Public · COLLEGE PAYOFF

New Mexico Institute of Mining and Technology

Socorro, NM · 7 reportable field-and-credential outcomes

MODELED SCENARIO · Positive payoff

+$167,628 over 10 years

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

This is a positive modeled result. Price, time to finish and future earnings can still change the outcome.

5.7 yrsModeled economic break-even
+76%Modeled 10-year ROI
$83,712Observed 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
+$167,628at year 10
Net gainInvestment not yet recovered
NET GAIN$0UNRECOVERED
−$219,4920
2
4
6
8
+$167,62810
Years after graduationBreak-even: 5.7 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$9,476
Sticker price
Published out-of-state tuition$27,247
Sticker price
Average net price$9,873
Title IV student average
Cost of attendance$24,967
Tuition + living budget
PRICE SOURCECollege reported · annual amount · federal dataset
OBSERVED FEDERAL MEASURES

Cost, completion and earnings context

$9,873Average net price / year
$24,967Cost of attendance
$83,712Median earnings · year 5 after completion
57.0%Completion rate
44.5%Admission rate
995Student size
NATIONAL CONTEXT

How this college compares

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

96thEarnings percentile
48thCompletion percentile
EARNINGS PATH

Reported earnings over time

$60,931Year 1
$85,232Year 4
$83,712Year 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.

1Electrical, Electronics, and Communications Engineering · Bachelor's Degree$117,8132Mechanical Engineering · Bachelor's Degree$98,2133Computer and Information Sciences, General · Bachelor's Degree$95,7504Petroleum Engineering · Bachelor's Degree$95,2345Chemical Engineering · Bachelor's Degree$85,9006Teacher Education and Professional Development, Specific Subject Areas · Master's Degree$70,3337Biology, General · Bachelor's Degree$48,211

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.

Ranchos de Taos, NM

University of New Mexico-Taos Campus

Annual net price
$9,165
Observed earnings · year 5
$53,654
Modeled 10-year ROI
-60%
Open college profile →
Los Alamos, NM

University of New Mexico-Los Alamos Campus

Annual net price
$13,470
Observed earnings · year 5
$53,654
Modeled 10-year ROI
-63%
Open college profile →
Los Lunas, NM

University of New Mexico-Valencia County Campus

Annual net price
$5,714
Observed earnings · year 5
$53,654
Modeled 10-year ROI
-57%
Open college profile →
Silver City, NM

Western New Mexico University

Annual net price
$8,522
Observed earnings · year 5
$50,227
Modeled 10-year ROI
-76%
Open college profile →
ALL REPORTABLE PROGRAM CATEGORIES

Explore exact field-and-credential outcomes

Federal fieldCredentialEarnings, year 4Federal debt
Electrical, Electronics, and Communications EngineeringBachelor's Degree$117,813$15,981
Mechanical EngineeringBachelor's Degree$98,213$19,500
Computer and Information Sciences, GeneralBachelor's Degree$95,750$15,250
Petroleum EngineeringBachelor's Degree$95,234$28,756
Chemical EngineeringBachelor's Degree$85,900$14,250
Teacher Education and Professional Development, Specific Subject AreasMaster's Degree$70,333Not available
Biology, GeneralBachelor's Degree$48,211Not available

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.