At $20,348/yr net price, Pima Medical Institute-Albuquerque graduates earn $30,917/yr within 10 years of enrollment.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $20,348 |
| Estimated 4-Year Cost | $81,392 |
| Median Earnings (10yr post-entry) | $30,917/yr |
| Earnings Premium vs. HS Diploma | $-3,083/yr |
| Graduation Rate (6-year) | 59.2% |
| Median Debt at Graduation | $5,500 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $20,486/yr |
| $30,001 - $48,000 | $19,091/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Allied Health and Medical Assisting Services. | Certificate | $24,642 | $9,460 |
| Somatic Bodywork and Related Therapeutic Services. | Certificate | $18,967 |
The Risk Factor
59.2% of students at Pima Medical Institute-Albuquerque graduate within 6 years. More than half of students finish, but the dropout rate is a real factor in whether this investment pays off.
Analysis
Pima Medical Institute-Albuquerque delivers weak financial returns that put most graduates in a difficult position. With median earnings of just $30,917 ten years after graduation and an annual cost of $20,348, you're looking at a payback period that stretches well beyond what most healthcare programs should require.
The numbers get worse when you examine specific programs. Allied Health and Medical Assisting Services graduates earn only $24,642 annually while carrying $9,460 in debt, creating a debt-to-income ratio that signals financial stress. The Somatic Bodywork program produces even lower returns at $18,967 per year, making it nearly impossible to justify the investment.
Your biggest risk here is Albuquerque's limited healthcare job market combined with wages that lag behind national averages for medical technicians and assistants. The 59% graduation rate means four out of ten students leave without completing their program, often still carrying debt.
This school makes financial sense only if you have family connections in local healthcare facilities or can secure guaranteed employment before enrolling. If you need student loans to attend, you should strongly consider community college medical programs or larger institutions with better job placement networks.
The relatively low median debt of $5,500 suggests many students pay cash or receive substantial aid, which explains how some make the economics work. If you qualify for significant financial aid that reduces your out-of-pocket costs below $10,000 annually, the investment becomes more reasonable. Without that aid cushion, you're likely better served by exploring other pathways into healthcare careers.
Frequently Asked Questions
Is Pima Medical Institute-Albuquerque worth the cost?
With graduates earning $30,917 annually after paying $20,348 per year, the return on investment is marginal. The low median debt of $5,500 helps, but earnings barely exceed what many entry-level jobs pay without a degree.
What programs at Pima Medical Institute-Albuquerque have the best ROI?
Allied Health and Medical Assisting Services graduates earn $24,642, which is below the national average for healthcare workers. The Somatic Bodywork program shows even lower earnings at $18,967, making both programs financially risky investments.
How much debt do Pima Medical Institute-Albuquerque graduates typically have?
The median debt is relatively low at $5,500, which is better than most private schools. However, with the low graduation rate of 59%, many students may leave with debt and no credential.
Do Pima Medical Institute-Albuquerque graduates get good jobs after graduation?
Graduate earnings of $30,917 are low for healthcare fields, and the 59% graduation rate means two in five students don't finish. The school's job placement data would be more telling than earnings alone.