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One consequence of the remarkable growth rate in the Mexican economy over the past two decades has been an equally remarkable engineering student population explosion, particularly during the decade of the 1960's. The present situation is, however, paradoxical in that the considerable improvement in educational opportunity and participation may well be out-pacing the growth rate which the economy can healthily maintain. This paper discusses the implications of this paradox on future trends and needed controls in educational development. Undergraduate and graduate engineering education, faculty, administration, and the status of engineering research in Mexico are described and discussed.