Covering Innovation & Inequality in Education
This year at New Mexico Institute of Mining and Technology, we project that on average students will pay $10,527, while the advertised price of attendance is $26,589. That’s a difference of $16,062.
| Year | Net in-state price at New Mexico Institute of Mining and Technology | In-state sticker price at New Mexico Institute of Mining and Technology | Out-of-state sticker price at New Mexico Institute of Mining and Technology |
|---|---|---|---|
| 25-26 | $10,527 | $26,589 | $45,188 |
| 24-25 | $10,248 | $25,885 | $43,799 |
| 23-24 | $9,977 | $25,200 | $42,454 |
| 22-23 | $9,133 | $23,068 | $40,322 |
| 21-22 | $10,429 | $21,193 | $37,022 |
| 20-21 | $12,471 | $21,083 | $36,912 |
| 19-20 | $14,834 | $22,930 | $38,298 |
| 18-19 | $14,908 | $22,410 | $36,908 |
| 17-18 | $14,641 | $21,345 | $35,153 |
| 16-17 | $13,741 | $20,765 | $33,915 |
| 15-16 | $13,331 | $20,101 | $32,625 |
| 14-15 | $12,489 | $19,494 | $31,422 |
| 13-14 | $11,789 | $18,762 | $30,121 |
How much a student actually pays usually depends, at least in part, on their family's household income. At New Mexico Institute of Mining and Technology this year, we project students with incomes over $110K will pay around $14,070, while students with incomes below $30K will pay around $4,576. That's a difference of $9,494.
| Income bracket | Projected net price at New Mexico Institute of Mining and Technology |
|---|---|
| <$30K | $4,576 |
| $30K-$48K | $5,840 |
| $48K-$75K | $10,000 |
| $75K-$110K | $13,724 |
| >$110K | $14,070 |
A school’s graduation rate can indicate how likely a student is to complete their degree. At New Mexico Institute of Mining and Technology, over the last five years 54% of students earned their bachelor’s degree within six years of enrolling.
Students from different demographic backgrounds often graduate at different rates, so it can be helpful to look beyond the overall graduation rate. This chart shows how students of different races and ethnicities fare earning their degrees at New Mexico Institute of Mining and Technology.
| Demographic category | Graduation rate at New Mexico Institute of Mining and Technology | National average |
|---|---|---|
| American Indian/Alaska Native | 35% | 31% |
| Asian | 73% | 45% |
| Black | 38% | 34% |
| Hispanic | 52% | 41% |
| Native Hawaiian/Pacific Islander | 0% | 28% |
| White | 55% | 50% |
| Multiple races | 55% | 37% |
| Unknown race | 76% | 37% |
Student retention, or how often students return to continue their degree after completing their first year, is another helpful indicator. Over the last five years, at New Mexico Institute of Mining and Technology, about 77% of full-time students returned the following fall to continue their degree.
The size and demographic makeup of a school’s student body can have a large impact on a student’s experience. New Mexico Institute of Mining and Technology has 2,014 students, which puts it in the {SIZE_PERCENTILE} percentile of public, 4-year schools.
About 65% of students are male.
And about 46% of students are white.