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Clovis Community College vs New Mexico Institute of Mining and Technology: which has better ROI?

Public, Clovis NM · vs · Public, Socorro NM

By the Degree Dividend editorial data teamEvery figure verified against its federal source — methodologyData updated June 2026

The verdict

New Mexico Institute of Mining and Technology has the better ROI: it clears its 4-year net cost of $39,492 in 1.4 years versus not at all at Clovis Community College, on median earnings of $76,489 vs $34,020 ten years out. (Scorecard, 2026 · our math.)

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Head to head
MeasureClovis Community CollegeNew Mexico Institute of Mining and Technology
Net price / yr$3,230$9,873
Total net cost$12,920$39,492
Median earnings, 10 yrs$34,020$76,489
Median debt$7,250$19,085
Payback—1.4 yrs
20-year net return-$299,720$523,088

College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.

Which is cheaper, Clovis Community College or New Mexico Institute of Mining and Technology?

Clovis Community College, at $3,230 a year after aid versus $9,873 — a gap of $6,643 a year, or $26,572 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Clovis Community College or New Mexico Institute of Mining and Technology graduates earn more?

New Mexico Institute of Mining and Technology graduates report a median $76,489 ten years after entry, $42,469 more than the $34,020 at Clovis Community College. 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, Clovis Community College or New Mexico Institute of Mining and Technology?

Clovis Community College: its completers carry a median $7,250 in federal loans versus $19,085 at New Mexico Institute of Mining and Technology, a difference of $11,835. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

57% of students finish at New Mexico Institute of Mining and Technology, against 34% at Clovis Community College. 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.

Clovis Community College vs New Mexico Institute of Mining and Technology: frequently asked questions

Is Clovis Community College or New Mexico Institute of Mining and Technology a better value?
New Mexico Institute of Mining and Technology. It clears its $39,492 net cost in about 1.4 years versus no clear payback at Clovis Community College, on median earnings of $76,489 vs $34,020 ten years out.
Which is cheaper, Clovis Community College or New Mexico Institute of Mining and Technology?
Clovis Community College: $3,230/yr net price after aid versus $9,873/yr at New Mexico Institute of Mining and Technology — a difference of $6,643 a year, or about $26,572 over four years.
Do Clovis Community College or New Mexico Institute of Mining and Technology graduates earn more?
New Mexico Institute of Mining and Technology graduates earn a median $76,489 ten years after entry, versus $34,020 at Clovis Community College — a $42,469 gap. This blends every major, so a specific field can flip it.