New Mexico Colleges and Majors, Ranked by Graduate Pay and Debt
- 183 programs report first-year pay
- 18 schools with program pages
- 7 field rankings
College Scorecard June 2026 release ยท BEA price parities 2024
The short answer
The median New Mexico bachelor's program pays its graduates $33,639 in their first year, $6,403 less than the national median. Of the 4 bachelor's fields ranked in New Mexico, nursing pays the most ($82,216) and psychology the least ($27,483). The median bachelor's program leaves its graduates with $20,427 in federal debt, compared with $25,000 nationally.
Pay and debt by credential
Medians across every New Mexico program at each credential that reports the figure, next to the national median.
Bachelor's fields in New Mexico, ranked
Each row is one field's median across its New Mexico bachelor's programs. Field names link to the full ranking of those programs.
Some nursing bachelor's programs are for nurses who are already licensed and working (RN-to-BSN). College Scorecard counts them with programs for new students, and their graduates' pay reflects years of nursing experience, so high pay at a program here may not mean higher starting pay for a new nurse.
Associate's fields in New Mexico, ranked
Each row is one field's median across its New Mexico associate's programs. Field names link to the full ranking of those programs.
One certificate field in New Mexico
Each row is one field's median across its New Mexico certificate programs. Field names link to the full ranking of those programs.
18 New Mexico schools
Every New Mexico school with at least one program page. School names link to the school's page, which ranks all its programs. Schools with one program link straight to that program.
"Programs" counts the school's programs that report first-year pay.
Common questions
The median nursing bachelor's program in New Mexico pays its graduates $82,216 in their first year, the most of 4 bachelor's fields ranked here. Teacher education is next, at $41,352.
The median bachelor's program in New Mexico pays its graduates $33,639 in their first year, the median associate's program $35,691, and the median certificate program $27,816.
The median bachelor's program in New Mexico leaves its graduates with $20,427 in federal debt, the median associate's program $10,541, and the median certificate program $9,813, all lower than the national medians.
24 New Mexico schools report first-year pay for at least one program, 183 programs in all. 18 of them have at least one program with its own page here.
About this data
- Earnings and debt only include students who received federal financial aid, and earnings only count graduates who were working and not enrolled in more school.
- Debt only includes federal loans. Private loans and credit cards are not counted.
- Medians are across programs, not students: each program counts once, however many graduates it has.
- Some schools with several campuses report one combined figure for all of them. We count each of those schools once, and leave them out of New Mexico figures when their main campus is in another state.
- Price levels are the Bureau of Economic Analysis Regional Price Parities for 2024.
Sources
- U.S. Department of Education, College Scorecard, field of study and institution files, June 2026 release
- Bureau of Economic Analysis, Regional Price Parities, 2024