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Roswell, NM · Private University

Is New Mexico Military Institute Worth It?

ROI analysis based on real earnings and cost data

Strong ROIRanked #900 of 3,472 schools by ROI

Key Numbers

10-Year Earnings

$57,410

median, 10 years after enrollment

In-State Tuition

$6,990

per year

Out-of-State Tuition

$14,042

per year

Total 4-Year Cost

$56,168

tuition only (4 years)

ROI Ratio

4.09x

earnings ÷ annual tuition

Payback Period

2.5 yrs

years to recoup total cost

Median Debt

$5,500

at graduation

Avg Net Price

$4,686

after aid & scholarships

Earnings vs. Annual Cost

10-year median earnings compared to annual tuition

Median Earnings (10yr)$57,410
Annual Tuition$14,042
National Median Earnings$45,000

New Mexico Military Institute graduates earn $12,410 more than the national median of workers with any education level.

What You'd Actually Pay

Average net price after grants and scholarships, by family income

Under $30,000$2,748/yr
$30,000 – $48,000$4,263/yr
$48,000 – $75,000$5,727/yr
$75,000 – $110,000$15,409/yr
Over $110,000$9,685/yr

Source: IPEDS net price data. Actual costs vary based on individual financial circumstances.

The Bottom Line

New Mexico Military Institute stands out as a strong financial investment among U.S. colleges. Graduates earn $57,410 10 years after starting, $12,410 above the national median of $45,000. The investment pays for itself in roughly 2.5 years, faster than most colleges.

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Earnings data from the U.S. Department of Education College Scorecard. Tuition data from IPEDS. ROI calculations are for informational purposes only and reflect median outcomes.