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Dakota State University — ROI, Cost & Payback

Public · Madison, SD · 2,071 students

The verdict

Dakota State University charges a net price of $21,057/yr after aid — a 4-year total of $84,228. Graduates earn a median $50,970 ten years after entry, $2,610/yr above the $48,360 high-school baseline, clearing the total in 32.3 years — a 20-year net return of $-32,028, a weak return — the cost is hard to justify on earnings alone. (Scorecard, 2026 · our math.)

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Dakota State University's 32.3-year payback ranks #1,140 of 1,280 US colleges we track — better ROI than 11% of them, and #8 of 17 in South Dakota.

Better ROI than 11% of US colleges#1,140 of 1,280
Weakest ROIStrongest ROI
$21,057
Net price / yr
Scorecard, 2026
$50,970
Median earnings, 10 yrs
Scorecard, 2026
32.3 yrs
Payback
Our math, 2026
88%
Admission rate
Scorecard, 2026
Dakota State University: cost, earnings and payback
MeasureValueSource
Net price (after aid)$21,057/yrScorecard, 2026
Total net cost (4 yrs)$84,228our math
Median earnings, 10 yrs after entry$50,970Scorecard, 2026
Earnings premium over HS baseline$2,610/yrour math
Median debt (completers)$23,500Scorecard, 2026
Payback32.3 yrsour math
20-year net return$-32,028our 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.

Dakota State University: frequently asked questions

Is Dakota State University worth the cost?
On the numbers, yes. Dakota State University charges $21,057/yr after aid ($84,228 over 4 years), and graduates earn a median $50,970 ten years out — $2,610/yr above the $48,360 high-school baseline. That clears the cost in 32.3 years and returns $-32,028 net over 20 years, a weak return — the cost is hard to justify on earnings alone.
How long does a Dakota State University degree take to pay off?
About 32.3 years. We divide the $84,228 four-year net cost by the $2,610/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 Dakota State University cost after financial aid?
The median net price is $21,057/yr — about $84,228 over 4 years. That is what the typical aided student actually pays after grants and scholarships, not the published sticker price.
How does Dakota State University compare to other South Dakota colleges?
It ranks #8 of 17 South Dakota colleges we track by payback. Its $50,970 median earnings beat the national median of $43,552, and its $21,057 net price is above the national median of $16,906.