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Lakes Region Community College

Laconia, NH 03246 — Public

Value Score: 90/100 | ROI Score: 90 | Affordability Score: 90/100

Tuition (In-State): $6,720 | Out-of-State: $14,970

Graduation Rate: 44.5%

Median Earnings (10yr): $51,182 | Median Debt: $18,525

Student Body Size: 482 (small)

Pell Grant Recipients: 26.9% | Federal Loan Rate: 27.5%

Average Faculty Salary: $6,628/month

Tuition & Affordability Analysis

In-state tuition at Lakes Region Community College is $6,720 per year, which is 39% below the national average for public institutions.

Out-of-state students pay $14,970/year — a premium of $8,250 over in-state rates. Over four years, out-of-state students pay approximately $33,000 more than their in-state peers.

Estimated four-year tuition cost: $26,880 (tuition only, not including room, board, and fees).

What You Actually Pay: Net Price by Family Income

The sticker price rarely reflects what families actually pay. After grants and scholarships, here is the average net price by family income bracket at Lakes Region Community College:

  • Families earning $0–$30,000: $12,270/year
  • Families earning $30,001–$48,000: $17,404/year
  • Families earning $75,001–$110,000: $21,171/year
  • Families earning $110,000+: $20,947/year

Graduate Outcomes & Return on Investment

44.5% of students at Lakes Region Community College complete their degree, 28% below the national average. This is below average — prospective students should investigate support services and retention programs.

Graduates of Lakes Region Community College earn a median salary of $51,182 ten years after enrollment, 25% above the national average. This represents a $16,182/year earnings premium over the average high school diploma holder, or $485,460 in additional lifetime earnings over a 30-year career.

The median student debt at graduation is $18,525, 14% below the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $201/month, with a total repayment of $24,120 (including $5,595 in interest).

Debt-to-Earnings Ratio: 0.36x. This is an excellent ratio — graduates carry manageable debt relative to their earning power.

Breakeven Point: Based on the earnings premium over high school graduates, a degree from Lakes Region Community College pays for itself in approximately 2 years. This is an excellent return on investment.

Financial Aid Profile

26.9% of students at Lakes Region Community College receive Pell Grants (federal need-based aid for families earning under ~$60,000), 18% below the national average. A lower Pell rate suggests the student body skews toward higher-income families. Merit aid may be more prevalent than need-based aid.

27.5% of students take federal loans, 42% below the national average. A low loan rate suggests strong institutional aid or a wealthier student body that doesn't need to borrow.

Average faculty salary: $6,628/month, 24% below the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.

Student Body & Campus Diversity

Lakes Region Community College enrolls 482 undergraduate students. As a small institution, students can expect smaller class sizes, closer faculty relationships, and a tight-knit campus community.

Diversity Index: 42/100 (higher = more diverse). The student body is less diverse than average.

Student body composition: White 76%, Hispanic 7%, Black 1%, Asian 1%.

Lakes Region Community College: Affordable and High-Earning Pathway

Report Card: Overall Grade B-

Lakes Region Community College receives an overall grade of B- based on six dimensions:

  • Academics: D
  • Value: B
  • Outcomes: C+
  • Affordability: A

College Analysis

Lakes Region Community College is a Public institution in Laconia, NH with approximately 482 students. Academics: Offers a range of associate degrees and certificates. Value: High affordability with low tuition and strong ROI. Outcomes: Graduates earn above the national average in earnings after 10 years. Value: Low student debt compared to peers.

The Verdict: Is Lakes Region Community College Worth It?

