Analysis
In South Dakota's limited engineering landscape, peer programs nationally suggest first-year earnings around $68,000 against estimated debt of $26,500—a manageable 0.39 ratio that's better than many technical fields. With only two schools offering engineering bachelor's degrees in the state, Augustana occupies a unique position, though the small graduate cohort means we're working with national benchmarks rather than this program's specific outcomes. The debt load aligns closely with the national median for engineering programs, while the estimated earnings match exactly what typical engineering graduates earn nationwide.
The practical question is whether a smaller program at a selective liberal arts college delivers the same career outcomes as larger state engineering schools. National data suggests engineering credentials generally translate into solid employment regardless of institution size, and the estimated debt-to-earnings picture here wouldn't require excessive sacrifice to manage. However, parents should recognize these figures represent what comparable programs produce, not verified outcomes from Augustana's own graduates.
The key consideration: Engineering is among the most reliably employable undergraduate majors, and if these estimates hold true for Augustana specifically, the financial picture looks reasonable. But given the data limitations, direct conversations with the department about placement rates, employer relationships in the region, and alumni outcomes become essential due diligence that numbers alone can't provide here.
Where Augustana University Stands
Earnings vs. debt across all engineering bachelors's programs nationally
Compare to Similar Programs Nationally
Engineering bachelors's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $39,190 | $67,911* | — | $26,459* | — | |
| $64,458 | $109,455* | $114,228 | $14,512* | 0.13 | |
| $66,255 | $92,491* | $103,969 | $22,240* | 0.24 | |
| $68,230 | $86,416* | $87,937 | $14,500* | 0.17 | |
| $15,247 | $82,956* | $104,701 | $15,000* | 0.18 | |
| $41,010 | $78,211* | — | $27,000* | 0.35 | |
| National Median | — | $67,911* | — | $26,056* | 0.38 |
Career Paths
Occupations commonly associated with engineering graduates
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Engineering Teachers, Postsecondary
Engineers, All Other
Energy Engineers, Except Wind and Solar
Mechatronics Engineers
Microsystems Engineers
Photonics Engineers
Robotics Engineers
Nanosystems Engineers
Wind Energy Engineers
Solar Energy Systems Engineers
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Augustana University, approximately 16% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the national median of 47 similar programs. Actual outcomes may vary.