Median Earnings (1yr)
$31,466
50th percentile (60th in NM)
Median Debt
$20,475
20% below national median
Debt-to-Earnings
0.65
Manageable
Sample Size
374
Adequate data

Analysis

UNM's psychology program offers solid value within New Mexico's limited landscape, ranking in the 60th percentile statewide with graduates earning $31,466 in their first year—about $4,000 more than the state median. While this matches the national average precisely, the real advantage lies in the debt picture: graduates typically owe $20,475, which is $5,000 less than the national median for psychology programs.

The debt-to-earnings ratio of 0.65 means graduates can realistically manage their loan payments, and earnings growth of 24% over four years shows promising career trajectory. Among the seven schools offering psychology in New Mexico, UNM performs competitively, trailing only Western New Mexico by a small margin while significantly outpacing larger state competitors like NMSU.

For families considering psychology degrees in New Mexico, UNM represents the sweet spot of reasonable debt and decent earning potential. The program won't launch your child into high-income territory immediately, but it provides a stable foundation with manageable financial obligations—particularly valuable given the field's typical requirement for graduate school to maximize earning potential.

Where University of New Mexico-Main Campus Stands

Earnings vs. debt across all psychology bachelors's programs nationally

University of New Mexico-Main CampusOther psychology 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 $31k, placing them in the 50th percentile of all psychology 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

Psychology bachelors's programs at peer institutions in New Mexico (7 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of New Mexico-Main Campus$31,466$38,925$20,4750.65
Western New Mexico University$31,591—$27,5000.87
New Mexico Highlands University$27,483—$9,8940.36
New Mexico State University-Main Campus$26,250$34,534$17,7250.68
Eastern New Mexico University-Main Campus$19,844$31,615$20,0501.01
National Median$31,482—$25,5000.81

Other Psychology Programs in New Mexico

Compare tuition, earnings, and debt across New Mexico schools

SchoolIn-State TuitionEarnings (1yr)Debt
Western New Mexico University
Silver City
$7,868$31,591$27,500
New Mexico Highlands University
Las Vegas
$7,260$27,483$9,894
New Mexico State University-Main Campus
Las Cruces
$8,147$26,250$17,725
Eastern New Mexico University-Main Campus
Portales
$6,863$19,844$20,050

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 374 graduates with reported earnings and 440 graduates with debt data. Small samples may not be representative.