Median Earnings (1yr)
$69,667
43rd percentile
Median Debt
$27,000
9% above national median

Analysis

At $27,000 in debt against nearly $70,000 in starting salary, South Dakota School of Mines delivers one of the cleanest debt-to-earnings profiles in mechanical engineering nationwide. That 0.39 ratio lands in the 5th percentile nationally—meaning 95% of mechanical engineering programs leave students with heavier debt burdens relative to their earnings. For a school with an 85% admission rate, this is exceptional value that competes with far more selective institutions.

The earnings trajectory is solid: graduates move from $69,667 to $80,766 over four years, a 16% gain that keeps pace with the national pattern for this field. While these figures sit slightly below the national median, they're actually stronger than typical for South Dakota—ranking in the 60th percentile statewide and outpacing South Dakota State by nearly $2,000 at graduation. Regional cost of living makes these numbers stretch further than coastal equivalents.

For families concerned about engineering debt horror stories, this program offers reassurance. Your child graduates with manageable loans, immediately competitive earnings, and credentials from a respected technical school. The only real limitation is geography—Mines' strength lies in regional employers and industries, particularly mining and manufacturing. If your student wants to stay in the Mountain West or Midwest, this represents smart, affordable engineering training without the financial anxiety that plagues many STEM graduates.

Where South Dakota School of Mines and Technology Stands

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

Earnings Distribution

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

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
South Dakota School of Mines and Technology$69,667$80,766+16%
Duke University$89,938$101,532+13%
California State University Maritime Academy$92,315$101,325+10%
SUNY Maritime College$77,895$99,578+28%
South Dakota State University$67,791$77,562+14%

Compare to Similar Programs in South Dakota

Mechanical Engineering bachelors's programs at peer institutions in South Dakota (2 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
South Dakota School of Mines and TechnologyRapid City$10,400$69,667$80,766$27,0000.39
South Dakota State UniversityBrookings$9,299$67,791$77,562$27,0000.40
National Median—$70,744—$24,7550.35

Career Paths

Occupations commonly associated with mechanical 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

Aerospace Engineers

Perform engineering duties in designing, constructing, and testing aircraft, missiles, and spacecraft. May conduct basic and applied research to evaluate adaptability of materials and equipment to aircraft design and manufacture. May recommend improvements in testing equipment and techniques.

$134,830/yrJobs growth:Bachelor's degree

Mechanical Engineers

Perform engineering duties in planning and designing tools, engines, machines, and other mechanically functioning equipment. Oversee installation, operation, maintenance, and repair of equipment such as centralized heat, gas, water, and steam systems.

$102,320/yrJobs growth:Bachelor's degree

Fuel Cell Engineers

Design, evaluate, modify, or construct fuel cell components or systems for transportation, stationary, or portable applications.

$102,320/yrJobs growth:Bachelor's degree

Automotive Engineers

Develop new or improved designs for vehicle structural members, engines, transmissions, or other vehicle systems, using computer-assisted design technology. Direct building, modification, or testing of vehicle or components.

$102,320/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:

Cost Estimators

Prepare cost estimates for product manufacturing, construction projects, or services to aid management in bidding on or determining price of product or service. May specialize according to particular service performed or type of product manufactured.

$77,070/yrJobs growth:Bachelor's degree
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 108 graduates with reported earnings and 109 graduates with debt data. Small samples may not be representative.