2022 Best Value Master’s Degree Colleges for Engineering (Income $0-$30k) in New Mexico

It’s not easy to decide which college to attend when there so many options available for students. 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 Engineering Schools for a Master’s in New Mexico For Those Making $0-$30k” ranking is part of that endeavor.

Engineering is one of the most popular majors in the nation, ranking 6th of all the majors we analyze. In 2019-2020, 200,458 degrees were awarded to students with this major. 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 master’s degree level specifically, there were 276 engineering graduates with average earnings and debt of $46,864 and $37,250 respectively.

For this year’s “Best Value Engineering Schools for a Master’s in New Mexico For Those Making $0-$30k” ranking, we looked at 3 colleges that offer a degree in engineering. The schools that top this list are recognized because they have great engineering programs and 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 engineering program at the school. Check out our ranking methodology for more information.

One Size Does Not Fit All

The engineering school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Engineering Schools for a Master’s in New Mexico For Those Making $0-$30k”.

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 by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

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

The colleges and universities below are the best for new mexico master’s degree engineering students whose families make $0-$30k.

Top 3 Best Value Master’s Degree Colleges for Engineering (Income $0-$30k) in New Mexico

#1

New Mexico Institute of Mining and Technology

Socorro, New Mexico

$25,602 Avg Grad Tuition & Fees

Out of the 3 schools in the Best Value Engineering Schools for a Master’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. Located in Socorro, New Mexico, this small public school handed out 36 diplomas to qualified masters’s engineering students in 2019-2020.

New Mexico Tech also made our “Best Engineering Master’s Degree Schools in New Mexico” list, coming in at #0. Although you might pay more or less depending on your area of study, average graduate tuition and fees at New Mexico Institute of Mining and Technology are $25,602.

Read more about Engineering at New Mexico Institute of Mining and Technology

#2

New Mexico State University - Main Campus

Las Cruces, New Mexico

#1 in overall quality

$18,275 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend New Mexico State University - Main Campus. The school came in at #2 for the Best Value Engineering Schools for a Master’s in New Mexico For Those Making $0-$30k. New Mexico State University - Main Campus is a fairly large public school situated in Las Cruces, New Mexico. It awarded 100 masters’s engineering degrees in 2019-2020.

NMSU Main Campus not only placed well in this ranking. It is also #1 on our “Best 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 New Mexico State University - Main Campus are $18,275.

Full New Mexico State University - Main Campus Engineering Report

#3

University of New Mexico - Main Campus

Albuquerque, New Mexico

#2 in overall quality

$19,890 Avg Grad Tuition & Fees

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 Master’s in New Mexico For Those Making $0-$30k. UNM is a large school located in Albuquerque, New Mexico that handed out 140 masters’s engineering degrees in 2019-2020.

As a testament to the quality of education offered at UNM, the school also landed the #2 spot in our “Best Engineering Master’s Degree Schools in New Mexico” ranking. Average graduate tuition and fees at UNM are $19,890, but some majors have different tuition rates.

Read more about Engineering at UNM

• Best Value Master’s Degree Colleges for Engineering (Income $0-$30k) in the Southwest Region
• Best Value Master’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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