Best Value Colleges in Maine

Famous for lobster, rolling hills, Stephen King, thick forests and an even thicker Down East accent, Maine is the northernmost state in New England and home to a host of great colleges.

If you are looking for the best value college in Maine, PayScale's College ROI Report can help you evaluate schools based on their financial return on investment.  Read More

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1Maine Maritime Academy(In-State)
20 Year Net ROI$725,000
Total 4 Year Cost$100,000
Grad Rate70%
Time to Graduate4 Years
Loan Amt$43,200
2Maine Maritime Academy(Out-of-State)
20 Year Net ROI$680,000
Total 4 Year Cost$145,000
Grad Rate70%
Time to Graduate4 Years
Loan Amt$43,200
3Bowdoin College(Private)
20 Year Net ROI$336,000
Total 4 Year Cost$243,000
Grad Rate93%
Time to Graduate4 Years
Loan Amt$22,900
4Bates College(Private)
20 Year Net ROI$318,000
Total 4 Year Cost$248,000
Grad Rate88%
Time to Graduate4 Years
Loan Amt$23,600
5Colby College(Private)
20 Year Net ROI$316,000
Total 4 Year Cost$241,000
Grad Rate90%
Time to Graduate4 Years
Loan Amt$30,600
6University of Maine at Orono(In-State)
20 Year Net ROI$270,000
Total 4 Year Cost$93,600
Grad Rate60%
Time to Graduate5 Years
Loan Amt$32,900
7University of Maine at Orono(Out-of-State)
20 Year Net ROI$200,000
Total 4 Year Cost$164,000
Grad Rate60%
Time to Graduate5 Years
Loan Amt$32,900
8Saint Joseph's College of Maine(Private)
20 Year Net ROI$175,000
Total 4 Year Cost$185,000
Grad Rate63%
Time to Graduate4 Years
Loan Amt$38,700
9Thomas College(Private)
20 Year Net ROI$166,000
Total 4 Year Cost$144,000
Grad Rate43%
Time to Graduate5 Years
Loan Amt$34,100
10University of Southern Maine (USM)(In-State)
20 Year Net ROI$164,000
Total 4 Year Cost$92,900
Grad Rate32%
Time to Graduate5 Years
Loan Amt$28,400
11University of New England (UNE)(Private)
20 Year Net ROI$163,000
Total 4 Year Cost$202,000
Grad Rate57%
Time to Graduate4 Years
Loan Amt$47,500
12University of Southern Maine (USM)(Out-of-State)
20 Year Net ROI$120,000
Total 4 Year Cost$137,000
Grad Rate32%
Time to Graduate5 Years
Loan Amt$28,400
13University of Maine at Fort Kent (UMFK)(In-State)
20 Year Net ROI$97,800
Total 4 Year Cost$75,200
Grad Rate50%
Time to Graduate5 Years
Loan Amt$24,800
14University of Maine at Fort Kent (UMFK)(Out-of-State)
20 Year Net ROI$74,600
Total 4 Year Cost$98,400
Grad Rate50%
Time to Graduate5 Years
Loan Amt$24,800
15University of Maine at Farmington (UMF)(In-State)
20 Year Net ROI$59,600
Total 4 Year Cost$85,700
Grad Rate54%
Time to Graduate4 Years
Loan Amt$27,900

*NOTE: Unranked schools on this list don’t have on-campus living options, so on-campus costs are not available.

To do this, we calculate the net 20-year ROI and use it to compare colleges in our Maine College ROI Report rankings. We've arrived at the net 20-year ROI or return on investment by determining how much high school graduates typically earn in a 20-year period after graduation. We took the responses from alumni from each college who took the PayScale Salary Survey to determine their median 20-year earnings. We subtracted tuition and other educational costs, and then arrived at the net 20-year ROI for each school.

The University of Maine at Orono has produced a number of famous alumni, including authors Stephen King and Tabitha King. This illustrious list also includes U.S. Senator Olympia Snowe and former football player Mike Flynn. The University of Maine is an NCAA hockey powerhouse, and has several graduates who played professionally, including Jack Capuano, Mike Dunham and Gustav Nyquist.

PayScale's Maine College ROI Report makes it easy to think about education in terms of college return on investment. The value of education can't only be measured in dollars, but by thinking about the financial implications of the cost of attending college, you can choose a school that makes sense for you.