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.

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Rank
School Name
Annual ROI
20 Year ROI annualized to represent the % of expected ROI received each year after graduation.
Annual ROI
20 Year ROI annualized to represent the % of expected ROI received each year after graduation.
Annual ROI
20 Year ROI annualized to represent the % of expected ROI received each year after graduation.
Annual ROI
20 Year ROI annualized to represent the % of expected ROI received each year after graduation.
20 Year Net ROI
 
Difference between 20 Year Median Pay for a bachelor’s grad and 24 Year Median Pay for a high school grad minus Total 4 Year Cost.
20 Year Net ROI
Difference between 20 Year Median Pay for a bachelor’s grad and 24 Year Median Pay for a high school grad minus Total 4 Year Cost.
20 Year Net ROI
Difference between 20 Year Median Pay for a bachelor’s grad and 24 Year Median Pay for a high school grad minus Total 4 Year Cost.
20 Year Net ROI
Difference between 20 Year Median Pay for a bachelor’s grad and 24 Year Median Pay for a high school grad minus Total 4 Year Cost.
Total 4 Year Cost
Full cost, including tuition & fees, room & board, and books & supplies. Actual net cost may vary based on a student’s academic success and family income. Source: IPEDS
Total 4 Year Cost
Full cost, including tuition & fees, room & board, and books & supplies. Actual net cost may vary based on a student’s academic success and family income. Source: IPEDS
Graduation Rate
% of full-time, first-time degree seeking undergrad students who began their studies at the given school and graduate within 6 years. Source: IPEDS
Typical Years to Graduate
# of years it takes for at least 65 percent of graduates from a given school to receive their diplomas. Source: IPEDS
Average Loan Amount
Received by full-time, first-time degree seeking undergrad students, multiplied to represent amount over four years. Includes all Title IV loans and all institutionally- and privately-sponsored student loans. Source: IPEDS
% Grant Money Received
% of full-time, first-time undergrads who received local, state, federal, or institutional grant aid in the 2012-2013 academic year. Source: IPEDS
110.9%10.9%12.8%12.8%$718,000$718,000$748,000$748,000$103,000$103,00062%4$70,20025%
1Maine Maritime Academy(In-State)
Annual ROI10.9%
Annual ROI10.9%
Annual ROI12.8%
Annual ROI12.8%
20 Year Net ROI$718,000
20 Year Net ROI$718,000
20 Year Net ROI$748,000
20 Year Net ROI$748,000
Total 4 Year Cost$103,000
Total 4 Year Cost$103,000
Grad Rate62%
Time to Graduate4
Loan Amt$70,200
Grant Money Received25%
28.8%8.8%10.0%10.0%$670,000$670,000$700,000$700,000$152,000$152,00062%4$70,20025%
2Maine Maritime Academy(Out-of-State)
Annual ROI8.8%
Annual ROI8.8%
Annual ROI10.0%
Annual ROI10.0%
20 Year Net ROI$670,000
20 Year Net ROI$670,000
20 Year Net ROI$700,000
20 Year Net ROI$700,000
Total 4 Year Cost$152,000
Total 4 Year Cost$152,000
Grad Rate62%
Time to Graduate4
Loan Amt$70,200
Grant Money Received25%
34.6%N/A9.7%N/A$366,000N/A$520,000N/A$251,000N/A94%4$32,20014%
3Bowdoin College(Private)
Annual ROI4.6%
Annual ROIN/A
Annual ROI9.7%
Annual ROIN/A
20 Year Net ROI$366,000
20 Year Net ROIN/A
20 Year Net ROI$520,000
20 Year Net ROIN/A
Total 4 Year Cost$251,000
Total 4 Year CostN/A
Grad Rate94%
Time to Graduate4
Loan Amt$32,200
Grant Money Received14%
44.4%N/A9.9%N/A$353,000N/A$515,000N/A$255,000N/A88%4$33,20010%
4Bates College(Private)
Annual ROI4.4%
Annual ROIN/A
Annual ROI9.9%
Annual ROIN/A
20 Year Net ROI$353,000
20 Year Net ROIN/A
20 Year Net ROI$515,000
20 Year Net ROIN/A
Total 4 Year Cost$255,000
Total 4 Year CostN/A
Grad Rate88%
Time to Graduate4
Loan Amt$33,200
Grant Money Received10%
54.4%5.0%10.5%13.0%$339,000$368,000$508,000$537,000$249,000$220,00089%4$25,2007%
5Colby College(Private)
Annual ROI4.4%
Annual ROI5.0%
Annual ROI10.5%
Annual ROI13.0%
20 Year Net ROI$339,000
20 Year Net ROI$368,000
20 Year Net ROI$508,000
20 Year Net ROI$537,000
Total 4 Year Cost$249,000
Total 4 Year Cost$220,000
Grad Rate89%
Time to Graduate4
Loan Amt$25,200
Grant Money Received7%
