Analysis
Colorado School of Mines stands out among Colorado's engineering programs, with fourth-year graduates earning $81,462—substantially above Fort Lewis College's $50,985 and the state median. While first-year earnings and debt figures are estimated from national peer programs rather than Mines-specific data, the actual fourth-year number tells the more important story: this program appears to deliver strong mid-career outcomes. The estimated debt-to-earnings ratio of 0.38 suggests manageable borrowing even at these projected levels, though with only four engineering schools in Colorado and limited public data, direct state comparisons are challenging.
What works in this program's favor is both trajectory and selectivity. Students here average 1403 on the SAT, indicating a cohort that likely shares strong preparation and career focus. The jump from estimated first-year earnings of $67,911 to the reported $81,462 by year four represents meaningful salary growth, and both figures align with or exceed the $67,911 national median. The low Pell grant percentage (13%) suggests most students come from families better positioned to help with costs, though it also means less economic diversity on campus.
For families comfortable with debt in the $25,000-$26,000 range, Mines appears positioned to deliver solid returns based on its actual mid-career data and the performance of comparable engineering programs. The fourth-year earnings aren't estimated—they're real—and that's where the value case gets clearest.
Where Colorado School of Mines Stands
Earnings vs. debt across all engineering bachelors's programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Colorado School of Mines | — | $81,462 | — |
| Franklin W Olin College of Engineering | $109,455 | $114,228 | +4% |
| University of California-Davis | $82,956 | $104,701 | +26% |
| Harvey Mudd College | $92,491 | $103,969 | +12% |
| Fort Lewis College | $50,985 | $73,037 | +43% |
Compare to Similar Programs in Colorado
Engineering bachelors's programs at peer institutions in Colorado (4 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $21,186 | $67,911* | $81,462 | $25,832* | — | |
| $9,670 | $50,985* | $73,037 | $28,450* | 0.56 | |
| National Median | — | $67,911* | — | $26,056* | 0.38 |
Career Paths
Occupations commonly associated with engineering graduates
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Engineering Teachers, Postsecondary
Engineers, All Other
Energy Engineers, Except Wind and Solar
Mechatronics Engineers
Microsystems Engineers
Photonics Engineers
Robotics Engineers
Nanosystems Engineers
Wind Energy Engineers
Solar Energy Systems Engineers
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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the national median of 47 similar programs. Actual outcomes may vary.