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