University of the Southwest

University of the Southwest is a small private non-profit master's university (large program) located in Hobbs, New Mexico, with an undergraduate enrollment of 346. The institution offers master's-level programs across multiple professional and academic fields alongside its undergraduate curriculum, serving students seeking advanced credentials in applied disciplines. As an independently governed, non-profit institution relying on tuition, endowment returns, and philanthropic support, it operates within the broader New Mexico postsecondary education landscape and is regionally accredited, making its credits and degrees eligible for federal financial aid. The institution maintains an open-admissions policy for most of its programs, making it accessible to a broad range of prospective students. Net price for families earning \$48,001–$75,000 averages $15,943 per year. The highest program-level earnings outcomes are in CIP 00 — 10-year median earnings among aid recipients in these fields reach $59,588. The 4-year graduation rate is 23%, 22 percentage points below the national average of 45%. Among students who received federal financial aid, 10-year median earnings are $45,389.