Median Earnings (1yr)
$35,996
84th percentile
60th percentile in South Dakota
Median Debt
$27,187
7% above national median

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

School1 Year4 YearsGrowth
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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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Black Hills State UniversitySpearfish$9,000$35,996$31,808$27,1870.76
Augustana UniversitySioux Falls$39,190$39,098$44,332$27,0000.69
South Dakota State UniversityBrookings$9,299$35,425$42,502$25,6080.72
University of South DakotaVermillion$9,432$31,696$47,040$24,5930.78
University of Sioux FallsSioux Falls$20,740$27,241$35,901$24,8560.91
National Median$31,482$25,5000.81

Career Paths

Occupations commonly associated with psychology graduates

Industrial-Organizational Psychologists

Apply principles of psychology to human resources, administration, management, sales, and marketing problems. Activities may include policy planning; employee testing and selection, training, and development; and organizational development and analysis. May work with management to organize the work setting to improve worker productivity.

$94,310/yrJobs growth:

Clinical and Counseling Psychologists

Assess, diagnose, and treat mental and emotional disorders of individuals through observation, interview, and psychological tests. Help individuals with distress or maladjustment understand their problems through their knowledge of case history, interviews with patients, and theory. Provide individual or group counseling services to assist individuals in achieving more effective personal, social, educational, and vocational development and adjustment. May design behavior modification programs and consult with medical personnel regarding the best treatment for patients.

$94,310/yrJobs growth:

Psychologists, All Other

All psychologists not listed separately.

$94,310/yrJobs growth:

Neuropsychologists

Apply theories and principles of neuropsychology to evaluate and diagnose disorders of higher cerebral functioning, often in research and medical settings. Study the human brain and the effect of physiological states on human cognition and behavior. May formulate and administer programs of treatment.

$94,310/yrJobs growth:

Clinical Neuropsychologists

Assess and diagnose patients with neurobehavioral problems related to acquired or developmental disorders of the nervous system, such as neurodegenerative disorders, traumatic brain injury, seizure disorders, and learning disabilities. Recommend treatment after diagnosis, such as therapy, medication, or surgery. Assist with evaluation before and after neurosurgical procedures, such as deep brain stimulation.

$94,310/yrJobs growth:

Psychology Teachers, Postsecondary

Teach courses in psychology, such as child, clinical, and developmental psychology, and psychological counseling. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Managers, All Other

All managers not listed separately.

Loss Prevention Managers

Plan and direct policies, procedures, or systems to prevent the loss of assets. Determine risk exposure or potential liability, and develop risk control measures.

Social Science Research Assistants

Assist social scientists in laboratory, survey, and other social science research. May help prepare findings for publication and assist in laboratory analysis, quality control, or data management.

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.