Median Earnings (1yr)
$72,785
49th percentile
Median Debt
$28,000
20% above national median

Analysis

South Dakota School of Mines delivers something increasingly rare: a chemical engineering degree with debt loads in the 5th percentile nationally. While the $72,785 starting salary sits right at the national median for the field, graduates leave with $28,000 in debt versus the typical $23,250—but that still translates to a healthy 0.38 debt-to-earnings ratio. You're looking at roughly five months of gross income to cover the entire debt load, which is exceptional by any standard.

The school's 85% admission rate and modest SAT scores might suggest a safety school, but the outcomes tell a different story. Chemical engineering graduates here earn essentially what their peers at more selective programs earn nationally, just without the premium price tag or admissions stress. This is South Dakota's only chemical engineering program, so the state comparison is limited, but that also means local employers know exactly where to recruit.

The practical math works strongly in favor of this program. A graduate earning $72,785 with $28,000 in debt faces roughly $300 monthly payments over ten years—easily manageable on an engineering salary. For families prioritizing financial security over prestige, this combination of median-tier earnings with bottom-tier debt creates a straightforward path to career launch without financial burden.

Where South Dakota School of Mines and Technology Stands

Earnings vs. debt across all chemical engineering bachelors's programs nationally

Earnings Distribution

How South Dakota School of Mines and Technology graduates compare to all programs nationally

Compare to Similar Programs Nationally

Chemical Engineering bachelors's programs at top institutions nationally

Scroll to see more →

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
South Dakota School of Mines and TechnologyRapid City$10,400$72,785$28,0000.38
Rice UniversityHouston$58,128$87,830$108,850$13,1780.15
The University of Texas at AustinAustin$11,678$87,365$95,916$19,8440.23
Lamar UniversityBeaumont$8,690$87,284$107,127$20,0190.23
University of FloridaGainesville$6,381$87,164$91,729$20,0500.23
Texas A&M University-College StationCollege Station$13,099$86,176$105,292$18,1350.21
National Median$72,974$23,2500.32

Career Paths

Occupations commonly associated with chemical engineering graduates

Architectural and Engineering Managers

Plan, direct, or coordinate activities in such fields as architecture and engineering or research and development in these fields.

$167,740/yrJobs growth:Bachelor's degree

Biofuels/Biodiesel Technology and Product Development Managers

Define, plan, or execute biofuels/biodiesel research programs that evaluate alternative feedstock and process technologies with near-term commercial potential.

$167,740/yrJobs growth:Bachelor's degree

Chemical Engineers

Design chemical plant equipment and devise processes for manufacturing chemicals and products, such as gasoline, synthetic rubber, plastics, detergents, cement, paper, and pulp, by applying principles and technology of chemistry, physics, and engineering.

$121,860/yrJobs growth:Bachelor's degree

Bioengineers and Biomedical Engineers

Apply knowledge of engineering, biology, chemistry, computer science, and biomechanical principles to the design, development, and evaluation of biological, agricultural, and health systems and products, such as artificial organs, prostheses, instrumentation, medical information systems, and health management and care delivery systems.

$106,950/yrJobs growth:Bachelor's degree

Engineering Teachers, Postsecondary

Teach courses pertaining to the application of physical laws and principles of engineering for the development of machines, materials, instruments, processes, and services. Includes teachers of subjects such as chemical, civil, electrical, industrial, mechanical, mineral, and petroleum engineering. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Engineers, All Other

All engineers not listed separately.

Energy Engineers, Except Wind and Solar

Design, develop, or evaluate energy-related projects or programs to reduce energy costs or improve energy efficiency during the designing, building, or remodeling stages of construction. May specialize in electrical systems; heating, ventilation, and air-conditioning (HVAC) systems; green buildings; lighting; air quality; or energy procurement.

Mechatronics Engineers

Research, design, develop, or test automation, intelligent systems, smart devices, or industrial systems control.

Microsystems Engineers

Research, design, develop, or test microelectromechanical systems (MEMS) devices.

Photonics Engineers

Design technologies specializing in light information or light energy, such as laser or fiber optics technology.

Robotics Engineers

Research, design, develop, or test robotic applications.

Nanosystems Engineers

Design, develop, or supervise the production of materials, devices, or systems of unique molecular or macromolecular composition, applying principles of nanoscale physics and electrical, chemical, or biological engineering.

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 South Dakota School of Mines and Technology, 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.

Sample Size: Based on 40 graduates with reported earnings and 43 graduates with debt data. Small samples may not be representative.