Student Outcomes
- Graduation Rate (4-year)
- 61.0%
- Graduation Rate (6-year)
- 63.6%
- Retention Rate
- 71.8%
- Median Earnings (10 years after entry)
- $58,063
- Median Debt at Graduation
- $27,000
- Student-to-Faculty Ratio
- 15:1
- Loan Repayment Rate
- 67.4%
- Estimated Monthly Loan Payment
- $286/mo
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Business Administration, Management and Operations. | Master | $65,387 | $29,640 |
| Business/Managerial Economics. | Bachelor | $55,964 | |
| Accounting and Related Services. | Bachelor | $51,169 | $23,250 |
| Finance and Financial Management Services. | Bachelor | $50,717 | $25,522 |
| Business Administration, Management and Operations. | Bachelor | $48,432 | $27,000 |
| Marketing. | Bachelor | $46,478 | $26,949 |
| Business/Commerce, General. | Bachelor | $45,956 | $19,000 |
| Criminal Justice and Corrections. | Bachelor | $39,729 | $27,000 |
| Hospitality Administration/Management. | Bachelor | $38,289 | |
| Health and Physical Education/Fitness. | Bachelor | $35,060 | $27,000 |
| Psychology, General. | Bachelor | $29,685 |
Outcomes Overview
Nichols graduates enter the workforce with $27,000 in median debt, creating a manageable debt-to-earnings ratio of 0.47 when measured against their $58,063 median income. Monthly loan payments of $286 consume about 5.8% of typical graduate earnings. The college's business focus shows in employment outcomes, with 98.1% of graduates finding work shortly after graduation. Many enter roles in finance, marketing, and management where Nichols' practical curriculum proves valuable to employers. Starting salaries of $46,704 grow steadily, reaching $63,107 by year five. The combination of strong employment rates, reasonable debt loads, and solid earning potential creates a strong return on investment for business-minded students.