2022 Best Value ME Schools for a Master’s in New Mexico For Those Making $30-$48k

It’s not easy to decide which college to attend when there so many options available for students. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value ME Schools for a Master’s in New Mexico For Those Making $30-$48k” ranking is one tool we have developed to help in this regard.

In 2019-2020, 47,598 people earned their degree in mechanical engineering, making the major the 20th most popular in the United States. In 2017-2018, mechanical engineering graduates who were awarded their degree in 2015-2017, earned an average of $64,495 and had an average of $23,104 in loans still to pay off.

Across New Mexico, there were 327 mechanical engineering graduates with average earnings and debt of $58,133 and $21,172 respectively. At the master’s degree level specifically, there were 66 mechanical engineering graduates with average earnings and debt of $46,864 and $37,250 respectively.

This year’s “Best Value ME Schools for a Master’s in New Mexico For Those Making $30-$48k” ranking looked at 3 colleges that offer degrees in a bachelor’s in mechanical engineering. The schools that top this list are recognized because they have great mechanical engineering programs and 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 mechanical engineering program at the school. Check out our ranking methodology for more information.

One Size Does Not Fit All

The me school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value ME Schools for a Master’s in New Mexico For Those Making $30-$48k”.

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 ME Schools for a Master’s in New Mexico For Those Making $30-$48k

The following schools top our list of the Best Best Value ME Schools for a Master’s in New Mexico For Those Making $30-$48k.

Top 3 Best Value Master’s Degree Colleges for Mechanical Engineering (Income $30-$48k) in New Mexico

#1

New Mexico State University - Main Campus

Las Cruces, New Mexico

#3 in overall quality

$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 ME Schools for a Master’s in New Mexico For Those Making $30-$48k. New Mexico State University - Main Campus is a fairly large public school situated in Las Cruces, New Mexico. It awarded 18 masters’s ME degrees in 2019-2020.

NMSU Main Campus also took the #3 spot in our “Best Mechanical 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 NMSU Main Campus are $18,275.

Read full report on Mechanical Engineering at NMSU Main Campus

#2

New Mexico Institute of Mining and Technology

Socorro, New Mexico

#1 in overall quality

$25,602 Avg Grad Tuition & Fees

Out of the 3 schools in the Best Value ME Schools for a Master’s in New Mexico For Those Making $30-$48k that were part of this year’s ranking, New Mexico Institute of Mining and Technology landed the #2 spot on the list. This small school is located in Socorro, New Mexico, and it awarded 11 masters’s ME degrees in 2019-2020.

New Mexico Tech also took the #1 spot in our “Best Mechanical Engineering Master’s Degree Schools in New Mexico” ranking. 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 Mechanical Engineering Report

#3

University of New Mexico - Main Campus

Albuquerque, New Mexico

#2 in overall quality

$19,890 Avg Grad Tuition & Fees

$94,940 Average Early-Career Earnings

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 Value ME Schools for a Master’s in New Mexico For Those Making $30-$48k. Located in Albuquerque, New Mexico, this large public school awarded 37 diplomas to qualified masters’s ME students in 2019-2020.

UNM also took the #2 spot in our “Best Mechanical 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 UNM are $19,890.

Read full report on Mechanical Engineering at UNM

• Best Value Master’s Degree Colleges for Mechanical Engineering (Income $30-$48k) in the Southwest Region
• Best Value Master’s Degree Colleges for Mechanical Engineering (Income $30-$48k)

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 Michel Villeneuve.

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