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Mining Engineering Degree in Waukegan, IL — Salary & ROI 2026

Mining Engineering degree analysis for Waukegan, IL. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$45K

COL-adjusted

Mid-Career

$99K

COL-adjusted

ROI Payback

8.6 yrs

in Waukegan

Cost of Living

90.3

index (100 = avg)

Mining Engineering in Waukegan, IL Overview

While Waukegan has a smaller college scene with 4 institutions, Mining Engineering students benefit from the close-knit academic community. Room and board averages $13,641/year, and the car-friendly layout shapes the student experience. Mining Engineering enrollment is stable nationwide, with steady demand for graduates skilled in Mine Design and Explosives. The adjusted starting salary in Waukegan is approximately $45,150, growing to $99,330 by mid-career.

Category

Engineering

Local Colleges

4

Public Tuition

$15,400/yr

Private Tuition

$38,000/yr

Room & Board

$13,641/yr

Avg Fin. Aid

$13,734/yr

Unemployment

5.1%

Graduation Rate

74%

Mining Engineering Salary in Waukegan (COL-Adjusted)

Salaries adjusted for Waukegan's cost of living index of 90.3 (national average = 100).

Entry Level (0-2 yrs)
$45,150($-4,850 vs national)
Mid Career (5-9 yrs)
$99,330($-10,670 vs national)
Senior Level (15+ yrs)
$121,905($-13,095 vs national)

Note: National average Mining Engineering salary: $50,000 starting, $110,000 mid-career, $135,000 senior level.Waukegan adjustment factor: 0.90x based on the local cost of living index.

Mining Engineering ROI Calculator for Waukegan

Estimate your return on investment for a Mining Engineering degree using local Waukegan tuition and cost of living data.

Public avg: $15,400 | Private avg: $38,000

Waukegan avg aid: $13,734/yr

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$116,164

tuition + room & board - aid

Annual Earnings Premium

$13,545

vs HS diploma in Waukegan

ROI Payback Period

8.6 years

to break even

Lifetime Return in Waukegan

$678,476

Lifetime earnings premium ($794,640) minus total education cost ($116,164)

Student Loan Payoff for Mining Engineering in Waukegan

Standard Plan (10 years)

Loan Amount$116,164
Monthly Payment$1,319
Total Interest$42,118
% of Monthly Income35%

Aggressive Plan (5 years)

Loan Amount$116,164
Monthly Payment$2,273
Total Interest$20,209
Interest Savings$21,909

Colleges in Waukegan for Mining Engineering

Waukegan State University

public

$15,619/yr

$62,476 total

Community Colleges (2-Year Transfer)

Waukegan Community College

$4,848/yr

Top Employers for Mining Engineering in Waukegan

Waukegan offers opportunities in Engineering firms, Manufacturing, Defense contractors for Mining Engineering graduates. National top employers in this field include:

Freeport-McMoRanRio TintoBHPNewmontCaterpillar

Key Waukegan Hiring Sectors for Engineering

Engineering firms

Manufacturing

Defense contractors

Energy companies

Construction firms

Common Mining Engineering Job Titles

Mining EngineerMine ManagerGeological Engineer

Mining Engineering Degree in Waukegan — 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 Waukegan.

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