2022 Best Value Master’s Degree Colleges for Engineering (Income Over $110k) in New Mexico

When it comes to choosing a college, students have a lot of options - but not all of them are good. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Vallue Engineering Schools for a Master’s in New Mexico For Those Making Over $110k” ranking is one tool we have developed to help in this regard.

In 2019-2020, 200,458 engineering students received their degree, making the major the 6th most popular in the country. In 2017-2018, engineering graduates who were awarded their degree in 2015-2017, earned an average of $64,888 and had an average of $23,564 in loans still to pay off.

Across New Mexico, there were 1,141 engineering graduates with average earnings and debt of $59,136 and $20,111 respectively. At the master’s degree level specifically, there were 276 engineering graduates with average earnings and debt of $46,864 and $37,250 respectively.

This year’s “Best Vallue Engineering Schools for a Master’s in New Mexico For Those Making Over $110k” ranking looked at 3 colleges that offer degrees in a bachelor’s in engineering. The schools that top this list are recognized because they have great engineering programs and cost less that schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the engineering program at the school and the cost to attend the school once aid has been awarded. For more information, check out our ranking methodology.

More Ways to Rank Engineering Schools

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Vallue Engineering Schools for a Master’s in New Mexico For Those Making Over $110k” list to help you make the college 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. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

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Best Vallue Engineering Schools for a Master’s in New Mexico For Those Making Over $110k

The following schools top our list of the Best Best Vallue Engineering Schools for a Master’s in New Mexico For Those Making Over $110k.

Top 3 Best Value Master’s Degree Colleges for Engineering (Income Over $110k) in New Mexico

#1

New Mexico State University - Main Campus

Las Cruces, New Mexico

#1 in overall quality

$18,275 Avg Grad Tuition & Fees

Out of the 3 schools in the Best Vallue Engineering Schools for a Master’s in New Mexico For Those Making Over $110k that were part of this year’s ranking, New Mexico State University - Main Campus landed the #1 spot on the list. NMSU Main Campus is a fairly large school located in Las Cruces, New Mexico that handed out 100 masters’s engineering degrees in 2019-2020.

NMSU Main Campus also took the #1 spot in our “Best Engineering Master’s Degree Schools in New Mexico” ranking. Average graduate tuition and fees at New Mexico State University - Main Campus are $18,275, but you may pay more or less depending on your major.

Full New Mexico State University - Main Campus Engineering Report

#2

New Mexico Institute of Mining and Technology

Socorro, New Mexico

$25,602 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend New Mexico Institute of Mining and Technology. It ranked #2 on our 2022 Best Vallue Engineering Schools for a Master’s in New Mexico For Those Making Over $110k list. New Mexico Tech is a small public school situated in Socorro, New Mexico. It awarded 36 masters’s engineering degrees in 2019-2020.

New Mexico Tech did well in our major quality rankings, too. It placed #0 on our “Best Engineering Master’s Degree Schools in New Mexico” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at New Mexico Institute of Mining and Technology are $25,602.

Full New Mexico Tech Engineering Report

#3

University of New Mexico - Main Campus

Albuquerque, New Mexico

#2 in overall quality

$19,890 Avg Grad Tuition & Fees

Out of the 3 schools in the Best Vallue Engineering Schools for a Master’s in New Mexico For Those Making Over $110k that were part of this year’s ranking, University of New Mexico - Main Campus landed the #3 spot on the list. UNM is located in Albuquerque, New Mexico and, has a large student population. In 2019-2020, this school awarded 140 masters’s engineering degrees to qualified students.

UNM did well in our major quality rankings, too. It placed #2 on our “Best Engineering Master’s Degree Schools in New Mexico” list. 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 Engineering at University of New Mexico - Main Campus

• Best Value Master’s Degree Colleges for Engineering (Income Over $110k) in the Southwest Region
• Best Value Master’s Degree Colleges for Engineering (Income Over $110k)

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 Petty Officer 3rd Class Declan Barnes.

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