Analysis
A first-year salary around $46,000—typical for Colorado math programs—followed by a jump to over $100,000 by year four tells you something crucial about Colorado School of Mines' approach to mathematics education. While similar programs across the state show steady but modest earnings growth, Mines' math graduates appear to be entering careers with steep upward trajectories, likely reflecting the school's engineering-focused culture and strong industry connections in technical fields where mathematical skills command premium pay.
The estimated debt load of roughly $22,000 aligns with both state and national norms for math degrees, creating a manageable 0.47 debt-to-earnings ratio even in that modest first year. What sets this apart is the four-year outlook: at over $100,000, these graduates are earning double what most Colorado math programs produce, suggesting they're moving into quantitative roles at energy companies, tech firms, or engineering positions rather than traditional math career paths like teaching or research that typically show flatter salary curves.
The key question is whether your student fits Mines' technical, applied culture—the school attracts students with 1403 average SATs and sends relatively few Pell recipients through its doors. If they're drawn to pure mathematics or education, other Colorado programs might suit them better. But for a student interested in using math as a tool in engineering, data science, or technical industries, that four-year earnings figure suggests Mines creates opportunities that justify the investment, even if the initial salary looks unremarkable.
Where Colorado School of Mines Stands
Earnings vs. debt across all mathematics 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 | — | $101,420 | — |
| University of Colorado Boulder | $41,176 | $68,103 | +65% |
| University of Colorado Denver/Anschutz Medical Campus | $52,695 | $67,691 | +28% |
| University of Colorado Colorado Springs | $37,197 | $65,776 | +77% |
| Metropolitan State University of Denver | $48,997 | $60,567 | +24% |
Compare to Similar Programs in Colorado
Mathematics bachelors's programs at peer institutions in Colorado (17 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $21,186 | $46,252* | $101,420 | $21,760* | — | |
| $10,017 | $52,695* | $67,691 | $27,000* | 0.51 | |
| $10,780 | $48,997* | $60,567 | $33,279* | 0.68 | |
| $12,896 | $47,835* | $58,736 | $21,020* | 0.44 | |
| $12,010 | $44,668* | $48,902 | $20,700* | 0.46 | |
| $16,430 | $41,176* | $68,103 | $20,960* | 0.51 | |
| National Median | — | $48,772* | — | $21,500* | 0.44 |
Career Paths
Occupations commonly associated with mathematics graduates
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Data Scientists
Business Intelligence Analysts
Clinical Data Managers
Mathematicians
Statisticians
Biostatisticians
Mathematical Science Teachers, Postsecondary
Secondary School Teachers, Except Special and Career/Technical Education
Mathematical Science Occupations, All Other
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 median of 6 similar programs in CO. Actual outcomes may vary.