Median Earnings (1yr)
$74,145
72nd percentile (60th in CO)
Median Debt
$25,000
1% above national median
Debt-to-Earnings
0.34
Manageable
Sample Size
280
Adequate data

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

Colorado School of MinesOther mechanical engineering programs

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)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Colorado School of Mines$74,145$83,162$25,0000.34
University of Colorado Denver/Anschutz Medical Campus$70,763$87,148$30,9070.44
University of Colorado Colorado Springs$70,440$70,270$23,2500.33
University of Colorado Boulder$66,089$82,040$20,5000.31
University of Denver$65,014$78,459$26,2480.40
Colorado State University-Fort Collins$60,720$83,877$26,1840.43
National Median$70,744—$24,7550.35

Other Mechanical Engineering Programs in Colorado

Compare tuition, earnings, and debt across Colorado schools

SchoolIn-State TuitionEarnings (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.