Key differences on Outcomes
- 1
Shepherd graduates 15 pts more of its students than Montana State University Billings (51% vs. 36%)
Graduation rate - 2
Shepherd grads earn $5.1K more ten years out than Montana State University Billings's ($49,358 vs. $44,296)
Median earnings, 10 yrs
Outcomes
Outcomes
Earnings and finishing
Median earnings, 10 yrs
Shepherd$49.4KHighest
Montana State University Billings$44.3K
Graduation rate
Shepherd51%Highest
Montana State University Billings36%
Retention rate
Shepherd71%Highest
Montana State University Billings56%
Borrowing
Median debt
Shepherd$21.6K
Montana State University Billings$18.2KLowest
Undergrads with a federal loan
Shepherd39%
Montana State University Billings28%
Median debt, Pell Grant recipients
Shepherd$15K
Montana State University Billings$11KLowest
Eight-year outcomes
Credential within 4 years, all students
Shepherd43%
Montana State University Billings26%
Credential within 8 years, all students
Shepherd53%
Montana State University Billings36%
Enrolled at another college, 8 years on
Shepherd31%
Montana State University Billings23%
Graduation by group
Graduated in 6 years, Pell Grant recipients
Shepherd40%
Montana State University Billings25%
Graduated in 6 years, neither Pell nor subsidized loan
Shepherd61%
Montana State University Billings32%
Pell graduation gap
Shepherd21 pts lower
Montana State University Billings7 pts lower
Graduated in 6 years, by race and ethnicity
| Group | Shepherd | Montana State University Billings |
|---|---|---|
| White | 55% | 34% |
| Asian | Not shown: under 30 students | Not shown: under 30 students |
| Hispanic/Latino | 47% | 13% |
| Black | 38% | Not shown: under 30 students |
| Two or more races | 26% | 19% |
| International | Not shown: under 30 students | Not shown: under 30 students |
Sources:College Scorecard, most recent release;College Scorecard, Entered fall 2023;College Scorecard, 2023–24;IPEDS Outcome Measures survey, Students entering fall 2016;IPEDS Graduation Rates survey (Pell Grant and subsidized loan recipients), Entered fall 2018About the data(retrieved 2026-10-12)
Figures are the newest each college has published; years can differ between colleges. Each value's ⓘ shows its source and year. Why

