2022 Best Value Master’s Degree Colleges for Engineering (Income $48-$75k) 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 $48-$75k” 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.

This year’s “Best Value Engineering Schools for a Master’s in New Mexico For Those Making $48-$75k” ranking analyzed 3 colleges that offered a degree in engineering. Not only do the schools that top this list have excellent 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 engineering program at the school. See our ranking methodology to learn more.

One Size Does Not Fit All

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Engineering Schools for a Master’s in New Mexico For Those Making $48-$75k” ranking, along with many other major-related rankings, to help you make that decision.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. 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 $48-$75k

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

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

#1

New Mexico State University - Main Campus

Las Cruces, New Mexico

#1 in overall quality

$18,275 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend New Mexico State University - Main Campus. It ranked #1 on our 2022 Best Value Engineering Schools for a Master’s in New Mexico For Those Making $48-$75k list. NMSU Main Campus is a fairly large school located in Las Cruces, New Mexico that handed out 100 masters’s engineering degrees in 2019-2020.

NMSU Main Campus did well in our major quality rankings, too. It placed #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 NMSU Main Campus are $18,275.

Read full report on Engineering at NMSU Main Campus

#2

New Mexico Institute of Mining and Technology

Socorro, New Mexico

$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 Engineering Schools for a Master’s in New Mexico For Those Making $48-$75k. New Mexico Tech is located in Socorro, New Mexico and, has a small student population. In 2019-2020, this school awarded 36 masters’s engineering degrees to qualified students.

New Mexico Tech not only placed well in this ranking. It is also #0 on our “Best Engineering Master’s Degree Schools in New Mexico” list. Average graduate tuition and fees at New Mexico Tech are $25,602, but you may pay more or less depending on your major.

Full New Mexico Institute of Mining and Technology Engineering Report

#3

University of New Mexico - Main Campus

Albuquerque, New Mexico

#2 in overall quality

$19,890 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend University of New Mexico - Main Campus. It ranked #3 on our 2022 Best Value Engineering Schools for a Master’s in New Mexico For Those Making $48-$75k list. Located in Albuquerque, New Mexico, this large public school handed out 140 degrees to qualified masters’s engineering students in 2019-2020.

In addition to being on our new mexico master’s degree engineering students whose families make $48-$75k list, UNM has also earned the #2 rank in our “Best 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 University of New Mexico - Main Campus are $19,890.

Read more about Engineering at UNM

• Best Value Master’s Degree Colleges for Engineering (Income $48-$75k) in the Southwest Region
• Best Value Master’s Degree Colleges for 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 Petty Officer 3rd Class Declan Barnes.

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