Carrington College-Albuquerque vs New Mexico Military Institute: which has better ROI?
New Mexico Military Institute has the better ROI: it clears its 2-year net cost of $9,142 in 1 years versus not at all at Carrington College-Albuquerque, on median earnings of $57,410 vs $36,718 ten years out. (Scorecard, 2026 · our math.)
| Measure | Carrington College-Albuquerque | New Mexico Military Institute |
|---|---|---|
| Net price / yr | $49,030 | $4,571 |
| Total net cost | $196,120 | $9,142 |
| Median earnings, 10 yrs | $36,718 | $57,410 |
| Median debt | $9,500 | $5,500 |
| Payback | — | 1 yrs |
| 20-year net return | -$428,960 | $171,858 |
College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.
Which is cheaper, Carrington College-Albuquerque or New Mexico Military Institute?
New Mexico Military Institute, at $4,571 a year after aid versus $49,030 — a gap of $44,459 a year, or $186,978 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.
Do Carrington College-Albuquerque or New Mexico Military Institute graduates earn more?
New Mexico Military Institute graduates report a median $57,410 ten years after entry, $20,692 more than the $36,718 at Carrington College-Albuquerque. Both are institution-wide medians from federal tax records, so a high-paying major at the lower school can beat the average at the higher one.
Which leaves students with less debt, Carrington College-Albuquerque or New Mexico Military Institute?
New Mexico Military Institute: its completers carry a median $5,500 in federal loans versus $9,500 at Carrington College-Albuquerque, a difference of $4,000. The figure counts students who finished; it excludes private loans and anyone who left before graduating.
Which graduates more of its students?
65% of students finish at Carrington College-Albuquerque, against 44% at New Mexico Military Institute. Completion matters to the ROI arithmetic because a degree that is never finished still carries its cost and its debt, but earns none of the graduate premium above the $48,360 high-school baseline.