by our College Data Analytics TeamNew Mexico Institute Of Mining And Technology ranks #1 of 38 colleges in College Factual’s 2027 Best Colleges in New Mexico ranking, which scores schools on more than 20 measures of academic quality and student outcomes. The top 25 colleges average a 40% six-year graduation rate and $50,546 in median earnings five years after graduation.
Source: IPEDS 2025; College Scorecard July 2026; College Factual rankings 2027. Data as of: July 2026.
With all of the college options in New Mexico, choosing the right one can feel overwhelming. We have ranked **38** schools by overall quality and student outcomes, using our 2027 methodology.
So you can compare your options, College Factual reviewed 38 colleges across over 20 objective factors such as graduation rate, post-graduation earnings, and per-student spending, drawing primarily on U.S. Department of Education data (IPEDS and College Scorecard). Learn more about our ranking methodology.
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New Mexico Institute Of Mining And Technology leads the 38 ranked colleges in New Mexico, followed by University Of New Mexico Main Campus (#2) and New Mexico Military Institute (#3). Here are the top-ranked colleges:
No school ranked higher than New Mexico Institute Of Mining And Technology this year in New Mexico. This public school is set in Socorro, NM. Roughly 57% of students complete a degree within six years here. Students from in state pay about $9,476 in tuition and fees, while out-of-state students pay about $27,247. Median early-career earnings reach $64,561. Students borrow a median of $18,747 to complete a degree here.
The strong outcomes at University Of New Mexico Main Campus earned it the #2 place in New Mexico. Located in Albuquerque, NM, University Of New Mexico Main Campus is a public institution. Roughly 54% of students complete a degree within six years here. In-state tuition and fees average $10,140, with out-of-state students paying around $33,060. A year after graduating, students earn a median of $49,983. Students borrow a median of $19,738 to complete a degree here.
The strong outcomes at New Mexico Military Institute earned it the #3 place in New Mexico. This public school is set in Roswell, NM. In-state tuition and fees average $7,190, compared with $14,156 for out-of-state students. A year after graduating, students earn a median of $10,627. Typical student debt is $5,500.
A rank of #4 makes New Mexico Highlands University one of the top colleges in New Mexico. Located in Las Vegas, NM, New Mexico Highlands University is a public institution. Roughly 27% of students complete a degree within six years here. In-state tuition and fees run about $7,416, while out-of-state students pay about $12,336. New Mexico Highlands University graduates report median early-career earnings of $47,214. New Mexico Highlands University students take on a median of $18,900 in debt.
Out of the 38 colleges in New Mexico in this year's ranking, Carrington College Albuquerque landed the #5 spot. Set in Albuquerque, NM, Carrington College Albuquerque is a private for-profit institution. Carrington College Albuquerque graduates report median early-career earnings of $35,740. Carrington College Albuquerque students take on a median of $13,952 in debt.
New Mexico State University Main Campus did well this year, earning the #6 position. Set in Las Cruces, NM, New Mexico State University Main Campus is a public institution. About 55% of students finish within six years. In-state tuition and fees average $8,183, compared with $25,307 for out-of-state students. A year after graduating, students earn a median of $41,860. Graduates carry a median of $19,026 in student loans.
San Juan College placed #7 among the best colleges in New Mexico. Located in Farmington, NM, San Juan College is a public institution. In-state tuition and fees run about $1,910, with out-of-state students paying around $5,393. A year after graduating, students earn a median of $41,697. San Juan College students take on a median of $16,150 in debt.
Eastern New Mexico University Main Campus ranked #8 on our 2027 list of the best colleges. Set in Portales, NM, Eastern New Mexico University Main Campus is a public institution. The six-year graduation rate is 39%. In-state tuition and fees run about $7,074, compared with $9,054 for out-of-state students. Eastern New Mexico University Main Campus graduates report median early-career earnings of $49,087. The median student debt is $19,277.
Central New Mexico Community College did well this year, earning the #9 position. This public school is set in Albuquerque, NM. In-state tuition and fees average $2,060, while out-of-state students pay about $8,684. Early-career graduates earn a median of $34,751. Students borrow a median of $10,112 to complete a degree here.
Mesalands Community College ranked #10 on our 2027 list of the best colleges. Located in Tucumcari, NM, Mesalands Community College is a public institution. Students from in state pay about $2,136 in tuition and fees, while out-of-state students pay about $3,408. Graduates go on to earn a median of $35,517 early in their careers.
Eastern New Mexico University Roswell Campus did well this year, earning the #11 position. Set in Roswell, NM, Eastern New Mexico University Roswell Campus is a public institution. The average in-state cost of tuition and fees is $2,256, with out-of-state students paying around $5,616. A year after graduating, students earn a median of $21,129. Students borrow a median of $11,110 to complete a degree here.
