Median Earnings (1yr)
$80,815
72nd percentile
60th percentile in Colorado
Median Debt
$22,000
12% below national median

Analysis

Colorado School of Mines produces electrical engineering graduates who earn $80,815 in their first year—above the national median but trailing CU Boulder's $89,000. What's striking is where these graduates land four years out: $93,671, representing 16% growth that outpaces typical engineering trajectories. Among Colorado's eight electrical engineering programs, Mines sits squarely in the middle of the pack (60th percentile), but that's partly because the state's engineering schools cluster tightly around strong outcomes.

The financial picture is exceptionally clean. At $22,000 in median debt—below both state and national averages—graduates face a debt-to-earnings ratio of just 0.27. That means first-year salary covers total debt nearly four times over. For comparison, the national median debt for this program is $25,000, so Mines students are borrowing roughly $3,000 less while earning similar or better salaries.

This is solid, sustainable engineering preparation with no red flags. While Mines doesn't command the premium of CU Boulder's program, graduates enter the workforce debt-light and see healthy salary progression. For families prioritizing affordability alongside strong technical training, this delivers exactly what you'd want from an engineering degree: immediate employability and room for financial growth.

Where Colorado School of Mines Stands

Earnings vs. debt across all electrical, electronics and communications engineering bachelors's programs nationally

Earnings Distribution

How Colorado School of Mines graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Colorado School of Mines$80,815$93,671+16%
University of Colorado Boulder$88,957$91,412+3%
Colorado State University-Fort Collins$78,038$88,740+14%
University of Colorado Denver/Anschutz Medical Campus$78,878$86,977+10%
University of Colorado Colorado Springs$80,513$86,483+7%

Compare to Similar Programs in Colorado

Electrical, Electronics and Communications Engineering bachelors's programs at peer institutions in Colorado (8 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Colorado School of MinesGolden$21,186$80,815$93,671$22,0000.27
University of Colorado BoulderBoulder$16,430$88,957$91,412$20,4140.23
University of Colorado Colorado SpringsColorado Springs$9,712$80,513$86,483$25,3240.31
University of Colorado Denver/Anschutz Medical CampusDenver$10,017$78,878$86,977$34,5000.44
Colorado State University-Fort CollinsFort Collins$12,896$78,038$88,740$25,9000.33
National Median—$77,710—$24,9890.32

Career Paths

Occupations commonly associated with electrical, electronics and communications engineering graduates

Architectural and Engineering Managers

Plan, direct, or coordinate activities in such fields as architecture and engineering or research and development in these fields.

$167,740/yrJobs growth:Bachelor's degree

Biofuels/Biodiesel Technology and Product Development Managers

Define, plan, or execute biofuels/biodiesel research programs that evaluate alternative feedstock and process technologies with near-term commercial potential.

$167,740/yrJobs growth:Bachelor's degree

Computer Hardware Engineers

Research, design, develop, or test computer or computer-related equipment for commercial, industrial, military, or scientific use. May supervise the manufacturing and installation of computer or computer-related equipment and components.

$155,020/yrJobs growth:Bachelor's degree

Aerospace Engineers

Perform engineering duties in designing, constructing, and testing aircraft, missiles, and spacecraft. May conduct basic and applied research to evaluate adaptability of materials and equipment to aircraft design and manufacture. May recommend improvements in testing equipment and techniques.

$134,830/yrJobs growth:Bachelor's degree

Electrical Engineers

Research, design, develop, test, or supervise the manufacturing and installation of electrical equipment, components, or systems for commercial, industrial, military, or scientific use.

$118,780/yrJobs growth:Bachelor's degree

Electronics Engineers, Except Computer

Research, design, develop, or test electronic components and systems for commercial, industrial, military, or scientific use employing knowledge of electronic theory and materials properties. Design electronic circuits and components for use in fields such as telecommunications, aerospace guidance and propulsion control, acoustics, or instruments and controls.

$118,780/yrJobs growth:Bachelor's degree

Radio Frequency Identification Device Specialists

Design and implement radio frequency identification device (RFID) systems used to track shipments or goods.

$118,780/yrJobs growth:Bachelor's degree

Engineering Teachers, Postsecondary

Teach courses pertaining to the application of physical laws and principles of engineering for the development of machines, materials, instruments, processes, and services. Includes teachers of subjects such as chemical, civil, electrical, industrial, mechanical, mineral, and petroleum engineering. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Engineers, All Other

All engineers not listed separately.

Energy Engineers, Except Wind and Solar

Design, develop, or evaluate energy-related projects or programs to reduce energy costs or improve energy efficiency during the designing, building, or remodeling stages of construction. May specialize in electrical systems; heating, ventilation, and air-conditioning (HVAC) systems; green buildings; lighting; air quality; or energy procurement.

Mechatronics Engineers

Research, design, develop, or test automation, intelligent systems, smart devices, or industrial systems control.

Microsystems Engineers

Research, design, develop, or test microelectromechanical systems (MEMS) devices.

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 67 graduates with reported earnings and 66 graduates with debt data. Small samples may not be representative.