Lakes Region Community College presents a compelling case for value, especially for in-state students. With an in-state tuition of $6,720 and a median debt of $18,525, the financial burden is significantly lower than many four-year institutions. The median earnings of $51,182 after 10 years suggest a solid return on investment, with the potential for graduates to pay off their median debt within approximately 4-5 years, assuming a reasonable portion of their income is allocated to debt repayment. The ROI score of 90 further reinforces its strong value proposition. For students seeking practical, career-focused education that leads directly to employment in high-demand fields within New Hampshire, LRCC is an excellent financial decision. The cost is a fraction of a bachelor's degree, and the outcomes demonstrate a clear pathway to earning a respectable living. It's a hidden gem for those prioritizing affordability and regional job market relevance over a traditional four-year university experience. The recommendation is clear: for residents of New Hampshire seeking a cost-effective education with strong local career prospects, LRCC is a very good deal.

Return on Investment

The degree is highly worth the cost given the strong ROI and low student debt.

Debt Reality Check

Median student debt at Lakes Region Community College: $18,525. Monthly payment on a standard 10-year plan: $210/month. Total repaid: $25,200 ($6,675 in interest).

Breakeven vs high school diploma: 0.9 years. Debt burden: Low. Salary needed for comfortable repayment: $25,200.

Strengths

  • Strong focus on practical, career-oriented programs.
  • High student satisfaction with low debt.

Weaknesses

  • Limited campus resources compared to larger institutions.
  • Smaller student body size.

Academic Profile

LRCC excels in providing hands-on, career-oriented education, a hallmark of its public community college mission. The college is particularly strong in its technical and allied health programs. Departments like Nursing, Automotive Technology, and Culinary Arts are highly regarded, often featuring state-of-the-art facilities and curricula designed in direct consultation with industry partners. This ensures graduates are job-ready. While specific research opportunities for undergraduates are limited due to the nature of community college programs, faculty are deeply invested in applied learning and often involve students in projects that have real-world impact. Faculty quality is a significant asset; while monthly salary data isn't available, community college instructors are typically experienced professionals passionate about teaching and student success. The student-faculty ratio, though not explicitly provided, is generally low at institutions like LRCC, allowing for personalized attention. Academic support is robust, with services like tutoring, academic advising, and career services readily available to help students navigate their studies and plan for post-graduation pathways, whether that's entering the workforce or transferring to a four-year institution.

Financial Aid Guide for Lakes Region Community College

Pell Grant recipients: 26.9%. Students taking federal loans: 27.5%.

Navigating financial aid at Lakes Region Community College is a practical process geared towards making education accessible. As a public institution, LRCC is committed to affordability, with in-state tuition at $6,720 and out-of-state at $14,970 annually. Merit-based aid is less common here; the primary focus is on need-based aid, including federal grants like the Pell Grant (though the rate is not specified, it's a key component for eligible students) and state grants. Work-study opportunities are often available, providing students with part-time jobs on campus or with approved off-campus employers, allowing them to earn money to help cover educational expenses. For students from lower-income households, a significant portion of tuition and living costs may be covered by a combination of grants and loans. For example, a student with a family income below $30,000 might receive substantial grant aid, potentially covering most tuition and fees. Out-of-state students will face higher tuition, and their aid packages will reflect this. While LRCC doesn't typically engage in extensive aid negotiation like some private four-year institutions, students are encouraged to meet with the financial aid office to discuss their specific circumstances, especially if there have been changes in their financial situation. Scholarship opportunities, often from local businesses and community foundations, are also available and advertised through the college's financial aid office.

Hidden Costs at Lakes Region Community College

  • Textbooks and course materials can range from $800 to $1,200 per academic year.
  • Transportation costs for commuting students, including gas and vehicle maintenance, could add $500 to $1,500 annually depending on distance.
  • Parking permits, if required for on-campus parking, typically cost around $50 to $100 per semester.
  • Student activity fees, often mandatory, can be $50 to $150 per semester.
  • Personal supplies and technology (laptops, software) might require an additional $300 to $800.
  • Health insurance, if not covered by a parent's plan, can cost upwards of $2,000 to $3,000 annually.
  • Potential costs for program-specific equipment or uniforms, especially in technical fields, could be $200 to $500.

