With all of the graduate school options in New Mexico, narrowing things down is no easy task. This list ranks **4** graduate schools by overall quality and student outcomes, using our 2027 methodology.
So you can compare your options, College Factual analyzed 4 graduate schools using more than 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.
Early-Career Salaries
Here is the early-career salary range across the top-ranked graduate schools:
New Mexico Institute Of Mining And Technology tops our 2027 ranking of the best graduate schools in New Mexico. This public school is set in Socorro, NM. New Mexico Institute Of Mining And Technology posts a six-year graduation rate of 57%. Expect in-state tuition and fees of around $9,476, with out-of-state students paying around $27,247. Graduates go on to earn a median of $64,561 early in their careers. Students borrow a median of $18,747 to complete a degree here.
University Of New Mexico Main Campus came in at #2 on this year's Best Graduate Schools ranking in New Mexico. This public school is set in Albuquerque, NM. The six-year graduation rate is 54%. Expect in-state tuition and fees of around $10,140, while out-of-state students pay about $33,060. Median early-career earnings reach $49,983. Students borrow a median of $19,738 to complete a degree here.
New Mexico State University Main Campus came in at #3 on this year's Best Graduate Schools ranking in New Mexico. 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. New Mexico State University Main Campus students take on a median of $19,026 in debt.
You'll be in good company at University Of The Southwest, which ranked #4 this year. University Of The Southwest is a private not-for-profit school based in Hobbs, NM. University Of The Southwest posts a six-year graduation rate of 17%. Expect in-state tuition and fees of around $16,670. University Of The Southwest graduates report median early-career earnings of $45,907. Students borrow a median of $26,162 to complete a degree here.
*These averages are for the top 25 ranked graduate schools only.
These rankings are produced by College Factual (MF_RANKING_2025), 2027 edition. Graduate schools 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).