Analysis
University of Maine's psychology graduates start with earnings that outpace most psychology programs nationally—hitting the 71st percentile—while carrying below-average debt loads. At $34,123 in year one, graduates earn more than three-quarters of psychology programs nationwide, and the $26,909 median debt translates to a manageable 0.79 ratio that's well below the threshold where debt becomes burdensome. Among Maine's 11 psychology programs, UMaine performs solidly at the 60th percentile, trailing only Colby College and a handful of others.
The concern here is trajectory rather than starting point. Earnings barely budge over four years, growing just 3% to $35,249—essentially flat when accounting for inflation. This plateau is common in psychology bachelor's programs, where many career paths require graduate education for significant advancement. The strong starting position and reasonable debt load provide flexibility: graduates can enter the workforce immediately in social services, HR, or similar fields without crushing financial pressure, or they can pursue graduate school without being underwater on undergraduate loans.
For families comfortable with psychology's typical career path—where the bachelor's degree is often a stepping stone rather than a terminal credential—this represents a sound choice. The combination of above-average starting earnings and below-average debt creates breathing room that many psychology programs don't offer.
Where University of Maine Stands
Earnings vs. debt across all psychology bachelors's programs nationally
Earnings Distribution
How University of Maine 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 | $34,123 | $35,249 | +3% |
| 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 |
|---|---|---|---|---|---|
| $12,606 | $34,123 | $35,249 | $26,909 | 0.79 | |
| $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 | |
| $10,920 | $33,621 | $36,601 | $20,730 | 0.62 | |
| $30,896 | $33,368 | $37,397 | $27,000 | 0.81 | |
| 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, approximately 22% 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 82 graduates with reported earnings and 108 graduates with debt data. Small samples may not be representative.