Mechanical Engineering at Colorado School of Mines
Bachelor's Degree
Analysis
Colorado School of Mines mechanical engineering graduates earn $74,145 their first year—significantly above Colorado's median of $68,264 for the program and topping even flagship Boulder's $66,089. Among Colorado's seven engineering schools, Mines ranks second only to the CU Denver/Anschutz campus while charging comparable debt levels ($25,000 versus the state median of $25,592). Nationally, these graduates land in the 72nd percentile for earnings, performing well above the typical mechanical engineering program.
The debt picture looks manageable with a 0.34 debt-to-earnings ratio, meaning graduates earn roughly three times their debt load in their first year. Four-year earnings climb to $83,162—a healthy 12% gain that suggests these graduates continue advancing in their careers. With a robust sample size of over 100 graduates, these numbers reflect consistent outcomes rather than statistical noise.
For parents evaluating Colorado engineering programs, Mines delivers stronger starting salaries than most competitors at similar debt levels. The 60% admission rate and 1403 average SAT indicate selectivity without being prohibitively competitive. If your child can handle the rigorous coursework—Mines has a demanding reputation—the return on investment appears solid from day one.
Where Colorado School of Mines Stands
Earnings vs. debt across all mechanical engineering bachelors's programs nationally
Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.
Earnings Distribution
How Colorado School of Mines graduates compare to all programs nationally
Colorado School of Mines graduates earn $74k, placing them in the 72th percentile of all mechanical engineering bachelors programs nationally.
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.
Compare to Similar Programs in Colorado
Mechanical Engineering bachelors's programs at peer institutions in Colorado (7 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Colorado School of Mines | $74,145 | $83,162 | $25,000 | 0.34 |
| University of Colorado Denver/Anschutz Medical Campus | $70,763 | $87,148 | $30,907 | 0.44 |
| University of Colorado Colorado Springs | $70,440 | $70,270 | $23,250 | 0.33 |
| University of Colorado Boulder | $66,089 | $82,040 | $20,500 | 0.31 |
| University of Denver | $65,014 | $78,459 | $26,248 | 0.40 |
| Colorado State University-Fort Collins | $60,720 | $83,877 | $26,184 | 0.43 |
| National Median | $70,744 | — | $24,755 | 0.35 |
Other Mechanical Engineering Programs in Colorado
Compare tuition, earnings, and debt across Colorado schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| University of Colorado Denver/Anschutz Medical Campus Denver | $10,017 | $70,763 | $30,907 |
| University of Colorado Colorado Springs Colorado Springs | $9,712 | $70,440 | $23,250 |
| University of Colorado Boulder Boulder | $16,430 | $66,089 | $20,500 |
| University of Denver Denver | $59,340 | $65,014 | $26,248 |
| Colorado State University-Fort Collins Fort Collins | $12,896 | $60,720 | $26,184 |
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 280 graduates with reported earnings and 324 graduates with debt data. Small samples may not be representative.