Median Earnings (1yr)
$61,611
5th percentile
Median Debt
$17,014
31% below national median
Debt-to-Earnings
0.28
Manageable
Sample Size
60
Adequate data

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

University of New Mexico-Main CampusOther mechanical 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 University of New Mexico-Main Campus graduates compare to all programs nationally

University of New Mexico-Main Campus graduates earn $62k, placing them in the 5th percentile of all mechanical 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

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

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of New Mexico-Main Campus$61,611$87,875$17,0140.28
New Mexico State University-Main Campus$62,813$91,131$18,7590.30
New Mexico Institute of Mining and Technology$57,424$90,393$19,5000.34
National Median$70,744—$24,7550.35

Other Mechanical Engineering Programs in New Mexico

Compare tuition, earnings, and debt across New Mexico schools

SchoolIn-State TuitionEarnings (1yr)Debt
New Mexico State University-Main Campus
Las Cruces
$8,147$62,813$18,759
New Mexico Institute of Mining and Technology
Socorro
$9,058$57,424$19,500

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.