ALBUQUERQUE, N.M. (KRQE) – The University of New Mexico and Central New Mexico Community College are teaming up to make it quicker and easier to get a Master’s Degree.

The new program will offer students the opportunity to transition from an Associate’s Degree to a Bachelor of Liberal Arts Degree and right into a Master’s Degree of Business Administration all within five years.

The schools announced the cost for all three degrees would be about $20,000 if the student is on the lottery scholarship and less than $30,000 if not on the scholarship.

Most New Mexico students are about $28,000 in debt for just a Bachelor’s Degree.