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Rankings / By State (Affordable)

Most Affordable Colleges in Maine

By David Krug, Co-Founder, CollegeRanker Updated 2026-06-15 24 schools Agent Insights
24
Schools
$50,269
Avg. Earnings
52%
Avg. Graduation
$16,460
Avg. Net Price
$19,717
Avg. Debt

CollegeRanker Research

What Surprised Us Most

  1. Median graduate earnings across these 24 schools run from $34,407 to $89,964, a 2.6× gap. The category label alone says little about payoff.

  2. Kennebec Valley Community College delivers the most for the money: roughly $36,035 in median earnings against $3,910 a year in net price, the strongest earnings-to-cost ratio on the list.

  3. Kennebec Valley Community College is the lowest-cost school here at $3,910 a year in net price.

  4. Bowdoin College graduates 95% of its students, versus a 52% average across the list. Completion, more than selectivity, signals whether a degree actually gets finished.

  5. York County Community College carries the healthiest debt load, with graduates owing just 0.20× their annual earnings.

Surprising Comparisons

The Takeaway

The schools that win this ranking are not the priciest or the most selective. They turn students into earners without burying them in debt, which is exactly what our outcomes-first methodology is built to surface.

What This Means for Students

If you are choosing from this list, start with Kennebec Valley Community College and Bowdoin College. Pull each school's net price for your income band, weigh projected earnings against the debt you would take on, and let payoff rather than prestige drive your shortlist.

Why this ranking matters

These schools are ranked on outcomes that compound: graduate earnings, upward mobility, debt, and value, all drawn from federal tax records and Scorecard data rather than reputation surveys. The list rewards results over prestige, led by institutions whose graduates earn a median of about $45K ten years after enrollment.

How we measure this — full methodology →

How we rank · 4 pillars

Economic outcomes30%
Social mobility35%
Value (earnings vs. cost)20%
Academic quality15%

Federal-source data only. Build your own weighting →

$45K
Median grad earnings
10 yrs after entry
52%
Average graduation rate
Across the list
$16K
Average net price
After grants/aid
70%
Average admit rate
Selectivity
Data Behind This Page Updated 2026-06-15
24 institutions ranked
2026-06-15 Last updated
100% Public / federal sources

Source datasets

Methodology

Schools are scored on the CollegeRanker 4-Pillar Algorithm: Economic Outcomes (30%), Social Mobility (25–35%), Academic Quality (15–20%), and Value (20–25%). Every weight is published and every figure traces to a public dataset.

See the full methodology and weights →

Confidence notes

  • Earnings, completion, and debt figures come from federal administrative records — tax data and student-aid filings — not surveys or self-reports, the highest-confidence tier of education data available.
  • Social-mobility estimates are drawn from de-identified tax records covering more than 30 million students (Opportunity Insights).
  • Where an institution is missing a metric, it is excluded from that metric rather than imputed, so averages are never inflated by guesses.

Limitations

  • Federal earnings data primarily cover students who received federal financial aid; outcomes for non-aided students may differ.
  • Earnings are measured roughly ten years after enrollment, so they describe how earlier cohorts fared — historical outcomes, not guarantees of future results.
  • An institution's field-of-study mix affects raw earnings; scores reflect measured outcomes and are not fully major-adjusted unless explicitly noted.
  • Net price is an average; the actual cost a given student pays varies widely by family income.

At a Glance

How the Top Schools Compare

School Earnings Net Price Graduation Score
$36,035
▼ -28% vs avg
$3,910 44%
83
$44,873
▼ -11% vs avg
$5,875 31%
80
$40,956
▼ -19% vs avg
$7,035 45%
79
$51,077
▲ +2% vs avg
$7,482 40%
79
$43,348
▼ -14% vs avg
$7,181 38%
78

Score uses our 4-pillar methodology. Earnings % is vs. this list's average.

