by our College Data Analytics TeamHere you will find what students actually borrow to attend Keene State College, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
For incoming students at Keene State, 67% of incoming students take out a loan to help cover first-year costs, borrowing on average $9,214 apiece. This figure includes both private and federally funded student loans.
Federal loans alone average $5,177, amounting to 94.1% of the $5,500 cap on first-year federal borrowing for the typical dependent student. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
For undergraduates overall at Keene State, 67% rely on federal student loans toward their education, at an average of $6,194 per year. That is 19.6% greater than the $5,177 borrowed by freshmen.
Carrying that yearly figure forward comes to roughly $12,388 across two years and $24,776 over a four-year span. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 67% |
| Average federal loan per year | $6,194 |
| Undergraduates with a federal loan | 1,809 |
| Total federal loans (one year) | $11,204,851 |
The middle borrower at Keene State owes $19,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $19,500 |
| Students who completed (graduates) | $25,749 |
| Students who withdrew | $8,250 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Keene State.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $8,250 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $31,000 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Keene State.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Keene State.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 536 | $25,732 |
| Completed (graduates) | 299 | $37,874 |
| Did not complete | 237 | $18,764 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $450.36/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Keene State.
Any-Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 526 | — |
| No Stafford loan | 10 | — |
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 506 | $27,135 |
| No Stafford loan this year | 30 | $11,111 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Keene State.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The federal two-year cohort default rate for Keene State follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 2.9% |
| Borrowers in the cohort | 1284 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Borrowing varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $18,865 |
| Middle income | $19,990 |
| High income | $20,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,990 |
| Continuing-generation students | $19,500 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,813 |
| Independent students | $14,000 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Keene State.
Subsidized and Unsubsidized Loans
Unsubsidized federal student loans accrue interest every month — even while you are still enrolled. Unless you pay that interest as it builds, the balance you owe at graduation can be noticeably higher than the amount you originally borrowed.
Important to Remember
Federal student loans are not discharged in bankruptcy in all but the rarest cases, and the government can withhold part of your income or tax refund if you default.
References
More about our data sources and methodologies.