Forbes: New Mexico Tech Among Top Universities

SOCORRO, N.M. August 16, 2010 – New Mexico Tech again ranked well in the annual Forbes magazine college rankings and the Princeton Review.

Released Wednesday, Aug. 11, the 2010 rankings by Forbes list Tech at #334 out of the 610 universities that are ranked.

Reporter David Ewalt wrote that, “Whether they're in the top 10 or near the end of the list, all 610 schools in this ranking count among the best in the country: We review just 9 percent of the 6,600 accredited postsecondary institutions in the United States, so appearing on our list at all is an indication that a school meets a high standard.”

Other state schools to make the grade include New Mexico State (#354) and the University of New Mexico (#422). St. John’s College, a private school in Santa Fe, also made the list (#217).

The Forbes ranking uses 10 criteria, each weighted differently.

“To our way of thinking, a good college is one that meets student needs,” Forbes said in a statement. “While other college rankings are based in large part on school reputation as evaluated by college administrators, we focus on factors that directly concern incoming students: Will my courses be interesting? Is it likely I will graduate in four years? Will I incur a ton of debt getting my degree? And once I get out of school, will I get a good job?”

New Mexico Tech ranks very well in amount of debt students accumulate, total cost, student-to-faculty ratio and average salary for graduates. The university does not rank well in four-year graduation rates and in some student-reported opinion polls.

The Princeton Review again includes New Mexico Tech in its annual 373 Best Colleges publication. Tech is ranked highly as a “best value” and ranked as 19th in the nation for availability of financial aid.

St. John’s College, Santa Fe, and the University of New Mexico are also featured in the Princeton Review.

Tech also is consistently ranked as a “best value” university in annual rankings published by Newsweek/Kiplinger’s and the U.S. News and World Report.

Peer Institutions
As ranked by Forbes

#168. Colorado School of Mines
#242. Georgia Tech
#277. SUNY College of Environmental Science
#334. New Mexico Tech
#344. Alabama – Huntsville
#492. Michigan Tech
#527. Montana Tech
#577. North Dakota State
#582. New Jersey Tech
Not ranked: University of Missouri at Rolla
Not ranked: South Dakota School of Mines
Not ranked: Tennesee Tech

– NMT –

By Thomas Guengerich/New Mexico Tech