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Colorado School of Mines — ROI, Cost & Payback

Public · Golden, CO · 6,155 students

The verdict

Colorado School of Mines charges a net price of $28,690/yr after aid — a 4-year total of $114,760. Graduates earn a median $97,335 ten years after entry, $48,975/yr above the $48,360 high-school baseline, clearing the total in 2.3 years — a 20-year net return of $864,740, a strong payback — the degree clears its cost fast. (Scorecard, 2026 · our math.)

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Colorado School of Mines's 2.3-year payback ranks #106 of 1,280 US colleges we track — better ROI than 92% of them, and #2 of 50 in Colorado.

Better ROI than 92% of US colleges#106 of 1,280
Weakest ROIStrongest ROI
$28,690
Net price / yr
Scorecard, 2026
$97,335
Median earnings, 10 yrs
Scorecard, 2026
2.3 yrs
Payback
Our math, 2026
61%
Admission rate
Scorecard, 2026
Colorado School of Mines: cost, earnings and payback
MeasureValueSource
Net price (after aid)$28,690/yrScorecard, 2026
Total net cost (4 yrs)$114,760our math
Median earnings, 10 yrs after entry$97,335Scorecard, 2026
Earnings premium over HS baseline$48,975/yrour math
Median debt (completers)$23,000Scorecard, 2026
Payback2.3 yrsour math
20-year net return$864,740our math

College Scorecard (2026 release), institution-level · payback and returns are our math.

How we compute this. Payback = total net cost ÷ annual earnings premium, where the premium is median earnings 10 years after entry minus the $48,360 baseline (BLS 2024 median for a high-school-diploma worker 25+). Total net cost = net price × 4 years. We do not discount future dollars. The institution-wide earnings figure blends every major — a specific program's payback can be far better or worse. Full method on the methodology page.

Colorado School of Mines: frequently asked questions

Is Colorado School of Mines worth the cost?
On the numbers, yes. Colorado School of Mines charges $28,690/yr after aid ($114,760 over 4 years), and graduates earn a median $97,335 ten years out — $48,975/yr above the $48,360 high-school baseline. That clears the cost in 2.3 years and returns $864,740 net over 20 years, a strong payback — the degree clears its cost fast.
How long does a Colorado School of Mines degree take to pay off?
About 2.3 years. We divide the $114,760 four-year net cost by the $48,975/yr earnings premium over the high-school baseline. It is a floor, not a ceiling — mid-career raises pay it back faster.
How much does Colorado School of Mines cost after financial aid?
The median net price is $28,690/yr — about $114,760 over 4 years. That is what the typical aided student actually pays after grants and scholarships, not the published sticker price.
How does Colorado School of Mines compare to other Colorado colleges?
It ranks #2 of 50 Colorado colleges we track by payback. Its $97,335 median earnings beat the national median of $43,552, and its $28,690 net price is above the national median of $16,906.