Median Earnings (1yr)
$56,529
24th percentile
Median Debt
$25,000
8% above national median
Debt-to-Earnings
0.44
Manageable
Sample Size
37
Adequate data

Analysis

Colorado School of Mines' biomedical engineering graduates start behind the pack at $56,500, landing in just the 24th percentile nationally—about $8,000 below what typical biomedical engineers earn right out of school. But here's what matters: within four years, earnings jump 55% to $87,400, putting graduates well ahead of where most biomedical engineers at competing programs end up. In Colorado specifically, this program edges out the competition, ranking in the 60th percentile despite the slower start.

The $25,000 debt load is manageable—below Colorado's average for this field and roughly half of first-year earnings. That 0.44 debt-to-earnings ratio means graduates can realistically tackle their loans while building their careers. The trajectory suggests Mines grads are landing in roles with strong advancement potential, possibly in Colorado's growing medical device and healthcare tech sectors.

The tradeoff is clear: you're paying for a career that accelerates rather than one that peaks early. If your child can handle starting salaries that lag behind peers at schools like Johns Hopkins or Georgia Tech, the four-year outcome justifies the investment. This works best for students who understand that engineering careers often reward patience and that Mines' reputation opens doors that take a year or two to walk through.

Where Colorado School of Mines Stands

Earnings vs. debt across all biomedical/medical engineering bachelors's programs nationally

Colorado School of MinesOther biomedical/medical engineering programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How Colorado School of Mines graduates compare to all programs nationally

Colorado School of Mines graduates earn $57k, placing them in the 24th percentile of all biomedical/medical engineering bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Colorado

Biomedical/Medical Engineering bachelors's programs at peer institutions in Colorado (3 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Colorado School of Mines$56,529$87,437$25,0000.44
University of Colorado Denver/Anschutz Medical Campus$55,550—$29,6250.53
National Median$64,660—$23,2460.36

Other Biomedical/Medical Engineering Programs in Colorado

Compare tuition, earnings, and debt across Colorado schools

SchoolIn-State TuitionEarnings (1yr)Debt
University of Colorado Denver/Anschutz Medical Campus
Denver
$10,017$55,550$29,625

About This Data

Source: U.S. Department of Education College Scorecard (October 2025 release)

Population: Graduates who received federal financial aid (Title IV grants or loans). At Colorado School of Mines, approximately 13% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.

Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.

Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.

Sample Size: Based on 37 graduates with reported earnings and 43 graduates with debt data. Small samples may not be representative.