EduGradify
Menu
Find a college

Cost & ROI · 2026

Is South Dakota School of Mines and Technology worth it?

Pay $20,183/yr after aid. Graduates earn a median of $72,257 ten years out — about 3.6× the annual cost. EduGradify value grade: B.

Net price $20,183 per year, after aid
Earnings 10y $72,257 median, post-enrollment
Median debt $27,000 ≈ $293/mo
B Top 36% Exceptional Investment

The ROI math, in 30 seconds

$20,183 × 4 years = $80,732 total cost
$72,257 / year earned 10 years after enrolling
=
8.95 ROI score Grade B · Top 36% value

Benchmarks

South Dakota School of Mines and Technology vs South Dakota avg vs national avg

How this school stacks up against the typical South Dakota college and the typical US college.

Metric South Dakota School of Mines and Technology South Dakota avg National avg
Avg net price $20,183 $17,117 $18,467
Median earnings 10y $72,257 $46,426 $50,834
Median debt $27,000 $21,822 $19,694
Graduation rate 53% 47.9% 49.9%
Acceptance rate 79.9% 82.1% 72.3%

Hidden cost

What you actually pay, by family income

Net price after grants and scholarships changes a lot depending on family income. Find your bracket.

$0 – $30k Low income
$15,348 per year
$30k – $48k Lower-middle
$17,909 per year
$48k – $75k Middle
$18,366 per year
$75k – $110k Upper-middle
$21,176 per year
$110k+ High income
$21,993 per year

Total cost

4-year cost projection

Estimated net price each year through graduation, assuming a typical 3% annual tuition increase.

Year 1 $20,183 2026–2027
Year 2 $20,788 2027–2028
Year 3 $21,412 2028–2029
Year 4 $22,055 2029–2030
4-year total $84,438 net of expected aid

Sticker price (without aid) would run roughly $101,540 over four years. Most students get $5,202/yr in grants and scholarships.

Debt math

Loan repayment scenarios

If you borrow the median $27,000 at a 6.5% federal rate, here's what each repayment plan looks like.

10-year standard plan $293/mo Total paid: $35,160
15-year extended $221/mo Total paid: $39,780
20-year extended $186/mo Total paid: $44,640

Debt-to-earnings: 37% of one year's median pay. Financial advisors recommend keeping student debt under 100% of expected first-year salary. You're well below that threshold.

Lifetime impact

Lifetime earnings boost vs no degree

Over a typical 40-year career, the median South Dakota School of Mines and Technology grad earns about $1,090,280 more than a high school graduate (assuming HS median ≈ $45k/yr, BLS).

Annual earnings advantage +$27,257 vs HS-only median
Career-long boost $1,090,280 40-year horizon, today's dollars
Net of 4-year cost $1,009,548 after paying $80,732 for the degree

Caveat: this is a population median, not a guarantee. Actual outcomes vary widely by major, career path, and individual choices. We're showing the median to set realistic expectations.

The verdict

What the numbers say about South Dakota School of Mines and Technology

The average student at South Dakota School of Mines and Technology pays $20,183 a year after grants and scholarships, against a $25,385 published sticker price. That is above the SD average net price of $17,117.

Ten years after entry, graduates earn a median of $72,257 — above the SD median of $46,426. Weighed against what students actually pay, EduGradify models this as an exceptional investment.

Typical graduates borrow about $27,000, roughly $293 a month on a standard ten-year plan — a manageable load at about 37% of one year's median earnings.

Frequently asked

Cost & ROI questions

What is the net price at South Dakota School of Mines and Technology?

The average net price — what students actually pay after grants and scholarships — is $20,183 per year. That's $5,202/yr in financial aid against the $25,385 sticker price. Over four years, that adds up to roughly $80,732.

How much do South Dakota School of Mines and Technology graduates earn?

Ten years after enrolling, South Dakota School of Mines and Technology graduates earn a median of $72,257 per year — above the national average of $50,834. That's about 3.6× the annual net cost.

How much debt do South Dakota School of Mines and Technology graduates take on?

Median federal loan debt at graduation is $27,000 — about $293/month on a standard 10-year repayment plan (assuming a 6.5% federal rate). 40.4% of students take federal loans.

Is South Dakota School of Mines and Technology worth the cost?

EduGradify assigns South Dakota School of Mines and Technology a value grade of B — top 36% on real ROI nationally. The math: pay $20,183/yr, earn $72,257/yr ten years out, ROI score of 8.95. Exceptional Investment.

What financial aid is available at South Dakota School of Mines and Technology?

16.9% of students receive federal Pell Grants (need-based federal aid). 40.4% take federal student loans. On average, students get $5,202 per year in grants and scholarships off the sticker price.

What's the difference between in-state and out-of-state tuition at South Dakota School of Mines and Technology?

In-state tuition is $10,500 per year. Out-of-state tuition is $14,900 per year — a difference of $4,400/yr or $17,600 over four years.

How does net price change with family income at South Dakota School of Mines and Technology?

Net price is income-adjusted — lower-income families typically pay much less. Students from families earning under $30k pay about $15,348. Students from families earning over $110k pay about $21,993. See the chart below for all five income bands.

How we calculate ROI

Every number on this page comes from the U.S. Department of Education College Scorecard. ROI score = (median earnings 10 years out × 10) / (avg net price × 4). The higher the ratio, the more graduates earn per dollar invested. We then percentile-rank every US college on that score to assign letter grades A+ through D. Read the full methodology →