Is New Mexico State University-Grants worth it?

Grants, NM · public

Verdict

Typical students pay $68 a year after aid, graduate with $17,095 in federal debt, and earn $32,960 six years after enrolling — an estimated monthly loan payment of $183, with a debt break-even of about 5.2 years.

Net price / year

$68

Admission rate

0%

Graduation rate

Median debt

$17,095

Earnings (6 yr)

$32,960

Earnings (10 yr)

$39,067

Est. monthly loan payment

$183

Loan-to-income ratio

52%

Debt break-even

5.2 years

How New Mexico State University-Grants compares

MetricNew Mexico State University-GrantsNew MexicoNational
Net price$68$11,338$16,642
Median debt$17,095$10,382$12,377
Earnings (6 yr)$32,960$28,426$33,037
Graduation rate

FAQ

How much does it cost to attend New Mexico State University-Grants?

The federal average net price after grants and scholarships is $68 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 State University-Grants graduates typically carry?

Students who complete a program at New Mexico State University-Grants leave with a median federal debt of $17,095, based on the U.S. Department of Education's College Scorecard.

What do New Mexico State University-Grants graduates earn?

Six years after enrolling, former students report median earnings of $32,960, drawn from federal tax records aggregated by the College Scorecard.

What is the graduation rate at New Mexico State University-Grants?

Graduation rate data is not currently published for this school.

Is New Mexico State University-Grants worth the debt?

Based on median debt and 6-year earnings, it would take roughly 5.2 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.