Degree Dividend
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New Mexico State University-Main Campus vs Carrington College-Albuquerque: which has better ROI?

Public, Las Cruces NM · vs · Private for-profit, Albuquerque NM

The verdict

Neither clears its cost on institution-wide earnings, but New Mexico State University-Main Campus comes closer — median earnings $39,067 against a $35,556 total, vs $36,718 at Carrington College-Albuquerque. (Scorecard, 2026 · our math.)

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Head to head
MeasureNew Mexico State University-Main CampusCarrington College-Albuquerque
Net price / yr$8,889$49,030
Total net cost$35,556$196,120
Median earnings, 10 yrs$39,067$36,718
Median debt$17,095$9,500
Payback
20-year net return-$221,416-$428,960

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

Which is cheaper, New Mexico State University-Main Campus or Carrington College-Albuquerque?

New Mexico State University-Main Campus, at $8,889 a year after aid versus $49,030 — a gap of $40,141 a year, or $160,564 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 State University-Main Campus or Carrington College-Albuquerque graduates earn more?

New Mexico State University-Main Campus graduates report a median $39,067 ten years after entry, $2,349 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 State University-Main Campus or Carrington College-Albuquerque?

Carrington College-Albuquerque: its completers carry a median $9,500 in federal loans versus $17,095 at New Mexico State University-Main Campus, a difference of $7,595. 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 55% at New Mexico State University-Main Campus. 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.

New Mexico State University-Main Campus vs Carrington College-Albuquerque: frequently asked questions

Is New Mexico State University-Main Campus or Carrington College-Albuquerque a better value?
New Mexico State University-Main Campus comes closer, but neither clears its cost on institution-wide earnings — the field you study decides it here more than the school.
Which is cheaper, New Mexico State University-Main Campus or Carrington College-Albuquerque?
New Mexico State University-Main Campus: $8,889/yr net price after aid versus $49,030/yr at Carrington College-Albuquerque — a difference of $40,141 a year, or about $160,564 over four years.
Do New Mexico State University-Main Campus or Carrington College-Albuquerque graduates earn more?
New Mexico State University-Main Campus graduates earn a median $39,067 ten years after entry, versus $36,718 at Carrington College-Albuquerque — a $2,349 gap. This blends every major, so a specific field can flip it.