Public · COLLEGE PAYOFF

New Mexico Junior College

Hobbs, NM · 4 reportable field-and-credential outcomes

MODELED SCENARIO · Negative payoff

−$172,416 over 10 years

Modeled from observed year-5 institution earnings and the institution-wide average net price over four years.

At these assumptions, the estimated earnings premium does not recover the modeled economic investment within ten years.

61.2 yrsModeled economic break-even
−84%Modeled 10-year ROI
$48,368Observed earnings · year 5
Economic ROI includes direct price and earnings forgone during study · $45,000 comparison earnings · values held flat · see the formula
ECONOMIC INVESTMENT → PAYBACK

Estimated payoff over ten years.

The scenario counts direct price and earnings forgone upfront, then applies the reported annual earnings premium.

10-YEAR PAYOFF CURVECumulative economic payoff after graduation
−$172,416at year 10
Net gainInvestment not yet recovered
NET GAIN$0UNRECOVERED
−$206,0960
2
4
6
8
−$172,41610
Years after graduationBreak-even: 61.2 years
FEDERAL COST DATA

Four ways to read college price.

Annual college-wide figures from the current College Scorecard release. Average net price covers full-time, first-time undergraduates receiving federal aid; public-college figures use in-state students. Program tuition and individual aid offers may differ.

Published in-state tuition$1,440
Sticker price
Published out-of-state tuition$2,280
Sticker price
Average net price$6,524
Title IV student average
Cost of attendance$9,258
Tuition + living budget
PRICE SOURCECollege reported · annual amount · federal dataset
OBSERVED FEDERAL MEASURES

Cost, completion and earnings context

$6,524Average net price / year
$9,258Cost of attendance
$48,368Median earnings · year 5 after completion
58.2%Completion rate
Not availableAdmission rate
2,175Student size
NATIONAL CONTEXT

How this college compares

Percentiles compare this institution with currently operating colleges that report the same federal measure.

57thEarnings percentile
50thCompletion percentile
EARNINGS PATH

Reported earnings over time

$47,749Year 1
$60,987Year 4
$48,368Year 5

Separate federal cohorts may underlie different measurement years.

PROGRAM PAYOFF SPREAD

The college average is not the whole story.

Observed earnings vary substantially by field and credential at the same institution.

1Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing · Associate's Degree$85,8062Criminal Justice and Corrections · Undergraduate Certificate or Diploma$65,7683Vehicle Maintenance and Repair Technologies/Technicians · Associate's Degree$62,8704Liberal Arts and Sciences, General Studies and Humanities · Associate's Degree$44,393

Observed year-4 earnings · compare like fields and credentials before deciding

BUILD A REAL SHORTLIST

Comparable colleges in NM

Currently operating public institutions with the closest combination of annual net price and observed year-5 earnings. Similarity is descriptive—not a quality ranking.

Las Cruces, NM

New Mexico State University-Dona Ana

Annual net price
$6,048
Observed earnings · year 5
$47,377
Modeled 10-year ROI
-88%
Open college profile →
Alamogordo, NM

New Mexico State University-Alamogordo

Annual net price
$7,369
Observed earnings · year 5
$47,377
Modeled 10-year ROI
-89%
Open college profile →
Espanola, NM

Northern New Mexico College

Annual net price
$7,276
Observed earnings · year 5
$50,833
Modeled 10-year ROI
-72%
Open college profile →
Las Cruces, NM

New Mexico State University-Main Campus

Annual net price
$8,889
Observed earnings · year 5
$47,377
Modeled 10-year ROI
-89%
Open college profile →
ALL REPORTABLE PROGRAM CATEGORIES

Explore exact field-and-credential outcomes

Federal fieldCredentialEarnings, year 4Federal debt
Registered Nursing, Nursing Administration, Nursing Research and Clinical NursingAssociate's Degree$85,806$13,472
Criminal Justice and CorrectionsUndergraduate Certificate or Diploma$65,768Not available
Vehicle Maintenance and Repair Technologies/TechniciansAssociate's Degree$62,870Not available
Liberal Arts and Sciences, General Studies and HumanitiesAssociate's Degree$44,393$6,500

Earnings, price, completion and enrollment are observed federal measures. ROI, payoff and break-even are modeled scenarios built from those measures and fixed assumptions. College payoff is not the payoff of every degree at this school; use the program table for a more precise comparison.