ROI Major

Mining and Mineral Engineering at South Dakota School of Mines and Technology

SD · Bachelor's Degree · CIP 14.21

Apply Now Data: 2026 release

Executive Summary

Graduates with a Mining and Mineral Engineering degree from South Dakota School of Mines and Technology earn a median salary of $108,803 within five years of graduation. Adjusted for the cost of living in SD, this represents a national purchasing power equivalent of $115,995. The degree typically pays for itself in 2.9 years.

Quick Insights

Financial Home Run

How this degree looks at a glance

A fast read on salary range, break-even speed, living-cost impact, and where graduates from this school usually land.

Salary Ranges

Starting Range

$91,663

Typical Career

$108,803

Top Performers

$129,021

Estimated to break even in under 3 years.

Debt-to-Income Check

$725

Estimated comfortable monthly loan payment

Typical monthly pay is approximately $9,067. Most students can comfortably afford about a $725 monthly loan payment with this degree.

Comparison Bench

This degree earns 2.8x more than the average US high school graduate and 1.4x more than the average college graduate.

Purchasing Power Context

A dollar in South Dakota buys what costs $0.94 nationally.

Industry Breadcrumbs

Top industries for bachelor's graduates from this school: Manufacturing, Professional, Scientific & Technical Services, Construction.

Where Bachelor's Graduates from This School Work

Manufacturing 30.1%
Professional, Scientific & Technical Services 23.1%
Construction 6.4%

Institution-wide industry mix for graduates, 5 years after graduation. This is not major-specific. Source: Census PSEO Flows.

5-Year Median Salary — National Purchasing Power Equivalent

$115,995

Nominal: $108,803 in South Dakota (COL 93.8% of national avg) · 6.6% higher purchasing power

10-Year Earnings Curve

Break-Even Timeline

How long until cumulative earnings advantage exceeds total college investment (tuition + opportunity cost vs. entering workforce directly after high school).

2.9 years to break even
Graduation 15 years

Total Investment

$155,168

4yr tuition + 4yr opportunity cost

HS Graduate Baseline

$38,792/yr

BLS 2023 median, HS diploma

View Raw Data: Median Earnings by Year
Timeframe 25th Pct. Median (50th) 75th Pct.
1 Year After Graduation $67,426 $86,179 $98,243
5 Years After Graduation $91,663 $108,803 $129,021
10 Years After Graduation $89,177 $121,110 $140,627

Source: US Census Bureau Post-Secondary Employment Outcomes (PSEO), 2025 release. Earnings shown for Bachelor's degree graduates (all cohorts combined).

How We Calculate Purchasing Power

The median salary of $108,803 is reported by the US Census Bureau's Post-Secondary Employment Outcomes (PSEO) dataset for graduates working in SD, which has a cost-of-living index of 93.8% of the national average.

Formula: Adjusted Salary = Nominal × (1.0 ÷ COL Index)
= $108,803 × (1.0 ÷ 0.9380) = $115,995 National Average equivalent.

COL index source: BLS Regional Consumer Price Index & MIT Living Wage Project, 2023. Full methodology →

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Data sources: US Census Bureau Post-Secondary Employment Outcomes (PSEO). Cost-of-living index: BLS Regional CPI & MIT Living Wage Project. Cost of attendance: IPEDS. For informational use only; data may be suppressed for small cohort sizes.