Public · Mostly bachelor's degrees · Remote town
New Mexico Institute of Mining and Technology
Socorro, New Mexico. 995 undergraduates. Admits 44% of applicants.
55%Graduation rateAbout the same as the national median for similar colleges
$20,862Average net price per year5% above the national median for similar colleges ($19,899)
$71,723Median earnings 10 years after starting22% above the national median for similar colleges ($58,912)
$13,892Median debt at graduation36% below the national median for similar colleges ($21,609)
Our read
Graduates' median debt ($13,892) equals 19% of former students' median earnings ten years after starting ($71,723). That is a light load relative to pay.
What families actually pay
Average yearly net price for first-time, full-time students who received federal aid, by family income. Net price is the cost of attendance minus grants and scholarships. Source: College Scorecard.
Compare net price across collegesPublished tuition and fees: $10,112 in-state, $31,683 out-of-state.
Do students finish, and what do they earn?
| Measure | This college | Similar colleges nationally |
|---|---|---|
| Graduation rate | 55% | 54% |
| Return for second year | 77% | 76% |
| Median earnings, 6 years after starting | $63,617 | $49,318 |
| Median earnings, 10 years after starting | $71,723 | $58,912 |
| Median debt at graduation | $13,892 | $21,609 |
Graduation rate within 150% of normal time; retention is the share of first-year students who return. Earnings are medians for former students who received federal aid, working and not enrolled. National comparison is the median for colleges of the same type (mostly bachelor's degrees).
Programs and what graduates earn
50 programs reported| Program | Graduates / yr | Median earnings, 1 yr | Median earnings, 5 yrs | Median debt |
|---|---|---|---|---|
| Electrical, Electronics, and Communications Engineering | 23 | $73,192 | $111,612 | — |
| Computer and Information Sciences, General | 0 | $60,106 | $111,466 | $22,538 |
| Mechanical Engineering | 65 | $68,152 | $106,662 | $11,297 |
| Petroleum Engineering | 3 | — | $98,785 | — |
| Chemical Engineering | 9 | — | $96,239 | — |
| Civil Engineering | 8 | $75,027 | $78,252 | — |
| Biology, General | 17 | — | $53,275 | — |
| Natural Resources Conservation and Research | 2 | — | — | — |
| Computer Science | 22 | — | — | — |
| Environmental/Environmental Health Engineering | 3 | — | — | — |
| Materials Engineering | 5 | — | — | — |
| Mining and Mineral Engineering | 4 | — | — | — |
| Engineering-Related Fields | 3 | — | — | — |
| Rhetoric and Composition/Writing Studies | 1 | — | — | — |
| Liberal Arts and Sciences, General Studies and Humanities | 3 | — | — | — |
| Mathematics | 10 | — | — | — |
| Physical Sciences, General | 2 | — | — | — |
| Chemistry | 4 | — | — | — |
| Geological and Earth Sciences/Geosciences | 5 | — | — | — |
| Physics | 11 | — | — | — |
| Psychology, General | 2 | — | — | — |
| Program | Graduates / yr | Median earnings, 1 yr | Median earnings, 5 yrs | Median debt |
|---|---|---|---|---|
| Teacher Education and Professional Development, Specific Subject Areas | 9 | — | $70,708 | — |
| Computer Science | 5 | — | — | — |
| Chemical Engineering | 7 | — | — | — |
| Civil Engineering | 4 | — | — | — |
| Electrical, Electronics, and Communications Engineering | 1 | — | — | — |
| Materials Engineering | 5 | — | — | — |
| Mechanical Engineering | 13 | — | — | — |
| Mining and Mineral Engineering | 13 | — | — | — |
| Petroleum Engineering | 6 | — | — | — |
| Engineering-Related Fields | 6 | — | — | — |
| Biology, General | 4 | — | — | — |
| Mathematics | 4 | — | — | — |
| Intelligence, Command Control and Information Operations | 4 | — | — | — |
| Chemistry | 1 | — | — | — |
| Geological and Earth Sciences/Geosciences | 8 | — | — | — |
| Physics | 1 | — | — | — |
| Program | Graduates / yr | Median earnings, 1 yr | Median earnings, 5 yrs | Median debt |
|---|---|---|---|---|
| Computer Science | 2 | — | — | — |
| Electrical, Electronics, and Communications Engineering | 1 | — | — | — |
| Materials Engineering | 2 | — | — | — |
| Mechanical Engineering | 3 | — | — | — |
| Petroleum Engineering | 4 | — | — | — |
| Biotechnology | 1 | — | — | — |
| Intelligence, Command Control and Information Operations | 1 | — | — | — |
| Chemistry | 2 | — | — | — |
| Geological and Earth Sciences/Geosciences | 3 | — | — | — |
| Physics | 2 | — | — | — |
| Program | Graduates / yr | Median earnings, 1 yr | Median earnings, 5 yrs | Median debt |
|---|---|---|---|---|
| Teacher Education and Professional Development, Specific Levels and Methods | 2 | — | — | — |
| Intelligence, Command Control and Information Operations | 1 | — | — | — |
| Program | Graduates / yr | Median earnings, 1 yr | Median earnings, 5 yrs | Median debt |
|---|---|---|---|---|
| Liberal Arts and Sciences, General Studies and Humanities | 1 | — | — | — |
Program-level medians for graduates who received federal aid. A dash means the Department of Education suppressed the figure to protect privacy, usually because the program is small. At four-year colleges, certificate graduates often earned a bachelor's at the same time, so their earnings can reflect the degree. Source: College Scorecard, field of study data.
Getting in
44%Admission rate
1,207Average SAT of admitted students
20–29ACT middle 50%
9:1Students per faculty member
33%Undergraduates with a Pell Grant
Similar colleges in New Mexico
University of New Mexico-Main CampusAlbuquerque · net price $19,966 · grad rate 54%St. John's CollegeSanta Fe · net price $22,480 · grad rate 70%New Mexico Highlands UniversityLas Vegas · net price $18,315 · grad rate 30%University of the SouthwestHobbs · net price $17,550 · grad rate 19%New Mexico State University-Main CampusLas Cruces · net price $6,313 · grad rate 54%Western New Mexico UniversitySilver City · net price $6,328 · grad rate 44%
Quick answers
- How much does New Mexico Institute of Mining and Technology cost per year?
- The average net price at New Mexico Institute of Mining and Technology, what students pay after grants and scholarships, is $20,862 per year. Source: U.S. Department of Education College Scorecard.
- How much do New Mexico Institute of Mining and Technology graduates earn?
- Former New Mexico Institute of Mining and Technology students earn a median of $71,723 a year ten years after starting college. Source: U.S. Department of Education College Scorecard.
- What is the graduation rate at New Mexico Institute of Mining and Technology?
- 55% of New Mexico Institute of Mining and Technology students graduate within 150% of normal time. Source: U.S. Department of Education College Scorecard.
- How much student debt do New Mexico Institute of Mining and Technology graduates have?
- The median federal student debt at graduation from New Mexico Institute of Mining and Technology is $13,892. Source: U.S. Department of Education College Scorecard.
