New Mexico Institute of Mining and Technology Cost, Tuition and Student Budget Profile

New Mexico Institute of Mining and Technology is listed in the university cost database for Socorro, NM. This page summarizes tuition, total cost, net price, median earnings, graduation outcomes, student debt, and affordability signals for budget-focused comparison.

Socorro, NM · Public

New Mexico Institute of Mining and Technology

New Mexico Institute of Mining and Technology cost profile summarizes tuition, total annual cost, average net price, student debt, median earnings, graduation outcomes, and value signals for budget-focused university comparison.

Budget Snapshot Strong value signal Value Score: 3.06
Total Cost$24,967
Net Price$9,873
Median Earnings$76,489
Graduation Rate57.1%
Median Debt$11,057
Admission Rate44.5%
Student Count995
SAT Average1,207

University Cost and Earnings View

Money Profile

Median earnings$76,489Total cost$24,967Net price$9,873Median debt$11,057

Value Score Comparison

New Mexico Institute of…3.06Dataset avg1.52NM avg1.92
Median earnings37% better than dataset average
$76,489
Total annual cost42% better than dataset average
$24,967
Average net price54% better than dataset average
$9,873
Graduation rate0.2 percentage points better than dataset average
57.1%
Median debt32% better than dataset average
$11,057

How This University Cost Compares

Dataset Average

Value Score: 1.52

Net Price: $21,437

Earnings: $55,928

NM Average

Value Score: 1.92

Net Price: $13,265

Earnings: $46,788

Best Use of This Page

Compare this university against schools with similar location, type, net price, total cost, debt, and earnings. A high value score is useful, but graduation rate and debt should be read together with it.

Student Fit Signals

  • Affordability: Net price is $9,873, compared with reported total cost of $24,967.
  • Outcomes: Median earnings are $76,489 and the graduation rate is 57.1%.
  • Debt pressure: Median debt is $11,057, while the loan share is 31.2%.
  • Access profile: Admission rate is 44.5% and Pell Grant share is 29.5%.
Full University Cost Data Snapshot
School TypePublic
LocationSocorro, NM
Admission Rate44.5%
In-State Tuition$9,476
Out-of-State Tuition$27,247
Total Cost$24,967
Net Price$9,873
Median Earnings$76,489
Graduation Rate57.1%
Median Debt$11,057
Pell Grant Share29.5%
Loan Share31.2%
Average Faculty Salary$10,264
Official WebsiteVisit website

Cost Methodology Note

Value score is currently calculated from median earnings relative to reported annual total cost. The page also shows tuition, net price, graduation rate, median debt, admission rate, and student aid indicators so budget decisions are not based on one number alone.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *