2022 Best Value Master’s Degree Colleges for Mechanical Engineering (Income Over $110k) in New Mexico

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 Vallue ME Schools for a Master’s in New Mexico For Those Making Over $110k” 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 Vallue ME Schools for a Master’s in New Mexico For Those Making Over $110k” 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. 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 Vallue ME Schools for a Master’s in New Mexico For Those Making Over $110k” 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. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

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Best Vallue ME Schools for a Master’s in New Mexico For Those Making Over $110k

The colleges and universities below are the best for new mexico master’s degree me students whose families make more than $110k.

Top 3 Best Value Master’s Degree Colleges for Mechanical Engineering (Income Over $110k) 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 Vallue ME Schools for a Master’s in New Mexico For Those Making Over $110k that were part of this year’s ranking, New Mexico State University - Main Campus landed the #1 spot on the list. Las Cruces, New Mexico is the setting for this fairly large institution of higher learning. The public school handed out masters’s ME degrees to 18 students in 2019-2020.

NMSU Main Campus did well in our major quality rankings, too. It placed #3 on our “Best Mechanical Engineering Master’s Degree Schools in New Mexico” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at NMSU Main Campus are $18,275.

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 be in good company if you decide to attend New Mexico Institute of Mining and Technology. It ranked #2 on our 2022 Best Vallue ME Schools for a Master’s in New Mexico For Those Making Over $110k list. This small school is located in Socorro, New Mexico, and it awarded 11 masters’s ME degrees in 2019-2020.

In addition to being on our new mexico master’s degree me students whose families make more than $110k list, New Mexico Tech has also earned the #1 rank in our “Best Mechanical Engineering Master’s Degree Schools in New Mexico” ranking. 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.

Full New Mexico Tech Mechanical Engineering Report

#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

Out of the 3 schools in the Best Vallue ME Schools for a Master’s in New Mexico For Those Making Over $110k that were part of this year’s ranking, University of New Mexico - Main Campus landed the #3 spot on the list. Albuquerque, New Mexico is the setting for this large institution of higher learning. The public school handed out masters’s ME degrees to 37 students in 2019-2020.

UNM not only placed well in this ranking. It is also #2 on our “Best Mechanical Engineering Master’s Degree Schools in New Mexico” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UNM are $19,890.

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

• Best Value Master’s Degree Colleges for Mechanical Engineering (Income Over $110k) in the Southwest Region
• Best Value Master’s Degree Colleges for Mechanical Engineering (Income Over $110k)

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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