CollegeCostWise

Bachelor's · Rapid City, South Dakota

Is Mining and Mineral Engineering at South Dakota School of Mines and Technology worth it?

Low confidence Low confidence: fewer than 40 graduates behind the earnings figures.

The verdict · all families, in-state, half paid with loans

Pays back fast: graduates typically recover the cost in about 2.4 years.

Earnings 1 year after graduating
$90,177
Treasury AY2020-21, AY2021-22 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars
Earnings 4 years after graduating
$95,494
Treasury AY2017-2018, AY2018-2019 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars
Typical federal debt at graduation
$26,000
NSLDS pooled AY2022-23, AY2023-24 cohort
Net cost to graduate, all families
$88k (likely $88k – $125k)
AcadYr 2024-25, reported in IPEDS DCY2025-26
Earnings bump, year 4
$57k a year vs high-school graduates aged 25–34 in SD
2023 ACS 5-year pooled, adjusted to 2024 dollars
Payback
2.4 years (likely 1.6–3.6)
Bump vs net cost plus loan interest
10-year net return
$281k (likely $75k – $526k)
Today's dollars
20-year net return
$885k (likely $495k – $1.38M)
Today's dollars
Odds of finishing (school-wide)
52%
Fall 2019 or AcadYr 2019-20 cohort (differs by institutional calendar), reported in IPEDS DCY2025-26

Change income, residency or loans Compare Mining and Mineral Engineering at other schools

🏗️ Getting ready in high school

Students heading toward engineering & architecture majors like this one often take these classes. Every school offers a different mix, so check with your counselor.

AP classes

  • AP Calculus AB or BC
  • AP Physics 1
  • AP Physics C: Mechanics
  • AP Chemistry

IB Higher Level

  • Mathematics: Analysis and Approaches HL
  • Physics HL

Build my roadmap 🗺️ Middle school to career, plus high schools near you that offer these classes.

Other majors at South Dakota School of Mines and Technology