Bachelor's · Socorro, New Mexico

Is Electrical, Electronics, and Communications Engineering at New Mexico Institute of Mining and Technology worth it?

Low confidence Low confidence: fewer than 40 graduates behind the earnings figures.

The verdict · all families, in-state, half paid with loans

Pays back fast: graduates typically recover the cost in about 2 years.

Earnings 1 year after graduating: $78,617; Treasury AY2020-21, AY2021-22 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars
Earnings 4 years after graduating: $126,545; Treasury AY2017-2018, AY2018-2019 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars
Typical federal debt at graduation: Not enough borrowers to report; NSLDS pooled AY2022-23, AY2023-24 cohort
Net cost to graduate, all families: $88k (likely $88k – $121k); AcadYr 2024-25, reported in IPEDS DCY2025-26
Earnings bump, year 4: $93k a year vs high-school graduates aged 25–34 in NM; 2023 ACS 5-year pooled, adjusted to 2024 dollars
Payback: 2 years (likely 1.5–2.7); Bump vs net cost plus loan interest
10-year net return: $634k (likely $408k – $914k); Today's dollars
20-year net return: $1.71M (likely $1.24M – $2.35M); Today's dollars
Odds of finishing (school-wide): 55%; Fall 2019 or AcadYr 2019-20 cohort (differs by institutional calendar), reported in IPEDS DCY2025-26