Best ROI Colleges in New Mexico

Looking for value in New Mexico? Start here. We ranked these colleges by ROI - earnings premium (30%), payback period (25%), debt-to-earnings (20%), completion rate (15%), and loan repayment (10%) - all from U.S. Department of Education data, with no prestige guesswork in the mix.

10 schools ranked

Data: 2024-25 College Scorecard release

#SchoolROI
1New Mexico Institute of Mining and Technology
Socorro, NM
89
2St. John's College
Santa Fe, NM
45
3New Mexico Highlands University
Las Vegas, NM
39
4University of New Mexico-Main Campus
Albuquerque, NM
38
5Eastern New Mexico University-Main Campus
Portales, NM
34
6New Mexico State University-Main Campus
Las Cruces, NM
31
7Institute of American Indian and Alaska Native Culture and Arts Development
Santa Fe, NM
28
8University of the Southwest
Hobbs, NM
27
9Brookline College-Albuquerque
Albuquerque, NM
24
10Western New Mexico University
Silver City, NM
17

How We Rank

Rankings are based on our ROI score (0-100), which weights five quantifiable factors: Earnings Premium (30%), Payback Period (25%), Debt-to-Earnings (20%), Completion Rate (15%), and Loan Repayment (10%). All data comes from the U.S. Department of Education College Scorecard. No subjective criteria are used.

Full methodology →

Common Questions

What is the best best-ROI college in New Mexico?

New Mexico Institute of Mining and Technology tops this list at 89/100 on our ROI scale, the highest among the 10 schools ranked here. Rankings weigh net price against median graduate earnings from U.S. Department of Education College Scorecard data - no prestige guesswork.

Which school on this list has the highest graduate earnings?

New Mexico Institute of Mining and Technology reports the highest median earnings here, about $76,489 ten years after enrollment. In our view higher earnings alone don't make the best value, since what you pay matters just as much - which is why the ranking weighs cost too.

What is the most affordable school on this list?

Eastern New Mexico University-Main Campus carries the lowest net price among the ranked schools, about $4,904 a year after grants and scholarships. Net price is what students actually pay, not the published sticker price.

How are these schools ranked?

We score every school 0 to 100 on five quantifiable factors: earnings premium (30%), payback period (25%), debt-to-earnings (20%), completion rate (15%), and loan repayment (10%). All figures come from the U.S. Department of Education College Scorecard, with no subjective reputation scoring. Of the 10 schools here, 1 earn an ROI score of 60 or higher.