Analysis
South Dakota accounting programs typically produce first-year earnings around $50,000, and Black Hills State appears positioned squarely in this range based on peer program data. Four comparable South Dakota schools report a median of $50,282, while the national benchmark sits slightly higher at $53,694. The estimated debt of $23,054—derived from similar-sized institutions nationally—would create a debt-to-earnings ratio of 0.46, which is manageable for an accounting degree.
The real question is whether Black Hills State can deliver outcomes closer to University of South Dakota's $57,234 or risks falling toward the lower end like National American University-Rapid City's $35,820. With a 94% admission rate and average SAT of 1050, the school serves a broad student population, which often correlates with wider variation in graduate outcomes. Accounting credentials generally provide reliable career paths with clear professional pathways, but location matters—South Dakota's smaller accounting market means fewer Big Four opportunities and potentially slower salary progression compared to metro markets.
Without actual data for Black Hills State graduates specifically, you're betting that their program performs at the state median rather than below it. Given the modest estimated debt load, the downside risk is limited if your child is committed to accounting. The credential should support itself financially even in a worst-case scenario, but don't expect the premium outcomes that larger programs in competitive markets might deliver.
Where Black Hills State University Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Compare to Similar Programs in South Dakota
Accounting bachelors's programs at peer institutions in South Dakota (10 total in state)
Scroll to see more →
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $9,000 | $50,282* | — | $23,054* | — | |
| $9,432 | $57,234* | $49,319 | $25,793* | 0.45 | |
| $8,845 | $51,239* | $49,063 | $29,816* | 0.58 | |
| $20,740 | $49,325* | — | $26,000* | 0.53 | |
| $16,065 | $35,820* | $49,942 | $41,344* | 1.15 | |
| National Median | — | $53,694* | — | $25,000* | 0.47 |
Career Paths
Occupations commonly associated with accounting graduates
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Financial and Investment Analysts
Financial Risk Specialists
Financial Examiners
Budget Analysts
Business Teachers, Postsecondary
Accountants and Auditors
Tax Examiners and Collectors, and Revenue Agents
Bookkeeping, Accounting, and Auditing Clerks
Payroll and Timekeeping Clerks
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 Black Hills State University, approximately 18% 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 median of 4 similar programs in SD. Actual outcomes may vary.