Est. Earnings (1yr)
$72,877
Est. from national median (16 programs)
Est. Median Debt
$22,875
Est. from national median (13 programs)

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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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Colorado School of MinesGolden$21,186$72,877*—$22,875*—
Colorado State University PuebloPueblo$9,401$76,059*$79,387$31,000*0.41
National Median—$72,876*—$22,694*0.31
* Estimated from similar programs

Career Paths

Occupations commonly associated with 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

Health and Safety Engineers, Except Mining Safety Engineers and Inspectors

Promote worksite or product safety by applying knowledge of industrial processes, mechanics, chemistry, psychology, and industrial health and safety laws. Includes industrial product safety engineers.

$109,660/yrJobs growth:Bachelor's degree

Fire-Prevention and Protection Engineers

Research causes of fires, determine fire protection methods, and design or recommend materials or equipment such as structural components or fire-detection equipment to assist organizations in safeguarding life and property against fire, explosion, and related hazards.

$109,660/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.

Photonics Engineers

Design technologies specializing in light information or light energy, such as laser or fiber optics technology.

Robotics Engineers

Research, design, develop, or test robotic applications.

Nanosystems Engineers

Design, develop, or supervise the production of materials, devices, or systems of unique molecular or macromolecular composition, applying principles of nanoscale physics and electrical, chemical, or biological engineering.

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.