Median Earnings (1yr)Reported
$72,858
95th percentile
Median DebtReported
$21,500
13% below national median

Based on U.S. Department of Education data (October 2025 release).

Analysis

Colorado School of Mines' Engineering Physics program puts graduates in striking financial position right out of college, with first-year earnings of $72,858—far above the national median of $57,457 for this field. The 0.30 debt-to-earnings ratio means typical graduates earn enough in their first four months to cover their entire educational debt, making this one of the cleanest risk-reward profiles you'll find in engineering. With earnings climbing to $87,900 by year four, the financial trajectory stays strong.

The state context is less impressive than it initially appears: Colorado only has two schools offering this program, so the 60th percentile ranking simply means Mines is the lower-earning option in a two-school comparison. However, that's largely irrelevant when the absolute numbers are this solid. The 95th percentile national ranking tells the real story—this program outperforms nearly every other Engineering Physics bachelor's program in the country.

The $21,500 median debt is reasonable, though not exceptionally low (75th percentile nationally). For a parent weighing Mines against other engineering options, the key selling point isn't just the strong starting salary—it's that this specialized program delivers elite national outcomes while maintaining debt levels that won't constrain your child's early career choices. The moderate sample size suggests consistent placement success rather than a few outlier graduates skewing the numbers.

Where Colorado School of Mines Stands

Earnings vs. debt across all engineering physics 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$72,858$87,900+21%
University of Illinois Urbana-Champaign$64,304$92,842+44%
University of Wisconsin-Platteville$68,379$75,848+11%
Murray State University$58,025$67,485+16%

Compare to Similar Programs Nationally

Engineering Physics bachelors's programs at top institutions nationally

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Colorado School of MinesGolden$21,186$72,858$87,900$21,5000.30
University of Wisconsin-PlattevillePlatteville$8,315$68,379$75,848$27,0000.39
University of Illinois Urbana-ChampaignChampaign$16,004$64,304$92,842$20,1360.31
Murray State UniversityMurray$9,708$58,025$67,485$19,5210.34
Embry-Riddle Aeronautical University-Daytona BeachDaytona Beach$42,304$56,889$23,6670.42
Delaware State UniversityDover$10,314$54,210$31,0000.57
National Median$57,457$24,7060.43

Career Paths

Occupations commonly associated with engineering physics 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

Physicists

Conduct research into physical phenomena, develop theories on the basis of observation and experiments, and devise methods to apply physical laws and theories.

$166,290/yrJobs growth:Doctoral or professional degree

Natural Sciences Managers

Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, mathematics, statistics, and research and development in these fields.

$161,180/yrJobs growth:Bachelor's degree

Clinical Research Coordinators

Plan, direct, or coordinate clinical research projects. Direct the activities of workers engaged in clinical research projects to ensure compliance with protocols and overall clinical objectives. May evaluate and analyze clinical data.

$161,180/yrJobs growth:Bachelor's degree

Water Resource Specialists

Design or implement programs and strategies related to water resource issues such as supply, quality, and regulatory compliance issues.

$161,180/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.

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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 30 graduates with reported earnings and 50 graduates with debt data. Small samples may not be representative.