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
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| 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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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $8,115 | $61,611 | $87,875 | $17,014 | 0.28 | |
| $8,147 | $62,813 | $91,131 | $18,759 | 0.30 | |
| $9,058 | $57,424 | $90,393 | $19,500 | 0.34 | |
| National Median | — | $70,744 | — | $24,755 | 0.35 |
Career Paths
Occupations commonly associated with mechanical engineering graduates
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Aerospace Engineers
Mechanical Engineers
Fuel Cell Engineers
Automotive Engineers
Engineering Teachers, Postsecondary
Cost Estimators
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.