Public · Mostly associate degrees · Remote town

New Mexico Junior College

Hobbs, New Mexico. 2,175 undergraduates.

47%Graduation rate10 pts above the national median for similar colleges (38%)
$5,665Average net price per year43% below the national median for similar colleges ($9,953)
$44,265Median earnings 10 years after startingAbout the same as the national median for similar colleges
$5,500Median debt at graduation54% below the national median for similar colleges ($12,000)
Our read

Graduates' median debt ($5,500) equals 12% of former students' median earnings ten years after starting ($44,265). That is a light load relative to pay.

What families actually pay

Under $30,000$5,622
$30,000–$48,000$5,256
$48,001–$75,000$6,247
$75,001–$110,000$5,687

Average yearly net price for first-time, full-time students who received federal aid, by family income. Net price is the cost of attendance minus grants and scholarships. Source: College Scorecard.

Compare net price across collegesPublished tuition and fees: $1,960 in-state, $3,010 out-of-state.

Do students finish, and what do they earn?

MeasureThis collegeSimilar colleges nationally
Graduation rate47%38%
Return for second year70%64%
Median earnings, 6 years after starting$39,678$40,416
Median earnings, 10 years after starting$44,265$45,146
Median debt at graduation$5,500$12,000

Graduation rate within 150% of normal time; retention is the share of first-year students who return. Earnings are medians for former students who received federal aid, working and not enrolled. National comparison is the median for colleges of the same type (mostly associate degrees).

Programs and what graduates earn

18 programs reported

Program-level medians for graduates who received federal aid. A dash means the Department of Education suppressed the figure to protect privacy, usually because the program is small. At four-year colleges, certificate graduates often earned a bachelor's at the same time, so their earnings can reflect the degree. Source: College Scorecard, field of study data.

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Quick answers

How much does New Mexico Junior College cost per year?
The average net price at New Mexico Junior College, what students pay after grants and scholarships, is $5,665 per year. Source: U.S. Department of Education College Scorecard.
How much do New Mexico Junior College graduates earn?
Former New Mexico Junior College students earn a median of $44,265 a year ten years after starting college. Source: U.S. Department of Education College Scorecard.
What is the graduation rate at New Mexico Junior College?
47% of New Mexico Junior College students graduate within 150% of normal time. Source: U.S. Department of Education College Scorecard.
How much student debt do New Mexico Junior College graduates have?
The median federal student debt at graduation from New Mexico Junior College is $5,500. Source: U.S. Department of Education College Scorecard.