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

When it comes to choosing a college, students have a lot of options - but not all of them are good. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Economics Schools for a Doctorate in New Mexico For Those Making $0-$30k” ranking - to help you make that decision.

In 2019-2020, 48,831 people earned their degree in economics, making the major the 18th most popular in the United States. In 2017-2018, economics graduates who were awarded their degree in 2015-2017, earned an average of $47,295 and had an average of $21,978 in loans still to pay off.

Across New Mexico, there were 95 economics graduates with average earnings and debt of $33,200 and $17,625 respectively. At the doctor’s degree level specifically, there were 12 economics graduates with average earnings and debt of $60,967 and $104,936 respectively.

This year’s “Best Value Economics Schools for a Doctorate in New Mexico For Those Making $0-$30k” ranking looked at 2 colleges that offer degrees in a bachelor’s in economics. The schools that top this list are recognized because they have great economics programs and cost less that schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the economics program at the school and the cost to attend the school once aid has been awarded. 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 Economics Schools for a Doctorate in New Mexico For Those Making $0-$30k” list, to help you choose the best school for you.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

Best Value Economics Schools for a Doctorate in New Mexico For Those Making $0-$30k

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

Top 2 Best Value Doctor’s Degree Colleges for Economics (Income $0-$30k) in New Mexico

#1

New Mexico State University - Main Campus

Las Cruces, New Mexico

#2 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 Economics Schools for a Doctorate in New Mexico For Those Making $0-$30k list. Located in Las Cruces, New Mexico, this fairly large public school awarded 4 diplomas to qualified doctorate’s economics students in 2019-2020.

NMSU Main Campus also made our “Best Economics Doctor’s Degree Schools in New Mexico” list, coming in at #2. Average graduate tuition and fees at NMSU Main Campus are $18,275, but you may pay more or less depending on your major.

Full New Mexico State University - Main Campus Economics Report

#2

University of New Mexico - Main Campus

Albuquerque, New Mexico

#1 in overall quality

$19,890 Avg Grad Tuition & Fees

Out of the 2 schools in the Best Value Economics Schools for a Doctorate in New Mexico For Those Making $0-$30k that were part of this year’s ranking, University of New Mexico - Main Campus landed the #2 spot on the list. This large school is located in Albuquerque, New Mexico, and it awarded 8 doctorate’s economics degrees in 2019-2020.

UNM also made our “Best Economics Doctor’s Degree Schools in New Mexico” list, coming in at #1. Average graduate tuition and fees at University of New Mexico - Main Campus are $19,890, but some majors have different tuition rates.

Full UNM Economics Report

• Best Value Doctor’s Degree Colleges for Economics (Income $0-$30k) in the Southwest Region
• Best Value Doctor’s Degree Colleges for Economics (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 pixabay.

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