Analysis
South Dakota State's Business/Managerial Economics program graduates earn about $8,000 less than the national median for this major—landing in just the 25th percentile nationally. That's a meaningful gap, especially when you consider that stronger programs in this field typically see graduates earning $60,000 or more right out of school. The $23,573 in median debt is roughly average, but paired with below-average earnings, the debt burden takes longer to work off than it should.
Here's the complication: this is the only Business/Managerial Economics program in South Dakota, which makes the 60th percentile state ranking somewhat hollow. If your child is set on staying in-state and wants this specific major, it's the only option. However, the nearly universal admission rate suggests SDSU isn't particularly selective, and the program's national performance indicates it's not compensating with exceptional outcomes. Students interested in business economics might find better value at more competitive programs in neighboring states, or by considering SDSU's other business tracks that may offer stronger local employment pipelines.
The debt-to-earnings ratio of 0.52 is manageable—graduates should be able to handle their loans—but the opportunity cost is real. When a typical program graduate earns $53,000 and yours earns $45,000, that $8,000 annual difference compounds quickly over a career.
Where South Dakota State University Stands
Earnings vs. debt across all business/managerial economics bachelors's programs nationally
Earnings Distribution
How South Dakota State University graduates compare to all programs nationally
Compare to Similar Programs Nationally
Business/Managerial Economics bachelors's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $9,299 | $45,123 | — | $23,573 | 0.52 | |
| $62,982 | $106,701 | — | — | — | |
| $13,747 | $83,604 | $92,873 | $17,332 | 0.21 | |
| $64,701 | $82,212 | $122,309 | $27,000 | 0.33 | |
| $62,180 | $81,796 | $101,741 | $23,240 | 0.28 | |
| $6,496 | $75,227 | $97,349 | — | — | |
| National Median | — | $53,219 | — | $22,250 | 0.42 |
Career Paths
Occupations commonly associated with business/managerial economics graduates
Economists
Environmental Economists
Financial Risk Specialists
Management Analysts
Economics Teachers, Postsecondary
Survey Researchers
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 State University, 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 34 graduates with reported earnings and 34 graduates with debt data. Small samples may not be representative.