Median Earnings (1yr)
$38,057
5th percentile (25th in NM)
Median Debt
$14,750
41% below national median
Debt-to-Earnings
0.39
Manageable
Sample Size
24
Limited data

Analysis

New Mexico State's accounting program shows first-year graduates earning $38,057—significantly below both the state median of $45,318 and the national median of $53,694. This lands in just the 5th percentile nationally, which is concerning even accounting for the program's small sample size of under 30 graduates. Within New Mexico's seven accounting programs, it ranks in the 25th percentile, notably trailing Eastern New Mexico University where graduates start at $52,579.

The silver lining is aggressive earnings growth: salaries jump 40% to $53,098 by year four, eventually reaching competitive levels. The debt burden of $14,750 is also manageable—well below both state and national medians—yielding a debt-to-earnings ratio of 0.39 that makes the debt easily serviceable even during that weaker first year. For context, typical accounting programs nationally carry $25,000 in debt.

The real question is whether that slow start matters for your child's specific situation. If they plan to stay in New Mexico and can weather lower initial paychecks (perhaps by living at home), the combination of low debt and eventual catch-up growth could work. However, if immediate earnings matter—whether for independence or loan repayment—this program appears to lag its in-state competitors from day one. With limited sample data, these patterns could shift year to year, but the current picture suggests exploring Eastern New Mexico or out-of-state options if strong starting salaries are the priority.

Where New Mexico State University-Main Campus Stands

Earnings vs. debt across all accounting bachelors's programs nationally

New Mexico State University-Main CampusOther accounting programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How New Mexico State University-Main Campus graduates compare to all programs nationally

New Mexico State University-Main Campus graduates earn $38k, placing them in the 5th percentile of all accounting bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in New Mexico

Accounting bachelors's programs at peer institutions in New Mexico (7 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
New Mexico State University-Main Campus$38,057$53,098$14,7500.39
Eastern New Mexico University-Main Campus$52,579$57,219$19,1050.36
National Median$53,694—$25,0000.47

Other Accounting Programs in New Mexico

Compare tuition, earnings, and debt across New Mexico schools

SchoolIn-State TuitionEarnings (1yr)Debt
Eastern New Mexico University-Main Campus
Portales
$6,863$52,579$19,105

About This Data

Source: U.S. Department of Education College Scorecard (October 2025 release)

Population: Graduates who received federal financial aid (Title IV grants or loans). At New Mexico State University-Main Campus, approximately 40% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.

Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.

Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.

Sample Size: Based on 24 graduates with reported earnings and 42 graduates with debt data. Small samples may not be representative.