See full ranking →

Executive Summary

Most Affordable Colleges in Maine

This analysis ranks 24 institutions on graduate earnings, social mobility, completion, and cost. Across the list, alumni earn a median of $50,269 ten years after enrolling, against an average graduation rate of 52% and an average net price of $16,460.

Key takeaways

CollegeRanker Primary Research

34%
The most expensive quartile of colleges costs 373% more than the most affordable — but their graduates earn just 34% more.
Source: CollegeRanker analysis of 5,745 U.S. colleges (n=4,409). Quartile comparison of mean net price and mean 10-year earnings (U.S. Dept. of Education College Scorecard).

Affordability & ROI Analysis

What does this ranking tell us about getting a real return on a degree?

$44,653

Median earnings (10yr)

49%

Median graduation rate

$15,628

Median net price

1.7%

Avg. mobility rate

A value ranking asks the question families actually care about: which school delivers the strongest outcome for the least cost and debt. The winners are rarely the cheapest schools or the highest earners. They are the ones that pair a low net price, what students pay after grants, with graduates who go on to earn. That is the definition of return on investment.

Across the 24 schools on this list, graduates earn a median of $44,653 ten years after they first enrolled. The median graduation rate is 49%. Net price, what students pay after grants, runs a median of $15,628 a year, with about $20,160 in median federal debt at graduation. An average of 29% of students receive Pell grants, and the typical school moves low-income students into the top income quintile at a rate of 1.7%.

What we’re seeing: value clusters at schools that hold net price down without sacrificing earnings. The median net price here is $15,628, with graduates earning a median of $44,653 ten years after enrollment. Strong results without heavy debt: that combination is the quiet argument for where higher education is headed.

The podium

Build your ranking

Drag a pillar — schools re-rank live.

Academic 15%
Economic 30%
Social mobility 35%
Value 20%

Tip: Check the box on any 2–4 schools below to compare them side by side.

Full rankings

1
·
Kennebec Valley Community College

Fairfield, ME · $3,910 net

83

Why it ranks #1

Kennebec Valley Community College lands at #1 with a 83/100 composite, led by value per dollar (85/100) and pulled down by academic quality (46/100). Graduates earn a median $36,035 a decade after enrolling, 28% below this list's average, and net price runs $3,910 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that low cost is what puts it near the top, even with below-average salaries.

Pillar breakdown

Academic
46
Economic
61
Social mobility
50
Value
85
View full profile →
2
·
York County Community College

Wells, ME · $5,875 net

80

Why it ranks #2

York County Community College lands at #2 with a 80/100 composite, led by value per dollar (88/100) and pulled down by academic quality (35/100). Graduates earn a median $44,873 a decade after enrolling, 11% below this list's average, and net price runs $5,875 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that low cost is what puts it near the top, even with below-average salaries.

Pillar breakdown

Academic
35
Economic
66
Social mobility
51
Value
88
View full profile →
3
·
University of Maine at Presque Isle

Presque Isle, ME · 100% accepted · $7,035 net

79

Why it ranks #3

University of Maine at Presque Isle lands at #3 with a 79/100 composite, led by value per dollar (78/100) and pulled down by social mobility (47/100). Graduates earn a median $40,956 a decade after enrolling, 19% below this list's average, and net price runs $7,035 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that low cost is what puts it near the top, even with below-average salaries.

Pillar breakdown

Academic
55
Economic
61
Social mobility
47
Value
78
View full profile →
4
·
University of Maine at Fort Kent

Fort Kent, ME · 98% accepted · $7,482 net

79

Why it ranks #4

University of Maine at Fort Kent lands at #4 with a 79/100 composite, led by value per dollar (76/100) and pulled down by social mobility (50/100). Graduates earn a median $51,077 a decade after enrolling, 2% above this list's average, and net price runs $7,482 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that low cost is what puts it near the top.

