Based on U.S. Department of Education data (October 2025 release). Some figures are estimates based on similar programs — see details below.
Analysis
Engineering graduates from UNM face a practical question: Can typical engineering salaries offset the debt load? Based on comparable bachelor's engineering programs nationally, first-year earnings around $68,000 appear solid—matching the national median for this field. With estimated debt near $26,000, the debt-to-earnings ratio of 0.38 suggests manageable repayment, roughly equivalent to 5 months of gross income.
The challenge here is uncertainty. As New Mexico's only public research university offering this major, UNM doesn't have in-state peers for comparison, and the limited graduate sample means we're relying entirely on national patterns rather than school-specific outcomes. Engineering programs typically produce reliable returns, but local job market conditions matter significantly. New Mexico's economy—heavily weighted toward national labs, energy, and government contractors—may offer different opportunities than the national average suggests.
For families weighing this investment, the estimated numbers point toward a workable financial outcome if your child completes the degree and secures engineering employment. The real risk isn't the debt level—it's whether UNM's specific program connects students effectively to regional employers and whether graduates stay in New Mexico's smaller engineering job market or migrate elsewhere. Before committing, contact the engineering department directly about graduate outcomes, job placement rates, and relationships with Sandia Labs, Los Alamos, and other major regional employers.
Where University of New Mexico-Main Campus Stands
Earnings vs. debt across all engineering bachelors's programs nationally
Compare to Similar Programs Nationally
Engineering bachelors's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $8,115 | $67,911* | — | $25,832* | — | |
| $64,458 | $109,455* | $114,228 | $14,512* | 0.13 | |
| $66,255 | $92,491* | $103,969 | $22,240* | 0.24 | |
| $68,230 | $86,416* | $87,937 | $14,500* | 0.17 | |
| $15,247 | $82,956* | $104,701 | $15,000* | 0.18 | |
| $41,010 | $78,211* | — | $27,000* | 0.35 | |
| National Median | — | $67,911* | — | $26,056* | 0.38 |
Career Paths
Occupations commonly associated with engineering graduates
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Engineering Teachers, Postsecondary
Engineers, All Other
Energy Engineers, Except Wind and Solar
Mechatronics Engineers
Microsystems Engineers
Photonics Engineers
Robotics Engineers
Nanosystems Engineers
Wind Energy Engineers
Solar Energy Systems Engineers
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 University of New Mexico-Main Campus, approximately 36% 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.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the national median of 47 similar programs. Actual outcomes may vary.