Is New Mexico Institute of Mining and Technology worth it?
New Mexico Institute of Mining and Technology is a public, four-year institution in Socorro, New Mexico (small town). It awarded 318 degrees and certificates in 2024, most often in mechanical engineering, computer science and electrical and electronics engineering.
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Federal data
Federal context for New Mexico Institute of Mining and Technology
Published by the federal government for federally aided students. It does not say which employers hire graduates.
Median earnings 1 year after
$60,931
Median earnings 4 years after
$85,232
Median earnings 10 years after
$76,489
Average net price
$9,873
Completion rate
57%
Completions (2024)
318
Years to pay back
under 1 year
Students (undergrad)
995
Median earnings after completing, by program
| Program | Credential | Median earnings, 1yr | Median earnings, 4yr | Graduates counted |
|---|---|---|---|---|
| Mechanical Engineering | Bachelor's | $57,424 | $98,213 | 56 |
| Chemical Engineering | Bachelor's | $57,215 | $85,900 | 24 |
| Electrical, Electronics, and Communications Engineering | Bachelor's | $73,300 | $117,813 | 18 |
| Mechanical Engineering | Master's | $92,541 | N/A | 17 |
| Petroleum Engineering | Bachelor's | $42,325 | $95,234 | 16 |
| Natural Resources Conservation and Research | Bachelor's | N/A | N/A | N/A |
| Computer and Information Sciences, General | Bachelor's | N/A | $95,750 | N/A |
| Computer and Information Sciences, General | Master's | N/A | N/A | N/A |
| Computer and Information Sciences, General | Doctoral | N/A | N/A | N/A |
| Information Science/Studies | Bachelor's | N/A | N/A | N/A |
| Computer Science | Bachelor's | N/A | N/A | N/A |
| Computer Science | Master's | N/A | N/A | N/A |
| Computer Science | Doctoral | N/A | N/A | N/A |
| Teacher Education and Professional Development, Specific Levels and Methods | Graduate certificate | N/A | N/A | N/A |
| Teacher Education and Professional Development, Specific Subject Areas | Master's | N/A | $70,333 | N/A |
Source: College Scorecard, June 2026 release, and IPEDS. Earnings cover federally aided students only, so they do not cover every graduate.
Awards conferred, by program
| Program | Award level | Awards |
|---|---|---|
| Mechanical Engineering | Bachelor's | 65 |
| Electrical and Electronics Engineering | Bachelor's | 23 |
| Computer Science | Bachelor's | 22 |
| Mechanical Engineering | Master's | 13 |
| Mining and Mineral Engineering | Master's | 13 |
| Physics, General | Bachelor's | 11 |
| Biology/Biological Sciences, General | Bachelor's | 10 |
| Mathematics, General | Bachelor's | 10 |
| Science Teacher Education/General Science Teacher Education | Master's | 9 |
| Chemical Engineering | Bachelor's | 9 |
Federal view: Census PSEO, most recent federal cohort, one year after completion
| Industry | Share of graduates | Graduates counted |
|---|---|---|
| Professional, Scientific, and Technical Services | 31% | 671 |
| Educational Services | 13% | 286 |
| Manufacturing | 11% | 242 |
| Mining, Quarrying, and Oil and Gas Extraction | 8% | 179 |
| Health Care and Social Assistance | 6% | 125 |
| Construction | 4% | 95 |
| Administrative and Support and Waste Management and Remediation Services | 4% | 94 |
| Public Administration | 4% | 87 |
Similar schools
Other public four year schools in New Mexico
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completion rate
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completions
Graduate data being added
See the pageNavajo Technical University
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completion rate
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completions
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See the pageInstitute of American Indian and Alaska Native Culture and Arts Development
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completions
Graduate data being added
See the pageFor school staff
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Sources: federal figures for New Mexico Institute of Mining and Technology. Federal figures from College Scorecard and IPEDS. Occupation pay from Bureau of Labor Statistics OEWS for New Mexico. Counts under 10 are not published.
Updated September 18, 2026 · Methodology · Report a problem with this page