Pillar breakdown

Academic
60
Economic
65
Social mobility
50
Value
76
View full profile →
5
·
Northern Maine Community College

Presque Isle, ME · $7,181 net

78

Why it ranks #5

Northern Maine Community College lands at #5 with a 78/100 composite, led by value per dollar (82/100) and pulled down by academic quality (49/100). Graduates earn a median $43,348 a decade after enrolling, 14% below this list's average, and net price runs $7,181 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that low cost is what puts it near the top, even with below-average salaries.

Pillar breakdown

Academic
49
Economic
65
Social mobility
51
Value
82
View full profile →
6
·
Central Maine Community College

Auburn, ME · $6,975 net

78

Why it ranks #6

Central Maine Community College lands at #6 with a 78/100 composite, led by value per dollar (82/100) and pulled down by academic quality (40/100). Graduates earn a median $42,448 a decade after enrolling, 16% below this list's average, and net price runs $6,975 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that low cost is what puts it near the top, even with below-average salaries.

Pillar breakdown

Academic
40
Economic
65
Social mobility
49
Value
82
View full profile →
7
·
Washington County Community College

Calais, ME · $5,149 net

75

Why it ranks #7

Washington County Community College lands at #7 with a 75/100 composite, led by value per dollar (89/100) and pulled down by social mobility (40/100). Graduates earn a median $34,407 a decade after enrolling, 32% below this list's average, and net price runs $5,149 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that low cost is what puts it near the top, even with below-average salaries.

Pillar breakdown

Academic
52
Economic
50
Social mobility
40
Value
89
View full profile →
8
·
Eastern Maine Community College

Bangor, ME · $8,928 net

75

Why it ranks #8

Eastern Maine Community College lands at #8 with a 75/100 composite, led by value per dollar (80/100) and pulled down by academic quality (42/100). Graduates earn a median $41,704 a decade after enrolling, 17% below this list's average, and net price runs $8,928 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that low cost is what puts it near the top, even with below-average salaries.

Pillar breakdown

Academic
42
Economic
65
Social mobility
53
Value
80
View full profile →
9
·
Southern Maine Community College

South Portland, ME · $11,086 net

71

Why it ranks #9

Southern Maine Community College lands at #9 with a 71/100 composite, led by value per dollar (78/100) and pulled down by academic quality (39/100). Graduates earn a median $41,661 a decade after enrolling, 17% below this list's average, and net price runs $11,086 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that low cost is what puts it near the top, even with below-average salaries.

Pillar breakdown

Academic
39
Economic
65
Social mobility
50
Value
78
View full profile →
10
·
University of Maine at Augusta

Augusta, ME · $10,924 net

70

Why it ranks #10

University of Maine at Augusta lands at #10 with a 70/100 composite, led by value per dollar (69/100) and pulled down by academic quality (42/100). Graduates earn a median $40,342 a decade after enrolling, 20% below this list's average, and net price runs $10,924 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that low cost is what puts it near the top, even with below-average salaries.

Pillar breakdown

Academic
42
Economic
56
Social mobility
Value
69
View full profile →
11
·
Bowdoin College

Brunswick, ME · 7% accepted · $14,398 net

69

Why it ranks #11

Bowdoin College lands at #11 with a 69/100 composite, led by academic quality (93/100) and pulled down by economic outcomes (79/100). Graduates earn a median $82,735 a decade after enrolling, 65% above this list's average, and net price runs $14,398 a year, well under the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.

Pillar breakdown

Academic
93
Economic
79
Social mobility
82
Value
79
View full profile →
12
·
University of Southern Maine

Portland, ME · 79% accepted · $13,596 net

69

Why it ranks #12

University of Southern Maine lands at #12 with a 69/100 composite, led by value per dollar (68/100) and pulled down by academic quality (53/100). Graduates earn a median $49,958 a decade after enrolling, 1% below this list's average, and net price runs $13,596 a year, well under the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that low cost is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
53
Economic
65
Social mobility
60
Value
68
View full profile →
13
·
Colby College

Waterville, ME · 7% accepted · $17,180 net

64

Why it ranks #13

Colby College lands at #13 with a 64/100 composite, led by academic quality (90/100) and pulled down by value per dollar (76/100). Graduates earn a median $80,490 a decade after enrolling, 60% above this list's average, and net price runs $17,180 a year. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.

