Median Earnings (1yr)
$71,456
65th percentile (40th in NM)
Median Debt
$13,472
35% below national median
Debt-to-Earnings
0.19
Manageable
Sample Size
30
Adequate data

Analysis

New Mexico Junior College's nursing program charges below-average debt ($13,472 versus $20,751 nationally) but trails most New Mexico nursing programs in earnings outcomes. Graduates start at $71,456—about $2,000 below the state median—and by year four, earnings actually slip to $68,386. This matters because New Mexico has 20 nursing programs, and NMJC ranks in just the 40th percentile statewide despite performing slightly above the national average.

The earnings decline is unusual for nursing, where wages typically grow as nurses gain experience and certifications. Meanwhile, four other New Mexico programs deliver starting salaries above $78,000—that's a $7,000 difference in year-one earnings alone. The low debt does help: with a debt-to-earnings ratio of 0.19, most graduates should manage repayment comfortably. But you're still paying for training that underperforms compared to what's available elsewhere in the state.

If staying in Hobbs matters for personal reasons, this program offers a manageable path into nursing without crushing debt. But families should understand they're likely accepting lower lifetime earnings compared to programs at Santa Fe Community College, NMSU-Dona Ana, or other top-performing New Mexico schools. The financial difference adds up quickly over a nursing career.

Where New Mexico Junior College Stands

Earnings vs. debt across all registered nursing, nursing administration, nursing research and clinical nursing associates's programs nationally

New Mexico Junior CollegeOther registered nursing, nursing administration, nursing research and clinical nursing programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How New Mexico Junior College graduates compare to all programs nationally

New Mexico Junior College graduates earn $71k, placing them in the 65th percentile of all registered nursing, nursing administration, nursing research and clinical nursing associates programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in New Mexico

Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing associates's programs at peer institutions in New Mexico (20 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
New Mexico Junior College$71,456$68,386$13,4720.19
Santa Fe Community College$79,098$61,577$28,0740.35
New Mexico State University-Dona Ana$78,510$72,107$16,4670.21
New Mexico State University-Main Campus$78,510$72,107$16,4670.21
Southeast New Mexico College$78,510$72,107$16,4670.21
Carrington College-Albuquerque$76,515$76,747$32,9690.43
National Median$68,409—$20,7510.30

Other Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing Programs in New Mexico

Compare tuition, earnings, and debt across New Mexico schools

SchoolIn-State TuitionEarnings (1yr)Debt
Santa Fe Community College
Santa Fe
$2,145$79,098$28,074
New Mexico State University-Dona Ana
Las Cruces
$2,322$78,510$16,467
New Mexico State University-Main Campus
Las Cruces
$8,147$78,510$16,467
Southeast New Mexico College
Carlsbad
$1,176$78,510$16,467
Carrington College-Albuquerque
Albuquerque
—$76,515$32,969

About This Data

Source: U.S. Department of Education College Scorecard (October 2025 release)

Population: Graduates who received federal financial aid (Title IV grants or loans). At New Mexico Junior College, approximately 26% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.

Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.

Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.

Sample Size: Based on 30 graduates with reported earnings and 33 graduates with debt data. Small samples may not be representative.