Analysis
University of South Dakota's economics program produces graduates earning above both the national median ($52,857 vs. $51,722) and substantially more than the typical South Dakota economics graduate ($48,760). Among the five schools offering economics in South Dakota, this program ranks in the 60th percentile—notably outperforming even South Dakota State's larger program. The modest debt load of $20,819 is actually below both national and state medians, creating a debt-to-earnings ratio of just 0.39 that should ease repayment concerns.
The earnings trajectory looks solid, with graduates seeing an 18% increase to $62,502 by year four. Combined with below-average debt, this creates a financial profile that compares favorably to peer programs. The 99% admission rate means accessibility isn't a barrier for qualified students interested in economics.
The main caveat here is sample size—fewer than 30 graduates in this cohort means individual outcomes can significantly skew the numbers. That said, the consistency of beating both benchmarks while carrying less debt suggests genuine value. For South Dakota families looking at in-state economics programs, USD appears to offer the strongest combination of earnings potential and manageable debt, though the small program size means you're betting on individual fit and initiative mattering more than at a larger program.
Where University of South Dakota Stands
Earnings vs. debt across all economics bachelors's programs nationally
Earnings Distribution
How University of South Dakota graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| University of South Dakota | $52,857 | $62,502 | +18% |
| Duke University | $98,649 | $153,139 | +55% |
| University of Chicago | $92,075 | $127,832 | +39% |
| Amherst College | $90,568 | $127,636 | +41% |
| South Dakota State University | $44,663 | $57,087 | +28% |
Compare to Similar Programs in South Dakota
Economics bachelors's programs at peer institutions in South Dakota (5 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $9,432 | $52,857 | $62,502 | $20,819 | 0.39 | |
| $9,299 | $44,663 | $57,087 | $26,062 | 0.58 | |
| National Median | — | $51,722 | — | $22,816 | 0.44 |
Career Paths
Occupations commonly associated with economics graduates
Economists
Environmental Economists
Data Scientists
Business Intelligence Analysts
Clinical Data Managers
Statisticians
Biostatisticians
Economics Teachers, Postsecondary
Market Research Analysts and Marketing Specialists
Search Marketing Strategists
Secondary School Teachers, Except Special and Career/Technical Education
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 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 18 graduates with reported earnings and 20 graduates with debt data. Small samples may not be representative.