2023 best colleges in New Mexico

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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#1 in New Mexico | #270 in Business nationally

University of New Mexico

Albuquerque, New Mexico

Economic score: 2.90

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $14,424

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 3 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $46,959

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: + $1,258

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 97%
Graduation rate: 58%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#2 in New Mexico | #285 in Business nationally

New Mexico State University

Las Cruces, New Mexico

Economic score: 2.97

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $10,428

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 2.7 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $42,301

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $3,742

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 57%
Graduation rate: 55%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

New Mexico Highlands University

Las Vegas, New Mexico

Economic score: 2.19

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $9,518

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 2.1 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $42,964

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $2,565

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: N/A
Graduation rate: 39%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

Northern New Mexico College

Espanola, New Mexico

Economic score: 2.97

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $8,796

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 2.3 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $35,060

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $9,935

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: N/A
Graduation rate: 27%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

Eastern New Mexico University

Portales, New Mexico

Economic score: 3.78

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $8,961

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 3 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $36,474

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $9,240

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 33%
Graduation rate: 48%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

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How long does it take me to repay a bachelor's degree in business administration in New Mexico?

Years

3.1 years

The cost of the average bachelor's degree in business administration in New Mexico is covered by the new earnings of graduates in 3.1 years.

How much do graduates with bachelor's degree in business administration earn in New Mexico?

Salary

$44,915

The median bachelor's degree in business administration graduate earns $44,915 3 years after graduating.

How much does a bachelor's degree in business administration cost in New Mexico?

Net cost

$13,468

The average annual cost of a bachelor's degree in business administration is $13,468. This is the net cost and considers only students that have received Title IV funds.