Analysis
Thomas College's business program starts graduates at $42,478—below both state and national medians—but the earnings trajectory tells a more optimistic story. That 38% jump to $58,478 by year four represents substantial growth that eventually exceeds Maine's median and comes close to the national 75th percentile. Among Maine's 13 business programs, this ranks just below the middle of the pack initially, but the growth rate suggests graduates gain valuable skills that employers increasingly reward.
The debt picture is reasonable at $23,707, actually lower than both state and national medians despite being in the 66th percentile nationally. With a debt-to-earnings ratio of 0.56, first-year graduates would need to allocate about half their annual salary to pay off loans in a year—manageable given the strong earnings progression. The program can't compete with Maine Maritime's specialized business offerings or University of New England's outcomes, but it outpaces half the state's options by year four.
For families considering this program, the key question is whether your student can weather that first year at below-average pay. If they can—and moderate debt helps here—the earnings growth suggests Thomas is developing graduates who become more valuable over time. This isn't the safest bet in Maine business education, but the four-year numbers show it's far from the worst investment either.
Where Thomas College Stands
Earnings vs. debt across all business administration, management and operations bachelors's programs nationally
Earnings Distribution
How Thomas College graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Thomas College | $42,478 | $58,478 | +38% |
| Husson University | $44,825 | $54,116 | +21% |
| University of Maine | $45,950 | $53,668 | +17% |
| University of Southern Maine | $48,421 | $53,243 | +10% |
| Saint Joseph's College of Maine | $53,238 | $48,012 | -10% |
Compare to Similar Programs in Maine
Business Administration, Management and Operations bachelors's programs at peer institutions in Maine (13 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $30,896 | $42,478 | $58,478 | $23,707 | 0.56 | |
| $14,746 | $98,743 | — | $27,000 | 0.27 | |
| $42,550 | $55,830 | — | $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 | — | $45,703 | — | $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 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.