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Augustana University — ROI, Cost & Payback

Private nonprofit · Sioux Falls, SD · 1,965 students

The verdict

Augustana University charges a net price of $23,894/yr after aid — a 4-year total of $95,576. Graduates earn a median $59,217 ten years after entry, $10,857/yr above the $48,360 high-school baseline, clearing the total in 8.8 years — a 20-year net return of $121,564, a solid payback. (Scorecard, 2026 · our math.)

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Augustana University's 8.8-year payback ranks #731 of 1,280 US colleges we track — better ROI than 43% of them, and #2 of 17 in South Dakota.

Better ROI than 43% of US colleges#731 of 1,280
Weakest ROIStrongest ROI
$23,894
Net price / yr
Scorecard, 2026
$59,217
Median earnings, 10 yrs
Scorecard, 2026
8.8 yrs
Payback
Our math, 2026
68%
Admission rate
Scorecard, 2026
Augustana University: cost, earnings and payback
MeasureValueSource
Net price (after aid)$23,894/yrScorecard, 2026
Total net cost (4 yrs)$95,576our math
Median earnings, 10 yrs after entry$59,217Scorecard, 2026
Earnings premium over HS baseline$10,857/yrour math
Median debt (completers)$25,000Scorecard, 2026
Payback8.8 yrsour math
20-year net return$121,564our math

College Scorecard (2026 release), institution-level · payback and returns are our math.

How we compute this. Payback = total net cost ÷ annual earnings premium, where the premium is median earnings 10 years after entry minus the $48,360 baseline (BLS 2024 median for a high-school-diploma worker 25+). Total net cost = net price × 4 years. We do not discount future dollars. The institution-wide earnings figure blends every major — a specific program's payback can be far better or worse. Full method on the methodology page.

Augustana University: frequently asked questions

Is Augustana University worth the cost?
On the numbers, yes. Augustana University charges $23,894/yr after aid ($95,576 over 4 years), and graduates earn a median $59,217 ten years out — $10,857/yr above the $48,360 high-school baseline. That clears the cost in 8.8 years and returns $121,564 net over 20 years, a solid payback.
How long does a Augustana University degree take to pay off?
About 8.8 years. We divide the $95,576 four-year net cost by the $10,857/yr earnings premium over the high-school baseline. It is a floor, not a ceiling — mid-career raises pay it back faster.
How much does Augustana University cost after financial aid?
The median net price is $23,894/yr — about $95,576 over 4 years. That is what the typical aided student actually pays after grants and scholarships, not the published sticker price.
How does Augustana University compare to other South Dakota colleges?
It ranks #2 of 17 South Dakota colleges we track by payback. Its $59,217 median earnings beat the national median of $43,552, and its $23,894 net price is above the national median of $16,906.