Analysis
Among New Mexico's limited community college business programs, NMSU-Alamogordo sits right at the state median for graduate earnings—but that still means starting around $30,600, well below the $36,600 national average for associate-level business degrees. The silver lining here is debt: at $7,571, graduates leave owing about half the national median, creating a manageable debt burden that takes less than four months of earnings to repay.
The real concern is how tightly clustered all New Mexico business programs are at this same earnings level. Whether you choose NMSU-Alamogordo, the main campus, or nearby Dona Ana, graduates report identical median earnings, suggesting limited differentiation in local employer demand or program outcomes. While earnings do grow modestly to $33,400 by year four, you're still trailing national benchmarks throughout your early career. For families considering this path, the low debt matters—there's no catastrophic financial risk here—but you should weigh whether an associate in business opens enough doors in the Alamogordo job market to justify even two years of opportunity cost.
One important caveat: this data reflects fewer than 30 graduates, so individual outcomes could vary considerably. If your student has specific local connections or employment lined up, this becomes more defensible as an affordable credential. Otherwise, the modest earnings suggest exploring other pathways.
Where New Mexico State University-Alamogordo Stands
Earnings vs. debt across all business/commerce associates's programs nationally
Earnings Distribution
How New Mexico State University-Alamogordo graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| New Mexico State University-Alamogordo | $30,628 | $33,431 | +9% |
| New Mexico State University-Dona Ana | $30,628 | $33,431 | +9% |
| Southeast New Mexico College | $30,628 | $33,431 | +9% |
| New Mexico State University-Grants | $30,628 | $33,431 | +9% |
| New Mexico State University-Main Campus | $30,628 | $33,431 | +9% |
Compare to Similar Programs in New Mexico
Business/Commerce associates's programs at peer institutions in New Mexico (7 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $2,616 | $30,628 | $33,431 | $7,571 | 0.25 | |
| $2,322 | $30,628 | $33,431 | $7,571 | 0.25 | |
| $1,176 | $30,628 | $33,431 | $7,571 | 0.25 | |
| $2,136 | $30,628 | $33,431 | $7,571 | 0.25 | |
| $8,147 | $30,628 | $33,431 | $7,571 | 0.25 | |
| National Median | — | $36,591 | — | $13,437 | 0.37 |
Career Paths
Occupations commonly associated with business/commerce graduates
Sales Managers
Industrial Production Managers
Quality Control Systems Managers
Geothermal Production Managers
Biofuels Production Managers
Biomass Power Plant Managers
Hydroelectric Production Managers
Construction Managers
Administrative Services Managers
Facilities Managers
Security Managers
Chief Executives
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 State University-Alamogordo, 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 25 graduates with reported earnings and 48 graduates with debt data. Small samples may not be representative.