---
title: New Mexico Military Institute — cost, debt & earnings (College Scorecard)
location: Roswell, NM
control: Public
source: U.S. Dept. of Education College Scorecard (2026-06-10 release)
sourceUrl: https://collegescorecard.ed.gov/
---

# New Mexico Military Institute

Roswell, NM · Public · Associate-granting

> Federal College Scorecard institution **medians** — not a prediction of any one student's outcome, and not a figure for any single program. Earnings/debt cover federally-aided students.

## The bottom line

| Figure | Value | Status |
| --- | --- | --- |
| Typical earnings, 10 yrs after entry | $57,410 | recorded |
| Earnings range (25th–75th pct) | $31,980 – $80,706 | recorded |
| Typical federal debt | $4,549 | recorded |
| Debt of students who withdrew | $4,494 | recorded |
| Completion rate | 44% | recorded |
| Average annual net cost | $19,121 | recorded |
| % earning above a $28k HS-grad wage | 70% | recorded |
| Debt ÷ a year's earnings | 0.08× | derived |
| Earnings premium vs $28k HS benchmark | $29,410 | derived |

**44% of students finish** — the loans are owed whether or not you graduate, so read every figure below next to this number.

Typical **federal** loan debt is $4,549 (≈ 8% of a year's typical earnings here). Note: this counts federal loans only — not private loans, Parent PLUS, or family savings — so true borrowing is usually higher; and because dropouts borrow less, low-completion schools can show a deceptively low debt figure.

## Earnings by major (the number that decides "worth it")

> **Different measure — read on its own terms.** These are median earnings **1 year after completing the program** (early career, graduates only) — NOT the 10-years-after-entry school-wide figure above. Do not compare a program figure to the school figure; compare majors to each other. The Dept. of Education omits programs with too few graduates.

By program, early-career pay ranges from $14,342 to $14,342 across 1 program(s).

| Major | Credential | Pay (1 yr out) | Median debt |
| --- | --- | --- | --- |
| Liberal Arts and Sciences, General Studies and Humanities. | Associate's Degree | $14,342 | $5,500 |

## What this is — and is NOT

Institution-wide medians from the U.S. Dept. of Education College Scorecard. **Not** a prediction of what you would earn or owe, **not** a figure for any single program (a CS and a fine-arts graduate of the same school diverge enormously), **not** proof the school caused the outcome (selection, not causation), and **not** a "best college" ranking. Explore New Mexico Military Institute by field of study at the official Scorecard: https://collegescorecard.ed.gov/school/?187912

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Structured data (JSON-LD), each figure labeled by epistemic status: `/education/new-mexico-military-institute-nm.jsonld` · all schools: `/education`