Median Earnings (1yr)
$75,766
62nd percentile
Median Debt
$15,000
35% below national median

Analysis

New Mexico State's chemical engineering program costs students remarkably little—$15,000 in median debt is 35% below the national median for this major—while delivering first-year earnings of $75,766 that climb to nearly $89,000 by year four. That's a debt-to-earnings ratio of 0.20, meaning graduates earn roughly five times their debt right out of the gate. Among New Mexico's three chemical engineering programs, NMSU sits in the middle for earnings but ties for the lowest debt, creating what appears to be the strongest value equation in the state. The program also performs slightly above the national median, despite the university's 76% admission rate and modest SAT scores.

The caveat here matters: we're looking at fewer than 30 graduates, so these figures could swing considerably with a larger sample. Chemical engineering cohorts at regional universities are often small, but that means any given year's outcomes might not predict the next. Still, the fundamentals make sense—strong earnings growth, manageable debt, and outcomes that suggest NMSU's graduates compete effectively for engineering jobs despite the school's open-access profile.

For families concerned about debt, this represents one of the more affordable paths to a chemical engineering degree. The earnings trajectory shows steady growth rather than early stagnation, and even the first-year salary would allow aggressive loan repayment if needed. Just recognize you're betting on a limited data set.

Where New Mexico State University-Main Campus Stands

Earnings vs. debt across all chemical engineering bachelors's programs nationally

Earnings Distribution

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

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
New Mexico State University-Main Campus$75,766$88,962+17%
Rice University$87,830$108,850+24%
University of California-Berkeley$81,553$108,067+33%
University of Pennsylvania$81,721$107,816+32%
University of New Mexico-Main Campus$62,907$78,992+26%

Compare to Similar Programs in New Mexico

Chemical Engineering bachelors's programs at peer institutions in New Mexico (3 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
New Mexico State University-Main CampusLas Cruces$8,147$75,766$88,962$15,0000.20
University of New Mexico-Main CampusAlbuquerque$8,115$62,907$78,992$20,1870.32
New Mexico Institute of Mining and TechnologySocorro$9,058$57,215$14,2500.25
National Median$72,974$23,2500.32

Career Paths

Occupations commonly associated with chemical engineering graduates

Architectural and Engineering Managers

Plan, direct, or coordinate activities in such fields as architecture and engineering or research and development in these fields.

$167,740/yrJobs growth:Bachelor's degree

Biofuels/Biodiesel Technology and Product Development Managers

Define, plan, or execute biofuels/biodiesel research programs that evaluate alternative feedstock and process technologies with near-term commercial potential.

$167,740/yrJobs growth:Bachelor's degree

Chemical Engineers

Design chemical plant equipment and devise processes for manufacturing chemicals and products, such as gasoline, synthetic rubber, plastics, detergents, cement, paper, and pulp, by applying principles and technology of chemistry, physics, and engineering.

$121,860/yrJobs growth:Bachelor's degree

Bioengineers and Biomedical Engineers

Apply knowledge of engineering, biology, chemistry, computer science, and biomechanical principles to the design, development, and evaluation of biological, agricultural, and health systems and products, such as artificial organs, prostheses, instrumentation, medical information systems, and health management and care delivery systems.

$106,950/yrJobs growth:Bachelor's degree

Engineering Teachers, Postsecondary

Teach courses pertaining to the application of physical laws and principles of engineering for the development of machines, materials, instruments, processes, and services. Includes teachers of subjects such as chemical, civil, electrical, industrial, mechanical, mineral, and petroleum engineering. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Engineers, All Other

All engineers not listed separately.

Energy Engineers, Except Wind and Solar

Design, develop, or evaluate energy-related projects or programs to reduce energy costs or improve energy efficiency during the designing, building, or remodeling stages of construction. May specialize in electrical systems; heating, ventilation, and air-conditioning (HVAC) systems; green buildings; lighting; air quality; or energy procurement.

Mechatronics Engineers

Research, design, develop, or test automation, intelligent systems, smart devices, or industrial systems control.

Microsystems Engineers

Research, design, develop, or test microelectromechanical systems (MEMS) devices.

Photonics Engineers

Design technologies specializing in light information or light energy, such as laser or fiber optics technology.

Robotics Engineers

Research, design, develop, or test robotic applications.

Nanosystems Engineers

Design, develop, or supervise the production of materials, devices, or systems of unique molecular or macromolecular composition, applying principles of nanoscale physics and electrical, chemical, or biological engineering.

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 26 graduates with reported earnings and 29 graduates with debt data. Small samples may not be representative.