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

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 Master’s in New Mexico For Those Making $30-$48k” 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 master’s degree level specifically, there were 276 engineering graduates with average earnings and debt of $46,864 and $37,250 respectively.

This year’s “Best Value Engineering Schools for a Master’s in New Mexico For Those Making $30-$48k” ranking analyzed 3 colleges that offered 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.

More Ways to Rank Engineering Schools

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Engineering Schools for a Master’s in New Mexico For Those Making $30-$48k” list to help you make the college decision.

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. 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 Engineering Schools for a Master’s in New Mexico For Those Making $30-$48k

The following schools top our list of the Best Best Value Engineering Schools for a Master’s in New Mexico For Those Making $30-$48k.

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

#1

New Mexico State University - Main Campus

Las Cruces, New Mexico

#1 in overall quality

$18,275 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 $30-$48k that were part of this year’s ranking, New Mexico State University - Main Campus landed the #1 spot on the list. NMSU Main Campus is located in Las Cruces, New Mexico and, has a fairly large student population. In 2019-2020, this school awarded 100 masters’s engineering degrees to qualified students.

NMSU Main Campus also made our “Best Engineering Master’s Degree Schools in New Mexico” list, coming in at #1. Average graduate tuition and fees at New Mexico State University - Main Campus are $18,275, but some majors have different tuition rates.

Full New Mexico State University - Main Campus Engineering Report

#2

New Mexico Institute of Mining and Technology

Socorro, New Mexico

$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 Value Engineering Schools for a Master’s in New Mexico For Those Making $30-$48k list. New Mexico Institute of Mining and Technology is a small public school situated in Socorro, New Mexico. It awarded 36 masters’s engineering degrees in 2019-2020.

In addition to being on our new mexico master’s degree engineering students whose families make $30-$48k list, New Mexico Tech has also earned the #0 rank in our “Best Engineering Master’s Degree Schools in New Mexico” ranking. Average graduate tuition and fees at New Mexico Tech are $25,602, but you may pay more or less depending on your major.

Read more about Engineering at New Mexico Tech

#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 $30-$48k. Albuquerque, New Mexico is the setting for this large institution of higher learning. The public school handed out masters’s engineering degrees to 140 students in 2019-2020.

UNM did well in our major quality rankings, too. It placed #2 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 University of New Mexico - Main Campus are $19,890.

Full UNM Engineering Report

• Best Value Master’s Degree Colleges for Engineering (Income $30-$48k) in the Southwest Region
• Best Value Master’s Degree Colleges for 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 Petty Officer 3rd Class Declan Barnes.

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