,696$24,593
University of Sioux Falls
Sioux Falls
$20,740$27,241$24,856

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.