Est. Earnings (1yr)
$68,919
Est. from national median (31 programs)
Est. Median Debt
$25,236
Est. from national median (21 programs)

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 →

SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
New Mexico Institute of Mining and TechnologySocorro$9,058$68,919*$25,236*
Stanford UniversityStanford$62,484$100,788*$141,630*
Stevens Institute of TechnologyHoboken$60,952$79,755*$94,324$26,975*0.34
Michigan State UniversityEast Lansing$15,988$76,563*$82,682$23,756*0.31
Arizona State University Digital ImmersionScottsdale$76,149*$84,356$31,000*0.41
Arizona State University Campus ImmersionTempe$12,051$76,149*$84,356$31,000*0.41
National Median$68,919*$25,368*0.37
* Estimated from similar programs

Career Paths

Occupations commonly associated with engineering-related fields 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

Industrial Production Managers

Plan, direct, or coordinate the work activities and resources necessary for manufacturing products in accordance with cost, quality, and quantity specifications.

$121,440/yrJobs growth:Bachelor's degree

Quality Control Systems Managers

Plan, direct, or coordinate quality assurance programs. Formulate quality control policies and control quality of laboratory and production efforts.

$121,440/yrJobs growth:Bachelor's degree

Geothermal Production Managers

Manage operations at geothermal power generation facilities. Maintain and monitor geothermal plant equipment for efficient and safe plant operations.

$121,440/yrJobs growth:Bachelor's degree

Biofuels Production Managers

Manage biofuels production and plant operations. Collect and process information on plant production and performance, diagnose problems, and design corrective procedures.

$121,440/yrJobs growth:Bachelor's degree

Biomass Power Plant Managers

Manage operations at biomass power generation facilities. Direct work activities at plant, including supervision of operations and maintenance staff.

$121,440/yrJobs growth:Bachelor's degree

Hydroelectric Production Managers

Manage operations at hydroelectric power generation facilities. Maintain and monitor hydroelectric plant equipment for efficient and safe plant operations.

$121,440/yrJobs growth:Bachelor's degree

Facilities Managers

Plan, direct, or coordinate operations and functionalities of facilities and buildings. May include surrounding grounds or multiple facilities of an organization's campus.

$106,880/yrJobs growth:Bachelor's degree

Security Managers

Direct an organization's security functions, including physical security and safety of employees and facilities.

$106,880/yrJobs growth:Bachelor's degree

Industrial Engineers

Design, develop, test, and evaluate integrated systems for managing industrial production processes, including human work factors, quality control, inventory control, logistics and material flow, cost analysis, and production coordination.

$101,140/yrJobs growth:Bachelor's degree

Human Factors Engineers and Ergonomists

Design objects, facilities, and environments to optimize human well-being and overall system performance, applying theory, principles, and data regarding the relationship between humans and respective technology. Investigate and analyze characteristics of human behavior and performance as it relates to the use of technology.

$101,140/yrJobs growth:Bachelor's degree
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.