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Lake Area Technical College vs National American University-Rapid City: which has better ROI?

Public, Watertown SD · vs · Private for-profit, Rapid City SD

The verdict

Neither clears its cost on institution-wide earnings, but Lake Area Technical College comes closer — median earnings $45,473 against a $31,958 total, vs $37,325 at National American University-Rapid City. (Scorecard, 2026 · our math.)

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Head to head
MeasureLake Area Technical CollegeNational American University-Rapid City
Net price / yr$15,979$31,062
Total net cost$31,958$124,248
Median earnings, 10 yrs$45,473$37,325
Median debt$12,000$29,020
Payback
20-year net return-$89,698-$344,948

College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.

Which is cheaper, Lake Area Technical College or National American University-Rapid City?

Lake Area Technical College, at $15,979 a year after aid versus $31,062 — a gap of $15,083 a year, or $92,290 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Lake Area Technical College or National American University-Rapid City graduates earn more?

Lake Area Technical College graduates report a median $45,473 ten years after entry, $8,148 more than the $37,325 at National American University-Rapid City. Both are institution-wide medians from federal tax records, so a high-paying major at the lower school can beat the average at the higher one.

Which leaves students with less debt, Lake Area Technical College or National American University-Rapid City?

Lake Area Technical College: its completers carry a median $12,000 in federal loans versus $29,020 at National American University-Rapid City, a difference of $17,020. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

73% of students finish at Lake Area Technical College, against 0% at National American University-Rapid City. Completion matters to the ROI arithmetic because a degree that is never finished still carries its cost and its debt, but earns none of the graduate premium above the $48,360 high-school baseline.

Lake Area Technical College vs National American University-Rapid City: frequently asked questions

Is Lake Area Technical College or National American University-Rapid City a better value?
Lake Area Technical College comes closer, but neither clears its cost on institution-wide earnings — the field you study decides it here more than the school.
Which is cheaper, Lake Area Technical College or National American University-Rapid City?
Lake Area Technical College: $15,979/yr net price after aid versus $31,062/yr at National American University-Rapid City — a difference of $15,083 a year, or about $92,290 over four years.
Do Lake Area Technical College or National American University-Rapid City graduates earn more?
Lake Area Technical College graduates earn a median $45,473 ten years after entry, versus $37,325 at National American University-Rapid City — a $8,148 gap. This blends every major, so a specific field can flip it.