New Mexico Institute of Mining and Technology
#1 Best Colleges in New Mexico- Graduation Rate
- 57% C
- About half of students who start complete their degree
- Earnings (10yr)
- $76,489 A
- Top 5% nationally — exceptional earning power
- Net Price
- $9,873 B
- 42% less than the typical college
- Acceptance Rate
- 44% A-
- Selective, but achievable with strong credentials
Bottom line: A B+ overall grade — strong outcomes across the board. 62.5× return on investment — every $1 spent returns $62.5 over 20 years. Ranked #1 in Best Colleges in New Mexico.
Every $1 spent returns $62.5 over 20 years — debt pays back in ~under a year. Net gain: $2,426,870.
What The Data Says
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A B+ overall — outcomes above the typical U.S. college.
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Graduates earn 87% more than the national college median.
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Inventor rate in the top 8% nationally — patents, startups, and new technology flow from its graduates.
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Social mobility rate of 3.99% — an engine of upward economic mobility.
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Every $1 invested returns $62.5 over 20 years — an exceptional return.
Economic Footprint
- Inventor Rate
- 3.8%
- Top 8%
- Patents
- 24
- Linked to graduates
- Patent Citations
- 1
- Downstream influence
Why New Mexico Institute of Mining and Technology Matters
New Mexico Institute of Mining and Technology is a public university in Socorro, NM and its outcomes are not an accident. They are driven by an unusually high rate of inventors and patents, a well-connected, high-opportunity alumni network, and a strong record of moving students up the income ladder. The result: graduates whose earnings land in the top 5% of all U.S. colleges.
Interpretation generated from this school's federal outcomes, research, and mobility data.
Institutional Profile
- Institution Type
- Public University
- Carnegie Class
- Master's University
- Enrollment
- 995
- Setting
- Town
- Designations
- HSI
- Primary Strengths
- Engineering, Computer Science & IT, Physical Sciences, Biology & Biomedical
Why students choose New Mexico Institute of Mining and Technology
CollegeRanker Report Card
Graded on outcomes, against every U.S. college.
Each grade is this school's national percentile on a real outcome — earnings, value, mobility, and more.
How we grade →Admissions
Selective — admits about 44% of applicants, with a middle-50% SAT of 1080–1310. Run your numbers in the admissions predictor below.
Check your odds →Net price + aid
Students pay about $9,873 a year after grants and scholarships — 42% below the typical U.S. college. See net price by family income below.
See cost & aid →Earnings + debt
Graduates earn a median of $76,489 ten years after enrolling — 87% above the typical college, against $19,085 in median debt.
See outcomes →Mobility + social capital
Moves 4.0% of its students from the bottom income fifth to the top — top 4% nationally for mobility. High social capital (1.38 economic connectedness).
See mobility →Overview
With an enrollment of just 995 students, New Mexico Institute of Mining and Technology is a close-knit community that’s particularly well-suited for those passionate about fields like Engineering, Computer Science, and the Physical Sciences. The 44% acceptance rate indicates a selective process, attracting students who are ready to dive deep into their studies. If you’re looking for a place to immerse yourself in technical and scientific disciplines, this school stands out for its commitment to these areas.
Graduates from New Mexico Tech can expect solid earning potential, with a median income of $76,489 a decade after finishing their degrees. That number speaks volumes about the value of the education here, especially considering that many students graduate with a manageable median debt of $19,085. While 30% of students receive Pell Grants, indicating the presence of financial need, the overall affordability of the net price—around $9,873 after aid—makes this institution accessible for a range of students.
When it comes to thriving at New Mexico Tech, students who are self-motivated and have a genuine interest in science and technology tend to excel. The supportive environment, combined with a focus on practical skills, helps students navigate their academic journey effectively. With a graduation rate of 57%, those who stay engaged with their studies are well-positioned for successful careers after graduation.
Rankings
- #1 Best Colleges in New Mexico
- #1 Best Master's Programs in New Mexico
- #1 Best Online Colleges in New Mexico
- #3 Best Colleges in Southwest
- #3 Most Affordable Colleges for Mathematics
- #5 Most Affordable Colleges for Engineering
- #5 Most Affordable Colleges for Physical Sciences
- #5 Most Affordable Colleges for Environmental Science
Can I Get In?
How selective New Mexico Institute of Mining and Technology is — and how your numbers stack up.
Tool
Will I Be Accepted?
Enter your credentials to see your chances at this school.
Academics & Admissions
Is It Hard to Get Into New Mexico Institute of Mining and Technology? Acceptance Rate & Requirements
As a public institution in Socorro, New Mexico, New Mexico Institute of Mining and Technology reviews applications selectively. The acceptance rate runs near 44%. Admitted students typically arrive with an average SAT score near 1,207. The graduation rate is roughly 57%.