Pillar breakdown

Academic
90
Economic
78
Social mobility
82
Value
76
View full profile →
14
·
University of Maine at Farmington

Farmington, ME · 97% accepted · $16,857 net

63

Why it ranks #14

University of Maine at Farmington lands at #14 with a 63/100 composite, led by social mobility (59/100) and pulled down by academic quality (59/100). Graduates earn a median $44,433 a decade after enrolling, 12% below this list's average, and net price runs $16,857 a year. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
59
Economic
59
Social mobility
59
Value
59
View full profile →
15
·
University of Maine

Orono, ME · 97% accepted · $17,510 net

61

Why it ranks #15

University of Maine lands at #15 with a 61/100 composite, led by academic quality (64/100) and pulled down by social mobility (56/100). Graduates earn a median $48,653 a decade after enrolling, 3% below this list's average, and net price runs $17,510 a year. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.

Pillar breakdown

Academic
64
Economic
62
Social mobility
56
Value
59
View full profile →
16
·
Thomas College

Waterville, ME · 96% accepted · $18,885 net

59

Why it ranks #16

Thomas College lands at #16 with a 59/100 composite, led by social mobility (80/100) and pulled down by value per dollar (60/100). Graduates earn a median $44,991 a decade after enrolling, 10% below this list's average, and net price runs $18,885 a year, above the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
61
Economic
60
Social mobility
80
Value
60
View full profile →
17
·
Husson University

Bangor, ME · 81% accepted · $21,005 net

56

Why it ranks #17

Husson University lands at #17 with a 56/100 composite, led by social mobility (83/100) and pulled down by value per dollar (46/100). Graduates earn a median $45,025 a decade after enrolling, 10% below this list's average, and net price runs $21,005 a year, above the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list, even with below-average salaries.

Pillar breakdown

Academic
70
Economic
60
Social mobility
83
Value
46
View full profile →
18
·
Unity Environmental University

New Gloucester, ME · $19,104 net

55

Why it ranks #18

Unity Environmental University lands at #18 with a 55/100 composite, led by economic outcomes (55/100) and pulled down by academic quality (36/100). Graduates earn a median $37,852 a decade after enrolling, 25% below this list's average, and net price runs $19,104 a year, above the field. Strong earnings drive the rank, but with mobility weighted 35% and value 20%, salary alone can only take a school so far.

Pillar breakdown

Academic
36
Economic
55
Social mobility
Value
43
View full profile →
19
·
Maine Maritime Academy

Castine, ME · 54% accepted · $23,414 net

51

Why it ranks #19

Maine Maritime Academy lands at #19 with a 51/100 composite, led by social mobility (81/100) and pulled down by value per dollar (55/100). Graduates earn a median $89,964 a decade after enrolling, 79% above this list's average, and net price runs $23,414 a year, above the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list.

Pillar breakdown

Academic
67
Economic
78
Social mobility
81
Value
55
View full profile →
20
·
College of the Atlantic

Bar Harbor, ME · 70% accepted · $25,184 net

46

Why it ranks #20

College of the Atlantic lands at #20 with a 46/100 composite, led by academic quality (79/100) and pulled down by value per dollar (45/100). Graduates earn a median $40,264 a decade after enrolling, 20% below this list's average, and net price runs $25,184 a year, above the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.

Pillar breakdown

Academic
79
Economic
54
Social mobility
67
Value
45
View full profile →
21
·
Saint Joseph's College of Maine

Standish, ME · 84% accepted · $27,555 net

42

Why it ranks #21

Saint Joseph's College of Maine lands at #21 with a 42/100 composite, led by academic quality (76/100) and pulled down by value per dollar (42/100). Graduates earn a median $59,045 a decade after enrolling, 17% above this list's average, and net price runs $27,555 a year, above the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.

