2022 best colleges in New Mexico 
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New Mexico
Net cost: The median annual cost of all students that receive any aid. This does not refer to the “sticker price”, the price listed by the college.
Earnings: The median earnings of all bachelor-level students 10 years after enrollment. This includes both students that do and do not graduate, across all majors.
Payback: The amount of time in years it takes to pay off the median net cost by the median earnings. For this calculation, the median earning of high school graduates (in the school’s home state) are deducted from the median earnings.
Degree premium: The difference between the school’s median earnings and the median earnings for all schools in the same state. This is called “Vs. state average” in school profiles below.
Ranking: The payback rate is divided by the degree premium (set as a percentage), the lower the number the higher the rank. (i.e. payback=1, degree premium 20% higher than state school median: 1/120% = .883.
New Mexico Institute of Mining and Technology
Socorro, New Mexico
Admission rate: 97%
Grad rate: 56%
Net cost: $14,595
Payback: 1.6 Years
Earnings: $64,650
Vs. state average: + $25,475
Economic score: 0.99
Go to School
Eastern New Mexico University-Roswell Campus
Roswell, New Mexico
Admission rate: N/A
Grad rate: 36%
Net cost: $5,433
Payback: 2.5 Years
Earnings: $33,395
Vs. state average: - $5,780
Economic score: 2.97
Go to School
New Mexico State University-Main Campus
Las Cruces, New Mexico
Admission rate: 63%
Grad rate: 53%
Net cost: $8,659
Payback: 3.0 Years
Earnings: $36,683
Vs. state average: - $2,492
Economic score: 3.18
Go to School
New Mexico Highlands University
Las Vegas, New Mexico
Admission rate: N/A
Grad rate: 38%
Net cost: $9,661
Payback: 3.2 Years
Earnings: $36,696
Vs. state average: - $2,479
Economic score: 3.41
Go to School
University of New Mexico-Main Campus
Albuquerque, New Mexico
Admission rate: 97%
Grad rate: 52%
Net cost: $14,446
Payback: 4.6 Years
Earnings: $41,674
Vs. state average: + $2,499
Economic score: 4.29
Go to School
University of the Southwest
Hobbs, New Mexico
Admission rate: N/A
Grad rate: 34%
Net cost: $20,850
Payback: 5.1 Years
Earnings: $43,241
Vs. state average: + $4,066
Economic score: 4.64
Go to School
Eastern New Mexico University-Main Campus
Portales, New Mexico
Admission rate: 51%
Grad rate: 46%
Net cost: $9,516
Payback: 4.0 Years
Earnings: $33,395
Vs. state average: - $5,780
Economic score: 4.74
Go to School
St. John's College
Santa Fe, New Mexico
Admission rate: 69%
Grad rate: 65%
Net cost: $39,228
Payback: 9.6 Years
Earnings: $43,203
Vs. state average: + $4,028
Economic score: 8.75
Go to School
Institute of American Indian and Alaska Native Culture and Arts Development
Santa Fe, New Mexico
Admission rate: 100%
Grad rate: 44%
Net cost: $12,607
Payback: 16.2 Years
Earnings: $26,448
Vs. state average: - $12,727
Economic score: 23.93
Go to School
University of New Mexico-Gallup Campus
Gallup, New Mexico
Admission rate: N/A
Grad rate: 14%
Net cost: $6,622
Payback: 1.1 Years
Earnings: $41,674
Vs. state average: + $2,499
Economic score: 1.01
Go to School
New Mexico State University-Grants
Grants, New Mexico
Admission rate: N/A
Grad rate: 17%
Net cost: $5,388
Payback: 1.1 Years
Earnings: $36,683
Vs. state average: - $2,492
Economic score: 1.14
Go to School
University of New Mexico-Valencia County Campus
Los Lunas, New Mexico
Admission rate: N/A
Grad rate: 15%
Net cost: $8,151
Payback: 1.3 Years
Earnings: $41,674
Vs. state average: + $2,499
Economic score: 1.26
Go to School
University of New Mexico-Taos Campus
Ranchos de Taos, New Mexico
Admission rate: N/A
Grad rate: 18%
Net cost: $8,786
Payback: 1.4 Years
Earnings: $41,674
Vs. state average: + $2,499
Economic score: 1.31
Go to School
New Mexico State University-Dona Ana
Las Cruces, New Mexico
Admission rate: N/A
Grad rate: 23%
Net cost: $5,539
Payback: 1.3 Years
Earnings: $36,683
Vs. state average: - $2,492
Economic score: 1.39
Go to School
New Mexico State University-Alamogordo
Alamogordo, New Mexico
Admission rate: N/A
Grad rate: 17%
Net cost: $5,693
Payback: 1.3 Years
Earnings: $36,683
Vs. state average: - $2,492
Economic score: 1.42
Go to School
University of New Mexico-Los Alamos Campus
Los Alamos, New Mexico
Admission rate: N/A
Grad rate: 18%
Net cost: $11,136
Payback: 1.7 Years
Earnings: $41,674
Vs. state average: + $2,499
Economic score: 1.64
Go to School
New Mexico State University-Carlsbad
Carlsbad, New Mexico
Admission rate: N/A
Grad rate: 15%
Net cost: $7,715
Payback: 1.7 Years
Earnings: $36,683
Vs. state average: - $2,492
Economic score: 1.81
Go to School
Eastern New Mexico University Ruidoso Branch Community College
Ruidoso, New Mexico
Admission rate: N/A
Grad rate: 13%
Net cost: $5,441
Payback: 1.6 Years
Earnings: $33,395
Vs. state average: - $5,780
Economic score: 1.90
Go to School
Western New Mexico University
Silver City, New Mexico
Admission rate: N/A
Grad rate: 31%
Net cost: $12,411
Payback: 5.4 Years
Earnings: $33,938
Vs. state average: - $5,237
Economic score: 6.27
Go to School
Southwestern College
Santa Fe, New Mexico
Admission rate: N/A
Grad rate: N/A
Net cost: N/A
Payback: N/A
Earnings: N/A
Vs. state average: N/A
Economic score: N/A
Go to School