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Return on Investment Analysis

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 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
Industrial Engineering $41,600 $0 N/A
Computer and Information Sciences, General $41,600 $96,987 2880%
Electrical, Electronics and Communications Engineering $41,600 $0 N/A
Mining and Mineral Engineering $41,600 $0 N/A
Geological/Geophysical Engineering $41,600 $0 N/A
Metallurgical Engineering $41,600 $0 N/A
Biotechnology $41,600 $0 N/A
Engineering-Related Fields $41,600 $0 N/A
Computer Engineering $41,600 $0 N/A

Peer Comparison

Financial Aid Impact

Before Aid

4-Year Tuition$41,600
Median Debt$27,000

After Aid (Estimated)

Estimated Total Aid$0
Net 4-Year Cost$41,600

Frequently Asked Questions

Based on government data, South Dakota School of Mines and Technology has an estimated 20-year ROI of 1240%. The total 4-year cost is $41,600 and graduates earn a median of $62,863 within 5 years.

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.

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