Est. Earnings (1yr)
$35,425
Est. from SD median (5 programs)
Est. Median Debt
$26,717
Est. from national median (567 programs)

Analysis

Based on comparable psychology programs in South Dakota, Dakota Wesleyan graduates can expect to earn around $35,425 in their first year—right at the state median and notably above the $31,482 national benchmark. With an estimated $26,717 in debt, the 0.75 debt-to-earnings ratio suggests graduates would dedicate about nine months of their first-year salary to paying off loans, which falls within a manageable range for a bachelor's degree. However, these figures come from peer institutions rather than Dakota Wesleyan's own outcomes, so there's inherent uncertainty in projecting returns.

The South Dakota psychology market shows meaningful variation, with programs like Augustana University producing graduates earning $39,000+ while others lag closer to $27,000. Where Dakota Wesleyan actually lands within this $12,000 spread matters considerably for your child's financial trajectory. Psychology bachelor's degrees typically serve as stepping stones to graduate school or entry-level roles in social services, education, or business—fields where geographic location and specific career path strongly influence earning potential.

For families weighing this investment, the estimated numbers suggest neither a standout opportunity nor a red flag. The practical question is whether your child plans to pursue graduate education (where psychology often leads) and whether they have ties to South Dakota's smaller job market. The absence of school-specific data means you're essentially betting on Dakota Wesleyan performing like the average South Dakota psychology program—a reasonable assumption, but one worth verifying through conversations with current students and recent alumni about actual job placements.

Where Dakota Wesleyan University Stands

Earnings vs. debt across all psychology bachelors's programs nationally

Compare to Similar Programs in South Dakota

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

Scroll to see more →

SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Dakota Wesleyan UniversityMitchell$32,890$35,425*$26,717*
Augustana UniversitySioux Falls$39,190$39,098*$44,332$27,000*0.69
Black Hills State UniversitySpearfish$9,000$35,996*$31,808$27,187*0.76
South Dakota State UniversityBrookings$9,299$35,425*$42,502$25,608*0.72
University of South DakotaVermillion$9,432$31,696*$47,040$24,593*0.78
University of Sioux FallsSioux Falls$20,740$27,241*$35,901$24,856*0.91
National Median$31,482*$25,500*0.81
* Estimated from similar programs

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 Dakota Wesleyan University, approximately 26% 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.

Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 5 similar programs in SD. Actual outcomes may vary.