Analysis
With estimated debt of $21,500 and first-year earnings around $48,800, this program's financial profile tracks closely with national mathematics benchmarks—a debt-to-earnings ratio of 0.44 suggests manageable repayment for most graduates. What's particularly interesting is that peer programs nationally cluster tightly around these same figures, meaning New Mexico Tech likely delivers comparable outcomes to the broader mathematics marketplace. The school's solid SAT average of 1182 and selective 54% admission rate indicate a rigorous environment that should prepare students well for quantitative careers.
The limited graduate sample that necessitated these estimates isn't necessarily a red flag—it likely reflects the school's small size and specialized focus on mining and technology rather than program quality issues. For context, the state's only program with reported data (UNM at $44,600) actually shows lower earnings than these national-based estimates suggest, which could mean New Mexico Tech's technical emphasis gives graduates an edge. The relatively affordable debt load, whether you're comparing to state or national figures, means students won't be house-poor in their first job.
Your child should verify current job placement rates and ask where recent mathematics graduates landed. Small programs can offer tight-knit mentorship and research opportunities that larger universities can't match, but you want confirmation that this specific cohort is actually achieving those benchmark outcomes.
Where New Mexico Institute of Mining and Technology Stands
Earnings vs. debt across all mathematics bachelors's programs nationally
Compare to Similar Programs in New Mexico
Mathematics bachelors's programs at peer institutions in New Mexico (7 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $9,058 | $48,772* | — | $21,498* | — | |
| $8,115 | $44,639* | — | $21,219* | 0.48 | |
| National Median | — | $48,772* | — | $21,500* | 0.44 |
Career Paths
Occupations commonly associated with mathematics graduates
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Data Scientists
Business Intelligence Analysts
Clinical Data Managers
Mathematicians
Statisticians
Biostatisticians
Mathematical Science Teachers, Postsecondary
Secondary School Teachers, Except Special and Career/Technical Education
Mathematical Science Occupations, All Other
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 253 similar programs. Actual outcomes may vary.