South Dakota School of Mines and Technology
Comprehensive ROI analysis based on tuition costs, graduate earnings, financial aid, and long-term earning potential.
ROI Summary
Total 4-Year Cost
$41,600
In-state tuition x 4
Earnings Premium
$27,863/yr
vs high school diploma avg
Break-Even Point
1.5 years
After graduation
20-Year ROI
1240%
Return on investment
ROI Analysis
South Dakota School of Mines and Technology has a high return on investment. One year after graduation, students earn a median of $71,587. Five years after graduation, earnings are $62,863, and ten years after, earnings are $72,257. The median debt for graduates is $27,000.
The school's tuition is $10,400 per year for in-state students. 43.3% of students receive financial aid. The school has an 85.3% acceptance rate, a 57% graduation rate, and an 84.1% retention rate.
Generated from College Scorecard & IPEDS data
The Numbers
Annual Tuition (In-State)
$10,400
Median Debt at Graduation
$27,000
Median Earnings (5yr)
$62,863
Graduation Rate
57%
Receive Financial Aid
43%
Avg Aid Amount
$0
Program-Level ROI
| Program | 4yr Cost | Median Earnings (5yr) | Est. 20yr ROI |
|---|---|---|---|
| Mechanical Engineering. | $41,600 | $80,766 | 2100% |
| Civil Engineering. | $41,600 | $70,318 | 1598% |
| Chemical Engineering. | $41,600 | $0 | N/A |
| Computer and Information Sciences, General. | $41,600 | $96,987 | 2880% |
| Industrial Engineering. | $41,600 | $0 | N/A |
| Electrical, Electronics and Communications Engineering. | $41,600 | $0 | N/A |
| Metallurgical Engineering. | $41,600 | $0 | N/A |
| Mining and Mineral Engineering. | $41,600 | $0 | N/A |
| Biotechnology. | $41,600 | $0 | N/A |
| Civil Engineering. | $41,600 | $0 | N/A |
| Computer Engineering. | $41,600 | $0 | N/A |
| Engineering-Related Fields. | $41,600 | $0 | N/A |
Peer Comparison
1240%
20yr ROI
458%
20yr ROI
1007%
20yr ROI
1014%
20yr ROI
991%
20yr ROI
Financial Aid Impact
Before Aid
After Aid (Estimated)
Methodology
ROI calculations are based on data from the U.S. Department of Education College Scorecard. The earnings premium is calculated as the difference between median graduate earnings and the national average earnings for high school diploma holders ($35,000).
The 20-year ROI formula: ((Earnings Premium x 20) - Total Cost) / Total Cost x 100. Break-even point: Total Cost / Annual Earnings Premium. All figures use in-state tuition and do not account for inflation, opportunity cost, or financial aid variations.