2027 Best Value Mechanical Engineering Schools in New Mexico

[Mechanical Engineering](/majors/engineering/me-mechanical-engineering/) degree programs vary widely in price and payoff across the country. The schools below stand out for delivering a strong mechanical engineering education at a price that pays off.
To produce this 2027 ranking, College Factual evaluated 3 schools on the balance of cost and outcomes for mechanical engineering students.
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2027 Best Value Mechanical Engineering Schools in New Mexico
If you want to know which schools deliver the best value for the mechanical engineering degrees they offer, see the list below.
Best Value Mechanical Engineering Schools
Our analysis ranked New Mexico State University Main Campus the best value for a degree in mechanical engineering in New Mexico. New Mexico State University Main Campus is a large public school located in the suburb of Las Cruces. Expect in-state tuition and fees of around $8,183, while out-of-state students pay about $25,307. Mechanical Engineering graduates carry a median of $18,759 in student loans. Early-career mechanical engineering graduates make about $62,813. That is a strong return on a $18,759 median debt. The acceptance rate is 89%.
New Mexico Institute Of Mining And Technology is a great value for students pursuing a degree in mechanical engineering, landing the #2 spot this year. Located in the town of Socorro, New Mexico Institute Of Mining And Technology is a small public university. In-state tuition and fees average $9,476, while out-of-state students pay about $27,247. Mechanical Engineering graduates carry a median of $19,500 in student loans. Mechanical Engineering graduates of New Mexico Institute Of Mining And Technology earn a median of $74,983 early in their careers. That is a strong return on a $19,500 median debt. New Mexico Institute Of Mining And Technology admits about 44% of applicants.
University Of New Mexico Main Campus came in at #3 on our 2027 list of the best value mechanical engineering schools. University Of New Mexico Main Campus is a very large public school located in the city of Albuquerque. The average in-state cost of tuition and fees is $10,140, with out-of-state students paying around $33,060. Typical student debt for mechanical engineering graduates is $17,014. Mechanical Engineering graduates of University Of New Mexico Main Campus earn a median of $86,632 early in their careers. That is a strong return on a $17,014 median debt. University Of New Mexico Main Campus admits about 95% of applicants.
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Notes and References
This ranking is produced by College Factual (MF_RANKING_2025), 2027 edition. Schools are scored on the balance of cost (tuition and student debt) against student outcomes (post-graduation earnings) — a measure of return on investment, drawn primarily from the U.S. Department of Education (IPEDS and College Scorecard).
Ranking method: College Major Best Value · 3 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.