New Mexico State University-Main Campus
Comprehensive ROI analysis based on tuition costs, graduate earnings, financial aid, and long-term earning potential.
ROI Summary
Total 4-Year Cost
$32,588
In-state tuition x 4
Earnings Premium
$-2,040/yr
vs high school diploma avg
Break-Even Point
N/A years
After graduation
20-Year ROI
-225%
Return on investment
ROI Analysis
The average in-state tuition at New Mexico State University-Main Campus is $8,147. One year after graduation, alumni earn an average of $38,119. Five years after graduation, earnings decrease to $32,960, but increase to $39,067 ten years after graduation. The median debt for students is $17,095, and 22.9% of students receive financial aid.
The debt-to-income ratio is not directly calculable with the provided data. However, the one-year earnings are more than double the median debt. The five-year earnings are less than the one-year earnings, and the ten-year earnings are higher than the five-year earnings.
The break-even timeline, or the time it takes for earnings to surpass the cost of tuition, is less than one year. The one-year earnings are significantly higher than the tuition cost.
Generated from College Scorecard & IPEDS data
The Numbers
Annual Tuition (In-State)
$8,147
Median Debt at Graduation
$17,095
Median Earnings (5yr)
$32,960
Graduation Rate
52%
Receive Financial Aid
23%
Avg Aid Amount
$0
Program-Level ROI
| Program | 4yr Cost | Median Earnings (5yr) | Est. 20yr ROI |
|---|---|---|---|
| Liberal Arts and Sciences, General Studies and Humanities. | $32,588 | $35,854 | -48% |
| Criminal Justice and Corrections. | $32,588 | $40,685 | 249% |
| Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. | $32,588 | $68,637 | 1964% |
| Mechanical Engineering. | $32,588 | $91,131 | 3345% |
| Computer and Information Sciences, General. | $32,588 | $75,980 | 2415% |
| Business/Commerce, General. | $32,588 | $40,965 | 266% |
| Psychology, General. | $32,588 | $34,534 | N/A |
| Biology, General. | $32,588 | $37,093 | 28% |
| Marketing. | $32,588 | $53,669 | 1046% |
| Education, General. | $32,588 | $45,590 | 550% |
| Business Administration, Management and Operations. | $32,588 | $75,747 | 2401% |
| Finance and Financial Management Services. | $32,588 | $41,370 | 291% |
Peer Comparison
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20yr ROI
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20yr ROI
Financial Aid Impact
Before Aid
After Aid (Estimated)
Methodology
ROI calculations are based on data from the U.S. Department of Education College Scorecard. The earnings premium is calculated as the difference between median graduate earnings and the national average earnings for high school diploma holders ($35,000).
The 20-year ROI formula: ((Earnings Premium x 20) - Total Cost) / Total Cost x 100. Break-even point: Total Cost / Annual Earnings Premium. All figures use in-state tuition and do not account for inflation, opportunity cost, or financial aid variations.