2022 Best Value Master’s Degree Colleges for Mechanical Engineering (Income $48-$75k) in New Mexico

With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual has developed its “Best Value ME Schools for a Master’s in New Mexico For Those Making $48-$75k” ranking as one item you can use to help make this decision.

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 master’s degree level specifically, there were 66 mechanical engineering graduates with average earnings and debt of $46,864 and $37,250 respectively.

This year’s “Best Value ME Schools for a Master’s in New Mexico For Those Making $48-$75k” 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.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the mechanical engineering program at the school. For more information, check out our ranking methodology.

More Ways to Rank Mechanical Engineering Schools

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 Master’s in New Mexico For Those Making $48-$75k” list, to help you choose the best school for you.

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. 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 $48-$75k

The following schools top our list of the Best Best Value ME Schools for a Master’s in New Mexico For Those Making $48-$75k.

Top 3 Best Value Master’s Degree Colleges for Mechanical Engineering (Income $48-$75k) in New Mexico

#1

New Mexico State University - Main Campus

Las Cruces, New Mexico

#3 in overall quality

$18,275 Avg Grad Tuition & Fees

Out of the 3 schools in the Best Value ME Schools for a Master’s in New Mexico For Those Making $48-$75k that were part of this year’s ranking, New Mexico State University - Main Campus landed the #1 spot on the list. Located in Las Cruces, New Mexico, this fairly large public school awarded 18 diplomas 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 some majors have different tuition rates.

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

#2

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 #2 for the Best Value ME Schools for a Master’s in New Mexico For Those Making $48-$75k. Socorro, New Mexico is the setting for this small institution of higher learning. The public school handed out masters’s ME degrees to 11 students in 2019-2020.

New Mexico Tech also made our “Best Mechanical Engineering Master’s Degree Schools in New Mexico” list, coming in at #1. Average graduate tuition and fees at New Mexico Institute of Mining and Technology are $25,602, but you may pay more or less depending on your major.

Read full report on Mechanical Engineering at New Mexico Institute of Mining and Technology

#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 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 Master’s in New Mexico For Those Making $48-$75k. Located in Albuquerque, New Mexico, this large public school awarded 37 diplomas to qualified masters’s ME students in 2019-2020.

In addition to being on our new mexico master’s degree me students whose families make $48-$75k list, UNM has also earned the #2 rank in our “Best Mechanical Engineering Master’s Degree Schools in New Mexico” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UNM are $19,890.

Full University of New Mexico - Main Campus Mechanical Engineering Report

• Best Value Master’s Degree Colleges for Mechanical Engineering (Income $48-$75k) in the Southwest Region
• Best Value Master’s Degree Colleges for Mechanical Engineering (Income $48-$75k)

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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