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
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| 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
Scroll to see more →
| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $21,186 | $83,309 | $104,994 | $25,000 | 0.30 | |
| $10,400 | $90,514 | — | $27,914 | 0.31 | |
| $13,626 | $86,924 | $95,216 | $11,500 | 0.13 | |
| $9,648 | $85,897 | $82,760 | $24,903 | 0.29 | |
| $15,478 | $74,793 | $84,815 | $20,907 | 0.28 | |
| National Median | — | $85,897 | — | $24,952 | 0.29 |
Career Paths
Occupations commonly associated with mining and mineral engineering graduates
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Mining and Geological Engineers, Including Mining Safety Engineers
Engineering Teachers, Postsecondary
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.