← All outcomesPROGRAM-CATEGORY PAYOFF

Mechanical Engineering bachelor's degree outcomes at New Mexico Institute of Mining and Technology

Socorro, NM · Public · Federal field 1419

Data scope

Federal records group outcomes by college, four-digit field and credential level. A record may cover several catalog programs or concentrations.

The short version

Reported earnings are close to the same-degree benchmark.

$6,078 above the national median for the same field and credential.

Debt pressure
19.9% of annual earnings
Positive-payoff price ceiling
$88,033 / year
10-year scenario
+142% · Strong payoff
Price evidence
College-wide context only
OUTCOME SIGNALS

Graduate outcomes from several angles.

Follow earnings over time and inspect the cohort behind each federal measure.

+76%Earnings growth, year 1 → 5$57,424$100,852
Earn above high-school thresholdGraduate count in the year-4 cohort
19Working in the college’s stateGraduate count in the year-4 cohort
35Year-5 earnings observationsCohort behind the year-5 median
55Borrowers representedCohort behind the debt median
Not availableAwarding-school debtDebt attributed to the college granting the credential
0Recent awardsIPEDS 2023–24 first-major completions in this field and credential
01 · PRICE CONTEXT$9,873

Institution-wide annual average net price—not this program’s price.

02 · BORROWING$19,500

Median federal debt across schools attended at this academic level.

03 · EARNINGS$98,213

Observed median earnings four full years after completion.

04 · REPAYMENT$207/mo

Estimated standard 10-year federal payment.

WHAT WILL IT COST?

Published college costs provide the starting point.

Your exact offering, aid, residency and time to finish determine the price you actually pay.

Enter my price →
AVERAGE NET PRICE$9,873Institution-wide annual figure
COST OF ATTENDANCE$24,967Institution-wide annual budget
ADMISSION RATE44.5%Institution context
COMPLETION RATE57.0%Institution-wide completion rate
WHAT DO GRADUATES EARN?

Reported earnings after completion.

Each point may represent a different federal cohort. A missing bar means the figure was unavailable or suppressed.

$57,424Year 1
$98,213Year 4
$100,852Year 5
CAN THE EARNINGS SUPPORT THE DEBT?

2.5% of gross monthly earnings

Estimated monthly payment divided by observed gross monthly earnings. This excludes taxes, other debts and income-driven repayment.

Gross monthly earnings$8,184
Estimated loan payment$207
55borrowers represented where reported
HOW DOES IT COMPARE?

$98,213 vs. $92,135

$6,078 above the national median for the same field and credential.

Same-field national median
WHAT WORK CAN IT LEAD TO?

Related occupations, wages and outlook.

Official CIP–SOC links show careers the curriculum may prepare students for—not observed jobs held by this school’s graduates. BLS wages describe everyone working in an occupation.

BLS May 2025 wage estimates and 2025–35 employment projections.
Architectural and Engineering Managers$215,120 median wageNM estimate · 2,270 jobs · 11-9041+5.5% projected U.S. growth · 14.9k openings/yrTypical entry: Bachelor's degreeMechanical Engineers$157,710 median wageNM estimate · 2,710 jobs · 17-2141+11.2% projected U.S. growth · 17.8k openings/yrTypical entry: Bachelor's degreeAerospace Engineers$132,850 median wageNM estimate · 570 jobs · 17-2011+8.3% projected U.S. growth · 3.8k openings/yrTypical entry: Bachelor's degreeEngineering Teachers, Postsecondary$105,410 median wageNM estimate · 290 jobs · 25-1032+7.8% projected U.S. growth · 3.9k openings/yrTypical entry: Doctoral or professional degreeCost Estimators$67,590 median wageNM estimate · 900 jobs · 13-1051-3.1% projected U.S. growth · 17.6k openings/yrTypical entry: Bachelor's degree
Possible alternatives

Same degree, stronger on at least one reported measure.

Every option below reports higher earnings, lower federal debt or a lower college-wide net price. Same-state options appear first.

Las Cruces, NM

New Mexico State University-Main Campus

$741 less debt · $984 lower annual net price

Earnings
$85,742
Debt
$18,759
Annual net price
$8,889
View outcomes →
Albuquerque, NM

University of New Mexico-Main Campus

$2,486 less debt

Earnings
$94,990
Debt
$17,014
Annual net price
$15,489
View outcomes →
Northridge, CA

California State University, Northridge

$1,003 higher earnings · $1,500 less debt · $2,852 lower annual net price

Earnings
$99,216
Debt
$18,000
Annual net price
$7,021
View outcomes →
Cambridge, MA

Massachusetts Institute of Technology

$33,754 higher earnings · $8,166 less debt

Earnings
$131,967
Debt
$11,334
Annual net price
$20,111
View outcomes →
Compare these programs →
DATA QUALITY

Check the evidence behind the estimate.

35 observations in the earnings cohort

June 10, 2026 College Scorecard release

Observed, estimated and contextual figures are labeled separately throughout this page

IS IT WORTH IT AT YOUR PRICE?

Your price and current earnings determine the result.

Add your grants, borrowing and current salary to estimate payment pressure, break-even time and ten-year payoff.

Calculate my payoff →