Is South Dakota School of Mines and Technology worth it?
Rapid City, SD · public
Verdict
Typical students pay $20,183 a year after aid, graduate with $27,000 in federal debt, and earn $62,863 six years after enrolling — an estimated monthly loan payment of $289, with a debt break-even of about 4.3 years.
Net price / year
$20,183
Admission rate
80%
Graduation rate
—
Median debt
$27,000
Earnings (6 yr)
$62,863
Earnings (10 yr)
$72,257
Est. monthly loan payment
$289
Loan-to-income ratio
43%
Debt break-even
4.3 years
How South Dakota School of Mines and Technology compares
FAQ
How much does it cost to attend South Dakota School of Mines and Technology?
The federal average net price after grants and scholarships is $20,183 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.
How much debt do South Dakota School of Mines and Technology graduates typically carry?
Students who complete a program at South Dakota School of Mines and Technology leave with a median federal debt of $27,000, based on the U.S. Department of Education's College Scorecard.
What do South Dakota School of Mines and Technology graduates earn?
Six years after enrolling, former students report median earnings of $62,863, drawn from federal tax records aggregated by the College Scorecard.
What is the graduation rate at South Dakota School of Mines and Technology?
Graduation rate data is not currently published for this school.
Is South Dakota School of Mines and Technology worth the debt?
Based on median debt and 6-year earnings, it would take roughly 4.3 years of 10% income allocation to pay off the typical debt load — compare that against your own expected major and career path before deciding.
Source: U.S. Department of Education College Scorecard.