2022 Best Value ME Schools for a Master’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. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value ME Schools for a Master’s in New Mexico For Those Making $0-$30k” ranking.

In 2019-2020, 47,598 people earned their degree in mechanical engineering, making the major the 20th most popular in the United States. 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 master’s degree level specifically, there were 66 mechanical engineering graduates with average earnings and debt of $46,864 and $37,250 respectively.

For this year’s “Best Value ME Schools for a Master’s in New Mexico For Those Making $0-$30k” ranking, we looked at 3 colleges that offer a degree in mechanical engineering. This ranking identifies schools with high-quality mechanical engineering programs that also have a lower cost than 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.

One Size Does Not Fit All

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 Master’s in New Mexico For Those Making $0-$30k” list to help you make the college decision.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

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

The following schools top our list of the Best Best Value ME Schools for a Master’s in New Mexico For Those Making $0-$30k.

Top 3 Best Value Master’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

$25,602 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend New Mexico Institute of Mining and Technology. The school came in at #1 for the Best Value ME Schools for a Master’s in New Mexico For Those Making $0-$30k. New Mexico Institute of Mining and Technology is a small public school situated in Socorro, New Mexico. It awarded 11 masters’s ME degrees in 2019-2020.

New Mexico Tech did well in our major quality rankings, too. It placed #1 on our “Best Mechanical Engineering Master’s Degree Schools in New Mexico” list. Average graduate tuition and fees at New Mexico Institute of Mining and Technology are $25,602, but some majors have different tuition rates.

Full New Mexico Tech Mechanical Engineering Report

#2

New Mexico State University - Main Campus

Las Cruces, New Mexico

#3 in overall quality

$18,275 Avg Grad Tuition & Fees

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 Master’s in New Mexico For Those Making $0-$30k. Located in Las Cruces, New Mexico, this fairly large public school handed out 18 degrees to qualified masters’s ME students in 2019-2020.

NMSU Main Campus also made our “Best Mechanical Engineering Master’s Degree Schools in New Mexico” list, coming in at #3. Average graduate tuition and fees at NMSU Main Campus are $18,275, but you may pay more or less depending on your major.

Read full report on Mechanical Engineering at NMSU Main Campus

#3

University of New Mexico - Main Campus

Albuquerque, New Mexico

#2 in overall quality

$19,890 Avg Grad Tuition & Fees

$94,940 Average Early-Career Earnings

You’ll be in good company if you decide to attend University of New Mexico - Main Campus. It ranked #3 on our 2022 Best Value ME Schools for a Master’s in New Mexico For Those Making $0-$30k list. UNM is a public institution located in Albuquerque, New Mexico. The school has a large population, and it awarded 37 masters’s degrees in 2019-2020.

UNM also took the #2 spot in our “Best Mechanical Engineering Master’s Degree Schools in New Mexico” ranking. Average graduate tuition and fees at UNM are $19,890, but some majors have different tuition rates.

Full UNM Mechanical Engineering Report

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