- Acceptance Rate
- 44%
- Retention Rate
- 77%
- SAT Average
- 1207
- ACT Midpoint
- 26
- SAT Range
- 1080–1310
- ACT Range
- 20–29
- Full-Time Faculty
- 83%
- Faculty Salary (mo)
- $10,264
- Student–Faculty Ratio
- 9:1
- Diversity Index
- 0.62
- First-Gen Students
- 26%
- Applicants
- 1,220
- Admitted
- 908
Can I Afford It?
What you'll actually pay after grants and aid — not the sticker price.
Cost & Financial Aid
How Much Does It Cost to Attend New Mexico Institute of Mining and Technology? Tuition, Net Price & Aid
Published tuition at New Mexico Institute of Mining and Technology is $27,247, but few families pay that. The number to watch is net price, what students actually pay each year after federal grants and institutional scholarships. Here it averages about $9,873. Students from families earning under $30,000 typically pay closer to $5,136 after need-based grants. The median graduate leaves with about $19,085 in federal student loans.
- In-State Tuition
- $9,476
- Out-of-State
- $27,247
- Avg Net Price
- $9,873
- Median Debt
- $19,085
- Pell Grant Rate
- 30%
- Federal Loan Rate
- 31%
What Families Actually Pay
- Family Income $0–$30K
- $5,136
- Family Income $30K–$48K
- $7,640
- Family Income $48K–$75K
- $10,106
- Family Income $110K+
- $13,464
What Happens After?
Earnings, debt, and where graduates actually land.
Graduate Outcomes
Is New Mexico Institute of Mining and Technology Worth It? Graduate Earnings & ROI
Ten years out, alumni of New Mexico Institute of Mining and Technology earn a median of $76,489, well above the national average for bachelor's degree holders.
- 6 Years After Entry
- $54,530
- 8 Years
- $60,432
- 10 Years
- $76,489
- Debt-to-Earnings
- 0.25x
- Earning > $25K
- 71%
Earnings Trajectory
Graduation by Timeframe
- 100% (81)
- 30%
- 100% (81)
- 30%
- 100% (81)
- 30%
- 100% (81)
- 30%
How New Compares
Dot right of center = above national average.
Net Price by Family Income
What families actually pay after aid, by income bracket.
The Mobility Equation
Mobility = Access x Success. How many low-income students get in, and how many reach the top 20%?
College ROI Calculator
Is New Mexico Institute of Mining and Technology Worth It?
A data-driven look at the return on your educational investment — using real federal data.
Yes — for most students, New Mexico Institute of Mining and Technology delivers a positive return. Over four years, the typical net price is $9,873/year ($39,492 total). Graduates earn $76,489 at ten years, and over a 20-year career we project $2,466,362 in total earnings — a net gain of $2,426,870 (62.5× your investment). The median debt is $19,085, which takes less than a year to pay back at typical earnings. With a 57% graduation rate, the path to that return is well-tested. This is a exceptional ROI compared to national averages.
- Total Cost (4yr)
- $39,492
- Projected 20yr Earnings
- $2,466,362
- Net Return
- $2,426,870
- ROI Multiple
- 62.5×
- Cost Per Year
- $9,873
- Median Debt
- $19,085
- Debt Payback
- Less than 1 yr
- Graduation Rate
- 57%
Does It Change Lives?
Mobility, social capital, and innovation — does it move people up?
Social Mobility
Data: Raj Chetty's Mobility Report Card · 30M+ anonymized tax records
Does New Mexico Institute of Mining and Technology Drive Upward Mobility? Economic Mobility & Low-Income Outcomes
New Mexico Institute of Mining and Technology is a genuine engine of upward mobility. Its mobility rate, the share of students who start in the bottom income quintile and climb to the top, is 3.99%, among the highest in the country. About 8.4% of students come from families in the bottom income quintile. Among bottom-quintile students who attend, roughly 47.7% go on to reach the top of the income ladder. The median family income of students sits near $91,800, a snapshot of the campus's socioeconomic mix.
- Mobility Rate
- 3.99%
- Bottom 20% → Top 20%
- Success Rate
- 47.7%
- If bottom 20% get in
- From Bottom 20%
- 8.4%
- Share of students
- Parent Median Income
- $91,800
Innovation & Knowledge Creation
Patents, inventors, and research influence · Opportunity Insights & Times Higher Education
New Mexico Institute of Mining and Technology produces inventors at an exceptional rate — the top 8% of U.S. colleges, with 24 patents tied to its graduates.
- Inventor Rate
- 3.78%
- Top 8% nationally
- Patents Produced
- 24
- Linked to graduates
- Patent Citations
- 1
- Downstream influence
- Inventors From Low-Income
- 1.75%
- Bottom-20% families
Institutional Finances
Data: NCES IPEDS
- Investment Income
- $-10,489,179
Top Programs
The fields New Mexico Institute of Mining and Technology awards the most degrees in, by share of completions. Each links to its degree guide — with salary, growth, and the schools with the strongest outcomes.
