CENTRAL NEW MEXICO COMMUNITY COLLEGE
Student Perspective
ECONOMIC
IMPACT
Education Will Pay You Back—For a Lifetime
• Students enjoy an attractive 14.1% rate of return
on their CNM educational investment.
Average Earnings in CNM Service
Area
• Over the course of his or her working career, the
average CNM student’s lifetime earnings will increase $4.30 for every dollar invested in their CNM
education (in the form of tuition, fees, and forgone
earnings).
$120,000
• The average annual income of the typical associate’s degree graduate in the CNM Service Area at
the midpoint of his or her career is $41,000, 35%
more than someone with a high school diploma.
$60,000
$80,000
$40,000
$20,000
$0
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• Over the course of a working lifetime, associate’s
degree graduates in the CNM Service Area earn
$428,000 more than someone with a high school
diploma (undiscounted).
$100,000
Education Is Your Ticket to a Better Job
Projected 2021 Jobs in CNM
Service Area by Skill Level
• About 27% of these jobs will require an education level equal to an
associate’s degree or greater.
50%
Percent of Jobs
• By 2021 it is anticipated that there will be about 162,100 new and
replacement jobs available in the CNM Service Area.
40%
• Another 8% of available jobs in 2021 will require some kind of postsecondary certificate or vocational award.
30%
20%
10%
0%
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EMSI is a leading provider of socioeconomic impact and strategic planning tools to community and technical colleges in the US and Canada. Visit us at www.economicmodeling.com
for more information. To see full documentation of the study, please contact the college.
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