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

With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual has developed its “Best Vallue Engineering Schools for a Bachelor’s in New Mexico For Those Making Over $110k” ranking as one item you can use to help make this decision.

In 2019-2020, 200,458 engineering students received their degree, making the major the 6th most popular in the country. 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.

For this year’s “Best Vallue Engineering Schools for a Bachelor’s in New Mexico For Those Making Over $110k” ranking, we looked at 3 colleges that offer 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. 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 Vallue Engineering Schools for a Bachelor’s in New Mexico For Those Making Over $110k” list, to help you choose the best school for you.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. Go ahead and give it a try, or bookmark the link so you can check it out later.

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

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

Top 3 Best Value Bachelor’s Degree Colleges for Engineering (Income Over $110k) in New Mexico

#1

New Mexico State University - Main Campus

Las Cruces, New Mexico

#2 in overall quality

$8,659 Average Net Price

Out of the 3 schools in the Best Vallue Engineering Schools for a Bachelor’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. New Mexico State University - 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 not only placed well in this ranking. It is also #2 on our “Best Engineering Bachelor’s Degree Schools in New Mexico” list. It costs about $8,659 for new mexico bachelor’s degree engineering students whose families make more than $110k per year to attend New Mexico State University - Main Campus.

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

#2

New Mexico Institute of Mining and Technology

Socorro, New Mexico

#1 in overall quality

$14,595 Average Net Price

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 Engineering Schools for a Bachelor’s in New Mexico For Those Making Over $110k list. This small school is located in Socorro, New Mexico, and it awarded 174 bachelors’s engineering degrees in 2019-2020.

New Mexico Tech also made our “Best Engineering Bachelor’s Degree Schools in New Mexico” list, coming in at #1. The estimated yearly cost for New Mexico Institute of Mining and Technology is $14,595 for new mexico bachelor’s degree engineering students whose families make more than $110k.

Since the school has a student-to-faculty ratio of 8 to 1, those pursuing a degree will have more opportunities to interact with their professors.

Full New Mexico Institute of Mining and Technology Engineering Report

#3

University of New Mexico - Main Campus

Albuquerque, New Mexico

#3 in overall quality

$14,446 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 Vallue Engineering Schools for a Bachelor’s in New Mexico For Those Making Over $110k. This large school is located in Albuquerque, New Mexico, and 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 more than $110k 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 UNM is $14,446 for New Mexico Bachelor’s Degree Engineering students whose families make more than $110k.

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

• Best Value Bachelor’s Degree Colleges for Engineering (Income Over $110k) in the Southwest Region
• Best Value Bachelor’s Degree Colleges for 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 Petty Officer 3rd Class Declan Barnes.

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