Is New Mexico Junior College worth it?
Hobbs, NM · public
Verdict
Typical students pay $6,524 a year after aid, graduate with $11,313 in federal debt, and earn $32,145 six years after enrolling — an estimated monthly loan payment of $121, with a debt break-even of about 3.5 years.
Net price / year
$6,524
Admission rate
0%
Graduation rate
—
Median debt
$11,313
Earnings (6 yr)
$32,145
Earnings (10 yr)
$34,233
Est. monthly loan payment
$121
Loan-to-income ratio
35%
Debt break-even
3.5 years
How New Mexico Junior College compares
FAQ
How much does it cost to attend New Mexico Junior College?
The federal average net price after grants and scholarships is $6,524 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.
How much debt do New Mexico Junior College graduates typically carry?
Students who complete a program at New Mexico Junior College leave with a median federal debt of $11,313, based on the U.S. Department of Education's College Scorecard.
What do New Mexico Junior College graduates earn?
Six years after enrolling, former students report median earnings of $32,145, drawn from federal tax records aggregated by the College Scorecard.
What is the graduation rate at New Mexico Junior College?
Graduation rate data is not currently published for this school.
Is New Mexico Junior College worth the debt?
Based on median debt and 6-year earnings, it would take roughly 3.5 years of 10% income allocation to pay off the typical debt load — compare that against your own expected major and career path before deciding.
Source: U.S. Department of Education College Scorecard.