College ROI for Students in Chaves County, NM

Is college worth it in Chaves County? Here's the financial analysis.

Public In-State/yr

$15,895

Public Out-of-State/yr

$27,932

Private/yr

$39,891

Payback Period

2 yrs

ROI Comparison

4-Year Public University

Total Cost (4 yrs)$63,580
Annual Earnings Premium$32,287
Payback Period2 years

20-Year Net Return$582,160

4-Year Private University

Total Cost (4 yrs)$159,564
Annual Earnings Premium$37,130
Payback Period4.3 years

20-Year Net Return$583,037

About Chaves County, New Mexico

Chaves County in New Mexico has a median household income of $49,673 and a population of 64,701. The college earnings premium in this region makes a public university degree pay back in approximately 2 years.

These estimates use regional cost and earnings data. Actual ROI varies enormously by major, institution, completion rate, and career path. Our Monte Carlo simulation models degree-specific outcomes, student loan scenarios, and alternative investment paths.

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Other Counties in New Mexico

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: NCES IPEDS, College Scorecard, Bureau of Labor Statistics. Estimates based on regional data. This is not financial advice.