38

University of New Mexico-Main Campus

Albuquerque, New Mexico · Public · 95.2% acceptance rate

ROI Score: 38/100 · Poor Value

University of New Mexico-Main Campus

Poor Value
38
ROI Score
Earnings Premium
30(0.16x)
Payback Period
25(20.6 yr)
Debt / Earnings
60(0.57)
Completion Rate
49(55%)
Repayment Rate
34(68%)

Quick Numbers

In-state tuition + fees$10,140/yr
Out-of-state tuition + fees$33,060/yr
Average net price$15,489/yr
Total 4-year cost (net)$61,956
Median earnings (10yr post-entry)$44,792
Median earnings (6yr post-entry)$32,600
Median debt at graduation$18,450
Estimated monthly loan payment$196
Estimated payback period20.6 years
6-year graduation rate54.7%
Undergraduate enrollment17,244

Data as of 2024-2025. Source: College Scorecard API (U.S. Department of Education).

Net Price by Family Income

What families actually pay after grants and scholarships, by income bracket.

Family IncomeAvg Net Price/Year
$0 - $30,000$11,938
$30,001 - $48,000$13,045
$48,001 - $75,000$16,196
$75,001 - $110,000$17,906
$110,001+$19,053

Earnings by Major

Top 10 most popular majors at University of New Mexico-Main Campus with available earnings data.

MajorMedian EarningsGrade
Business Administration, Management, and Operations$62,431B
Registered Nursing$86,559B+
Psychology$46,693C
Biology$51,987C
Liberal Arts and Sciences$47,770D
Teacher Education$50,231C+
Criminal Justice and Corrections$52,311B
Mechanical Engineering$94,990B+
Teacher Education, Subject-Specific$49,309C+
International Relations$52,569C+

Earnings reflect median 4-year post-completion (or 1-year where 4-year unavailable). Grades based on debt-to-earnings ratio.

The Full Financial Picture

The sticker price at University of New Mexico-Main Campus is $10,140/year ($33,060/year out-of-state). But sticker price isn't what most students pay. After grants, scholarships, and financial aid, the average student pays a net price of $15,489/year, or roughly $61,956 over four years.

That net price varies significantly by family income. The lowest-income families (under $30,000/year) pay an average of $11,938/year, while families earning over $110,000 pay $19,053/year.

The median graduate leaves with $18,450 in federal loan debt, translating to an estimated monthly payment of $196 on a standard 10-year repayment plan. Against median earnings of $44,792 ten years out, the debt-to-earnings ratio is 0.57 - within the recommended range but worth monitoring.

How Graduates Do

Earnings

6 years after entry$32,600
-$2,400 vs. HS grad
10 years after entry$44,792
+$9,792 vs. HS grad
Annual earnings premium$9,792
Over median HS graduate ($35,000)

Loan Repayment

MetricThis SchoolNat'l Avg
1-year repayment61.8%52.0%
3-year repayment67.9%62.0%
5-year repayment55.1%68.0%
7-year repayment64.0%72.0%

Completion Rate

0%National avg: 60.0%100%
54.7%
6-year rate

Admissions Snapshot

Acceptance rate95.2%
SAT Math (25th-75th)430-570
SAT Reading (25th-75th)460-600
ACT Composite (25th-75th)19-26
Enrollment17,244
Pell Grant recipients38.7%
Avg faculty salary (monthly)$11,446

Compared to Similar Schools

Peer institutions matched by type, size, and selectivity.

SchoolROINet Price10yr Earnings
University of New Mexico-Main Campus (this school)
38
$15,489$44,792
Metropolitan State University of Denver
46
$15,327$52,093
Western Kentucky University
34
$10,990$43,889
Eastern New Mexico University-Main Campus
34
$4,904$38,550
Georgia Gwinnett College
34
$15,844$47,730
Institute of American Indian and Alaska Native Culture and Arts Development
28
$12,570$24,505

The Verdict: The Numbers Don't Add Up

Poor Value

The financial data raises serious concerns about University of New Mexico-Main Campus. With a net cost of $15,489 per year and median graduate earnings of only $44,792 ten years out, the payback period stretches to 20.6 years. For most students, the financial return does not justify the cost.

Areas of concern include weak earnings relative to cost and concerning loan repayment rates and a long payback period.

Median debt of $18,450 against $44,792 in earnings is reasonable, though major choice matters significantly. Students in higher-earning programs will see better returns.

Rankings & Links

Guides & Tools

Data: College Scorecard API (U.S. Department of Education)

Vintage: 2024-2025 · Last updated: 2026-03-25

Earnings reflect median outcomes for all federal financial aid recipients. Individual results vary by major, effort, and career path.