Median Earnings (1yr)
$47,356
23rd percentile
40th percentile in Maine
Median Debt
$27,000
8% above national median

Analysis

Thomas College's accounting program falls short of what you'd expect from a professional degree path, even accounting for Maine's regional salary differences. First-year earnings of $47,356 land graduates below the state's median of $48,330 and trail in-state competitors like Husson ($57,574) and University of Southern Maine ($51,379) by substantial margins. The $27,000 debt load matches the state median, yielding a manageable 0.57 debt-to-earnings ratio, but that's cold comfort when stronger programs exist nearby at similar cost.

The concerning part isn't just the starting salary—it's the competitive position. Ranking in the 40th percentile statewide and just 23rd percentile nationally suggests this program isn't preparing graduates as effectively as alternatives. For parents weighing options, Husson University delivers $10,000 more in first-year earnings with comparable debt, which compounds to a six-figure difference over a career. Even the public University of Southern Maine beats Thomas by nearly $4,000 annually.

One caveat: the small sample size (under 30 graduates) means individual outcomes could vary significantly from these medians. But unless your child has compelling reasons to choose Thomas specifically—perhaps unique scholarships or personal circumstances—Maine's other accounting programs offer better returns on investment. The 97% admission rate signals accessibility, but in professional fields like accounting where credentials and outcomes matter, accessibility shouldn't trump effectiveness.

Where Thomas College Stands

Earnings vs. debt across all accounting bachelors's programs nationally

Earnings Distribution

How Thomas College graduates compare to all 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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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Thomas CollegeWaterville$30,896$47,356$27,0000.57
Husson UniversityBangor$22,194$57,574$55,677$27,3750.48
University of Southern MainePortland$10,920$51,379$57,999$19,2300.37
University of Maine at AugustaAugusta$8,618$48,330$43,008$29,5030.61
University of MaineOrono$12,606$48,256$55,998$27,0000.56
National Median$53,694$25,0000.47

Career Paths

Occupations commonly associated with accounting graduates

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

$161,700/yrJobs growth:Bachelor's degree

Treasurers and Controllers

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

$161,700/yrJobs growth:Bachelor's degree

Investment Fund Managers

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$161,700/yrJobs growth:Bachelor's degree

Financial and Investment Analysts

Conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses.

$101,910/yrJobs growth:Bachelor's degree

Financial Risk Specialists

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.

$101,910/yrJobs growth:Bachelor's degree

Financial Examiners

Enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify, or authenticate records.

$90,400/yrJobs growth:Bachelor's degree

Budget Analysts

Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.

$87,930/yrJobs growth:Bachelor's degree

Business Teachers, Postsecondary

Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Accountants and Auditors

Examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data.

$81,680/yrJobs growth:Bachelor's degree

Tax Examiners and Collectors, and Revenue Agents

Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.

$59,740/yrJobs growth:Bachelor's degree

Bookkeeping, Accounting, and Auditing Clerks

Compute, classify, and record numerical data to keep financial records complete. Perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records. May also check the accuracy of figures, calculations, and postings pertaining to business transactions recorded by other workers.

$49,210/yrJobs growth:Some college, no degree

Payroll and Timekeeping Clerks

Compile and record employee time and payroll data. May compute employees' time worked, production, and commission. May compute and post wages and deductions, or prepare paychecks.

$48,650/yrJobs growth:High school diploma or equivalent
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 Thomas College, approximately 15% 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.

Sample Size: Based on 19 graduates with reported earnings and 21 graduates with debt data. Small samples may not be representative.