2022 Best Value Engineering Schools for a Bachelor’s in New Mexico For Those Making $0-$30k

When it comes to choosing a college, students have a lot of options - but not all of them are good. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Engineering Schools for a Bachelor’s in New Mexico For Those Making $0-$30k” ranking is one tool we have developed to help in this regard.

With 200,458 degrees handed out in 2019-2020, engineering is the 6th most popular major in the United States. In 2017-2018, engineering graduates who were awarded their degree in 2015-2017, earned an average of $64,888 and had an average of $23,564 in loans still to pay off.

Across New Mexico, there were 1,141 engineering graduates with average earnings and debt of $59,136 and $20,111 respectively. At the bachelor’s degree level specifically, there were 723 engineering graduates with average earnings and debt of $36,108 and $24,162 respectively.

This year’s “Best Value Engineering Schools for a Bachelor’s in New Mexico For Those Making $0-$30k” ranking analyzed 3 colleges that offered a degree in engineering. This ranking identifies schools with high-quality engineering programs that also have a lower cost than 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 engineering program at the school. 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 Engineering Schools for a Bachelor’s in New Mexico For Those Making $0-$30k” 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. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

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

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

Top 3 Best Value Bachelor’s Degree Colleges for 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

Out of the 3 schools in the Best Value Engineering Schools for a Bachelor’s 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. Socorro, New Mexico is the setting for this small institution of higher learning. The public school handed out bachelors’s engineering degrees to 174 students in 2019-2020.

New Mexico Tech also made our “Best Engineering Bachelor’s Degree Schools in New Mexico” list, coming in at #1. The yearly cost to attend New Mexico Tech is $10,924 for new mexico bachelor’s degree engineering students whose families make $0-$30k.

With a student-to-faculty ratio of 8 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Full New Mexico Institute of Mining and Technology Engineering Report

#2

New Mexico State University - Main Campus

Las Cruces, New Mexico

#2 in overall quality

$6,896 Average Net Price

Out of the 3 schools in the Best Value Engineering Schools for a Bachelor’s in New Mexico For Those Making $0-$30k that were part of this year’s ranking, New Mexico State University - Main Campus landed the #2 spot on the list. NMSU Main Campus is a fairly large public school situated in Las Cruces, New Mexico. It awarded 310 bachelors’s engineering degrees in 2019-2020.

NMSU Main Campus did well in our major quality rankings, too. It placed #2 on our “Best Engineering Bachelor’s Degree Schools in New Mexico” list. The estimated yearly cost for New Mexico State University - Main Campus is $6,896 for New Mexico Bachelor’s Degree Engineering students whose families make $0-$30k.

Read more about Engineering at New Mexico State University - Main Campus

#3

University of New Mexico - Main Campus

Albuquerque, New Mexico

#3 in overall quality

$13,242 Average Net Price

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 Engineering Schools for a Bachelor’s in New Mexico For Those Making $0-$30k. UNM is a large public school situated in Albuquerque, New Mexico. It awarded 237 bachelors’s engineering degrees in 2019-2020.

In addition to being on our new mexico bachelor’s degree engineering students whose families make $0-$30k list, UNM has also earned the #3 rank in our “Best Engineering Bachelor’s Degree Schools in New Mexico” ranking. The yearly cost to attend University of New Mexico - Main Campus is $13,242 for New Mexico Bachelor’s Degree Engineering students whose families make $0-$30k.

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

• Best Value Bachelor’s Degree Colleges for Engineering (Income $0-$30k) in the Southwest Region
• Best Value Bachelor’s Degree Colleges for 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 Petty Officer 3rd Class Declan Barnes.

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