State 33 Colleges 28 Public 21 Community

Colleges in New Mexico

Ranked, compared, and filtered by real data: costs, outcomes, and admissions

About New Mexico

New Mexico has the highest percentage of Hispanic students enrolled in higher education of any state in the country, and both the University of New Mexico and New Mexico State have held Hispanic-Serving Institution designation for decades, building programs that reflect the demographics they actually serve.

The state is also home to tribal colleges that integrate traditional cultural knowledge with accredited academic credentials, serving Native American communities across a landscape that includes dozens of sovereign nations.

New Mexico

By Ownership

Public 28
Nonprofit 2
For-Profit 3

By Type

4-Year 12
2-Year 21

Why Study in New Mexico?

PROS
  • Lottery Success Scholarship New Mexico Lottery Success Scholarship provides tuition assistance for qualifying residents at public colleges.
  • Leading Hispanic-Serving state Highest percentage of Hispanic-enrolled students of any state — HSIs lead and are well resourced here.
  • Tribal college network Tribal college network serves Native American communities across sovereign nation territory with accredited programs.
  • STEM defense & energy industries Aerospace, defense, and energy industries in Albuquerque create strong STEM career pipelines for graduates.
CONS
  • Poor educational attainment outcomes New Mexico consistently ranks near the bottom in educational attainment outcomes and graduate retention.
  • Thin private-sector job market The job market outside federal labs, healthcare, and government is thin for graduates in many degree fields.
  • Brain drain to larger cities Brain drain toward Denver and Phoenix is common among graduates seeking private-sector professional careers.

How New Mexico Compares

See how New Mexico's colleges compare to the national average on the four measures most students and families weigh when deciding where to go: cost, acceptance rates, graduate earnings, and graduation rates.

Avg Net Price / yr $10,667 ↓ $7,154 below national National avg: $17,821/yr
Avg Acceptance Rate 74.8% ↑ 2.3% above national National avg: 72.5%
Median Earnings (10yr) $39,482 ↓ $8,707 below national National avg: $48,189
Avg Graduation Rate 35.8% ↓ 10.0% below national National avg: 45.8%

Acceptance Rate Trend (2019–2023) Rising  ↑ 3.1 pts since 2019

Top Colleges in New Mexico

The colleges in New Mexico that rank highest by UCD Score, and those that deliver above-national graduate earnings at a below-average net price, two of the strongest signals when choosing a school.

Highest UCD Score


Best Value Colleges

Best Colleges by Goal

Not every student is looking for the same thing. These six panels rank New Mexico's colleges by the data that matters most for each path.

Nursing & Health

Ranked by annual graduates

  1. 1 $44,792
  2. 2 $36,869
  3. 3 $39,067

Engineering

Ranked by annual graduates

  1. 1 $39,067
  2. 2 $44,792
  3. 3 $76,489

Business

Ranked by annual graduates

  1. 1 $44,792
  2. 2 $36,869
  3. 3 $39,067

Community Colleges

Ranked by enrollment

  1. 1 $4,621
  2. 2 $6,048
  3. 3 $5,769

Highest Earnings

Ranked by grad earnings

  1. 1 $76,489
  2. 2 $57,410
  3. 3 $45,937

Career Outcomes & ROI

Which colleges give you the most for what you spend? These eight schools rank highest in New Mexico by the ratio of 10-year graduate earnings to annual net price.

# College Net Price / yr Earnings (10yr) Ratio Rating
1 New Mexico State University-Grants Grants $68 $39,067 574.5× Excellent
2 Eastern New Mexico University Ruidoso Branch Community College Ruidoso $2,042 $38,550 18.9× Excellent
3 New Mexico Military Institute Roswell $4,571 $57,410 12.6× Excellent
4 Eastern New Mexico University-Roswell Campus Roswell $3,645 $38,550 10.6× Excellent
5 Clovis Community College Clovis $3,230 $34,020 10.5× Excellent
6 University of New Mexico-Gallup Campus Gallup $4,868 $44,792 9.2× Excellent
7 Central New Mexico Community College Albuquerque $4,621 $36,869 8.0× Excellent
8 Eastern New Mexico University-Main Campus Portales $4,904 $38,550 7.9× Excellent

ROI Ratio = median earnings 10 years after enrollment ÷ annual net price. Higher is better.

Popular Majors in New Mexico

The six fields of study with the most annual graduates across all colleges in New Mexico, based on IPEDS completion data.

