New Mexico Junior College
Hobbs, New Mexico
New Mexico Junior College is a public institution in Hobbs, New Mexico with 2,034 undergraduate students. For nursing students, the useful read is not just whether a program exists, but how its tuition, completion rates, debt, and earnings compare with nearby options.
In-state tuition is $1,440 compared with a New Mexico nursing-school average of $4,704. The school reports a graduation rate of 24.1%, median earnings of $34,233, and median federal debt of $11,313.
$1,440 is lower than the state average of $4,704.
24.1% is lower than the state average of 34.8%.
$34,233 is lower than the state average of $36,869.
About New Mexico Junior College
| Location | Hobbs, New Mexico |
| Institution Type | Public |
| Highest Degree | associate |
| Website | www.nmjc.edu |
| In-State Tuition | $1,440 |
| Out-of-State Tuition | $2,280 |
| Total Enrollment | 2,034 |
| Acceptance Rate | N/A |
| Graduation Rate | 24.1% |
| Retention Rate | 42.9% |
| Median Earnings (10 yrs after) | $34,233 |
| Median Debt at Graduation | $11,313 |
| Est. Monthly Loan Payment | $119 |
| Pell Grant Recipients | 25.9% |
| Students Receiving Loans | 3.0% |
| Loan Default Rate | 0.0% |
| Nursing Program | Available |
Cost and Return Snapshot
Based on published tuition, median debt, and earnings data
A typical graduate debt load would equal about 0.3 years of post-payment earnings capacity using the reported median earnings and 10-year monthly payment estimate.
Affordability Context
25.9% of students receive Pell Grants, a useful signal for how often the school serves lower-income students. 3.0% of students take federal loans, so borrowing is less common than at many institutions in the student body. The three-year loan default rate is 0.0%, which helps frame repayment risk alongside earnings and debt.
Cost and Outcomes Context
The value picture at New Mexico Junior College depends on the relationship between price, borrowing, and outcomes. A simple four-year tuition estimate is $5,760, while the reported median debt is $11,313 with an estimated monthly payment of $119. These figures should be compared with aid offers and program-specific requirements before making a final decision.
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Student Demographics
The student body is largest among Hispanic students (59.8%), followed by White students (26.7%) and Black students (6.8%).
Value Score
Median earnings ($34,233) divided by median debt ($11,313)