New Mexico Institute of Mining and Technology
Two ratings: the overall grade compares colleges the conventional way (outcomes, cost, resources, experience, reputation). The Outcome Rating asks what students earn: 60% wage-adjusted earnings 10 years after enrolling, 25% graduation, 15% retention. Methodology
Quick Stats
Earnings, Debt & Completion
What happens to students who enroll at New Mexico Institute of Mining and Technology, from the U.S. Department of Education’s College Scorecard.
Typical debt at graduation equals about 25% of one year’s median earnings ten years after entry.
Earnings rank: 96th percentile among bachelor’s-degree-focused colleges after a partial adjustment for local wage levels (NM wage index 0.75). This drives the Outcome Rating.
Source: U.S. Department of Education College Scorecard, retrieved Oct 2026. Earnings are for federally aided students who enrolled, whether or not they graduated.
Earnings by Major at New Mexico Institute of Mining and Technology
Median pay of bachelor's degree graduates by field of study, and how each program ranks against every college reporting that major — by raw pay and adjusted for state wage levels. Same school, very different paychecks.
| Major | 1 yr after | 4 yrs after | vs. national | Rank (pay) | Rank (wage-adj.) | Median debt |
|---|---|---|---|---|---|---|
| Electrical, Electronics, and Communications Engineering | $73,300 | $117,813 | +17% | #15 of 258 | #8 | $15,981 |
| Mechanical Engineering | $57,424 | $98,213 | +7% | #50 of 318 | #7 | $19,500 |
| Computer and Information Sciences | — | $95,750 | +4% | #145 of 459 | #66 | $16,918 |
| Petroleum Engineering | $42,325 | $95,234 | -9% | #16 of 19 | #10 | $24,000 |
| Chemical Engineering | $57,215 | $85,900 | -12% | #150 of 158 | #76 | $15,000 |
| Biology | — | $48,211 | -16% | #732 of 841 | #515 | — |
Source: U.S. Department of Education College Scorecard, field-of-study data. Earnings are for graduates who received federal aid and were working; small programs are not reported.
The New Mexico Institute of Mining and Technology Town Property Report
- Avg home value near campus: $200,960
- Avg rent near campus: $873/mo
- Top nearby ZIP by cap rate: 87801 (3.4% cap, Socorro)
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Costs & Financial Aid
Tuition & Fees
| Category | In-State | Out-of-State |
|---|---|---|
| Tuition | $7,664 | $24,918 |
| Total Cost (On-Campus) | $25,200 | $42,454 |
Financial Aid
Net Price by Family Income
| Family Income | Average Net Price |
|---|---|
| $0 - $30,000 | $3,970 |
| $30,001 - $48,000 | $5,067 |
| $48,001 - $75,000 | $8,676 |
| $75,001 - $110,000 | $11,907 |
| $110,001+ | $12,207 |
Programs & Career Paths
Top Degree Programs
Programs ranked by number of degrees awarded annually.
Related Career Paths
Careers that graduates from New Mexico Institute of Mining and Technology's top programs commonly pursue.
Student Demographics
👥 Race & Ethnicity
🏠 Living Arrangements
💻 Learning Mode
📊 Age Distribution
Frequently Asked Questions
What is the acceptance rate at New Mexico Institute of Mining and Technology?
How much does it cost to attend New Mexico Institute of Mining and Technology?
What is the graduation rate at New Mexico Institute of Mining and Technology?
Is New Mexico Institute of Mining and Technology a good school?
- Outcomes (B): Graduation and retention rates
- Affordability (B): Net cost and financial aid access
- Resources (B): Class sizes and selectivity
- Experience (A): Campus life and learning format
- Prestige (D): Reputation and recognition
How many students attend New Mexico Institute of Mining and Technology?
Is there rental demand near New Mexico Institute of Mining and Technology?
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🎓 Similar Colleges to New Mexico Institute of Mining and Technology
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Data source: IPEDS 2023-24 | Last updated: October 2026 | Methodology