2022 Best Value Economics Schools for a Master’s in New Mexico For Those Making $0-$30k

When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual has developed its “Best Value Economics Schools for a Master’s in New Mexico For Those Making $0-$30k” ranking as one item you can use to help make this 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 master’s degree level specifically, there were 13 economics graduates with average earnings and debt of $46,864 and $37,250 respectively.

For this year’s “Best Value Economics Schools for a Master’s in New Mexico For Those Making $0-$30k” ranking, we looked at 2 colleges that offer a degree in economics. Not only do the schools that top this list have excellent economics 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 economics program at the school. See our ranking methodology to learn more.

More Ways to Rank Economics Schools

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Economics Schools for a Master’s in New Mexico For Those Making $0-$30k” ranking, along with many other major-related rankings, to help you make that 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. 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 Master’s in New Mexico For Those Making $0-$30k

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

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

#1

New Mexico State University - Main Campus

Las Cruces, New Mexico

$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 #1 for the Best Value Economics Schools for a Master’s in New Mexico For Those Making $0-$30k. This fairly large school is located in Las Cruces, New Mexico, and it awarded 3 masters’s economics degrees in 2019-2020.

In addition to being on our new mexico master’s degree economics students whose families make $0-$30k list, NMSU Main Campus has also earned the #0 rank in our “Best Economics 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 NMSU Main Campus are $18,275.

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

#2

University of New Mexico - Main Campus

Albuquerque, New Mexico

#1 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 #2 for the Best Value Economics Schools for a Master’s in New Mexico For Those Making $0-$30k. This large school is located in Albuquerque, New Mexico, and it awarded 10 masters’s economics degrees in 2019-2020.

UNM also took the #1 spot in our “Best Economics 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 UNM are $19,890.

Read more about Economics at UNM

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