After New Mexico Junior College: graduation, pay and debt

Hobbs, New Mexico · Public · 2,118 undergrads

The typical student earns $34,233 ten years after starting and graduates leave with $11,313 in federal loans at the median.

The short answers

$34.2k

median pay 10 years after starting college.

$11.3k

median federal debt at graduation.

37%

of borrowers were paying down their loans three years after leaving.

All the federal numbers

Finished a two-year program within three yearsCollege Scorecard

36%

Earned a degree or certificate here within eight yearsIPEDS, full-time students who started in 2015

36%

Still enrolled here after eight yearsIPEDS, full-time students who started in 2015

Students in that eight-year groupIPEDS, full-time students who started in 2015

401

Median pay 6 years after starting collegeCollege Scorecard

$32,145

Median pay 8 years after starting collegeCollege Scorecard

$35,614

Median pay 10 years after starting collegeCollege Scorecard

$34,233

Earning more than $25,000 six years after startingCollege Scorecard

49%

Pay is for students who got federal aid and are working, counted from the year they started college, whether or not they finished.

Median federal debt, students who graduatedCollege Scorecard

$11,313

Median federal debt, everyone who borrowed (finished or not)College Scorecard

$5,500

Median federal debt, students with a Pell GrantCollege Scorecard

$5,500

Median federal debt, students without a Pell GrantCollege Scorecard

$5,000

Paying down their loans 3 years after leavingCollege Scorecard

37%

Paying down their loans 5 years after leavingCollege Scorecard

40%

Paying down their loans 7 years after leavingCollege Scorecard

44%

Federal student loans only. Private loans and Parent PLUS loans aren't counted.

Where these numbers come from