Analysis
A debt-to-earnings ratio of 0.41 suggests manageable repayment, but the lack of specific outcome data for UMaine Augusta's finance program makes it harder to gauge whether this particular route delivers on that promise. Peer programs nationally suggest first-year earnings around $53,590, which would put graduates in a reasonable position—monthly loan payments of roughly $250 on $22,000 in estimated debt would consume about 6% of gross income. That's workable, though not especially comfortable for someone just starting out.
The challenge is that Maine's finance job market appears less robust than the national picture. The two state programs with reported data—University of Maine at $52,876 and University of Southern Maine at $47,393—show a $5,500 spread, and both lag behind top national outcomes. Whether UMaine Augusta's primarily online format positions graduates closer to the top or bottom of that range matters significantly for career trajectory. Finance employers often prioritize internship networks and campus recruiting infrastructure, advantages that can be harder to access from a distance-learning program.
For families seeking value in a finance degree, the estimated numbers here don't raise red flags, but they don't inspire confidence either. If your child can access the larger University of Maine campus instead—with its marginally higher reported earnings and more established business school connections—that might be worth the logistical trade-off. The Augusta program could work for students already employed in the field who need the credential, but as a launching pad for a finance career, you're betting on outcomes that remain largely invisible.
Where University of Maine at Augusta Stands
Earnings vs. debt across all finance and financial management services bachelors's programs nationally
Compare to Similar Programs in Maine
Finance and Financial Management Services bachelors's programs at peer institutions in Maine (6 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $8,618 | $53,590* | — | $22,192* | — | |
| $12,606 | $52,876* | $57,333 | $24,520* | 0.46 | |
| $10,920 | $47,393* | — | $20,500* | 0.43 | |
| National Median | — | $53,590* | — | $23,332* | 0.44 |
Career Paths
Occupations commonly associated with finance and financial management services graduates
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Chief Executives
Chief Sustainability Officers
General and Operations Managers
Personal Financial Advisors
Financial and Investment Analysts
Financial Risk Specialists
Budget Analysts
Business Teachers, Postsecondary
Insurance Underwriters
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.
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 national median of 431 similar programs. Actual outcomes may vary.