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Black Hills State University

Spearfish, SD
publicWebsite
30
Value
Median Earnings (10yr)
$46,674
-13% vs average
Net Price / Year
$15,911
-22% vs average
Graduation Rate
40%
Payback Period
1.4 years
Median Debt
$26,000
Student Body
1,928

Black Hills State University — Earnings vs Cost (vs National Average)

Admission Rate
96%

Black Hills State University at a Glance

Black Hills State University (BHSU) is a public university in Spearfish, South Dakota, United States. Close to 4,000 students attend classes at its 123-acre (50 ha) campus in Spearfish, with a satellite campus in Rapid City which is shared with South Dakota State University, and through distance offerings. BHSU is governed by the South Dakota Board of Regents.

Founded

1883

143 years old

Students

3,346

3,198 undergrad · 148 grad

Identity

Motto: Where Anything is PossibleAthletics: Yellow JacketsMascot: Sting the Yellow JacketColors: Green and GoldAffiliation: Space-grantPresident: Steve Elliot
Sources:Wikipedia

Is Black Hills State University Worth It?

At a value score of 30/100, Black Hills State University is a below-average value relative to its cost. Graduates earn $46,674 — 13% below average — while paying $15,911/year. Consider alternatives with better earnings-to-cost ratios.

The investment pays for itself in just 1.4 years — among the fastest payback periods of any college we track.

A 40% graduation rate is a serious red flag — fewer than 4 in 10 students finish. Those who don't graduate may still carry student debt without the higher-earning credential to show for it.

With a 96% acceptance rate, admission is essentially open — the question isn't whether you'll get in, but whether the investment will pay off.

With median debt of $26,000 representing 56% of first-year earnings, loan repayment will be a significant burden for most graduates.

Bottom line: consider whether the specific program you're interested in at Black Hills State University has outcomes that justify the cost — the institution-wide numbers suggest caution.

How Black Hills State University compares to peer public colleges of similar tier nationally

Ranked #89 of 119 on value score. Peers are matched by size, median earnings, SAT, and admission rate — not just geography.

RankCollegeValueNet price / yrMedian earnings
#1Chipola College100$1,133$37,378
#2South Florida State College100$3,877$39,990
#3Indiana University-Kokomo100$3,968$49,917
#4Brazosport College100$4,732$45,910
#5Florida Gateway College97$5,364$37,894
#6West Virginia University at Parkersburg97$1,807$35,171
#89Black Hills State University30$15,911$46,674

Peer group: public colleges within ±60% of Black Hills State University's student body size and within a similar academic tier (SAT ±80, admit rate ±10pp, median earnings ±25%). 1 in SD.

Best Programs at Black Hills State University

The highest-earning program at Black Hills State University is Special Education and Teaching at $38,600/year (4 years after graduation). The lowest is Psychology, General at $25,500/year.

Your major matters more than the school name — a Special Education and Teaching graduate from Black Hills State University earns $38,600, while a Psychology, General graduate earns $25,500. Choose your program carefully — it's the single biggest lever you control.

Return on Investment

Estimated 4-Year Cost

$63,644

Based on $15,911/yr net price × 4 years

Earnings Premium

-13%

vs. national average of $53,787/yr

Payback Period

1.4 years

Time to recoup the total cost through higher earnings

10-Year Net Gain

$403,096

Median earnings over 10 years minus total cost of attendance

Programs & Earnings by Major

Graduate earnings data by field of study (4 years after graduation):

MajorEarnings (4yr)Earnings (1yr)Median Debt
Special Education and Teaching$38,600$38,600N/A
Teacher Education and Professional Development, Specific Levels and Methods$38,600$38,600$27,000
Teacher Education and Professional Development, Specific Subject Areas$37,700$37,700$27,000
Business Administration, Management and Operations$35,100$35,100$23,663
Community Organization and Advocacy$29,000$29,000$27,000
Health and Physical Education/Fitness$28,100$28,100$21,625
Psychology, General$25,500$25,500$27,000

Quick Facts

Institution Type
public
Location
Spearfish, SD
Student Body
1,928 students
Admission Rate
96%
Graduation Rate
40%
Net Price (Annual)
$15,911
Median Earnings (10yr)
$46,674
Median Student Debt
$26,000
Data from the U.S. Department of Education College Scorecard. Median earnings are measured 10 years after enrollment. Net price reflects average cost after grants and scholarships for students receiving federal financial aid. Value scores are calculated using our methodology.