Analysis
Psychology majors in South Dakota typically start around $35,400 and carry about $25,600 in debt—figures that Northern State's program likely mirrors based on peer institutions across the state. That 0.72 debt-to-earnings ratio suggests manageable monthly payments, though not generous breathing room. By year four, earnings climb to just over $50,000, which represents solid mid-career momentum and outpaces the national psychology median of $31,500 by a comfortable margin.
The challenge here is that we're working entirely with estimates—Northern State's graduating class was too small for the Department of Education to publish actual outcomes. Looking at other South Dakota psychology programs that did report data, there's considerable variation: Augustana graduates start near $39,000 while University of Sioux Falls graduates begin closer to $27,000. Northern State could fall anywhere in that range, though the statewide median suggests middle-of-the-pack performance is most likely.
For parents weighing this investment, the four-year earnings figure offers reassurance that psychology graduates who stick with related fields see meaningful growth. But given the uncertainty around actual outcomes at this specific campus, it's worth directly asking Northern State's career services office what their psychology graduates are doing—particularly whether those $50,000+ earners are working in psychology-adjacent roles or have pursued additional credentials to get there.
Where Northern State University Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Northern State University | — | $50,634 | — |
| 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 |
|---|---|---|---|---|---|
| $8,845 | $35,425* | $50,634 | $25,608* | — | |
| $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 Northern State University, approximately 12% 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.