Question 1

What is the starting salary for Actuarial Science graduates in Sioux Falls?

Accepted Answer

The estimated starting salary for Actuarial Science graduates in Sioux Falls, SD is $54,000 per year, adjusted for the local cost of living index of 108. The national average starting salary for this major is $50,000. Salaries in Sioux Falls are 8% higher than the national average due to cost of living differences.

Question 2

Is a Actuarial Science degree worth it in Sioux Falls?

Accepted Answer

A Actuarial Science degree in Sioux Falls has an estimated ROI payback period of 5.4 years, with a projected lifetime return of $1,046,988 after subtracting education costs. With 10 colleges in the area and average public tuition of $11,703/year, Sioux Falls offers affordable options for this degree. The local unemployment rate of 3.6% and the major's national unemployment rate of 1.8% should also factor into your decision.

Question 3

How much does it cost to study Actuarial Science in Sioux Falls?

Accepted Answer

The average annual public university tuition in Sioux Falls is $11,703, while private universities average $29,690/year. Including room and board ($10,050/year), total 4-year costs range from $87,012 at a public school to $158,960 at a private institution. Average financial aid per student in Sioux Falls is $7,473/year.

Question 4

What jobs can Actuarial Science graduates get in Sioux Falls?

Accepted Answer

Actuarial Science graduates in Sioux Falls can pursue careers as Actuary, Risk Analyst, Insurance Underwriter. Key skills valued by local employers include Probability, Risk Assessment, Financial Modeling, VBA/Excel. The Sioux Falls job market features Tech companies, Research labs, Government agencies among the top hiring sectors for this field. National top employers include Aon, Mercer, Milliman.

Question 5

How long to pay off student loans for Actuarial Science in Sioux Falls?

Accepted Answer

With a standard 10-year repayment plan at 6.5% interest, Actuarial Science graduates in Sioux Falls would pay $988/month on an estimated $87,012 in loans, with $31,548 in total interest. An aggressive 5-year plan would require $1,702/month but save $16,411 in interest. With a COL-adjusted starting salary of $54,000, monthly payments would represent 22% of gross monthly income.

Actuarial Science Degree in Sioux Falls, SD — Salary & ROI 2026

Actuarial Science in Sioux Falls, SD Overview

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Student Loan Payoff for Actuarial Science in Sioux Falls

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