Median Earnings (1yr)
$83,309
25th percentile
Median Debt
$25,000
At national median

Analysis

Mining engineering from Colorado School of Mines produces graduates earning $83,000 right out of college—strong pay for any bachelor's degree, though surprisingly middle-of-the-pack for this specialized field. At the 25th percentile nationally among mining programs, these earnings trail peers at other mining schools, where typical graduates start closer to $86,000. The $25,000 in median debt, however, keeps the financial equation manageable with a debt-to-earnings ratio of just 0.30.

The real story here is trajectory: earnings jump 26% to $105,000 by year four, suggesting graduates find their footing after initial placement. Since Colorado School of Mines is the only in-state option for this program, direct state comparisons are impossible, but the national benchmark shows there's upside potential elsewhere. The caveat worth noting is the small sample size (under 30 graduates), which can skew data considerably—one or two career paths can dramatically shift the medians either direction.

For families committed to mining engineering, this program offers solid fundamentals: manageable debt, six-figure mid-career potential, and a respected name in the industry. But if your child is targeting top mining salaries immediately, programs ranking higher nationally might justify looking out of state despite higher costs.

Where Colorado School of Mines Stands

Earnings vs. debt across all mining and mineral engineering 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$83,309$104,994+26%
University of Arizona$86,924$95,216+10%
Virginia Polytechnic Institute and State University$74,793$84,815+13%
West Virginia University$85,897$82,760-4%

Compare to Similar Programs Nationally

Mining and Mineral Engineering 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$83,309$104,994$25,0000.30
South Dakota School of Mines and TechnologyRapid City$10,400$90,514$27,9140.31
University of ArizonaTucson$13,626$86,924$95,216$11,5000.13
West Virginia UniversityMorgantown$9,648$85,897$82,760$24,9030.29
Virginia Polytechnic Institute and State UniversityBlacksburg$15,478$74,793$84,815$20,9070.28
National Median$85,897$24,9520.29

Career Paths

Occupations commonly associated with mining and mineral 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

Mining and Geological Engineers, Including Mining Safety Engineers

Conduct subsurface surveys to identify the characteristics of potential land or mining development sites. May specify the ground support systems, processes, and equipment for safe, economical, and environmentally sound extraction or underground construction activities. May inspect areas for unsafe geological conditions, equipment, and working conditions. May design, implement, and coordinate mine safety programs.

$101,020/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:
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 18 graduates with reported earnings and 19 graduates with debt data. Small samples may not be representative.