College ROI

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New Mexico Institute of Mining and Technology

Socorro, NM 995 Undergrads 59.7% Grad Rate
Share
Total Cost
$26,354
Sticker Price
Avg Net Price
$20,862
After Aid
Median Earnings
$93,520
5yr Post-Grad

Vs. Peer Institutions

Net Price$20,862
Peer Midpoint: $19,969
Earnings (5yr Post-Grad)Completers only after graduation
$93,520
Peer Midpoint: $61,632
Warning: This school's reported earnings inflated significantly (+30%) when the Dept of Education excluded non-graduates from the dataset. Take caution when comparing.
Earnings (10yr Post-Enroll)All enrolled after enrollment
$71,723
Peer Midpoint: $58,891
Graduation Rate59.7%
Peer Midpoint: 58.9%
Average starting age (2015-17)21.2
Socio-Economic Diversity
Pell Grant Recipients33.9%
Enrollment Status
Full-Time94.6%
Economic Outcomes
Earn More than HS76.6%

Admissions Profile

Acceptance
44.5%
SAT Avg
1,207
SAT Reading
25th: 55061075th: 660
SAT Math
25th: 53059575th: 650
ACT Composite
25th: 202575th: 29

ROI Sensitivity Analysis
Assuming 4 Years to Graduation

This analysis tests three cost scenarios (Scholarship, Average Net Price, Full Sticker Price) to show how college costs impact your long-term return compared to the average student and a high school graduate.

Lifetime Value Added (NPV)

Institution Lifetime NPV
Vs Median Peer
Vs HS Grad
Zero Cost (Scholarship)$0
+$784k
+$313k
+$297k
Median Cost$21k/yr
+$709k
+$238k
+$222k
Full Cost$26k/yr
+$689k
+$219k
+$202k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
26
∞
Median Cost$21k/yr
31
296%
Full Cost$26k/yr
32
213%
Analysis Assumptions:
  • Starting Salary: Estimated from the median earnings five years after graduating, with four years of 2% raises taken out.⚠️ Warning: The high average starting age or low completion rate may inflate the Median earnings and ROI shown.
  • Comparisons: "Vs Median Peer" compares to the median student nationwide in a similar level program. "Vs HS Grad" compares to a median high school graduate.
  • Break-Even: The age at which the college investment net income exceeds the median high school graduate's lifetime earnings.
  • NPV: Net Present Value of all future earnings minus costs and taxes, discounted at 7.8%.

Social Impact ROINew

Measures the societal return on a donor's investment. Calculated as the incremental pre-tax lifetime earnings vs. HS grad, divided by the tax-adjusted donation cost.

Donor Return493%

Gov. Pell Grant ROINew

Measures the government's return on Pell Grants via increased tax revenue. Calculated as the portion of incremental lifetime taxes (discounted at 5.4%) attributed to the Pell Grant investment.

Taxpayer Return89%

Program ROI Analysis

These figures are medians for past graduates who received federal aid. Your cost and pay will differ. Run your own numbers in the Guided ROI Interview →

Bachelor's Degrees

Biology, General
BachCIP: 2601
Median Debt
-
Earnings (4yr)
$48,211
Natl Median: $57,214
Lifetime Value Added
-$121k
Median Debt
-
Earnings (4yr)
-
Natl Median: $68,257
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$85,900
Natl Median: $98,158
Lifetime Value Added
+$178k
Chemistry
BachCIP: 4005
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,120
Lifetime Value Added
N/A
Civil Engineering
BachCIP: 1408
Median Debt
-
Earnings (5yr)
$78,252
Natl Median: $86,517
Lifetime Value Added
+$108k
Median Debt
$20,363
Earnings (4yr)
$95,750
Natl Median: $92,374
Lifetime Value Added
+$253k
Median Debt
-
Earnings (4yr)
$117,813
Natl Median: $100,647
Lifetime Value Added
+$421k
Median Debt
-
Earnings (4yr)
-
Natl Median: $89,619
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $81,171
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $60,190
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $85,294
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $53,072
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $91,449
Lifetime Value Added
N/A
Mathematics
BachCIP: 2701
Median Debt
-
Earnings (4yr)
-
Natl Median: $69,562
Lifetime Value Added
N/A
Median Debt
$11,297
Earnings (4yr)
$98,213
Natl Median: $92,135
Lifetime Value Added
+$272k
Median Debt
-
Earnings (4yr)
-
Natl Median: $101,390
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$95,234
Natl Median: $104,823
Lifetime Value Added
+$249k
Physical Sciences, General
BachCIP: 4001
Median Debt
-
Earnings (4yr)
-
Natl Median: $68,944
Lifetime Value Added
N/A
Physics
BachCIP: 4008
Median Debt
-
Earnings (4yr)
-
Natl Median: $76,786
Lifetime Value Added
N/A
Psychology, General
BachCIP: 4201
Median Debt
-
Earnings (4yr)
-
Natl Median: $50,706
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $48,471
Lifetime Value Added
N/A

Master's Degrees

Chemistry
MastCIP: 4005
Median Debt
-
Earnings (4yr)
-
Natl Median: $82,937
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $124,201
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $133,654
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $125,651
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $92,629
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $79,463
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $112,282
Lifetime Value Added
N/A
Mathematics
MastCIP: 2701
Median Debt
-
Earnings (4yr)
-
Natl Median: $72,654
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $115,974
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $113,005
Lifetime Value Added
N/A
Physics
MastCIP: 4008
Median Debt
-
Earnings (4yr)
-
Natl Median: $96,478
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$70,333
Natl Median: $63,707
Lifetime Value Added
-$57k

Doctoral Degrees

Chemistry
DocCIP: 4005
Median Debt
-
Earnings (4yr)
-
Natl Median: $115,386
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $130,845
Lifetime Value Added
N/A
Physics
DocCIP: 4008
Median Debt
-
Earnings (4yr)
-
Natl Median: $130,153
Lifetime Value Added
N/A

Note: Lifetime Value Added is the Net Present Value (NPV) of estimated career earnings relative to a median high school graduate (for undergraduate programs) or a median bachelor's degree holder (for graduate programs), accounting for this institution's average cost and taxes. Computed over a career to retirement age.

For graduate programs (Master's, Doctoral, etc.), the calculation assumes a starting age of 22 (after undergraduate completion) and does not include the sunk costs of prior degrees. It represents the value added of the graduate decision moving forward. Note that the institution's average undergraduate net price is used as a proxy for annual cost, which may differ from actual graduate tuition. These Lifetime Value Added results for graduate degrees should not be compared with those for Undergraduate Certificates, Associates or Bachelors.

Completers Only: Federal median earnings data strictly reflects outcomes for students who successfully graduated. Students who do not complete their degree typically earn significantly less and face higher risks of debt default.