New Mexico Institute of Mining and Technology vs Carrington College-Albuquerque: which has better ROI?
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 Carrington College-Albuquerque, on median earnings of $76,489 vs $36,718 ten years out. (Scorecard, 2026 · our math.)
| Measure | New Mexico Institute of Mining and Technology | Carrington College-Albuquerque |
|---|---|---|
| Net price / yr | $9,873 | $49,030 |
| Total net cost | $39,492 | $196,120 |
| Median earnings, 10 yrs | $76,489 | $36,718 |
| Median debt | $19,085 | $9,500 |
| Payback | 1.4 yrs | — |
| 20-year net return | $523,088 | -$428,960 |
College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.
Which is cheaper, New Mexico Institute of Mining and Technology or Carrington College-Albuquerque?
New Mexico Institute of Mining and Technology, at $9,873 a year after aid versus $49,030 — a gap of $39,157 a year, or $156,628 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.
Do New Mexico Institute of Mining and Technology or Carrington College-Albuquerque graduates earn more?
New Mexico Institute of Mining and Technology graduates report a median $76,489 ten years after entry, $39,771 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, New Mexico Institute of Mining and Technology or Carrington College-Albuquerque?
Carrington College-Albuquerque: its completers carry a median $9,500 in federal loans versus $19,085 at New Mexico Institute of Mining and Technology, a difference of $9,585. 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 57% at New Mexico Institute of Mining and Technology. 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.