Mar–Jul 2026 retrievals College Scorecard official source

Affordable Alternatives to New Mexico Institute of Mining and Technology

Open-data reference.

We found 10 schools structurally similar to New Mexico Institute of Mining and Technology that cost less. 1 offer comparable or better earnings outcomes.

Your School

New Mexico Institute of Mining and Technology

Socorro, New Mexico · Public

$9,873
Net Price
$76,489
Median Earnings (10yr)
44.5%
Acceptance Rate
56.8%
150%-Time Completion

What the IPEDS & College Scorecard Data Shows for Alternatives to New Mexico Institute of Mining and Technology

New Mexico Institute of Mining and Technology posts an average net price of $9,873 after grants and scholarships, the IPEDS-derived figure used to anchor this alternatives search. We screened institutions in the Integrated Postsecondary Education Data System for colleges that report a lower net price and share structural similarity with New Mexico Institute of Mining and Technology across six dimensions – ownership sector, Carnegie classification, undergraduate enrollment, admission rate, former-student earnings, and completion rate. 10 institutions cleared a 40-percent similarity threshold.

The maximum possible savings across this list is $6,889, achieved by CUNY Hunter College at $2,984. Of greater interest to ROI-focused applicants: 1 of the 10 alternatives also report median 10-year earnings at or above New Mexico Institute of Mining and Technology’s $76,489, meaning lower cost is not paired with lower earnings. The mean median-earnings figure across alternatives is $63,165.

The similarity scoring gives enrollment size, Carnegie classification, and ownership sector the highest weights as transparent structural matching choices. Admission and completion rates are secondary features, while net price determines which lower-cost matches appear. Net price is the average cost of attendance minus grant and scholarship aid for full-time, first-time undergraduate Title IV recipients; it describes that source cohort, not the aid a typical admitted student or any individual family will receive. It is more informative than sticker tuition for that cohort but is not a personalized quote.

Similar Schools That Cost Less

10
Alternatives Found
$6,889
Max Savings
1
Better Value Options
56%
Best Match
Top 5 alternatives by 10-yr earnings Horizontal bar chart of the top 5 items by value (USD). Top 5 alternatives by 10-yr earnings 1. CUNY Bernard M Baruch Colleg $76k 2. California State University- $62k 3. West Virginia University Ins $56k 4. United States Merchant Marin $91k 5. George T Baker Aviation Tech $52k Compared to New Mexico Institute of Mining and Technology:$76k.

Source: U.S. Department of Education, College Scorecard Institution-level earnings + cost-of-attendance file · Institution data retrieved July 2026 Institution earnings use federally aided entry cohorts and are not graduate-only; net price is the cohort average for full-time, first-time undergraduate Title IV recipients.

School Net Price Savings Earnings (10yr) Graduation Similarity
CUNY Bernard M Baruch College
New York, NY · Public
$3,033 -$6,840 $75,971 72.1% 56%
California State University-Channel Islands
Camarillo, CA · Public
$9,849 -$24 $62,152 52.4% 47%
West Virginia University Institute of Technology
Beckley, WV · Public
$9,337 -$536 $55,939 34.5% 47%
United States Merchant Marine Academy
Kings Point, NY · Public Better Value
$6,174 -$3,699 $90,610 81.5% 45%
George T Baker Aviation Technical College
Miami, FL · Public
$7,489 -$2,384 $52,312 29.4% 45%
Potomac State College of West Virginia University
Keyser, WV · Public
$9,197 -$676 $55,939 28.3% 42%
CUNY Hunter College
New York, NY · Public
$2,984 -$6,889 $63,163 58.8% 41%
Ohio University-Chillicothe Campus
Chillicothe, OH · Public
$5,755 -$4,118 $52,581 13.2% 41%
CUNY City College
New York, NY · Public
$3,776 -$6,097 $66,039 55.8% 40%
CUNY York College
Jamaica, NY · Public
$4,456 -$5,417 $56,945 31.3% 40%

How We Match Schools

Our similarity engine compares schools across six dimensions: institution type (Carnegie classification), ownership (public/private), enrollment size, admission selectivity, former-student earnings, and completion rates. Each dimension is weighted by its impact on student outcomes.

Only schools with a lower average net price than New Mexico Institute of Mining and Technology are shown. Schools marked "Better Value" have comparable or higher median earnings at a lower cost.

Data source: U.S. Department of Education College Scorecard. Earnings are median values 10 years after enrollment, drawn from U.S. Treasury tax records. Net price is the average cost after grants and scholarships for first-time, full-time students, as reported through IPEDS.

Frequently Asked Questions

What are cheaper alternatives to New Mexico Institute of Mining and Technology?
We found 10 schools similar to New Mexico Institute of Mining and Technology that cost less. The closest match is CUNY Bernard M Baruch College with 56% similarity and a net price of $3,033.
What is the ROI of attending New Mexico Institute of Mining and Technology?
New Mexico Institute of Mining and Technology has an average net price of $9,873. Former students earn a median of $76,489 ten years after enrollment. The earnings-to-cost ratio is 7.7x.
Are there schools with better outcomes than New Mexico Institute of Mining and Technology for less money?
Yes - 1 of 10 alternatives offer comparable or higher median earnings at a lower net price. United States Merchant Marine Academy costs $6,174 (saving $3,699) with median earnings of $90,610.
What is the cheapest alternative to New Mexico Institute of Mining and Technology?
The most affordable similar school is CUNY Hunter College at $2,984, saving $6,889 compared to New Mexico Institute of Mining and Technology. It has a 41% similarity score.
How do alternative schools' earnings compare?
The 10 alternatives have an average median earnings of $63,165 compared to New Mexico Institute of Mining and Technology's $76,489. While alternatives cost less, their average earnings are also lower. Individual results vary, check the comparison table above.

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Department of Education College Scorecard. Consult a qualified professional before making decisions based on this data.