Analysis
A business degree carrying $42,829 in estimated debtβnearly double what's typical for Maine business programsβdemands scrutiny. While similar business programs across Maine suggest first-year earnings around $45,000, the estimated debt load here significantly exceeds both the state median of $27,000 and the national median of $26,000. With 64% of students receiving Pell grants, many families are already financially stretched before taking on this additional burden.
The debt-to-earnings ratio of 0.94 means nearly an entire year's salary going toward educational debt, which creates real pressure on post-graduation finances. Maine Maritime Academy graduates in business earn more than twice this estimate, while even larger public universities like UMaine produce similar earnings with far less debt. The question becomes whether Beal's specific approach to business education justifies the premium, especially when peer programs suggest no earnings advantage.
For families weighing this option: you're looking at an estimated debt load that's $15,000-16,000 above what Maine business graduates typically carry, without clear evidence of stronger earning potential. Request detailed information from Beal about their actual graduate outcomes, job placement rates, and what specifically distinguishes their business program. Given the uncertainty inherent in these estimates and the significant debt differential, understanding what this school uniquely delivers becomes essential to justifying the investment.
Where Beal University Stands
Earnings vs. debt across all business administration, management and operations bachelors's programs nationally
Compare to Similar Programs in Maine
Business Administration, Management and Operations bachelors's programs at peer institutions in Maine (13 total in state)
Scroll to see more β
| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| β | $45,388* | β | $42,829* | β | |
| $14,746 | $98,743* | β | $27,000* | 0.27 | |
| $42,550 | $55,830* | β | $26,920* | 0.48 | |
| $42,834 | $53,238* | $48,012 | $27,000* | 0.51 | |
| $10,920 | $48,421* | $53,243 | $25,042* | 0.52 | |
| $12,606 | $45,950* | $53,668 | $27,000* | 0.59 | |
| National Median | β | $45,703* | β | $26,000* | 0.57 |
Career Paths
Occupations commonly associated with business administration, management and operations graduates
Computer and Information Systems Managers
Architectural and Engineering Managers
Biofuels/Biodiesel Technology and Product Development Managers
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Natural Sciences Managers
Clinical Research Coordinators
Water Resource Specialists
Compensation and Benefits Managers
Human Resources Managers
Sales Managers
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Beal University, approximately 64% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 10 similar programs in ME. Actual outcomes may vary.