2022 Best Value ME Schools for a Bachelor’s in New Mexico For Those Making $0-$30k

When pursuing a degree in today’s world, students have many different options to choose from. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value ME Schools for a Bachelor’s in New Mexico For Those Making $0-$30k” ranking is part of that endeavor.

Mechanical Engineering is the 20th most popular major in the country with 47,598 degrees awarded in 2019-2020. In 2017-2018, mechanical engineering graduates who were awarded their degree in 2015-2017, earned an average of $64,495 and had an average of $23,104 in loans still to pay off.

Across New Mexico, there were 327 mechanical engineering graduates with average earnings and debt of $58,133 and $21,172 respectively. At the bachelor’s degree level specifically, there were 261 mechanical engineering graduates with average earnings and debt of $36,108 and $24,162 respectively.

This year’s “Best Value ME Schools for a Bachelor’s in New Mexico For Those Making $0-$30k” ranking analyzed 3 colleges that offered a degree in mechanical engineering. Not only do the schools that top this list have excellent mechanical engineering programs, but they also cost less that schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the mechanical engineering program at the school and the cost to attend the school once aid has been awarded. See our ranking methodology to learn more.

More Ways to Rank Mechanical Engineering Schools

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value ME Schools for a Bachelor’s in New Mexico For Those Making $0-$30k” list to help you make the college decision.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value ME Schools for a Bachelor’s in New Mexico For Those Making $0-$30k

The colleges and universities below are the best for new mexico bachelor’s degree me students whose families make $0-$30k.

Top 3 Best Value Bachelor’s Degree Colleges for Mechanical Engineering (Income $0-$30k) in New Mexico

#1

New Mexico Institute of Mining and Technology

Socorro, New Mexico

#1 in overall quality

$10,924 Average Net Price

$62,409 Average Early-Career Earnings

Out of the 3 schools in the Best Value ME Schools for a Bachelor’s in New Mexico For Those Making $0-$30k that were part of this year’s ranking, New Mexico Institute of Mining and Technology landed the #1 spot on the list. This small school is located in Socorro, New Mexico, and it awarded 77 bachelors’s ME degrees in 2019-2020.

As a testament to the quality of education offered at New Mexico Tech, the school also landed the #1 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in New Mexico” ranking. The yearly cost to attend New Mexico Tech is $10,924 for New Mexico Bachelor’s Degree ME students whose families make $0-$30k.

With a student-to-faculty ratio of 8 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Read full report on Mechanical Engineering at New Mexico Tech

#2

New Mexico State University - Main Campus

Las Cruces, New Mexico

#2 in overall quality

$6,896 Average Net Price

$64,990 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend New Mexico State University - Main Campus. The school came in at #2 for the Best Value ME Schools for a Bachelor’s in New Mexico For Those Making $0-$30k. New Mexico State University - Main Campus is a public institution located in Las Cruces, New Mexico. The school has a fairly large population, and it awarded 109 bachelors’s degrees in 2019-2020.

In addition to being on our new mexico bachelor’s degree me students whose families make $0-$30k list, NMSU Main Campus has also earned the #2 rank in our “Best Mechanical Engineering Bachelor’s Degree Schools in New Mexico” ranking. The estimated yearly cost for New Mexico State University - Main Campus is $6,896 for new mexico bachelor’s degree me students whose families make $0-$30k.

Read full report on Mechanical Engineering at New Mexico State University - Main Campus

#3

University of New Mexico - Main Campus

Albuquerque, New Mexico

#3 in overall quality

$13,242 Average Net Price

$62,463 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend University of New Mexico - Main Campus. The school came in at #3 for the Best Value ME Schools for a Bachelor’s in New Mexico For Those Making $0-$30k. UNM is located in Albuquerque, New Mexico and, has a large student population. In 2019-2020, this school awarded 75 bachelors’s ME degrees to qualified students.

UNM not only placed well in this ranking. It is also #3 on our “Best Mechanical Engineering Bachelor’s Degree Schools in New Mexico” list. The estimated yearly cost for UNM is $13,242 for new mexico bachelor’s degree me students whose families make $0-$30k.

Full UNM Mechanical Engineering Report

• Best Value Bachelor’s Degree Colleges for Mechanical Engineering (Income $0-$30k) in the Southwest Region
• Best Value Bachelor’s Degree Colleges for Mechanical Engineering (Income $0-$30k)

Notes and References

References

• The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
• Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
• Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

Read more about our data sources and methodologies

Footnotes

• *Average salary, average net price, and average tuition and fees are for the top schools only.
• Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.

Credits

• Credit for the banner image above goes to Michel Villeneuve.

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