Median Earnings (1yr)
$48,330
26th percentile
60th percentile in Maine
Median Debt
$29,503
18% above national median

Analysis

UMaine Augusta's accounting program sits in an unusual position: its graduates start near the Maine median but earn below the national average for accounting majors, and then see earnings actually drop 11% by year four. The relatively low debt load ($29,500) provides some protection, but that backward earnings trajectory is atypical for an accounting degree, where professional advancement usually drives steady income growth.

Within Maine's limited accounting landscape, this program ranks at the 60th percentile—middle of the pack among seven options. But parents should note that Husson University graduates earn nearly $10,000 more right out of the gate, and even UMaine's flagship program slightly outperforms Augusta's campus. The small sample size (under 30 graduates) means a few outliers could be skewing these numbers significantly, but the pattern still warrants scrutiny.

The value calculus here depends heavily on alternatives. If your child can commute to Augusta and minimize living costs, the low debt makes this manageable even with modest earnings. But if they're borrowing heavily or could access one of Maine's stronger accounting programs for similar cost, those options deliver better starting salaries and presumably better career trajectories. Before committing, dig into why earnings decline so notably—whether it's graduates leaving the field, regional job market limitations, or just statistical noise from the small cohort.

Where University of Maine at Augusta Stands

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

Earnings Distribution

How University of Maine at Augusta graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
University of Maine at Augusta$48,330$43,008-11%
Georgetown University$89,564$127,971+43%
University of Southern Maine$51,379$57,999+13%
University of Maine$48,256$55,998+16%
Husson University$57,574$55,677-3%

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
University of Maine at AugustaAugusta$8,618$48,330$43,008$29,5030.61
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 MaineOrono$12,606$48,256$55,998$27,0000.56
Thomas CollegeWaterville$30,896$47,356$27,0000.57
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 University of Maine at Augusta, approximately 32% 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 24 graduates with reported earnings and 25 graduates with debt data. Small samples may not be representative.