Analysis
University of South Dakota's psychology program starts graduates at just under $32,000—roughly on par with the national median—but then delivers something more interesting: a 48% earnings jump to $47,000 by year four. That growth trajectory outpaces what most psychology programs produce, though it's worth noting that within South Dakota itself, this program lands in the 40th percentile. Graduates from Augustana and Black Hills State start stronger out of the gate, potentially offering faster returns on investment for in-state students.
The debt picture is manageable at just under $25,000, creating a first-year ratio of 0.78 that's better than many liberal arts programs. However, that initial salary still means lean early years—the first job typically won't cover living expenses comfortably plus aggressive loan payments. The real payoff materializes in years three and four when earnings accelerate significantly. This pattern suggests graduates are either moving into specialized roles that value their psychology background or successfully pivoting to higher-paying adjacent fields.
For South Dakota families, this represents a serviceable option but not necessarily the best value in-state. If your child is committed to psychology and USD specifically, the debt load won't be crushing. But Augustana's higher starting salaries could justify its premium, while Black Hills State delivers similar four-year outcomes with a clearer early advantage.
Where University of South Dakota Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How University of South Dakota 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 |
|---|---|---|---|
| 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% |
| Black Hills State University | $35,996 | $31,808 | -12% |
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 |
|---|---|---|---|---|---|
| $9,432 | $31,696 | $47,040 | $24,593 | 0.78 | |
| $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 | |
| $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 University of South Dakota, 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 48 graduates with reported earnings and 80 graduates with debt data. Small samples may not be representative.