Alumni Outcomes & Career Paths

Lakes Region Community College (LRCC) in Laconia, NH, positions its graduates for success primarily within the vibrant regional economy of New Hampshire and surrounding New England states. While specific data on major employers actively recruiting on campus is not publicly detailed, graduates from LRCC's career and technical programs often find employment with local businesses and organizations that form the backbone of the Lakes Region. Key industries where alumni tend to cluster include healthcare, advanced manufacturing, hospitality, and public service. For instance, graduates from the nursing program are sought after by facilities like Lakes Region General Hospital and various elder care communities throughout the area. Those in advanced manufacturing programs may find roles at companies such as Aavid Thermacore or other precision engineering firms in the broader central New Hampshire corridor. The hospitality and culinary arts programs feed into the robust tourism sector, with alumni working at popular resorts, restaurants, and event venues around Lake Winnipesaukee. While LRCC is a community college and direct graduate school placement rates are not a primary focus, many students utilize their LRCC education as a stepping stone to a four-year degree at institutions like the University of New Hampshire or Plymouth State University, often transferring credits seamlessly. Career services at LRCC are dedicated to providing resume assistance, interview preparation, and connecting students with local internship and job opportunities. Internship pipelines are strong within the local business community, offering hands-on experience that directly translates to employment. Geographic hiring patterns show a strong tendency for graduates to remain within a 50-mile radius of Laconia, serving the immediate Lakes Region and extending into the Concord and Manchester metropolitan areas.

Campus Life & Culture at Lakes Region Community College

The student body at LRCC is primarily composed of New Hampshire residents, with a significant portion being adult learners returning to education or seeking career changes. The college thrives with students who are motivated, practical, and seeking direct pathways to employment or further specialized training.

Lakes Region Community College (LRCC) offers a close-knit campus experience, characteristic of its smaller size with around 482 students. The 'vibe' here is decidedly practical and community-focused, with students often balancing coursework with work and family responsibilities. Social life isn't centered around a traditional Greek system or large-scale athletic events, but rather thrives on smaller, student-driven activities and clubs. The Student Government Association is active in organizing events, from movie nights to community service projects. Campus features include modern classrooms and labs, designed to support the college's career-focused programs. While there isn't on-campus housing, the surrounding Laconia area offers various apartment complexes and shared housing options, often sought by students who commute. Dining is typically handled through local eateries or by students bringing their own meals, aligning with the commuter-student model. The focus is on academic and career development, with social opportunities emerging organically through shared interests in clubs like the Environmental Club or the Automotive Technology Club. It's a place where students connect through shared academic goals and a desire for practical skills, fostering a supportive and collaborative atmosphere rather than a boisterous party scene.

Campus Highlights

  • Strong emphasis on career-ready technical programs like Nursing and Automotive Technology.
  • Close-knit community feel due to small student enrollment.
  • Affordable tuition, especially for in-state residents.
  • Dedicated career services and academic support resources.
  • Location in the scenic Lakes Region, offering outdoor recreational opportunities.
  • Faculty often possess significant industry experience, bringing real-world knowledge to the classroom.

Location & Regional Advantages

The geographic advantage of Lakes Region Community College in Laconia, NH, is deeply intertwined with its identity as a community-focused institution serving central New Hampshire. Laconia itself offers a relatively low cost of living compared to major New England hubs, making LRCC an accessible option for many. The immediate Lakes Region, centered around Lake Winnipesaukee, boasts a strong seasonal economy driven by tourism and recreation, creating opportunities in hospitality, retail, and service industries. Beyond tourism, the region is home to a growing number of advanced manufacturing companies and healthcare providers, offering stable career paths for LRCC graduates. Proximity to larger economic centers like Concord (the state capital) and Manchester (New Hampshire's largest city) is also a significant benefit, providing access to a broader job market and more diverse industries, including technology, finance, and government. This allows LRCC graduates to find employment locally or commute to these larger cities. The quality of life in the Lakes Region is a major draw, characterized by abundant outdoor recreational activities, a strong sense of community, and relatively safe environments. While New Hampshire experiences distinct seasons, including cold winters, the natural beauty and access to outdoor pursuits are highly valued. This combination of affordability, local industry demand, and access to larger economic hubs makes LRCC's location a strategic asset for career development within the state.

