2022 Best Value ME Schools in New Mexico For Those Making $0-$30k

With all of the options students have for higher education today, it can be tough to choose which direction to take. 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 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.

For this year’s “Best Value ME Schools 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.

Some of the factors we look at when determining these rankings are overall quality of the mechanical engineering program at the school and the cost of the school after aid is awarded among other things. Check out our ranking methodology for more information.

One Size Does Not Fit All

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value ME Schools in New Mexico For Those Making $0-$30k” list, to help you choose the best school for you.

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 in New Mexico For Those Making $0-$30k

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

Top 3 Best Value 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

$53,600 Average Early-Career Earnings

Out of the 3 schools in the Best Value ME Schools 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. New Mexico Institute of Mining and Technology is a public institution located in Socorro, New Mexico. The school has a small population, and it awarded 88 ’s degrees in 2019-2020.

New Mexico Tech not only placed well in this ranking. It is also #1 on our “Best Mechanical Engineering Schools in New Mexico” list. The yearly cost to attend New Mexico Institute of Mining and Technology is $10,924 for new mexico me students whose families make $0-$30k.

The impressive student-to-faculty ratio of 8 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.

Full New Mexico Tech Mechanical Engineering Report

#2

New Mexico State University - Main Campus

Las Cruces, New Mexico

#2 in overall quality

$6,896 Average Net Price

$34,757 Average Early-Career Earnings

You’ll be in good company if you decide to attend New Mexico State University - Main Campus. It ranked #2 on our 2022 Best Value ME Schools in New Mexico For Those Making $0-$30k list. NMSU Main Campus is located in Las Cruces, New Mexico and, has a fairly large student population. In 2019-2020, this school awarded 127 ’s ME degrees to qualified students.

NMSU Main Campus did well in our major quality rankings, too. It placed #2 on our “Best Mechanical Engineering Schools in New Mexico” list. The yearly cost to attend NMSU Main Campus is $6,896 for new mexico me students whose families make $0-$30k.

Read full report on Mechanical Engineering at NMSU Main Campus

#3

University of New Mexico - Main Campus

Albuquerque, New Mexico

#3 in overall quality

$13,242 Average Net Price

$41,938 Average Early-Career Earnings

Out of the 3 schools in the Best Value ME Schools in New Mexico For Those Making $0-$30k that were part of this year’s ranking, University of New Mexico - Main Campus landed the #3 spot on the list. UNM is a large public school situated in Albuquerque, New Mexico. It awarded 112 ’s ME degrees in 2019-2020.

UNM also made our “Best Mechanical Engineering Schools in New Mexico” list, coming in at #3. The estimated yearly cost for University of New Mexico - Main Campus is $13,242 for New Mexico ME students whose families make $0-$30k.

Read more about Mechanical Engineering at UNM

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