Mining Engineering Degree in Lakewood, CO — Salary & ROI 2026
Mining Engineering degree analysis for Lakewood, CO. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.
Starting Salary
$53K
COL-adjusted
Mid-Career
$116K
COL-adjusted
ROI Payback
6.9 yrs
in Lakewood
Cost of Living
105.8
index (100 = avg)
Mining Engineering in Lakewood, CO Overview
Lakewood, Colorado (pop. 155,984) has 6 colleges offering Mining Engineering programs. The local cost of living index of 105.8 is near the national average, with average rent near campus at $1,395/month. Mining Engineering enrollment is stable nationwide, with steady demand for graduates skilled in Mine Design and Explosives. The adjusted starting salary in Lakewood is approximately $52,900, growing to $116,380 by mid-career.
Category
Engineering
Local Colleges
6
Public Tuition
$12,200/yr
Private Tuition
$38,000/yr
Room & Board
$15,028/yr
Avg Fin. Aid
$8,371/yr
Unemployment
2.9%
Graduation Rate
73%
Mining Engineering Salary in Lakewood (COL-Adjusted)
Salaries adjusted for Lakewood's cost of living index of 105.8 (national average = 100).
Note: National average Mining Engineering salary: $50,000 starting, $110,000 mid-career, $135,000 senior level.Lakewood adjustment factor: 1.06x based on the local cost of living index.
Mining Engineering ROI Calculator for Lakewood
Estimate your return on investment for a Mining Engineering degree using local Lakewood tuition and cost of living data.
Public avg: $12,200 | Private avg: $38,000
Lakewood avg aid: $8,371/yr
Federal avg: 6.5% | Private: 4-14%
Total Education Cost
$108,912
tuition + room & board - aid
Annual Earnings Premium
$15,870
vs HS diploma in Lakewood
ROI Payback Period
6.9 years
to break even
Lifetime Return in Lakewood
$822,128
Lifetime earnings premium ($931,040) minus total education cost ($108,912)
Student Loan Payoff for Mining Engineering in Lakewood
Standard Plan (10 years)
Aggressive Plan (5 years)
Colleges in Lakewood for Mining Engineering
Lakewood State University
public
$11,245/yr
$44,980 total
University of Lakewood
public
$12,683/yr
$50,732 total
Community Colleges (2-Year Transfer)
Lakewood Community College
$5,959/yr
Top Employers for Mining Engineering in Lakewood
Lakewood offers opportunities in Engineering firms, Manufacturing, Defense contractors for Mining Engineering graduates. National top employers in this field include:
Key Lakewood Hiring Sectors for Engineering
Engineering firms
Manufacturing
Defense contractors
Energy companies
Construction firms
Common Mining Engineering Job Titles
Mining Engineering in Nearby Colorado Cities
Denver, CO
$64K starting · COL 128
31 colleges
Colorado Springs, CO
$61K starting · COL 122
22 colleges
Aurora, CO
$56K starting · COL 111
28 colleges
Fort Collins, CO
$63K starting · COL 126
5 colleges
Thornton, CO
$51K starting · COL 102.5
6 colleges
Arvada, CO
$53K starting · COL 105.5
5 colleges
Westminster, CO
$52K starting · COL 103.8
5 colleges
Pueblo, CO
$61K starting · COL 122
13 colleges
Other Engineering Majors in Lakewood
Petroleum Engineering
$53K starting · 2.5 yr ROI
Computer Engineering
$53K starting · 3 yr ROI
Chemical Engineering
$87K starting · 3.2 yr ROI
Nuclear Engineering
$53K starting · 3.3 yr ROI
Electrical Engineering
$85K starting · 3.3 yr ROI
Aerospace Engineering
$85K starting · 3.5 yr ROI
Mechanical Engineering
$83K starting · 3.5 yr ROI
Architectural Engineering
$83K starting · 2.5 yr ROI
Methodology & Education Data Sources
How we calculate Mining Engineering degree outcomes in Lakewood, CO: Our salary projections, ROI estimates, and tuition data combine multiple federal datasets to provide a localized view of education economics. We use a 10-year career-trajectory model standard in higher education research.
- Tuition data sourced from IPEDS (Integrated Postsecondary Education Data System), the federal education statistics database operated by NCES. Average tuition for Mining Engineering programs reflects 4-year public/private weighted averages for Colorado.
- Career salary projections based on BLS Occupational Employment and Wage Statistics, with cost-of-living adjustments for Lakewood using regional CPI data.
- 10-year ROI calculates: (Total Career Earnings With Degree) − (Total Career Earnings Without Degree) − (Total Education Cost Including Interest on Loans).
- Job market outlook for Mining Engineering graduates uses BLS Occupational Outlook Handbook 10-year projections (2024-2034 base period).
- Default rates and loan data sourced from College Scorecard (US Department of Education), which tracks repayment outcomes by institution.
Authoritative US education data sources:
- IPEDS — Integrated Postsecondary Education Data — official federal college data
- College Scorecard (US Dept of Education) — earnings, debt, completion rates
- BLS Occupational Outlook Handbook — Mining Engineering career projections
- Federal Student Aid (FAFSA) — official US student loan and grant info
- NCES Digest of Education Statistics — comprehensive education data
- BLS Occupational Employment and Wages — entry-level salary data for Mining Engineering grads
Education Disclaimer: Salary and ROI estimates are projections based on national and state-level averages. Individual outcomes depend on institution prestige, GPA, internships, location, network, and economic conditions. Always verify current tuition with the institution directly, and consult a financial aid counselor before taking on student loans. Use the Federal Loan Simulator to model repayment scenarios.
Reviewed by Brazora Monk · Last updated 2026 · IPEDS & BLS data current as of latest annual release
Financial Aid Resources for Lakewood Students
Beyond federal aid (FAFSA), Colorado students have access to state-specific grants, scholarships, and tuition assistance programs. The 2026-27 FAFSA also added a new Low Earnings Indicator (Dec 2025) flagging programs where graduates earn less than non-college peers — check your target school's status:
Pell Grant up to $7,395/yr (2026-27). Subsidized loans at 6.53% (academic year 25-26):
State-specific grants stack with federal aid:
- • USA.gov — Colorado programs
- • NASFAA — State Aid Programs
- • Search "colorado higher education commission grants"
Verify earnings + debt before enrolling:
- • College Scorecard — earnings, debt, completion
- • NCES College Navigator
- • IPEDS Net Price Calculator Center
Free, official, scam-free scholarship databases:
2026-27 FAFSA tip: The new Low Earnings Indicator flags programs where graduates earn less than non-graduates. Check this before enrolling. Speak with a NASFAA-credentialed financial aid counselor at your target school.
Mining Engineering Degree in Lakewood — FAQ
Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.
Explore More
Compare Mining Engineering ROI in other cities, or explore other majors in Lakewood.