67.2%7.2%10.1%10.1%$283,000$283,000$323,000$323,000$94,200$94,20059%5$32,30036%
6University of Maine(In-State)
Annual ROI7.2%
Annual ROI7.2%
Annual ROI10.1%
Annual ROI10.1%
20 Year Net ROI$283,000
20 Year Net ROI$283,000
20 Year Net ROI$323,000
20 Year Net ROI$323,000
Total 4 Year Cost$94,200
Total 4 Year Cost$94,200
Grad Rate59%
Time to Graduate5
Loan Amt$32,300
Grant Money Received36%
74.2%4.2%5.6%5.6%$211,000$211,000$250,000$250,000$167,000$167,00059%5$32,30036%
7University of Maine(Out-of-State)
Annual ROI4.2%
Annual ROI4.2%
Annual ROI5.6%
Annual ROI5.6%
20 Year Net ROI$211,000
20 Year Net ROI$211,000
20 Year Net ROI$250,000
20 Year Net ROI$250,000
Total 4 Year Cost$167,000
Total 4 Year Cost$167,000
Grad Rate59%
Time to Graduate5
Loan Amt$32,300
Grant Money Received36%
83.4%3.9%6.6%7.6%$180,000$197,000$268,000$284,000$190,000$174,00054%4$32,40036%
8Saint Joseph's College of Maine(Private)
Annual ROI3.4%
Annual ROI3.9%
Annual ROI6.6%
Annual ROI7.6%
20 Year Net ROI$180,000
20 Year Net ROI$197,000
20 Year Net ROI$268,000
20 Year Net ROI$284,000
Total 4 Year Cost$190,000
Total 4 Year Cost$174,000
Grad Rate54%
Time to Graduate4
Loan Amt$32,400
Grant Money Received36%
93.2%3.4%5.5%5.9%$179,000$188,000$252,000$262,000$206,000$197,00058%4$48,20026%
9University of New England(Private)
Annual ROI3.2%
Annual ROI3.4%
Annual ROI5.5%
Annual ROI5.9%
20 Year Net ROI$179,000
20 Year Net ROI$188,000
20 Year Net ROI$252,000
20 Year Net ROI$262,000
Total 4 Year Cost$206,000
Total 4 Year Cost$197,000
Grad Rate58%
Time to Graduate4
Loan Amt$48,200
Grant Money Received26%
104.0%4.5%7.0%7.8%$178,000$191,000$241,000$254,000$148,000$135,00045%4$40,30055%
10Thomas College(Private)
Annual ROI4.0%
Annual ROI4.5%
Annual ROI7.0%
Annual ROI7.8%
20 Year Net ROI$178,000
20 Year Net ROI$191,000
20 Year Net ROI$241,000
20 Year Net ROI$254,000
Total 4 Year Cost$148,000
Total 4 Year Cost$135,000
Grad Rate45%
Time to Graduate4
Loan Amt$40,300
Grant Money Received55%
115.5%5.5%7.6%7.6%$177,000$177,000$206,000$206,000$91,900$91,90034%5$27,60047%
11University of Southern Maine(In-State)
Annual ROI5.5%
Annual ROI5.5%
Annual ROI7.6%
Annual ROI7.6%
20 Year Net ROI$177,000
20 Year Net ROI$177,000
20 Year Net ROI$206,000
20 Year Net ROI$206,000
Total 4 Year Cost$91,900
Total 4 Year Cost$91,900
Grad Rate34%
Time to Graduate5
Loan Amt$27,600
Grant Money Received47%
123.4%3.4%4.7%4.7%$132,000$132,000$162,000$162,000$136,000$136,00034%5$27,60047%
12University of Southern Maine(Out-of-State)
Annual ROI3.4%
Annual ROI3.4%
Annual ROI4.7%
Annual ROI4.7%
20 Year Net ROI$132,000
20 Year Net ROI$132,000
20 Year Net ROI$162,000
20 Year Net ROI$162,000
Total 4 Year Cost$136,000
Total 4 Year Cost$136,000
Grad Rate34%
Time to Graduate5
Loan Amt$27,600
Grant Money Received47%
134.8%5.0%6.5%6.7%$118,000$120,000$139,000$141,000$75,600$73,80035%5$28,30044%
13University of Maine at Fort Kent(In-State)
Annual ROI4.8%
Annual ROI5.0%
Annual ROI6.5%
Annual ROI6.7%
20 Year Net ROI$118,000
20 Year Net ROI$120,000
20 Year Net ROI$139,000
20 Year Net ROI$141,000
Total 4 Year Cost$75,600
Total 4 Year Cost$73,800
Grad Rate35%
Time to Graduate5
Loan Amt$28,300
Grant Money Received44%
143.8%3.9%5.1%5.3%$102,000$103,000$123,000$124,000$92,400$90,70035%5$28,30044%
14University of Maine at Fort Kent(Out-of-State)
Annual ROI3.8%
Annual ROI3.9%
Annual ROI5.1%
Annual ROI5.3%
20 Year Net ROI$102,000
20 Year Net ROI$103,000
20 Year Net ROI$123,000
20 Year Net ROI$124,000
Total 4 Year Cost$92,400
Total 4 Year Cost$90,700
Grad Rate35%
Time to Graduate5
Loan Amt$28,300
Grant Money Received44%
152.6%2.6%4.8%4.8%$57,200$57,200$87,000$87,000$86,300$86,30056%4$26,80047%
15University of Maine at Farmington(In-State)
Annual ROI2.6%
Annual ROI2.6%
Annual ROI4.8%
Annual ROI4.8%
20 Year Net ROI$57,200
20 Year Net ROI$57,200
20 Year Net ROI$87,000
20 Year Net ROI$87,000
Total 4 Year Cost$86,300
Total 4 Year Cost$86,300
Grad Rate56%
Time to Graduate4
Loan Amt$26,800
Grant Money Received47%

* N/A indicates school does not have an on campus living option.

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. 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.


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