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Economics programs in Maine produce graduates earning between $41,565 and $71,015, with Bowdoin College leading despite its selective 9.19% acceptance rate. The state's maritime economy creates strong demand for economic analysis, particularly around Bath Iron Works and the fishing industry. University of Southern Maine offers the most affordable path at $11,729 net cost, while private colleges command significantly higher prices but deliver correspondingly stronger graduate outcomes.
5
Programs
$11,729 – $30,703
Net Price Range
$57,144
Avg. Program Earnings
75.8%
Avg. Graduation Rate

5 Economics Programs

Program rankings
# School Net Price Program Earnings In-State Tuition Graduation Rate Acceptance Rate
1 $11,729 $41,565 $10,920 46.3% 85.4%
2 $20,786 $71,015 $64,910 95.6% 9.2%
3 $18,045 $45,808 $12,606 56.4% 94.0%
4 $23,939 $57,995 $66,600 90.2% 7.6%
5 $30,703 $69,338 $63,478 90.6% 13.7%

Frequently Asked Questions

What explains the massive earnings gap between Maine economics programs?

Bowdoin College graduates earn $71,015 compared to $41,565 at University of Southern Maine, reflecting the elite liberal arts advantage. Bowdoin's 95.60% graduation rate and extensive alumni networks in finance create superior career placement. The $29,450 earnings difference often justifies the higher net cost for families who can afford it.

How do Maine's public universities compare for economics value?

University of Maine in Orono costs $18,045 net but produces graduates earning $45,808, offering better value than USM's $11,729 cost and $41,565 earnings. UMaine's 56.40% graduation rate also exceeds USM's 46.30%. Both schools benefit from strong connections to Maine's government and business sectors.

Does attending a selective Maine college guarantee higher economics earnings?

Bowdoin and Bates graduates earn $71,015 and $69,338 respectively, far above state averages, but their combined acceptance rate under 12% makes admission extremely competitive. Colby offers similar selectivity at 7.61% acceptance but lower $57,995 earnings. These schools excel at placing graduates in high-paying finance and consulting roles.

Net price reflects the average cost after grants and scholarships for first-time, full-time students. See our methodology for details.