College ROI

Smarter Choices, Brighter Futures
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New Mexico State University-Grants

Grants, NM 351 Undergrads 26.9% Grad Rate
Share
Total Cost
$15,593
Sticker Price
Avg Net Price
$7,729
After Aid
Median Earnings
$39,067
10yr Post-Entry

Vs. Peer Institutions

Net Price$7,729
Peer Midpoint: $9,014
Earnings (10yr)$39,067
Peer Midpoint: $40,397
Graduation Rate26.9%
Peer Midpoint: 32.9%
Socio-Economic Diversity
Pell Grant Recipients58.9%
Enrollment Status
Full-Time55.3%
Economic Outcomes
Earn More than HS55.4%

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
+$393k
+$4k
-$91k
Median Cost$8k/yr
+$379k
-$10k
-$106k
Full Cost$16k/yr
+$364k
-$25k
-$120k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
Never
-∞
Median Cost$8k/yr
Never
-743%
Full Cost$16k/yr
Never
-419%
Analysis Assumptions:
  • Starting Salary: Estimated from the 10-year 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 Return-644%

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-175%
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

Associate's Degrees

Allied Health Diagnostic, Intervention, and Treatment Professions
AssocCIP: 5109
Median Debt
$9,000
Earnings (5yr)
$53,700
Lifetime Value Added
+$60k
Business Operations Support and Assistant Services
AssocCIP: 5204
Median Debt
-
Earnings (5yr)
$18,553
Lifetime Value Added
-$291k
Business/Commerce, General
AssocCIP: 5201
Median Debt
$7,542
Earnings (5yr)
$40,116
Lifetime Value Added
-$73k
Criminal Justice and Corrections
AssocCIP: 4301
Median Debt
$8,550
Earnings (5yr)
$36,982
Lifetime Value Added
-$104k
Data Processing
AssocCIP: 1103
Median Debt
-
Earnings (5yr)
$36,600
Lifetime Value Added
-$108k
Electrical Engineering Technologies/Technicians
AssocCIP: 1503
Median Debt
-
Earnings (5yr)
$55,370
Lifetime Value Added
+$76k
Liberal Arts and Sciences, General Studies and Humanities
AssocCIP: 2401
Median Debt
$9,000
Earnings (5yr)
$32,811
Lifetime Value Added
-$146k
Precision Metal Working
AssocCIP: 4805
Median Debt
-
Earnings (5yr)
$50,881
Lifetime Value Added
+$33k
Teacher Education and Professional Development, Specific Levels and Methods
AssocCIP: 1312
Median Debt
-
Earnings (5yr)
$32,385
Lifetime Value Added
-$150k
Vehicle Maintenance and Repair Technologies
AssocCIP: 4706
Median Debt
-
Earnings (5yr)
$30,070
Lifetime Value Added
-$173k

Note: Lifetime Value Added is the Net Present Value (NPV) of estimated career earnings relative to a median high school graduate, 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 should not be compared with those Undergraduate Certificates, Associates or Bachelors starting at age 18.