HUMANITIES +1.8% Avg Growth · BLS

Liberal Arts

2,214 Colleges 1 Specializations
HEALTH +9.0% Avg Growth · BLS

Health

3,924 Colleges 26 Specializations
BUSINESS +4.7% Avg Growth · BLS

Business

3,021 Colleges 22 Specializations
STEM +4.0% Avg Growth · BLS

Engineering

1,297 Colleges 41 Specializations

Top Programs in New Mexico

The specific degree programs producing the most graduates across New Mexico's colleges. A more granular view than the Popular Majors above, useful when you already know roughly what you want to study and want to see where the volume is.

Program Colleges Grads/yr Earnings · 4yr
Liberal Arts 29.0 4,863.0 $53,072
Business Administration 22.0 1,823.0 $68,257
Nursing 20.0 1,563.0 $88,910
Teacher Education (K-12) 24.0 866.0 $47,382
Psychology 11.0 833.0 $50,706
Criminal Justice 22.0 596.0 $55,378
Biology 15.0 517.0 $57,214
Medical Assisting 11.0 457.0 $68,559

Top Careers in New Mexico

Careers with a strong employment footprint in New Mexico. What graduates from local colleges actually go on to do. State-level employment is shown where the BLS publishes it; national wage + growth shown alongside.

Nuclear Engineer Bachelor's degree · 1,160.0 jobs in NM
$140,070 ↘ -1.1% growth

Colleges by City in New Mexico

The cities in New Mexico with the most colleges, ranked by number of institutions.

Frequently Asked Questions

How many colleges are in New Mexico?
New Mexico has 33 accredited colleges and universities: 28 public, 2 private nonprofit, 3 for-profit. Of those, 21 are two-year community or technical colleges.
What does it actually cost to go to college in New Mexico?
The average net price across New Mexico colleges is $10,667 per year. That's what students pay after grants and scholarships, not the sticker tuition. That's $7,154 below the national average of $17,821, relatively affordable compared to most states. This figure blends public and private schools together; public in-state tuition usually runs lower, while private college costs swing widely based on each school's aid policy.
How hard is it to get into college in New Mexico?
The average acceptance rate across New Mexico colleges is 74.8%. It's close to the national average of 72.5%. That's a blended average. Open-enrollment community colleges accept all applicants, while flagship universities and selective private schools admit far fewer. Difficulty varies more by program than by state.
How much do New Mexico college graduates earn?
Ten years after first enrolling, the typical graduate from a New Mexico college earns $39,482 per year. That's $8,707 below the national median of $48,189. Earnings split sharply by field. Healthcare, engineering, and technology programs sit well above this median, while graduates in education, social work, and the arts often land below it.
Is going to college in New Mexico worth it financially?
Looking at net price versus 10-year graduate earnings, New Mexico colleges produce a strong return, with graduates earning roughly3.7× the annual cost of attendance within a decade. That puts New Mexico solidly above average for education return on investment. The Career Outcomes section above ranks individual schools; the spread between the best and worst-value colleges in New Mexico is wide enough that school choice matters more than the state average.
Does New Mexico have community colleges?
Yes. New Mexico has 21 two-year colleges, including community colleges, technical institutes, and workforce training schools. These institutions carry the lowest net prices in the state and serve students pursuing associate degrees, transfer credits toward a four-year degree, or workforce credentials in fields like healthcare, IT, and the trades. Starting at a community college and transferring is a common and cost-effective path in New Mexico.
What percentage of students graduate from New Mexico colleges?
On average, 35.8% of students who enroll at New Mexico colleges finish their degree within six years. That's 10.0 points below the national average of 45.8%. This varies considerably by institution. Selective four-year universities graduate a much higher share than open-enrollment schools, where part-time enrollment and work commitments affect completion timelines. Always look at a specific school's six-year rate, not the state average.
Where are the best nursing programs in New Mexico?
Ranked by annual nursing and health program graduates, the top nursing schools in New Mexico are University of New Mexico-Main Campus, Central New Mexico Community College and New Mexico State University-Main Campus. These rankings use IPEDS completions data for CIP 51 (health professions), schools that produce the largest number of graduates per year. Availability varies by credential level; confirm whether a school offers BSN, ADN, or graduate nursing tracks before applying.
What is the cheapest college in New Mexico?
New Mexico State University-Grants is the most affordable college in New Mexico by net price at $68 per year. Net price is what students pay after grants and scholarships. The actual cost for lower-income students can be significantly less. Community colleges and public schools dominate the low-cost end, though some private colleges with strong aid programs compete on net price despite higher sticker tuitions.
What are the most popular majors at colleges in New Mexico?
The most-completed fields of study across New Mexico colleges are Liberal Arts, Health, Business and Education, based on IPEDS degree completion records. High completion numbers reflect both student demand and how many schools offer the program. Larger public universities drive a lot of the volume. If you're choosing a major based on earnings potential, look at the career outcomes for each field rather than how many students study it.

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