Analysis
Montana Technological sits in the heart of historic mining country, and its engineering program points toward one of the most specialized technical fields in higher education. With only 16 schools nationwide offering mining and mineral engineering degrees, peer programs suggest first-year earnings around $86,000—strong compensation that would make an estimated $25,000 in debt manageable by most standards. That debt-to-earnings ratio of 0.29 means graduates could theoretically pay off their loans in less than four months of gross income, assuming comparable outcomes here.
The caveat worth noting: these figures come from national medians of similar programs because Montana Tech's graduate cohort is too small for the Department of Education to publish specific outcomes. Mining engineering is an inherently niche field, so small sample sizes aren't necessarily red flags—they're often a reflection of program selectivity and industry demand. The national data shows remarkably tight clustering (the 75th percentile is barely $1,000 above the median), suggesting consistent outcomes across programs.
For parents whose students have genuine interest in extractive industries, Montana Tech offers specialized training in a field where jobs can be cyclical but well-compensated. The school's 90% admission rate and location in Butte—literally built on mining—suggest accessibility and potential industry connections. Just recognize you're evaluating this on borrowed data from peer institutions rather than Montana Tech's own track record.
Where Montana Technological University Stands
Earnings vs. debt across all mining and mineral engineering bachelors's programs nationally
Compare to Similar Programs Nationally
Mining and Mineral Engineering bachelors's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $8,050 | $85,897* | — | $24,952* | — | |
| $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 | |
| $21,186 | $83,309* | $104,994 | $25,000* | 0.30 | |
| $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 Montana Technological University, approximately 21% 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 national median of 5 similar programs. Actual outcomes may vary.