College ROI for Students in Torrance County, NM

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

Public In-State/yr

$16,233

Public Out-of-State/yr

$28,524

Private/yr

$40,738

Payback Period

2 yrs

ROI Comparison

4-Year Public University

Total Cost (4 yrs)$64,932
Annual Earnings Premium$32,973
Payback Period2 years

20-Year Net Return$594,528

4-Year Private University

Total Cost (4 yrs)$162,952
Annual Earnings Premium$37,919
Payback Period4.3 years

20-Year Net Return$595,427

About Torrance County, New Mexico

Torrance County in New Mexico has a median household income of $50,727 and a population of 15,203. 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.