South Dakota School of Mines and Technology ROI Analysis
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
above high school diploma avg
Break-Even Point
1.5 years
After graduation
20-Year ROI
1240%
Return on investment
ROI Analysis
One year after graduation, the median salary for South Dakota School of Mines and Technology graduates is $71,587. The median debt for graduates is $27,000. The average in-state tuition is $10,400. 43.3% of students receive financial aid.
Five years after graduation, the median salary is $62,863. Ten years after graduation, the median salary is $72,257. The school's graduation rate is 57%, and the retention rate is 84.1%.
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
N/A
Program-Level ROI
| Program | Median Earnings (5yr) | Est. 20yr ROI |
|---|---|---|
| Mechanical Engineering | $80,766 | 2100% |
| Civil Engineering | $70,318 | 1598% |
| Chemical Engineering | $0 | N/A |
| Industrial Engineering | $0 | N/A |
| Computer and Information Sciences, General | $96,987 | 2880% |
| Electrical, Electronics and Communications Engineering | $0 | N/A |
| Mining and Mineral Engineering | $0 | N/A |
| Geological/Geophysical Engineering | $0 | N/A |
| Metallurgical Engineering | $0 | N/A |
| Biotechnology | $0 | N/A |
| Engineering-Related Fields | $0 | N/A |
| Computer Engineering | $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)
Frequently Asked Questions
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.