2026 Best Value Electrical Engineering Schools in New Mexico

[Electrical Engineering](/majors/engineering/ee-electrical-engineering/) degree programs vary widely in price and payoff across the country. A high-value program keeps cost low while graduates go on to earn well.
College Factual analyzed 4 schools to build this 2026 ranking of the best value electrical engineering schools.
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2026 Best Value Electrical Engineering Schools in New Mexico
If you want to know which schools deliver the best value for the electrical engineering degrees they offer, see the list below.
Best Value Electrical Engineering Schools
Our analysis ranked New Mexico State University Main Campus the best value for a degree in electrical engineering in New Mexico. New Mexico State University Main Campus is a large public school located in the suburb of Las Cruces. The average in-state cost of tuition and fees is $8,183, while out-of-state students pay about $25,307. Electrical Engineering graduates carry a median of $23,250 in student loans. Electrical Engineering graduates of New Mexico State University Main Campus earn a median of $82,790 early in their careers. Set against $23,250 in median debt, that is a healthy payoff. New Mexico State University Main Campus admits about 89% of applicants.
New Mexico Institute Of Mining And Technology is a great value for students pursuing a degree in electrical engineering, landing the #2 spot this year. New Mexico Institute Of Mining And Technology is a mid-sized public school located in the town of Socorro. Expect in-state tuition and fees of around $9,476, while out-of-state students pay about $27,247. Electrical Engineering graduates carry a median of $15,981 in student loans. Early-career electrical engineering graduates make about $73,300. That is a strong return on a $15,981 median debt. The acceptance rate is 44%.
University Of New Mexico Main Campus is a great value for students pursuing a degree in electrical engineering, landing the #3 spot this year. Located in the city of Albuquerque, University Of New Mexico Main Campus is a very large public university. The average in-state cost of tuition and fees is $10,140, while out-of-state students pay about $33,060. Students borrow a median of $26,436 to complete the electrical engineering program here. Electrical Engineering graduates of University Of New Mexico Main Campus earn a median of $49,983 early in their careers. Weighed against typical debt, the earnings make a compelling case for value. University Of New Mexico Main Campus admits about 95% of applicants.
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Notes and References
The ranking above is published by College Factual (MF_RANKING_2025), 2026 edition. The methodology weighs the cost of a degree against the earnings graduates go on to achieve, drawn primarily from the U.S. Department of Education (IPEDS and College Scorecard).
Ranking method: College Major Best Value · 4 schools evaluated.
*Averages shown above reflect the top 3 ranked schools only.
- 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).
More about our data sources and methodologies.