College ROI

Smarter Choices, Brighter Futures
Back to Colleges

South Dakota School of Mines and Technology

Rapid City, SD 2,071 Undergrads 60.1% Grad Rate
Share
Total Cost
$26,296
Sticker Price
Avg Net Price
$20,827
After Aid
Median Earnings
$87,414
5yr Post-Grad

Vs. Peer Institutions

Net Price$20,827
Peer Midpoint: $19,969
Earnings (5yr Post-Grad)Completers only after graduation
$87,414
Peer Midpoint: $61,632
Earnings (10yr Post-Enroll)All enrolled after enrollment
$78,487
Peer Midpoint: $58,891
Graduation Rate60.1%
Peer Midpoint: 58.9%
Average starting age (2015-17)20.6
Socio-Economic Diversity
Pell Grant Recipients20.3%
Enrollment Status
Full-Time86.6%
Economic Outcomes
Earn More than HS87.2%

Admissions Profile

Acceptance
79.9%
SAT Avg
1,245
SAT Reading
25th: 56060075th: 660
SAT Math
25th: 58063075th: 680
ACT Composite
25th: 242675th: 30

ROI Sensitivity Analysis
Assuming 4 Years to Graduation

This analysis tests three cost scenarios (Scholarship, Average Net Price, Full Sticker Price) to show how college costs impact your long-term return compared to the average student and a high school graduate.

Lifetime Value Added (NPV)

Institution Lifetime NPV
Vs Median Peer
Vs HS Grad
Zero Cost (Scholarship)$0
+$738k
+$268k
+$251k
Median Cost$21k/yr
+$663k
+$193k
+$177k
Full Cost$26k/yr
+$643k
+$173k
+$157k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
27
∞
Median Cost$21k/yr
32
236%
Full Cost$26k/yr
34
166%
Analysis Assumptions:
  • Starting Salary: Estimated from the median earnings five years after graduating, with four years of 2% raises taken out.
  • Comparisons: "Vs Median Peer" compares to the median student nationwide in a similar level program. "Vs HS Grad" compares to a median high school graduate.
  • Break-Even: The age at which the college investment net income exceeds the median high school graduate's lifetime earnings.
  • NPV: Net Present Value of all future earnings minus costs and taxes, discounted at 7.8%.

Social Impact ROINew

Measures the societal return on a donor's investment. Calculated as the incremental pre-tax lifetime earnings vs. HS grad, divided by the tax-adjusted donation cost.

Donor Return404%

Gov. Pell Grant ROINew

Measures the government's return on Pell Grants via increased tax revenue. Calculated as the portion of incremental lifetime taxes (discounted at 5.4%) attributed to the Pell Grant investment.

Taxpayer Return63%

Program ROI Analysis

These figures are medians for past graduates who received federal aid. Your cost and pay will differ. Run your own numbers in the Guided ROI Interview →

Associate's Degrees

Median Debt
-
Earnings (4yr)
-
Natl Median: $44,125
Lifetime Value Added
N/A

Bachelor's Degrees

Applied Mathematics
BachCIP: 2703
Median Debt
-
Earnings (4yr)
-
Natl Median: $91,532
Lifetime Value Added
N/A
Biotechnology
BachCIP: 2612
Median Debt
-
Earnings (4yr)
-
Natl Median: $67,097
Lifetime Value Added
N/A
Median Debt
$22,021
Earnings (4yr)
$90,845
Natl Median: $98,158
Lifetime Value Added
+$216k
Chemistry
BachCIP: 4005
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,120
Lifetime Value Added
N/A
Civil Engineering
BachCIP: 1408
Median Debt
$25,500
Earnings (4yr)
$80,613
Natl Median: $86,517
Lifetime Value Added
+$138k
Median Debt
$25,593
Earnings (4yr)
$95,639
Natl Median: $92,374
Lifetime Value Added
+$252k
Median Debt
-
Earnings (4yr)
-
Natl Median: $109,015
Lifetime Value Added
N/A
Median Debt
$27,000
Earnings (4yr)
$94,201
Natl Median: $100,647
Lifetime Value Added
+$241k
Median Debt
-
Earnings (4yr)
$48,069
Natl Median: $60,190
Lifetime Value Added
-$122k
Median Debt
-
Earnings (4yr)
$75,779
Natl Median: $77,880
Lifetime Value Added
+$101k
Median Debt
$25,431
Earnings (4yr)
$92,815
Natl Median: $98,442
Lifetime Value Added
+$231k
Median Debt
$27,000
Earnings (4yr)
$85,350
Natl Median: $92,135
Lifetime Value Added
+$174k
Median Debt
$23,000
Earnings (4yr)
-
Natl Median: $92,722
Lifetime Value Added
N/A
Median Debt
$26,000
Earnings (4yr)
$88,904
Natl Median: $101,390
Lifetime Value Added
+$201k
Median Debt
-
Earnings (4yr)
-
Natl Median: $55,693
Lifetime Value Added
N/A
Physics
BachCIP: 4008
Median Debt
-
Earnings (4yr)
-
Natl Median: $76,786
Lifetime Value Added
N/A

Master's Degrees

Median Debt
-
Earnings (4yr)
-
Natl Median: $86,482
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $106,375
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $115,468
Lifetime Value Added
N/A
Civil Engineering
MastCIP: 1408
Median Debt
-
Earnings (4yr)
$83,155
Natl Median: $98,323
Lifetime Value Added
+$55k
Median Debt
-
Earnings (4yr)
-
Natl Median: $138,757
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $105,808
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $133,654
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$126,787
Natl Median: $125,651
Lifetime Value Added
+$436k
Median Debt
-
Earnings (4yr)
-
Natl Median: $120,215
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $79,463
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $94,646
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $112,282
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $115,974
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $113,005
Lifetime Value Added
N/A
Physics
MastCIP: 4008
Median Debt
-
Earnings (4yr)
-
Natl Median: $96,478
Lifetime Value Added
N/A

Doctoral Degrees

Median Debt
-
Earnings (4yr)
-
Natl Median: $102,099
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $131,848
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $141,187
Lifetime Value Added
N/A
Civil Engineering
DocCIP: 1408
Median Debt
-
Earnings (4yr)
-
Natl Median: $110,980
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $130,845
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $131,070
Lifetime Value Added
N/A
Physics
DocCIP: 4008
Median Debt
-
Earnings (4yr)
-
Natl Median: $130,153
Lifetime Value Added
N/A

Note: Lifetime Value Added is the Net Present Value (NPV) of estimated career earnings relative to a median high school graduate (for undergraduate programs) or a median bachelor's degree holder (for graduate programs), accounting for this institution's average cost and taxes. Computed over a career to retirement age.

For graduate programs (Master's, Doctoral, etc.), the calculation assumes a starting age of 22 (after undergraduate completion) and does not include the sunk costs of prior degrees. It represents the value added of the graduate decision moving forward. Note that the institution's average undergraduate net price is used as a proxy for annual cost, which may differ from actual graduate tuition. These Lifetime Value Added results for graduate degrees should not be compared with those for Undergraduate Certificates, Associates or Bachelors.

Completers Only: Federal median earnings data strictly reflects outcomes for students who successfully graduated. Students who do not complete their degree typically earn significantly less and face higher risks of debt default.