Median Earnings (1yr)
$61,611
5th percentile
Median Debt
$17,014
31% below national median

Analysis

UNM's mechanical engineering program achieves something uncommon: it delivers exceptional debt outcomes without sacrificing long-term earning potential. Graduates carry just $17,014 in debt—far below the national median of $24,755—and see their earnings jump 43% by year four to nearly $88,000. That debt-to-earnings ratio of 0.28 means new graduates owe less than four months' salary, giving them financial flexibility most engineers don't enjoy.

The state comparison reveals why this matters for New Mexico families. While starting salaries here ($61,611) lag the national median by about $9,000—reflecting New Mexico's lower cost of living and regional wage patterns—UNM's program performs solidly within the state at the 60th percentile. More importantly, it's competitive with New Mexico State while maintaining significantly lower debt. The aggressive earnings trajectory suggests graduates are securing quality positions that reward experience, likely in aerospace, national labs, or energy sectors where New Mexico has genuine industry clusters.

For families prioritizing minimal debt and staying in-state, this program delivers clear value. The modest starting salary is largely a function of geography rather than program quality, and the strong earnings growth by year four indicates graduates are building viable engineering careers. The high admission rate and accessible price point make this particularly appealing for students who need an affordable path into mechanical engineering.

Where University of New Mexico-Main Campus Stands

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

Earnings Distribution

How University of New Mexico-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
University of New Mexico-Main Campus$61,611$87,875+43%
Duke University$89,938$101,532+13%
California State University Maritime Academy$92,315$101,325+10%
New Mexico State University-Main Campus$62,813$91,131+45%
New Mexico Institute of Mining and Technology$57,424$90,393+57%

Compare to Similar Programs in New Mexico

Mechanical Engineering bachelors's programs at peer institutions in New Mexico (4 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of New Mexico-Main CampusAlbuquerque$8,115$61,611$87,875$17,0140.28
New Mexico State University-Main CampusLas Cruces$8,147$62,813$91,131$18,7590.30
New Mexico Institute of Mining and TechnologySocorro$9,058$57,424$90,393$19,5000.34
National Median$70,744$24,7550.35

Career Paths

Occupations commonly associated with mechanical 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

Aerospace Engineers

Perform engineering duties in designing, constructing, and testing aircraft, missiles, and spacecraft. May conduct basic and applied research to evaluate adaptability of materials and equipment to aircraft design and manufacture. May recommend improvements in testing equipment and techniques.

$134,830/yrJobs growth:Bachelor's degree

Mechanical Engineers

Perform engineering duties in planning and designing tools, engines, machines, and other mechanically functioning equipment. Oversee installation, operation, maintenance, and repair of equipment such as centralized heat, gas, water, and steam systems.

$102,320/yrJobs growth:Bachelor's degree

Fuel Cell Engineers

Design, evaluate, modify, or construct fuel cell components or systems for transportation, stationary, or portable applications.

$102,320/yrJobs growth:Bachelor's degree

Automotive Engineers

Develop new or improved designs for vehicle structural members, engines, transmissions, or other vehicle systems, using computer-assisted design technology. Direct building, modification, or testing of vehicle or components.

$102,320/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:

Cost Estimators

Prepare cost estimates for product manufacturing, construction projects, or services to aid management in bidding on or determining price of product or service. May specialize according to particular service performed or type of product manufactured.

$77,070/yrJobs growth:Bachelor's degree
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.

Sample Size: Based on 60 graduates with reported earnings and 70 graduates with debt data. Small samples may not be representative.