Median Earnings (1yr)
$42,478
35th percentile
40th percentile in Maine
Median Debt
$23,707
9% below national median

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

School1 Year4 YearsGrowth
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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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Thomas CollegeWaterville$30,896$42,478$58,478$23,7070.56
Maine Maritime AcademyCastine$14,746$98,743$27,0000.27
University of New EnglandBiddeford$42,550$55,830$26,9200.48
Saint Joseph's College of MaineStandish$42,834$53,238$48,012$27,0000.51
University of Southern MainePortland$10,920$48,421$53,243$25,0420.52
University of MaineOrono$12,606$45,950$53,668$27,0000.59
National Median$45,703$26,0000.57

Career Paths

Occupations commonly associated with business administration, management and operations graduates

Computer and Information Systems Managers

Plan, direct, or coordinate activities in such fields as electronic data processing, information systems, systems analysis, and computer programming.

$171,200/yrJobs growth:Bachelor's degree

Architectural and Engineering Managers

Plan, direct, or coordinate activities in such fields as architecture and engineering or research and development in these fields.

$167,740/yrJobs growth:Bachelor's degree

Biofuels/Biodiesel Technology and Product Development Managers

Define, plan, or execute biofuels/biodiesel research programs that evaluate alternative feedstock and process technologies with near-term commercial potential.

$167,740/yrJobs growth:Bachelor's degree

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

Natural Sciences Managers

Plan, direct, or coordinate activities in such fields as life sciences, physical sciences, mathematics, statistics, and research and development in these fields.

$161,180/yrJobs growth:Bachelor's degree

Clinical Research Coordinators

Plan, direct, or coordinate clinical research projects. Direct the activities of workers engaged in clinical research projects to ensure compliance with protocols and overall clinical objectives. May evaluate and analyze clinical data.

$161,180/yrJobs growth:Bachelor's degree

Water Resource Specialists

Design or implement programs and strategies related to water resource issues such as supply, quality, and regulatory compliance issues.

$161,180/yrJobs growth:Bachelor's degree

Compensation and Benefits Managers

Plan, direct, or coordinate compensation and benefits activities of an organization.

$140,360/yrJobs growth:Bachelor's degree

Human Resources Managers

Plan, direct, or coordinate human resources activities and staff of an organization.

$140,030/yrJobs growth:Bachelor's degree

Sales Managers

Plan, direct, or coordinate the actual distribution or movement of a product or service to the customer. Coordinate sales distribution by establishing sales territories, quotas, and goals and establish training programs for sales representatives. Analyze sales statistics gathered by staff to determine sales potential and inventory requirements and monitor the preferences of customers.

$138,060/yrJobs growth:Bachelor's degree
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.