College profile
New Mexico Institute of Mining and Technology
NM · Public · Remote town · 1,112 applicants 2023
A parent's read
- The payoff holds even at full price: roughly 8× over a decade. With no aid at all — the full in-state ~$24,967/yr — a decade of median earnings (~$76,489/yr) still runs about 8× the four-year cost. This payoff doesn't depend on qualifying for anything. (Out-of-state costs more.)
- Built for the AI economy. About 1 in 8 degrees here is already in AI, computer science, or data fields. This campus is leaning into the shift, not waiting for it.
- The campus itself adds earnings power. Opportunity Insights tracks it: only about 8% of students arrive from the bottom income fifth, but those who do reach the top fifth by their 30s at a 48% rate — a strong sign the outcomes here are the campus, not just the intake.
Composed from this page's data — every claim is backed by a number in the sections below.
Parent/student verdict
Moderately selectiveSolid match for academically prepared students. Affordable — net price averages ~$9,873/yr among aid recipients. Major value play for in-state residents.
Best for
- Solid academic profiles — the admitted-student bands above are within reach for strong students
- In-state residents (tuition ~$9,476 — major value play)
- Students focused on Engineering (the school's signature program)
- Families wanting a small liberal-arts experience
The reality
- You'd be near the bottom of their admitted class if: SAT below 1040, or ACT below 20, or unweighted GPA below ~3.50 (test bands are the school's own; the GPA floor is our estimate, not a published figure)
- Out-of-state tuition is 2.9× the in-state rate
Verdict is composed from this college's structured data (admit rate, SAT bands, net price with aid and at full price, Carnegie classification, scholarship grids) using transparent rule thresholds — not a chat-bot's opinion.
What are your child's odds here?
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Weighted is the higher GPA, with honors/AP credit in it — pick whichever your school reports. PSAT scores work in the SAT box.
Institutional snapshot
What kind of college is this?
Source: federal IPEDS Admissions 2023 for scores + admit rate; federal College Scorecard (20260606 vintage) for earnings + outcomes. SAT/ACT bands are the 25th–75th percentile of enrolled submitters.
Outcomes & cost
What graduates actually earn, finish, and owe.
Federal College Scorecard data. Earnings are median annual income measured years after entering. Debt is for federal-aid borrowers only (cash-pay students aren't counted).
The real cost
What New Mexico Institute of Mining and Technology actually costs
Which side your family lands on isn't set by any national income line — it's set by New Mexico Institute of Mining and Technology's own aid decision: the gap between its price and your family's finances.
Your odds + estimated cost across your whole college list, side by side.
The payoffTen years of typical graduate pay minus four years of cost — how many dollars ahead a typical graduate runs by year ten. Check both the full-price and with-aid versions to see which applies to you; median pay reflects who a college admits and what they study as much as the college itself., both ways
+$665K ahead at full price +$725K with aidSource: College Scorecard (average net price among Title IV first-time, full-time undergraduates who received aid) and each college's published cost of attendance. We don't show the federal net-price-by-income brackets: their categories were fixed in 2008 and never adjusted, and none of the averages is your family's own number — the full story. Payoff = (10-yr median earnings × 10) − (4 years of cost), in dollars — how far ahead a typical graduate runs by year ten; medians travel with the students a college admits and the majors they choose as much as with the college itself. Full price is the published cost of attendance, largely in-state for publics; earnings are 10 years after enrollment, all majors combined.
What students study here
Most popular majors at New Mexico Institute of Mining and Technology
Top 5 fields of study by bachelor's degrees awarded (most recent IPEDS Completions). Use this to see what New Mexico Institute of Mining and Technology actually graduates — not just what it markets.
What those majors earn here
Median earnings 4 years after entry, by major — New Mexico Institute of Mining and Technology's own graduates, not national averages.
| Major (CIP) | 4-yr earnings |
|---|---|
| Electrical, Electronics, and Communications Engineering. | $117,813 |
| Mechanical Engineering. | $98,213 |
| Computer and Information Sciences, General. | $95,750 |
| Petroleum Engineering. | $95,234 |
| Chemical Engineering. | $85,900 |
| Biology, General. | $48,211 |
Sources: IPEDS Completions (C2023_a; bachelor's-level first majors, 2-digit CIP family — share is of the top 5 only) · College Scorecard program-level outcomes (PP-FOS). Full college-vs-major comparison: /college-outcomes →
Student body & economic mobility
Who attends here — and what the campus adds.
Opportunity Insights data. It measures two things at once: how many lower-income students a college enrols, and how many of them reach the top earnings quintile later. A high rate says the college does both — it does not establish that the campus caused the earnings, because the students it admits differ from the students it doesn't. Read it as a signal about access and destination, not as proof of value added.
Full leaderboards: /college-mobility →
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At a glance
JSON · Using this page with an AI assistantNew Mexico Institute of Mining and Technology is a public four-year college in NM. It admitted 54% of applicants (1,112 applied, 2023). Test policy: Required.
Middle 50% of enrolled first-years who submitted that test: SAT 1040–1290, ACT 20–28.
Cost: about $9,873 a year on average with aid, $24,967 a year at full price for in-state students.
Median earnings ten years after entry: $76,489 a year. Payoff, meaning ten years of that pay minus four years of cost: $725,398 ahead with aid, $665,022 ahead at full price.
Highest median earnings four years after the degree, by program: Electrical, Electronics, and Communications Engineering ($117,813); Mechanical Engineering ($98,213); Computer and Information Sciences, General ($95,750).
Economic mobility (Opportunity Insights): 8% of students came from families in the bottom fifth of income, and 48% of those reached the top fifth as adults.
Machine-readable version of this page: https://highschoolreach.com/colleges/new-mexico-institute-of-mining-and-technology.json