Accounting at University of South Dakota
Bachelor's Degree
Analysis
University of South Dakota accounting graduates start strong with first-year earnings of $57,234—outpacing both the state median ($50,282) and national average ($53,694)—but face an unexpected earnings decline to $49,319 by year four. This backward trajectory is unusual for accounting, a field where professionals typically build toward CPA certification and higher-value client work over time. The pattern suggests graduates may be accepting entry-level positions that offer quick paychecks but limited advancement potential, or that many leave traditional accounting roles altogether.
The financial fundamentals look solid on paper. At $25,793, debt sits below both state and national averages, creating a manageable 0.45 debt-to-earnings ratio in that first year. Among South Dakota's accounting programs, USD ranks in the 60th percentile for earnings—middle of the pack but ahead of competitors like University of Sioux Falls. The 99% admission rate means access is essentially open to any serious applicant.
For parents, the question becomes whether that strong starting salary justifies a program where earnings appear to stall or reverse. If your child plans to stay in South Dakota and values immediate income over long-term growth, USD delivers a respectable launch. But if career progression matters—climbing to senior accountant, controller, or partner roles—dig deeper into why earnings decline and whether graduates are staying in accounting at all.
Where University of South Dakota Stands
Earnings vs. debt across all accounting bachelors's programs nationally
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 University of South Dakota graduates compare to all programs nationally
University of South Dakota graduates earn $57k, placing them in the 63th percentile of all accounting 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
Accounting bachelors's programs at peer institutions in South Dakota (10 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| University of South Dakota | $57,234 | $49,319 | $25,793 | 0.45 |
| Northern State University | $51,239 | $49,063 | $29,816 | 0.58 |
| University of Sioux Falls | $49,325 | — | $26,000 | 0.53 |
| National American University-Rapid City | $35,820 | $49,942 | $41,344 | 1.15 |
| National Median | $53,694 | — | $25,000 | 0.47 |
Other Accounting Programs in South Dakota
Compare tuition, earnings, and debt across South Dakota schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Northern State University Aberdeen | $8,845 | $51,239 | $29,816 |
| University of Sioux Falls Sioux Falls | $20,740 | $49,325 | $26,000 |
| National American University-Rapid City Rapid City | $16,065 | $35,820 | $41,344 |
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 University of South Dakota, approximately 18% 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 32 graduates with reported earnings and 46 graduates with debt data. Small samples may not be representative.