2022 best colleges in New Mexico best-colleges

New Mexico’s two flagship universities, New Mexico State University and the University of New Mexico, provide a range of social activities and boast highly diverse campuses. Heavily influenced by Native American culture and history, the state is also home to the Institute of American Indian Arts, which aims to strengthen tribal nations and education as a member of the American Indian Higher Education Consortium. Other members of the AIHEC include Navajo Technical University, which established the first veterinary technician program on an Indian reservation.

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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.

Net cost
Earnings
Payback
Degree premium
Rankings
Ranking methodology
#1 in New Mexico

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

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#2 in New Mexico

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

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#3 in New Mexico

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

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#4 in New Mexico

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

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#5 in New Mexico

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

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#6 in New Mexico

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

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#7 in New Mexico

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

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#8 in New Mexico

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

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#9 in New Mexico

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

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#10 in New Mexico

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

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#11 in New Mexico

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

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#12 in New Mexico

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

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#13 in New Mexico

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

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#14 in New Mexico

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

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#15 in New Mexico

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

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#16 in New Mexico

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

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#17 in New Mexico

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

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#18 in New Mexico

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

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#19 in New Mexico

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

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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

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