Certificate in Clinical/Medical Laboratory Science/Research and Allied Professions. — ROI at Central New Mexico Community College

NM  ·  Based on U.S. Department of Education College Scorecard data

Financial Breakdown for Clinical/Medical Laboratory Science/Research and Allied Professions. at Central New Mexico Community College

Net Annual Cost

$10,906

After grants & scholarships


$0

Median Earnings

$27,963

Median salary after graduation

Net Debt

N/A

After personal savings applied


$0

20-Year Net ROI Projection

Gross Earnings (20 years)

$27,963 × 20 years

+$559,260

Total 1-Year Cost

$10,906 × 1 years

−$10,906

Estimated Debt Payoff Includes estimated interest over a standard 10-year repayment plan.

N/A principal × 1.35 (interest)

−N/A

Baseline Opportunity Cost The estimated earnings you would make with a high school diploma over 20 years ($42,000/yr), which you forfeit while studying.

$42,000 median no-degree salary × 20 years

−$840,000

20-Year Net ROI

-$291,646

Graduation Rate

28.2%

of students complete their degree

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How we calculate ROI

20-Year Net ROI = Gross Earnings − Total 1-Year Cost − Estimated Debt Payoff − Baseline Opportunity Cost

Baseline assumes $42,000/yr median earnings without a college degree. Debt payoff uses a 1.35× multiplier to account for interest over a standard repayment period.

Data sourced from the U.S. College Scorecard.