Analysis
Colorado School of Mines carries a reputation as one of the nation's premier engineering schools, and while specific graduate outcomes are suppressed due to small sample sizes, peer engineering programs nationally suggest first-year earnings around $73,000 against estimated debt of $23,000. That 0.31 debt-to-earnings ratio would be manageable by any standard—comparable programs typically see graduates earning more than three times their debt in the first year alone. The school's 1403 average SAT and selective (though not cutthroat) 60% admission rate signal serious academic rigor, which matters in engineering where employer prestige and alumni networks translate directly into job opportunities.
What's harder to gauge is whether Mines delivers meaningfully better outcomes than Colorado's other engineering options. Colorado State Pueblo reports $76,000 in first-year earnings with higher debt loads at $31,000, while Colorado's overall median for engineering bachelor's programs sits at $76,000. Without Mines' actual graduate data, you can't determine if its specialized STEM focus and smaller cohorts justify choosing it over state alternatives that might cost less or offer broader campus experiences.
The financial fundamentals look sound based on what similar programs produce—engineering bachelor's degrees consistently generate strong returns. But you're making this decision without seeing Mines-specific outcomes, relying instead on the program's academic reputation and your confidence that a focused engineering school will match or exceed what peer institutions deliver.
Where Colorado School of Mines Stands
Earnings vs. debt across all engineering bachelors's programs nationally
Compare to Similar Programs in Colorado
Engineering bachelors's programs at peer institutions in Colorado (3 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $21,186 | $72,877* | — | $22,875* | — | |
| $9,401 | $76,059* | $79,387 | $31,000* | 0.41 | |
| National Median | — | $72,876* | — | $22,694* | 0.31 |
Career Paths
Occupations commonly associated with engineering graduates
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Health and Safety Engineers, Except Mining Safety Engineers and Inspectors
Fire-Prevention and Protection Engineers
Engineering Teachers, Postsecondary
Engineers, All Other
Energy Engineers, Except Wind and Solar
Mechatronics Engineers
Microsystems Engineers
Photonics Engineers
Robotics Engineers
Nanosystems 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 16 similar programs. Actual outcomes may vary.