Analysis
With peer engineering-related programs nationally producing first-year earnings around $69,000 and typical debt loads near $25,000, this represents solid financial footing—a debt-to-earnings ratio of 0.37 means graduates would need less than five months of gross income to cover what they borrowed. New Mexico Tech's specialized focus and respectable student profile (average SAT of 1182, moderately selective at 54%) suggest the quality behind these estimates is likely there, even if the small graduate cohort prevents the Department of Education from publishing school-specific outcomes.
The challenge is that you're working entirely with national proxies here. As the only program of its kind tracked in New Mexico, there's no local comparison to ground expectations. Engineering-related fields encompass everything from engineering technology to surveying to materials science, so the national median reflects a range of specializations with different market values. What New Mexico Tech actually offers within this broad category—and how New Mexico's engineering job market rewards it—remains unclear from these numbers alone.
The debt figure looks manageable against the earnings estimate, which is the practical takeaway. But before committing, verify exactly which engineering-related major your child would pursue and whether New Mexico Tech's placement record in that specific field justifies the investment. The estimates suggest viability, but school-specific outcomes would tell you whether this program delivers or just sits in the middle of a national pack.
Where New Mexico Institute of Mining and Technology Stands
Earnings vs. debt across all engineering-related fields bachelors's programs nationally
Compare to Similar Programs Nationally
Engineering-Related Fields bachelors's programs at top institutions nationally
Scroll to see more →
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $9,058 | $68,919* | — | $25,236* | — | |
| $62,484 | $100,788* | $141,630 | —* | — | |
| $60,952 | $79,755* | $94,324 | $26,975* | 0.34 | |
| $15,988 | $76,563* | $82,682 | $23,756* | 0.31 | |
| — | $76,149* | $84,356 | $31,000* | 0.41 | |
| $12,051 | $76,149* | $84,356 | $31,000* | 0.41 | |
| National Median | — | $68,919* | — | $25,368* | 0.37 |
Career Paths
Occupations commonly associated with engineering-related fields graduates
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Industrial Production Managers
Quality Control Systems Managers
Geothermal Production Managers
Biofuels Production Managers
Biomass Power Plant Managers
Hydroelectric Production Managers
Facilities Managers
Security Managers
Industrial Engineers
Human Factors Engineers and Ergonomists
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 31 similar programs. Actual outcomes may vary.