College ROI Report
Updated 2024
Best-value Colleges in New Mexico
Students attend school in the Land of Enchantment for a number of reasons.
Many are drawn there for its great values for higher education — overall, New Mexico colleges have some of the highest college ROIs in the country. Others choose to matriculate in New Mexico because of its incredible natural beauty and several bustling, vibrant cities and towns.
| Rank | School Name | 20 Year Net ROI | Total 4 Year Cost | Graduation Rate | Typical Years to Graduate | Average Loan Amount |
|---|---|---|---|---|---|---|
| Rank:1 | School Name: | 20 Year Net ROI:$840,000 | Total 4 Year Cost:$88,300 | Graduation Rate:55% | Typical Years to Graduate:4 | Average Loan Amount:$19,700 |
| Rank:2 | School Name:_50px.png) New Mexico Institute of Mining and Technology (Out-of-State) | 20 Year Net ROI:$776,000 | Total 4 Year Cost:$153,000 | Graduation Rate:55% | Typical Years to Graduate:4 | Average Loan Amount:$19,700 |
| Rank:3 | School Name: New Mexico State University-Main Campus (In-State) | 20 Year Net ROI:$446,000 | Total 4 Year Cost:$93,900 | Graduation Rate:51% | Typical Years to Graduate:5 | Average Loan Amount:$17,700 |
| Rank:4 | School Name:New Mexico State University-Main Campus (Out-of-State) | 20 Year Net ROI:$380,000 | Total 4 Year Cost:$160,000 | Graduation Rate:51% | Typical Years to Graduate:5 | Average Loan Amount:$17,700 |
| Rank:5 | School Name:_50px.png) University of New Mexico-Main Campus (In-State) | 20 Year Net ROI:$374,000 | Total 4 Year Cost:$95,500 | Graduation Rate:52% | Typical Years to Graduate:4 | Average Loan Amount:$22,900 |
| Rank:6 | School Name:University of New Mexico-Main Campus (Out-of-State) | 20 Year Net ROI:$307,000 | Total 4 Year Cost:$163,000 | Graduation Rate:52% | Typical Years to Graduate:4 | Average Loan Amount:$22,900 |
| Rank:7 | School Name: Eastern New Mexico University-Main Campus (In-State) | 20 Year Net ROI:$213,000 | Total 4 Year Cost:$79,500 | Graduation Rate:41% | Typical Years to Graduate:5 | Average Loan Amount:$19,900 |
| Rank:8 | School Name:Eastern New Mexico University-Main Campus (Out-of-State) | 20 Year Net ROI:$205,000 | Total 4 Year Cost:$87,600 | Graduation Rate:41% | Typical Years to Graduate:5 | Average Loan Amount:$19,900 |
| Rank:9 | School Name: St. John's College (Private) | 20 Year Net ROI:$199,000 | Total 4 Year Cost:$206,000 | Graduation Rate:72% | Typical Years to Graduate:4 | Average Loan Amount:$22,000 |
| Rank:10 | School Name:New Mexico Highlands University (In-State) | 20 Year Net ROI:$181,000 | Total 4 Year Cost:$82,600 | Graduation Rate:25% | Typical Years to Graduate:5 | Average Loan Amount:$18,100 |
The New Mexico College ROI Report allows students and their families to identify the New Mexico colleges and universities that provide the best return on investment for their educational dollars. Whatever it is that makes you want to attend college in this fascinating state, consider using Payscale’s data to zero in on the best value colleges in New Mexico before submitting any applications.
Located in Las Cruces, New Mexico, New Mexico State University is the oldest and second-largest university in the state. Made up of eight colleges and a graduate school, New Mexico State University offers 87 baccalaureate degree programs and 51 master’s degree programs.
The University of New Mexico provides a college return on investment New Mexico residents can use to establish strong, successful careers. Founded in 1889, its 600-acre campus is located just a mile east of downtown Albuquerque. UNM is made up of 12 colleges and schools, and its School of Engineering is consistently highly ranked. This bustling public university has produced many prominent alumni, including NFL players, state governors, district court judges and mayors of major U.S. cities.
A relatively inexpensive school, Eastern New Mexico University provides a big bang for your buck. Located in Portales, New Mexico, Eastern 344-acre campus is about three-and-a-half hours east of Albuquerque, affording students plenty of opportunities for outdoor adventure. Since 1934, the school has been providing a value of college education New Mexico residents can use to build strong careers.
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