Pillar breakdown

Academic
76
Economic
66
Social mobility
58
Value
42
View full profile →
22
·
Bates College

Lewiston, ME · 13% accepted · $29,351 net

40

Why it ranks #22

Bates College lands at #22 with a 40/100 composite, led by academic quality (89/100) and pulled down by value per dollar (71/100). Graduates earn a median $69,498 a decade after enrolling, 38% above this list's average, and net price runs $29,351 a year, above the field. Academics score well here, yet mobility (35%) and value (20%) carry the most weight, so outcome-per-dollar sets the final position.

Pillar breakdown

Academic
89
Economic
76
Social mobility
81
Value
71
View full profile →
23
·
University of New England

Biddeford, ME · 92% accepted · $38,107 net

22

Why it ranks #23

University of New England lands at #23 with a 22/100 composite, led by social mobility (86/100) and pulled down by value per dollar (32/100). Graduates earn a median $55,921 a decade after enrolling, 11% above this list's average, and net price runs $38,107 a year, above the field. Because the methodology weights social mobility (35%) and value (20%) above prestige, that mobility is what carries it up the list.

Pillar breakdown

Academic
62
Economic
66
Social mobility
86
Value
32
View full profile →
24
·
Maine College of Art & Design

Portland, ME · 76% accepted · $38,338 net

21

Why it ranks #24

Maine College of Art & Design lands at #24 with a 21/100 composite, led by economic outcomes (53/100) and pulled down by value per dollar (25/100). Graduates earn a median $40,778 a decade after enrolling, 19% below this list's average, and net price runs $38,338 a year, above the field. Strong earnings drive the rank, but with mobility weighted 35% and value 20%, salary alone can only take a school so far.

Pillar breakdown

Academic
52
Economic
53
Social mobility
Value
25
View full profile →
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Cut it by what you care about

The same 24 schools, re-ranked by the outcome that matters to you.

Where the programs are

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.

The story behind the ranking

A ranking gives you an order; these charts give you the shape. They show how this group of schools spreads across the four things that decide whether a degree pays off — what graduates earn, whether they finish, how far they move up, and what it costs. Look for the standouts, the outliers, and the trade-offs the list alone can't show.

Earnings Outcomes

What graduates earn 10 years after enrolling. Data from College Scorecard.

Distribution of Median Earnings

$13K 17 $38K 4 $63K 3 $88K $113K $138K 17 National Avg

Earnings vs. Net Price

Top-left = best value. Top-ranked schools are highlighted.

$10K$65K$120K $25K$50K NET PRICE (lower →) EARNINGS (higher ↑) Kennebec Valley York County University of University of Northern Maine

Completion & Access

Graduation rates and who gets in. Data from College Scorecard & IPEDS.

Graduation Rates

Kennebec Valley Comm… 44% York County Communit… 31% University of Maine … 45% University of Maine … 40% Northern Maine Commu… 38% Central Maine Commun… 29% Washington County Co… 49% Eastern Maine Commun… 33% Southern Maine Commu… 24% University of Maine … 25% Bowdoin College 95% University of Southe… 43% Colby College 89% University of Maine … 52% University of Maine 56% Thomas College 53% Husson University 58% Unity Environmental … 44% Maine Maritime Academy 60% College of the Atlan… 69% Saint Joseph's Colle… 67% Bates College 90% University of New En… 65% Maine College of Art… 50%

Pell Grant Rate vs. Graduation Rate

Right = more low-income students. Higher = more graduate.

0% 100% PELL GRANT RATE → GRAD RATE ↑ Kennebec Valley York County University of University of Northern Maine
Social Mobility

What the Mobility Data Says

Social mobility carries the heaviest weight in this ranking, and the measure comes from Raj Chetty's Mobility Report Card, built from more than 30 million anonymized tax records. Across the 7 schools here with that data, the average mobility rate is 1.7%. That figure is the share of students who start in the bottom income quintile and climb to the top. Maine Maritime Academy leads the group at 3.5%, with Thomas College (3%) and Husson University (2%) close behind.

