Median Earnings (1yr)
$68,002
12th percentile
Median Debt
$24,537
2% below national median
Debt-to-Earnings
0.36
Manageable
Sample Size
24
Limited data

Analysis

New Mexico State's aerospace engineering program produces graduates earning $68,000 initially—below the $72,000 national median for this field—but with notably lower debt than typical engineering students. The 36% debt-to-earnings ratio is manageable, and since this is the only aerospace program in New Mexico, it offers an accessible in-state option for students who might not gain admission to more selective programs elsewhere (NMSU admits 76% of applicants with average SATs around 1000).

The critical question is whether these below-average starting salaries catch up over time. The jump to $90,600 by year four suggests yes—that's 33% growth and puts graduates solidly in the mid-career range for engineers. However, these figures come from a very small sample (under 30 graduates), which means a few unusually successful or unsuccessful individuals could skew the picture significantly. The 12th percentile national ranking is concerning, but context matters: aerospace engineering is concentrated at flagship universities and elite programs, so a regional public university naturally falls lower in national comparisons.

For families choosing between NMSU's in-state tuition and out-of-state aerospace programs, the calculation hinges on cost differential. The modest debt load is an advantage if it means graduating with $24,500 rather than $50,000+ in loans from a pricier school. But students with strong credentials should weigh whether more competitive programs might open doors to higher-paying aerospace employers or defense contractors that recruit more aggressively at top-tier engineering schools.

Where New Mexico State University-Main Campus Stands

Earnings vs. debt across all aerospace, aeronautical and astronautical engineering bachelors's programs nationally

New Mexico State University-Main CampusOther aerospace, aeronautical and astronautical engineering 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 $68k, placing them in the 12th percentile of all aerospace, aeronautical and astronautical engineering 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

Aerospace, Aeronautical and Astronautical Engineering bachelors's programs at peer institutions in New Mexico

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
New Mexico State University-Main Campus$68,002$90,598$24,5370.36
National Median$72,210—$25,0000.35

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 24 graduates with debt data. Small samples may not be representative.