2022 Best Value Bachelor’s Degree Colleges for Mechanical Engineering (Income $30-$48k) in New Mexico

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 $30-$48k” 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 $30-$48k” ranking looked at 3 colleges that offer degrees in a bachelor’s 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.

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. For more information, check out our ranking methodology.

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 for a Bachelor’s in New Mexico For Those Making $30-$48k” list, to help you choose the best school for you.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Best Value ME Schools for a Bachelor’s in New Mexico For Those Making $30-$48k

The colleges and universities below are the best for new mexico bachelor’s degree me students whose families make $30-$48k.

Top 3 Best Value Bachelor’s Degree Colleges for Mechanical Engineering (Income $30-$48k) in New Mexico

#1

New Mexico State University - Main Campus

Las Cruces, New Mexico

#2 in overall quality

$7,006 Average Net Price

$64,990 Average Early-Career Earnings

You’ll be in good company if you decide to attend New Mexico State University - Main Campus. It ranked #1 on our 2022 Best Value ME Schools for a Bachelor’s in New Mexico For Those Making $30-$48k list. New Mexico State University - Main Campus is a fairly large school located in Las Cruces, New Mexico that handed out 109 bachelors’s ME degrees in 2019-2020.

NMSU Main Campus also took the #2 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in New Mexico” ranking. It costs about $7,006 for new mexico bachelor’s degree me students whose families make $30-$48k per year to attend NMSU Main Campus.

Read more about Mechanical Engineering at NMSU Main Campus

#2

New Mexico Institute of Mining and Technology

Socorro, New Mexico

#1 in overall quality

$12,297 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 $30-$48k that were part of this year’s ranking, New Mexico Institute of Mining and Technology landed the #2 spot on the list. New Mexico Institute of Mining and Technology is located in Socorro, New Mexico and, has a small student population. In 2019-2020, this school awarded 77 bachelors’s ME degrees to qualified students.

New Mexico Tech also made our “Best Mechanical Engineering Bachelor’s Degree Schools in New Mexico” list, coming in at #1. It costs about $12,297 for New Mexico Bachelor’s Degree ME students whose families make $30-$48k per year to attend New Mexico Institute of Mining and Technology.

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.

Read more about Mechanical Engineering at New Mexico Tech

#3

University of New Mexico - Main Campus

Albuquerque, New Mexico

#3 in overall quality

$14,458 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 $30-$48k. Located in Albuquerque, New Mexico, this large public school handed out 75 degrees to qualified bachelors’s ME students in 2019-2020.

As a testament to the quality of education offered at UNM, the school also landed the #3 spot in our “Best Mechanical Engineering Bachelor’s Degree Schools in New Mexico” ranking. The estimated yearly cost for University of New Mexico - Main Campus is $14,458 for New Mexico Bachelor’s Degree ME students whose families make $30-$48k.

Read more about Mechanical Engineering at University of New Mexico - Main Campus

• Best Value Bachelor’s Degree Colleges for Mechanical Engineering (Income $30-$48k) in the Southwest Region
• Best Value Bachelor’s Degree Colleges for Mechanical Engineering (Income $30-$48k)

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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