St Johns College New Mexico did well this year, earning the #12 position. This private not-for-profit school is set in Santa Fe, NM. St Johns College New Mexico posts a six-year graduation rate of 55%. Students from in state pay about $40,514 in tuition and fees. Median early-career earnings reach $23,029. Students borrow a median of $27,000 to complete a degree here.
University Of The Southwest came in at #13 in this year's ranking. Set in Hobbs, NM, University Of The Southwest is a private not-for-profit institution. University Of The Southwest posts a six-year graduation rate of 17%. Students from in state pay about $16,670 in tuition and fees. Graduates go on to earn a median of $45,907 early in their careers. Students borrow a median of $26,162 to complete a degree here.
Western New Mexico University landed the #14 spot in New Mexico this year. Based in Silver City, NM, Western New Mexico University is a public institution. Western New Mexico University posts a six-year graduation rate of 26%. Students from in state pay about $7,855 in tuition and fees, compared with $14,341 for out-of-state students. Early-career graduates earn a median of $48,366. Typical student debt is $27,425.
Northern New Mexico College did well this year, earning the #15 position. Set in Espanola, NM, Northern New Mexico College is a public institution. About 31% of students finish within six years. In-state tuition and fees run about $5,064, with out-of-state students paying around $14,328.
New Mexico State University Dona Ana ranked #16 on our 2027 list of the best colleges. Located in Las Cruces, NM, New Mexico State University Dona Ana is a public institution. In-state tuition and fees average $2,322, with out-of-state students paying around $6,360. Median early-career earnings reach $39,399. Typical student debt is $10,284.
Clovis Community College ranked #17 on our 2027 list of the best colleges. Clovis Community College is a public school based in Clovis, NM. In-state tuition and fees average $1,592, with out-of-state students paying around $3,344. Clovis Community College graduates report median early-career earnings of $44,390. Graduates carry a median of $11,082 in student loans.
Eastern New Mexico University Ruidoso Campus did well this year, earning the #18 position. Based in Ruidoso, NM, Eastern New Mexico University Ruidoso Campus is a public institution. In-state tuition and fees average $1,372, with out-of-state students paying around $3,268. A year after graduating, students earn a median of $21,129. The median student debt is $11,110.
New Mexico Junior College ranked #19 on our 2027 list of the best colleges. New Mexico Junior College is a public school based in Hobbs, NM. In-state tuition and fees average $1,440, while out-of-state students pay about $2,280. Graduates go on to earn a median of $50,220 early in their careers. Students borrow a median of $9,986 to complete a degree here.
Santa Fe Community College landed the #20 spot in New Mexico this year. Santa Fe Community College is a public school based in Santa Fe, NM. Students from in state pay about $1,851 in tuition and fees, while out-of-state students pay about $4,131. A year after graduating, students earn a median of $51,935. The median student debt is $15,267.
University Of New Mexico Gallup Campus came in at #21 in this year's ranking. Based in Gallup, NM, University Of New Mexico Gallup Campus is a public institution. The average in-state cost of tuition and fees is $2,906, compared with $5,682 for out-of-state students. Early-career graduates earn a median of $35,132. Typical student debt is $10,986.
University Of New Mexico Taos Campus did well this year, earning the #22 position. This public school is set in Ranchos de Taos, NM. Students from in state pay about $2,136 in tuition and fees, with out-of-state students paying around $5,136. Median early-career earnings reach $35,132. The median student debt is $10,986.
University Of New Mexico Valencia County Campus ranked #23 on our 2027 list of the best colleges. This public school is set in Los Lunas, NM. In-state tuition and fees run about $1,878, compared with $5,130 for out-of-state students. Early-career graduates earn a median of $35,132. University Of New Mexico Valencia County Campus students take on a median of $10,986 in debt.
New Mexico State University Grants landed the #24 spot in New Mexico this year. Set in Grants, NM, New Mexico State University Grants is a public institution. Expect in-state tuition and fees of around $2,136, with out-of-state students paying around $4,272. A year after graduating, students earn a median of $34,802. Graduates carry a median of $9,048 in student loans.
New Mexico State University Alamogordo placed #25 among the best colleges in New Mexico. Based in Alamogordo, NM, New Mexico State University Alamogordo is a public institution. In-state tuition and fees average $2,616, compared with $6,072 for out-of-state students. New Mexico State University Alamogordo graduates report median early-career earnings of $35,582. The median student debt is $8,872.
These 13 colleges rank #26 through #38 of 38 in New Mexico. These colleges rounded out the top of the list:
*These averages are for the top 25 ranked colleges only.
These rankings are produced by College Factual (MF_RANKING_2025), 2027 edition. Colleges are scored on a blend of student outcomes (graduation rate, post-graduation earnings), affordability, and per-student spending drawn primarily from the U.S. Department of Education (IPEDS and College Scorecard).
References
More about our data sources and methodologies.
