Median Earnings (1yr)
$70,216
25th percentile
Median Debt
$26,000
4% above national median
Debt-to-Earnings
0.37
Manageable
Sample Size
33
Adequate data

Analysis

South Dakota School of Mines produces industrial engineers who earn $70,216 their first year out—a respectable salary, but one that trails the national median for this major by about $4,500. With $26,000 in typical debt, graduates face a debt-to-earnings ratio of 0.37, meaning they'd owe roughly five months of their first-year salary. That's manageable territory that should allow for steady loan repayment without financial strain.

The context matters here: SD Mines is the only school in South Dakota offering an industrial engineering degree, so the state comparison is moot. What's more telling is that despite an 85% admission rate and relatively accessible entry requirements, the program places graduates in the bottom quarter nationally for earnings in this field. Industrial engineering typically commands strong starting salaries, so landing below the national norm suggests either regional market limitations in South Dakota or curriculum that doesn't fully compete with programs at more selective institutions.

For South Dakota families seeking an in-state industrial engineering option, this is the only game in town, and it delivers a decent outcome—just not an exceptional one. The moderate debt combined with solid (if unspectacular) earnings means graduates should find themselves financially stable. But families with the means to consider out-of-state options might find better value among the roughly 136 other programs nationwide, many of which consistently produce higher earners for similar debt loads.

Where South Dakota School of Mines and Technology Stands

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

South Dakota School of Mines and TechnologyOther industrial engineering programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

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

South Dakota School of Mines and Technology graduates earn $70k, placing them in the 25th percentile of all industrial engineering bachelors programs nationally.

Compare to Similar Programs in South Dakota

Industrial Engineering bachelors's programs at peer institutions in South Dakota

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
South Dakota School of Mines and Technology$70,216$26,0000.37
National Median$74,709$24,8890.33

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 33 graduates with reported earnings and 37 graduates with debt data. Small samples may not be representative.