- Engineering 59%
- Computer Science & IT 11%
- Physical Sciences 11%
- Biology & Biomedical 8%
- Mathematics & Statistics 5%
- Humanities 2%
- Psychology 1%
- English & Literature 0%
Top Careers
Where these majors tend to lead — common career paths for New Mexico Institute of Mining and Technology's most popular programs, ranked by median pay with our proprietary scorecard insights.
- C+IT Manager$169,510 · 15% growthAdaptable 52
- B-AI/ML Engineer$156,000 · 23% growthAdaptable 52
- B-Computer Vision Engineer$145,000 · 20% growthAdaptable 52
- CPhysicist$142,850 · 5% growthAdaptable 66
- CAstronomer$142,850 · 4% growthAdaptable 66
- C+Cloud Architect$142,000 · 15% growthAdaptable 52
- B-Site Reliability Engineer$140,000 · 20% growthAdaptable 52
- CSolutions Architect$138,000 · 12% growthAdaptable 52
Frequently Asked Questions
Is It Hard to Get Into New Mexico Institute of Mining and Technology? Acceptance Rate & Requirements
As a public institution in Socorro, New Mexico, New Mexico Institute of Mining and Technology reviews applications selectively. The acceptance rate runs near 44%. Admitted students typically arrive with an average SAT score near 1,207. The graduation rate is roughly 57%.
How Much Does It Cost to Attend New Mexico Institute of Mining and Technology? Tuition, Net Price & Aid
Published tuition at New Mexico Institute of Mining and Technology is $27,247, but few families pay that. The number to watch is net price, what students actually pay each year after federal grants and institutional scholarships. Here it averages about $9,873. Students from families earning under $30,000 typically pay closer to $5,136 after need-based grants. The median graduate leaves with about $19,085 in federal student loans.
Is New Mexico Institute of Mining and Technology Worth It? Graduate Earnings & ROI
Ten years out, alumni of New Mexico Institute of Mining and Technology earn a median of $76,489, well above the national average for bachelor's degree holders.
Does New Mexico Institute of Mining and Technology Drive Upward Mobility? Economic Mobility & Low-Income Outcomes
New Mexico Institute of Mining and Technology is a genuine engine of upward mobility. Its mobility rate, the share of students who start in the bottom income quintile and climb to the top, is 3.99%, among the highest in the country. About 8.4% of students come from families in the bottom income quintile. Among bottom-quintile students who attend, roughly 47.7% go on to reach the top of the income ladder. The median family income of students sits near $91,800, a snapshot of the campus's socioeconomic mix.
How Connected Is New Mexico Institute of Mining and Technology? Social Capital & Cross-Class Networks
Social capital, the web of cross-class friendships that researchers link to long-run upward mobility, runs high at New Mexico Institute of Mining and Technology. Its economic connectedness score is 1.38, where about 1.0 is the national norm. Its friending bias is low (-0.05), a sign that students from different economic backgrounds actually mix rather than self-segregate. Around 7% of students take part in civic and volunteering activity.
Similar Schools
Schools with similar outcomes, selectivity, and student profiles to New Mexico Institute of Mining and Technology.
- Hampden-Sydney CollegeHampden-Sydney, VA · Close peer64% grad $67,640 earn 41% acceptWhy: similar selectivity · similar grad rate · similar size
- Maine Maritime AcademyCastine, ME · Close peer60% grad $89,964 earn 54% acceptWhy: similar selectivity · similar grad rate · similar size
- West Virginia University Institute of TechnologyBeckley, WV · Close peer34% grad $55,939 earn 37% acceptWhy: similar selectivity · similar size · similar net price
- University of Connecticut-Waterbury CampusWaterbury, CT · Close peer56% grad $73,997 earn 87% acceptWhy: similar earnings · similar grad rate · similar size
- Oregon State University-Cascades CampusBend, OR · Close peer54% grad $64,010 earn 63% acceptWhy: similar grad rate
- Pacific Union CollegeAngwin, CA · Strong match55% grad $70,484 earn 47% acceptWhy: similar earnings · similar selectivity · similar grad rate
Social Capital
Data: Opportunity Insights Social Capital Atlas
How Connected Is New Mexico Institute of Mining and Technology? Social Capital & Cross-Class Networks
Social capital, the web of cross-class friendships that researchers link to long-run upward mobility, runs high at New Mexico Institute of Mining and Technology. Its economic connectedness score is 1.38, where about 1.0 is the national norm. Its friending bias is low (-0.05), a sign that students from different economic backgrounds actually mix rather than self-segregate. Around 7% of students take part in civic and volunteering activity.
Research Note