College ROI

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New Mexico Military Institute

Roswell, NM 331 Undergrads 42.9% Grad Rate
School Website|Financial Calculator
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Total Cost
$19,522
Sticker Price
Avg Net Price
$3,981
After Aid
Median Earnings
$49,528
5yr Post-Grad

Vs. Peer Institutions

Net Price$3,981
Peer Midpoint: $9,956
Earnings (5yr Post-Grad)Completers only after graduation
$49,528
Peer Midpoint: $51,775
Earnings (10yr Post-Enroll)All enrolled after enrollment
$58,629
Peer Midpoint: $45,130
Graduation Rate42.9%
Peer Midpoint: 35.7%
Warning: The majority of students at this institution do not graduate. Non-completers typically earn significantly less and face higher debt risks.
Average Starting Age19.7
Socio-Economic Diversity
Pell Grant Recipients36.7%
Enrollment Status
Full-Time100.0%
Economic Outcomes
Earn More than HS64.8%

Admissions Profile

Acceptance
52.6%
SAT Avg
-
SAT Reading
25th: --75th: -
SAT Math
25th: --75th: -
ACT Composite
25th: --75th: -

ROI Sensitivity Analysis
Assuming 2 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
+$520k
-$4k
+$34k
Median Cost$4k/yr
+$513k
-$11k
+$27k
Full Cost$20k/yr
+$485k
-$39k
-$2k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
34
∞
Median Cost$4k/yr
37
365%
Full Cost$20k/yr
Never
-5%
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 Return98%

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 Return-26%

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 →

Associate's Degrees

Median Debt
-
Earnings (4yr)
$55,247
Natl Median: $44,125
Lifetime Value Added
+$93k
Try this program with your own numbers →

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.