Median Earnings (1yr)
$44,663
23rd percentile
Median Debt
$26,062
14% above national median
Debt-to-Earnings
0.58
Manageable
Sample Size
48
Adequate data

Analysis

South Dakota State's economics program manages debt well but lags in earnings outcomes. Starting graduates at $44,663 puts them roughly $7,000 below the national median and nearly $5,000 below what other South Dakota economics programs typically deliver. Even ranking at the 40th percentile among the state's five economics programs—essentially middle of the pack—the University of South Dakota graduates start nearly $8,000 higher.

The debt picture offers some relief: at $26,062, it's below both state and national averages, and the 0.58 debt-to-earnings ratio means graduates owe just over half their first-year salary. The 28% earnings growth to $57,087 by year four shows solid career progression, though even at that point graduates remain below where many peers start. For context, this is an open-admission institution where 99% of applicants are accepted, which may partially explain the earnings gap.

For families prioritizing affordability over maximum earning potential, this program delivers manageable debt without standout returns. But if your child is competitive enough to gain admission elsewhere—particularly at USD—the earnings premium could justify exploring other options, even if it means slightly higher initial debt loads.

Where South Dakota State University Stands

Earnings vs. debt across all economics bachelors's programs nationally

South Dakota State UniversityOther economics 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 State University graduates compare to all programs nationally

South Dakota State University graduates earn $45k, placing them in the 23th percentile of all economics bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in South Dakota

Economics bachelors's programs at peer institutions in South Dakota (5 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
South Dakota State University$44,663$57,087$26,0620.58
University of South Dakota$52,857$62,502$20,8190.39
National Median$51,722—$22,8160.44

Other Economics Programs in South Dakota

Compare tuition, earnings, and debt across South Dakota schools

SchoolIn-State TuitionEarnings (1yr)Debt
University of South Dakota
Vermillion
$9,432$52,857$20,819

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 48 graduates with reported earnings and 61 graduates with debt data. Small samples may not be representative.