Analysis
Keene State's business program sits in an awkward middle position within New Hampshire. While it edges slightly above the national median for business programs at $47,847 starting salary, it falls below the state median of $48,700βlanding in just the 40th percentile among New Hampshire schools. That gap matters because students typically choose between in-state options, and here they'd graduate earning $10,000-$12,000 less annually than peers from UNH or Southern New Hampshire University, both accessible public alternatives.
The $26,000 debt load is reasonable and matches both national and state benchmarks, creating a manageable debt-to-earnings ratio of 0.54. Graduates can expect steady progress, with earnings climbing to $53,146 by year fourβan 11% increase that suggests decent career momentum. However, even with that growth, Keene State graduates still trail their in-state counterparts by a meaningful margin.
For families prioritizing the small-college experience at Keene State, the business program won't saddle students with excessive debt. But if maximizing early career earnings is the goal, and your child can gain admission to UNH or handle the online format at SNHU, those programs deliver notably stronger financial returns without significantly higher debt. The program works fine; it just doesn't stand out in a competitive New Hampshire market.
Where Keene State College Stands
Earnings vs. debt across all business administration, management and operations bachelors's programs nationally
Earnings Distribution
How Keene State College graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Keene State College | $47,847 | $53,146 | +11% |
| University of New Hampshire College of Professional Studies Online | $51,854 | $74,655 | +44% |
| University of New Hampshire-Main Campus | $57,015 | $74,655 | +31% |
| Southern New Hampshire University | $60,136 | $62,590 | +4% |
| Colby-Sawyer College | $54,304 | $60,750 | +12% |
Compare to Similar Programs in New Hampshire
Business Administration, Management and Operations bachelors's programs at peer institutions in New Hampshire (9 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $14,710 | $47,847 | $53,146 | $26,000 | 0.54 | |
| $16,450 | $60,136 | $62,590 | $32,001 | 0.53 | |
| $19,112 | $57,015 | $74,655 | $27,000 | 0.47 | |
| $18,400 | $54,304 | $60,750 | $27,000 | 0.50 | |
| $7,812 | $51,854 | $74,655 | $27,000 | 0.52 | |
| $44,963 | $48,700 | $56,170 | $27,000 | 0.55 | |
| National Median | β | $45,703 | β | $26,000 | 0.57 |
Career Paths
Occupations commonly associated with business administration, management and operations graduates
Computer and Information Systems Managers
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Compensation and Benefits Managers
Human Resources Managers
Sales Managers
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Keene State College, approximately 24% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Sample Size: Based on 80 graduates with reported earnings and 75 graduates with debt data. Small samples may not be representative.