Rankings / By State (Affordable)
Most Affordable Colleges in Maine
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Choosing a college can feel overwhelming, especially when balancing quality and cost. For students in Maine, this list highlights the most affordable colleges that also provide a pathway to good jobs after graduation. With an average net price of just over $5,000, these schools make higher education more accessible.
What sets these institutions apart is not just their low tuition, but also their outcomes in terms of earnings and graduation rates. The schools on this list have average earnings of $50,269, with graduation rates averaging 52%. This means students are not only paying less, but they also have a solid chance of completing their degree and earning a decent salary afterward.
Take Kennebec Valley Community College and the University of Maine at Fort Kent, for example. Kennebec has a low net price of $3,910 but a lower graduation rate of 44%, while Fort Kent charges slightly more at $7,482 but has higher earnings potential at $51,077. This contrast highlights the importance of evaluating both cost and outcomes when making a decision about higher education in Maine.
Key Findings
Kennebec Valley Community College has a net price of just $3,910, making it the most affordable option.
University of Maine at Fort Kent graduates earn an average of $51,077, the highest among the top five colleges.
York County Community College has the lowest graduation rate at 31%, despite having decent earnings potential of $44,873.
The average student debt across these schools is $12,424, providing an important context for financial planning.
Quick Numbers
Earnings vs. Cost
Each dot is a ranked school. Up = higher earnings. Right = higher cost. Top-left is the best value.
Graduation Rates
Longer bars = higher graduation rate.
Top 3
Kennebec Valley Community College
Fairfield, ME
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York County Community College
Wells, ME
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University of Maine at Presque Isle
Presque Isle, ME
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Full Rankings
Kennebec Valley Community College
Fairfield, ME · 1,597 students · Public
York County Community College
Wells, ME · 1,133 students · Public
University of Maine at Presque Isle
Presque Isle, ME · 1,913 students · Public
University of Maine at Fort Kent
Fort Kent, ME · 599 students · Public
Northern Maine Community College
Presque Isle, ME · 638 students · Public
Central Maine Community College
Auburn, ME · 2,952 students · Public
Washington County Community College
Calais, ME · 443 students · Public
Eastern Maine Community College
Bangor, ME · 1,840 students · Public
Southern Maine Community College
South Portland, ME · 5,675 students · Public
University of Maine at Augusta
Augusta, ME · 2,659 students · Public
Bowdoin College
Brunswick, ME · 1,873 students · Private nonprofit
University of Southern Maine
Portland, ME · 4,222 students · Public
Colby College
Waterville, ME · 2,407 students · Private nonprofit
University of Maine at Farmington
Farmington, ME · 1,140 students · Public
University of Maine
Orono, ME · 8,496 students · Public
Thomas College
Waterville, ME · 647 students · Private nonprofit
Husson University
Bangor, ME · 2,618 students · Private nonprofit
Unity Environmental University
New Gloucester, ME · 6,483 students · Private nonprofit
Maine Maritime Academy
Castine, ME · 942 students · Public
College of the Atlantic
Bar Harbor, ME · 353 students · Private nonprofit
Saint Joseph's College of Maine
Standish, ME · 964 students · Private nonprofit
Bates College
Lewiston, ME · 1,760 students · Private nonprofit
University of New England
Biddeford, ME · 2,135 students · Private nonprofit
Maine College of Art & Design
Portland, ME · 415 students · Private nonprofit
When comparing Kennebec Valley Community College and University of Maine at Presque Isle, we see stark differences in both cost and outcomes. Kennebec has a net price of only $3,910, but its graduation rate is 44%. In contrast, Presque Isle charges $7,035, but with a higher graduation rate of 45% and similar earnings potential of $40,956. This shows how a slightly higher investment can lead to better completion rates and future earnings.
After reviewing the list, consider how these numbers match your personal priorities. Think about factors like program offerings, campus culture, and location. It’s important to weigh the financial aspects against what you want out of your college experience. For instance, if a lower debt burden is crucial, a community college may be the right choice, but if graduating on time and landing a job matters more, a school with a higher graduation rate might be worth the extra cost.
Ultimately, these data points reflect broader trends in higher education. A degree can lead to better job stability and financial security, but the path varies significantly by institution. Families need to keep this in mind as they make choices that will impact their futures. Each decision is a step toward a stable life, and understanding the tradeoffs can guide you toward the right choice.
Data Sources
U.S. Dept of Education College Scorecard
Opportunity Insights Mobility Report Card
Social Capital Atlas
Times Higher Education World Rankings
NCES IPEDS
Sources & Citations
David Krug
Co-Founder, CollegeRanker
David Krug is the co-founder of CollegeRanker and a data systems architect focused on making institutional research accessible to families. He builds the data pipelines and ranking algorithms that power CollegeRanker, drawing from federal datasets and Raj Chetty's Opportunity Insights research to measure what traditional rankings ignore: whether a college actually changes a family's economic trajectory.
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