Access varies widely. On average, 6.5% of students at these schools come from families in the bottom income quintile. Husson University enrolls the most, at 13.4%, a sign it is reaching the students mobility is meant to lift. A high mobility rate paired with strong access is the combination that changes a generation's trajectory.

For the low-income students who do enroll, the success rate (the odds of reaching the top quintile) averages 35.3% across the list, peaking at 60.8% at Colby College.

These campuses can also be measured on social capital: the cross-class friendships Opportunity Insights links to long-run economic outcomes. Economic connectedness here averages 1.67, where about 1.0 is the national norm, and Colby College is highest at 1.83.

Mobility, access, and social-capital figures from Raj Chetty's Mobility Report Card & the Opportunity Insights Social Capital Atlas.

Cost & Debt

What families actually pay and what students owe. Data from College Scorecard.

Median Debt at Graduation

4 $6K 9 $18K 10 $30K $42K $54K 10 National Avg

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

Frequently Asked Questions

Most Affordable Colleges in Maine: Your Questions, Answered

What is the #1 school in the Most Affordable Colleges in Maine ranking? +

Kennebec Valley Community College in Fairfield, ME ranks #1 in our 2026 Most Affordable Colleges in Maine ranking. It earns the top spot on the strength of a median $36,035 in graduate earnings ten years after enrollment and a 44% graduation rate. Our score is built entirely from federal data on graduation rates, graduate earnings, debt, and social mobility. Reputation surveys play no part.

Which school has the highest graduate earnings? +

Maine Maritime Academy posts the highest median earnings on this list: $89,964 ten years after enrollment, well above the $50,269 average across the 24 ranked schools with earnings data. Earnings that outpace cost are what separate a degree that pays off from one that does not.

Which school offers the best value? +

On a pure return-on-cost basis, Kennebec Valley Community College leads: graduates earn a median $36,035 against net price of about $3,910 a year, the strongest earnings-to-cost ratio in the ranking. Applicants should weigh that payback against sticker price rather than prestige.

Which school has the highest graduation rate? +

Bowdoin College has the highest graduation rate in this ranking at 95%, compared with a 52% average across the list. Completion matters because the students who finish are the ones who actually capture the earnings and mobility gains a degree promises.

How much does it cost to attend these schools? +

The average net price, meaning what students actually pay after grants and scholarships, is about $16,460 a year across the 24 ranked schools with cost data. Kennebec Valley Community College is among the most affordable at roughly $3,910. Net price is a far better guide to affordability than the published sticker price.

How is the Most Affordable Colleges in Maine ranking calculated? +

We score every school on a four-pillar algorithm: economic outcomes (graduate earnings and debt), social mobility (Raj Chetty's Mobility Report Card, built on more than 30 million anonymized tax records), academic quality (graduation and retention), and value (net price and loan burden). Social mobility carries the heaviest weight, so schools that lift low-income students into higher earnings rank above those that simply admit wealthy students. Every input comes from federal data, and schools that withhold their numbers are scored lower for it.

How many schools are ranked and where does the data come from? +

This ranking evaluates 24 institutions using the U.S. Department of Education's College Scorecard, the Opportunity Insights Mobility Report Card and Social Capital Atlas, Times Higher Education, and NCES IPEDS. There are no opinion surveys or paid placements. The order is determined by the data alone and refreshed as new federal figures are released.

Sources & Citations

[1]

U.S. Department of Education. College Scorecard Data. Federal Student Aid, National Center for Education Statistics.

[2]

National Center for Education Statistics. Integrated Postsecondary Education Data System (IPEDS).

The State of American Higher Education Outcomes for 2026 — report cover Download PDF

The 2026 Annual Report

The State of American Higher Education Outcomes

Every state graded on what graduates earn, how far they climb, and what college really costs — the hidden geography of economic mobility, in one report.

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