Analysis
Maine accounting programs cluster tightly around $48,000 in first-year earnings, and Saint Joseph's appears positioned squarely in this range based on state medians. That's roughly $5,000 below the national benchmark for accounting degrees, though it's worth noting that Maine's cost of living runs lower than many regions where accounting salaries skew higher. The estimated debt of $26,588—derived from similar private colleges nationally—translates to a debt-to-earnings ratio of 0.55, which sits comfortably in manageable territory for a professional credential.
The challenge here is benchmarking against Maine competitors with stronger reported outcomes. Husson University, for instance, shows accounting graduates earning nearly $10,000 more in their first year. That gap matters when you're servicing similar debt loads—it's the difference between comfortable repayment and tight budgets. Saint Joseph's 82% admission rate and lower academic profile suggest it may serve students who wouldn't gain admission to more selective programs, but parents should understand they're likely paying private-college debt for outcomes that mirror Maine's public university system.
For families committed to keeping their student in Maine and prioritizing a small-college environment, the numbers here don't present red flags—accounting remains a practical major with clear employment paths. But if your child has options at Husson or USM, those programs appear to deliver materially better returns on similar educational investments.
Where Saint Joseph's College of Maine Stands
Earnings vs. debt across all accounting bachelors's programs nationally
Compare to Similar Programs in Maine
Accounting bachelors's programs at peer institutions in Maine (7 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $42,834 | $48,330* | — | $26,588* | — | |
| $22,194 | $57,574* | $55,677 | $27,375* | 0.48 | |
| $10,920 | $51,379* | $57,999 | $19,230* | 0.37 | |
| $8,618 | $48,330* | $43,008 | $29,503* | 0.61 | |
| $12,606 | $48,256* | $55,998 | $27,000* | 0.56 | |
| $30,896 | $47,356* | — | $27,000* | 0.57 | |
| National Median | — | $53,694* | — | $25,000* | 0.47 |
Career Paths
Occupations commonly associated with accounting graduates
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Financial and Investment Analysts
Financial Risk Specialists
Financial Examiners
Budget Analysts
Business Teachers, Postsecondary
Accountants and Auditors
Tax Examiners and Collectors, and Revenue Agents
Bookkeeping, Accounting, and Auditing Clerks
Payroll and Timekeeping Clerks
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 Saint Joseph's College of Maine, approximately 20% 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 5 similar programs in ME. Actual outcomes may vary.