Analysis
New Mexico Tech's chemistry program appears positioned at a national standard rather than a regional one. While peer chemistry programs across New Mexico produce first-year earnings around $30,000, this program's estimated $42,500 earnings align with the national median—suggesting Tech's rigorous STEM focus and smaller, research-intensive environment may translate to stronger career outcomes than most state alternatives.
The estimated debt load of $23,675 creates a manageable 0.56 debt-to-earnings ratio, meaning graduates would owe roughly seven months of their first-year salary. This sits comfortably below the typical threshold where loan payments become burdensome. Chemistry degrees nationally carry similar debt levels (around $24,000), so there's nothing unusual about the borrowing required here. For a field where graduate school is common, keeping undergraduate debt moderate matters—and these figures suggest reasonable financial positioning for either immediate employment or further education.
The caveat: these are estimates based on comparable programs nationwide, not tracked outcomes from New Mexico Tech specifically. The school's 1182 average SAT score and selective STEM mission suggest its chemistry graduates might perform differently than the typical program. If you're drawn to Tech's hands-on research culture and mining/materials science connections, the estimated financial picture doesn't raise red flags—but confirm the school can show you where recent chemistry graduates actually landed.
Where New Mexico Institute of Mining and Technology Stands
Earnings vs. debt across all chemistry bachelors's programs nationally
Compare to Similar Programs in New Mexico
Chemistry bachelors's programs at peer institutions in New Mexico (6 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $9,058 | $42,581* | — | $23,675* | — | |
| $8,115 | $30,122* | $44,573 | $26,343* | 0.87 | |
| National Median | — | $42,581* | — | $24,000* | 0.56 |
Career Paths
Occupations commonly associated with chemistry graduates
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Computer and Information Research Scientists
Data Scientists
Business Intelligence Analysts
Clinical Data Managers
Chemists
Chemistry Teachers, Postsecondary
Environmental Science Teachers, Postsecondary
Physics Teachers, Postsecondary
Environmental Scientists and Specialists, Including Health
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 New Mexico Institute of Mining and Technology, approximately 31% 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 205 similar programs. Actual outcomes may vary.