2023 Best Value Colleges for Mining Engineering (Income $30-$48k) in the Rocky Mountains Region

When it comes to choosing a college, students have a lot of options - but not all of them are good. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Mining Engineering Schools in the Rocky Mountains Region For Those Making $30-$48k” ranking.

Mining Engineering is the 306th most popular major in the country with 314 degrees awarded in 2020-2021. In 2019-2020, mining engineering graduates who were awarded their degree in 2017-2019, earned an average of $69,426 and had an average of $26,873 in loans still to pay off.

Across the Rocky Mountains region, there were 70 mining engineering graduates with average earnings and debt of $69,334 and $25,500 respectively.

This year’s “Best Value Mining Engineering Schools in the Rocky Mountains Region For Those Making $30-$48k” ranking analyzed 2 colleges that offered a degree in mining engineering. This ranking identifies schools with high-quality mining engineering programs that also have a lower cost than schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the mining engineering program at the school and the cost to attend the school once aid has been awarded. For more information, check out our ranking methodology.

One Size Does Not Fit All

The mining engineering school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Mining Engineering Schools in the Rocky Mountains Region For Those Making $30-$48k”.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value Mining Engineering Schools in the Rocky Mountains Region For Those Making $30-$48k

The following schools top our list of the Best Best Value Mining Engineering Schools in the Rocky Mountains Region For Those Making $30-$48k.

Top 2 Best Value Colleges for Mining Engineering (Income $30-$48k) in the Rocky Mountains Region

1

Colorado School of Mines
Golden, Colorado

#1 in overall quality

$13,690 Average Net Price

$72,191 Average Early-Career Earnings

Out of the 2 schools in the Best Value Mining Engineering Schools in the Rocky Mountains Region For Those Making $30-$48k that were part of this year’s ranking, Colorado School of Mines landed the #1 spot on the list. Mines is a medium-sized public school situated in Golden, Colorado. It awarded 41 ’s mining engineering degrees in 2020-2021.

In addition to being on our rocky mountains region mining engineering students whose families make $30-$48k list, Mines has also earned the #1 rank in our “Best Mining Engineering Schools in the Rocky Mountains Region” ranking. The estimated yearly cost for Colorado School of Mines is $13,690 for rocky mountains region mining engineering students whose families make $30-$48k.

The school has an excellent freshman retention rate of 92%, which means students like the school well enough to return for a second year. The low undergrad student loan default rate of 0.7% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Full Colorado School of Mines Mining Engineering Report

2

Montana Technological University
Butte, Montana

#2 in overall quality

$11,712 Average Net Price

$63,042 Average Early-Career Earnings

You’ll be in good company if you decide to attend Montana Technological University. It ranked #2 on our 2023 Best Value Mining Engineering Schools in the Rocky Mountains Region For Those Making $30-$48k list. Montana Tech is a small school located in Butte, Montana that handed out 21 ’s mining engineering degrees in 2020-2021.

Montana Tech did well in our major quality rankings, too. It placed #2 on our “Best Mining Engineering Schools in the Rocky Mountains Region” list. It costs about $11,712 for Rocky Mountains Region Mining Engineering students whose families make $30-$48k per year to attend Montana Tech.

Read more about Mining Engineering at Montana Technological University

• Best Value Colleges for Mining Engineering (Income $30-$48k)

Notes and References

References

• The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
• Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
• Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

Read more about our data sources and methodologies

Footnotes

• *Average salary, average net price, and average tuition and fees are for the top schools only.
• Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.

Credits

• Credit for the banner image above goes to Alastair Rae.