DSU ranks in top 3 SD universities in ROI report
Dakota State University ranks third in South Dakota on PayScale’s annual College ROI Report released last week. DSU is third for both public out-of-state and public in-state student categories with a 20 year net ROI of $208,000 for out-of-state students and $216,000 for in-state students.
The ROI or return on investment takes into account the total income a graduate will earn after graduation in 20 years of working, minus both what they would have earned as a high school grad and the cost of college (tuition, room and board, books and supplies), minus the average financial aid amount awarded to students.
Dakota State ties for second in annual ROI with South Dakota State University with 8.4%, which shows the return over 20 years when investing your money in a degree as opposed to investing your money in the stock market or bonds.
“We are excited that our graduates earn a return on their college investment that exceeds that of students from other quality universities,” said Dr. David Borofsky, DSU’s President.
“This great news is indicative of our fine faculty and curricula both of which lead to graduates with the skills that employers need and hire. Congratulations to all DSU alumni for the quality work they do!”
Payscale ranked all 6 public universities and 2 private universities in South Dakota.