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2024 Best Schools for the Money (Income $30-$48k) in New Mexico for Master's Degrees

7 Colleges

There are lots of options to choose from today when trying to decide which school to attend. College Factual has developed its Best Master's Degree Colleges for the Money (Income $30-$48k) in New Mexico ranking as one thing you can use to help make this decision. You may be surprised that some normally high-priced schools offer very generous financial aid packages to those who qualify.

In This Year's Value Report:

Finding Your Best College Match

After analyzing 7 schools in New Mexico, we came up with our list of those that offered the best value Master's Degree programs. Our ranking for the best value schools is based on objective factors. We steer clear of subjective measures since they don't give a clear picture when determining how one school compares to another. We explain more about what we look at and why we do so below.

Our Methodology

When determining the value of a school in our Best Master's Degree Colleges for the Money (Income $30-$48k) in New Mexico ranking, we first look at its average net price of a student coming from a family that makes $30-$48k a year. The net price is defined as the sum of room and board, tuition, and fees minus any financial aid that the student receives. In addition, the overall quality of a school is important to ensure a good education, not just how much it costs.

To make it into this list a school must offer a quality education like the schools in our Best Colleges ranking. This ranking considers factors such as graduation rates, overall graduate earnings and other educational resources to identify great colleges and universities.

We go into more detail on these factors on our best value ranking methodology page.

More Rankings to View

You can scroll down to see the top schools for this ranking, but you may also want to view some of the other ranking methods listed below.

Without Aid Best Value Master's Degrees
With Aid (All Income Levels) Best Value Master's Degrees
With Aid (Income $0-$30k) Best Value Master's Degrees
With Aid (Income $48-$75k) Best Value Master's Degrees
With Aid (Income $75-$110k) Best Value Master's Degrees
With Aid (Income Over $110k) Best Value Master's Degrees
To get a better picture of the best value schools for your income range or for whether or not you'll receive aid, click on one of the tiles above. You may also want to narrow this list by location to find the best value schools nearest you. In addition, we've put together a number of other college rankings that may help you in your search.

Know what field you want to major in? Make sure you check out our best value schools by major. In addition, you can select one of the links below to see the best value colleges for other degree levels.

Best Value Master's Degree Schools (Income $30-$48k) in New Mexico

Learn more about these excellent schools below:

1

Our 2024 rankings named New Mexico Institute of Mining and Technology the best value (income $30-$48k) school in New Mexico for students working on their master’s degree. New Mexico Tech is a small public school situated in Socorro, New Mexico.

Not only is New Mexico Institute of Mining and Technology a great value, but it is also ranked #1 in New Mexico for overall quality.

Full New Mexico Institute of Mining and Technology Value Report

2

Out of the 7 master’s degree schools in New Mexico that were part of this year’s ranking, Eastern New Mexico University - Main Campus landed the #2 spot on the list. Eastern New Mexico University - Main Campus is a small public school located in Portales, New Mexico.

Not only is Eastern New Mexico University - Main Campus a great value, but it is also ranked #6 in New Mexico for overall quality.

Learn More About Value at Eastern New Mexico University - Main Campus

3

You’ll be in good company if you decide to attend New Mexico State University - Main Campus. It ranked #3 on our 2024 Best Master’s Degree Colleges for the Money (Income $30-$48k) in New Mexico list. New Mexico State University - Main Campus is a fairly large public school located in Las Cruces, New Mexico.

In addition to being included on this ranking as a good value, New Mexico State University - Main Campus is ranked #5 for quality in the state of New Mexico.

Full New Mexico State University - Main Campus Value Report

4
New Mexico Highlands University crest
New Mexico Highlands University
Las Vegas, New Mexico

You’ll be in good company if you decide to attend New Mexico Highlands University. It ranked #4 on our 2024 Best Master’s Degree Colleges for the Money (Income $30-$48k) in New Mexico list. New Mexico Highlands University is located in Las Vegas, New Mexico and has a small student population. It is a public school.

New Mexico Highlands University has the honor of being ranked #4 in New Mexico for overall quality on top of being a good value.

Full New Mexico Highlands University Value Report

5
Western New Mexico University crest
Western New Mexico University
Silver City, New Mexico

Out of the 7 master’s degree schools in New Mexico that were part of this year’s ranking, Western New Mexico University landed the #5 spot on the list. This small public school is located in Silver City, New Mexico.

Not only is Western New Mexico University a great value, but it is also ranked #2 in New Mexico for overall quality.

Learn More About Value at Western New Mexico University

6

University of New Mexico - Main Campus did quite well in the 2024 Best Master’s Degree Colleges for the Money (Income $30-$48k) in New Mexico ranking, coming in at #6. UNM is a public institution located in Albuquerque, New Mexico.

University of New Mexico - Main Campus has the honor of being ranked #3 in New Mexico for overall quality on top of being a good value.

Learn More About Value at University of New Mexico - Main Campus

7
USW crest
University of the Southwest
Hobbs, New Mexico

University of the Southwest did quite well in the 2024 Best Master’s Degree Colleges for the Money (Income $30-$48k) in New Mexico ranking, coming in at #7. USW is a small private not-for-profit school situated in Hobbs, New Mexico.

In addition to being included on this ranking as a good value, University of the Southwest is ranked #7 for quality in the state of New Mexico.

Learn More About Value at University of the Southwest

Best Value Master's Degree Schools (Income $30-$48k) in the Southwest Region

View Best Value Master’s Degree Schools (Income $30-$48k) Nationwide >

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Notes and References

Footnotes

*These averages are for the top 7 schools only.

More about our data sources and methodologies.

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