Analysis
South Dakota's business programs cluster tightly together in the mid-$40,000s, and this program appears to track right at that median. Based on comparable programs across the state, graduates typically start around $45,200βwithin striking distance of the national median and essentially matching what business majors earn at Black Hills State and Dakota State. The estimated $27,000 debt load, derived from similar programs at Oglala Lakota College, produces a manageable 0.6 debt-to-earnings ratio that sits comfortably below the concerning 1.0 threshold.
What matters here is the context. Nearly half of students at this institution receive Pell grants, suggesting the college serves a population where any four-year degree represents significant upward mobility. While peer programs in [state] suggest earnings that won't match what Augustana delivers ($50,500), they're firmly in the mainstream for South Dakota business graduates. The debt estimate aligns almost perfectly with the national median for business programs, making this a relatively standard investment profile.
For families weighing this option, the question isn't whether the numbers are exceptionalβthey're not. It's whether a business degree at roughly state-median outcomes justifies $27,000 in debt for a student who might otherwise not pursue higher education at all. For first-generation college students or those with limited alternatives, that math often works. For families with access to stronger programs in Sioux Falls or Vermillion, the tradeoff becomes less clear.
Where Oglala Lakota College Stands
Earnings vs. debt across all business administration, management and operations bachelors's programs nationally
Compare to Similar Programs in South Dakota
Business Administration, Management and Operations bachelors's programs at peer institutions in South Dakota (13 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $2,684 | $45,215* | β | $27,000* | β | |
| $39,190 | $50,516* | $59,045 | $25,112* | 0.50 | |
| $16,065 | $48,827* | $53,392 | $46,575* | 0.95 | |
| $9,432 | $47,107* | $53,798 | $22,950* | 0.49 | |
| $9,000 | $45,682* | $44,794 | $27,000* | 0.59 | |
| $9,633 | $44,748* | $46,570 | $30,625* | 0.68 | |
| National Median | β | $45,703* | β | $26,000* | 0.57 |
Career Paths
Occupations commonly associated with business administration, management and operations graduates
Computer and Information Systems Managers
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Compensation and Benefits Managers
Human Resources Managers
Sales Managers
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 Oglala Lakota College, approximately 47% 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 8 similar programs in SD. Actual outcomes may vary.