Analysis
UMaine Farmington's psychology graduates earn about $31,000 annually—and that figure doesn't improve over time. Four years post-graduation, earnings remain virtually flat while peers at other Maine schools see typical growth. This places the program in the bottom half among Maine's psychology offerings (40th percentile), trailing the state median by roughly $3,000. Even within Maine's relatively small higher education landscape, graduates from University of Maine's flagship campus, UNE, and Husson all earn noticeably more.
The $25,358 in median debt seems manageable at first glance—it's below both state and national averages. But paired with stagnant earnings barely above $30,000, repayment becomes a years-long commitment on an entry-level salary. The debt-to-earnings ratio of 0.82 means nearly a full year's salary goes toward paying off loans, which matters more when there's no earnings trajectory to bank on. For context, psychology graduates at Colby College—admittedly a much more selective school—earn nearly $10,000 more annually.
The core issue isn't the debt load; it's what graduates can reasonably do with a psychology bachelor's degree from this program. If your child plans to pursue graduate work or licensure (which most practicing psychologists need), these baseline earnings might be adequate for a temporary stepping stone. But as a standalone degree leading directly to work, this program underdelivers compared to nearby alternatives.
Where University of Maine at Farmington Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How University of Maine at Farmington 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 |
|---|---|---|---|
| University of Maine at Farmington | $31,011 | $30,980 | -0% |
| Colby College | $40,842 | $51,623 | +26% |
| University of New England | $34,791 | $45,506 | +31% |
| Husson University | $35,259 | $40,628 | +15% |
| Thomas College | $33,368 | $37,397 | +12% |
Compare to Similar Programs in Maine
Psychology bachelors's programs at peer institutions in Maine (11 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $10,989 | $31,011 | $30,980 | $25,358 | 0.82 | |
| $66,600 | $40,842 | $51,623 | — | — | |
| $22,194 | $35,259 | $40,628 | $29,000 | 0.82 | |
| $42,550 | $34,791 | $45,506 | $27,000 | 0.78 | |
| $12,606 | $34,123 | $35,249 | $26,909 | 0.79 | |
| $10,920 | $33,621 | $36,601 | $20,730 | 0.62 | |
| National Median | — | $31,482 | — | $25,500 | 0.81 |
Career Paths
Occupations commonly associated with psychology graduates
Industrial-Organizational Psychologists
Clinical and Counseling Psychologists
Psychologists, All Other
Neuropsychologists
Clinical Neuropsychologists
Psychology Teachers, Postsecondary
Managers, All Other
Loss Prevention Managers
Social Science Research Assistants
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 Farmington, 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 34 graduates with reported earnings and 54 graduates with debt data. Small samples may not be representative.