College ROI

Smarter Choices, Brighter Futures
Back to Colleges

New Mexico Junior College

Hobbs, NM 2,175 Undergrads 20.8% Grad Rate
Share
Total Cost
$9,258
Sticker Price
Avg Net Price
$6,524
After Aid
Median Earnings
$60,987
4yr Post-Grad

Vs. Peer Institutions

Net Price$6,524
Peer Midpoint: $9,847
Earnings (4yr Post-Grad)$60,987
Peer Midpoint: $50,127.5
Graduation Rate20.8%
Peer Midpoint: 34.6%
Socio-Economic Diversity
Pell Grant Recipients27.2%
Enrollment Status
Full-Time50.5%
Economic Outcomes
Earn More than HS54.0%

Admissions Profile

Acceptance
100.0%
SAT Avg
-
SAT Reading
25th: --75th: -
SAT Math
25th: --75th: -
ACT Composite
25th: --75th: -

ROI Sensitivity Analysis

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
+$638k
+$122k
+$154k
Median Cost$7k/yr
+$626k
+$110k
+$142k
Full Cost$9k/yr
+$621k
+$105k
+$137k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
24
Median Cost$7k/yr
25
1183%
Full Cost$9k/yr
26
804%
Analysis Assumptions:
  • Starting Salary: Estimated from the 4-year post-graduation median earnings (assuming 2% annual growth from graduation).
  • 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 Return1646%

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 Return383%
Important Note: Your ROI with any major will depend on the cost you pay to attend the program, and your starting salary. Both vary significantly across institutions. We encourage you to explore the ROI of a specific program variant by selecting the Program title of the credential level you are interested in. You will then have a more detailed return analysis for programs at specific institutions. We also encourage you to use the ROI calculator with your specific estimates of cost and salary.

Program ROI Analysis

Certificates

Business Administration, Management and Operations
CertCIP: 5202
Median Debt
-
Earnings (4yr)
-
Natl Median: $47,440
Lifetime Value Added
N/A
Cosmetology and Related Personal Grooming Services
CertCIP: 1204
Median Debt
-
Earnings (4yr)
-
Natl Median: $26,307
Lifetime Value Added
N/A
Criminal Justice and Corrections
CertCIP: 4301
Median Debt
-
Earnings (4yr)
$65,768
Natl Median: $57,702
Lifetime Value Added
+$248k
Precision Metal Working
CertCIP: 4805
Median Debt
-
Earnings (4yr)
-
Natl Median: $48,702
Lifetime Value Added
N/A

Associate's Degrees

Agricultural Production Operations
AssocCIP: 0103
Median Debt
-
Earnings (4yr)
-
Natl Median: $42,438
Lifetime Value Added
N/A
Business Administration, Management and Operations
AssocCIP: 5202
Median Debt
-
Earnings (4yr)
-
Natl Median: $48,733
Lifetime Value Added
N/A
Computer and Information Sciences, General
AssocCIP: 1101
Median Debt
-
Earnings (4yr)
-
Natl Median: $54,246
Lifetime Value Added
N/A
Cosmetology and Related Personal Grooming Services
AssocCIP: 1204
Median Debt
-
Earnings (4yr)
-
Natl Median: $27,014
Lifetime Value Added
N/A
Criminal Justice and Corrections
AssocCIP: 4301
Median Debt
-
Earnings (4yr)
-
Natl Median: $46,706
Lifetime Value Added
N/A
Industrial Production Technologies/Technicians
AssocCIP: 1506
Median Debt
-
Earnings (4yr)
-
Natl Median: $73,593
Lifetime Value Added
N/A
Liberal Arts and Sciences, General Studies and Humanities
AssocCIP: 2401
Median Debt
-
Earnings (4yr)
$44,393
Natl Median: $44,125
Lifetime Value Added
-$20k
Precision Metal Working
AssocCIP: 4805
Median Debt
-
Earnings (4yr)
-
Natl Median: $56,451
Lifetime Value Added
N/A
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
AssocCIP: 5138
Median Debt
$12,677
Earnings (4yr)
$85,806
Natl Median: $80,813
Lifetime Value Added
+$366k
Teacher Education and Professional Development, Specific Levels and Methods
AssocCIP: 1312
Median Debt
-
Earnings (4yr)
-
Natl Median: $37,656
Lifetime Value Added
N/A
Vehicle Maintenance and Repair Technologies/Technicians
AssocCIP: 4706
Median Debt
-
Earnings (4yr)
$62,870
Natl Median: $58,424
Lifetime Value Added
+$159k

Post-Baccalaureate Certificates

Teacher Education and Professional Development, Specific Levels and Methods
PB-CertCIP: 1312
Median Debt
-
Earnings (4yr)
-
Natl Median: $58,414
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 degree decision moving forward. These Lifetime Value Added results for graduate degrees should not be compared with those for Undergraduate Certificates, Associates or Bachelors.