RAPID CITY, S.D. (Aug. 1, 2013) - The South Dakota School of Mines & Technology ranks first among South Dakota colleges and universities in return on investment, with an ROI topping $1 million.
The new "Highest ROI Colleges in South Dakota" rankings for 2013 were released this week by AffordableCollegesOnline.org and include a list of the top eight public and private universities within the state.
The School of Mines ranked first with an ROI of $1.28 million, South Dakota State University second at $454,000 and the University of Sioux Falls third at $440,900.
Graduates from these universities enjoy the largest earnings gap between non-degree holders over 30 years and earn more on average than graduates from other South Dakota higher education institutions.
The average starting salary for 2011-2012 graduates was $62,696, with 98 percent landing jobs in the field for which they studied or going on to graduate school. The field with the highest average starting salary for Mines grads was geological engineering with $72,333, with the next highest at $70,087 for metallurgical engineering.
"These are important lists for prospective students to consider," says AC Online founder Dan Schuessler. "We've sifted through comprehensive data sources to find colleges and universities in South Dakota that offer a high quality education with consistent, long-term payoffs in the workplace."