Chemical Engineering at New Mexico State University-Main Campus
Bachelor's Degree
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
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 $76k, placing them in the 62th percentile of all chemical 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
Chemical Engineering bachelors's programs at peer institutions in New Mexico (3 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| New Mexico State University-Main Campus | $75,766 | $88,962 | $15,000 | 0.20 |
| University of New Mexico-Main Campus | $62,907 | $78,992 | $20,187 | 0.32 |
| New Mexico Institute of Mining and Technology | $57,215 | — | $14,250 | 0.25 |
| National Median | $72,974 | — | $23,250 | 0.32 |
Other Chemical Engineering Programs in New Mexico
Compare tuition, earnings, and debt across New Mexico schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| University of New Mexico-Main Campus Albuquerque | $8,115 | $62,907 | $20,187 |
| New Mexico Institute of Mining and Technology Socorro | $9,058 | $57,215 | $14,250 |
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.