How to Get Into Lakes Region Community College

Applying to Lakes Region Community College is a straightforward process designed to welcome students seeking practical education. As a community college with an open-door policy for many programs, the focus is less on highly selective admissions and more on ensuring students have the foundational skills or willingness to develop them. GPA and test scores are generally not the primary barriers; instead, the college looks for a commitment to learning and career goals. For programs with limited enrollment, such as Nursing, there may be specific prerequisite courses or higher academic standards. The admissions office values a clear understanding of why a student is choosing LRCC and their chosen program. Essays are typically not a major component unless required for specific competitive programs, and demonstrated interest is usually shown through active engagement with the admissions office, attending information sessions, or visiting campus. The timeline is flexible, but applying early, especially for fall admission, is always recommended to secure a spot in popular programs and allow ample time for financial aid processing. The key is to demonstrate readiness and a clear educational objective.

How Lakes Region Community College Compares to Similar Schools

Similar schools: Nashua Community College, Manchester Community College, Great Bay Community College

Advantages

  • Strong focus on the unique economic drivers of the Lakes Region (tourism, recreation, local manufacturing)
  • Lower overall student population allows for more personalized attention
  • More affordable in-state tuition compared to some other NH community colleges

Disadvantages

  • Fewer program offerings compared to larger community colleges
  • Less extensive alumni network due to smaller size and geographic focus
  • Potentially fewer articulation agreements with four-year institutions compared to larger campuses

Best For

  • Prospective students interested in large campus resources and diverse extracurricular activities.
  • Students seeking a high-cost-of-living environment.

Avoid If

  • Students looking for a small, community-focused college experience.
  • Individuals prioritizing affordability and strong ROI.

Frequently Asked Questions about Lakes Region Community College

How much does it cost to attend Lakes Region Community College?

In-state tuition at Lakes Region Community College is $6,720 per year, and out-of-state tuition is $14,970 per year. The median student debt at graduation is $18,525.

What is the graduation rate at Lakes Region Community College?

Lakes Region Community College has a graduation rate of 44.5%.

How much do Lakes Region Community College graduates earn?

The median earnings for Lakes Region Community College graduates 10 years after enrollment is $51,182. With median debt of $18,525, graduates earn roughly 2.8x their debt level annually.

How big is Lakes Region Community College?

Lakes Region Community College has approximately 482 students and is classified as a small institution. It is located in Laconia, NH and is a Public institution.

Is Lakes Region Community College worth the cost?

Lakes Region Community College has an ROI score of 90 out of 100. With in-state tuition of $6,720 per year and median post-graduation earnings of $51,182, the data suggests a positive return on investment.

Where is Lakes Region Community College located?

Lakes Region Community College is located in Laconia, NH. It is a Public institution with approximately 482 students.

How much student debt do Lakes Region Community College graduates have?

The median student debt for Lakes Region Community College graduates is $18,525. With median earnings of $51,182 ten years after enrollment, graduates can expect a debt-to-income ratio of 36%.

Is Lakes Region Community College a good college?

Lakes Region Community College has a graduation rate of 44.5% and median post-graduation earnings of $51,182. High graduation rate of 44.45%.

How does Lakes Region Community College compare to similar colleges?

Strong ROI score of 90. Compared to peer institutions, Lakes Region Community College offers a more affordable and value-driven education with strong earning potential.

What career prospects do Lakes Region Community College graduates have?

Graduates are well-positioned for careers in healthcare, technology, and business fields.

What should prospective students know about Lakes Region Community College?

Located in a small town, it may not offer the same urban amenities as larger institutions.

What makes Lakes Region Community College stand out?

Low median debt of $18,525.

What are the pros and cons of attending Lakes Region Community College?

Public institution with in-state tuition of $6,720.

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Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.