At $10,028/yr net price, University of Maine at Presque Isle graduates earn $40,956/yr within 10 years of enrollment, which is $6,956/yr above the median for high school graduates.
Cost vs. Outcomes
| Metric | Value |
|---|---|
| Average Net Price (per year) | $10,028 |
| Estimated 4-Year Cost | $40,112 |
| Median Earnings (10yr post-entry) | $40,956/yr |
| Earnings Premium vs. HS Diploma | +$6,956/yr |
| Estimated Break-Even | 5.8 years |
| Graduation Rate (6-year) | 37.7% |
| Median Debt at Graduation | $16,000 |
What You'll Actually Pay
Average net price by family income
| Family Income | Estimated Net Price |
|---|---|
| $0 - $30,000 | $7,458/yr |
| $30,001 - $48,000 | $7,343/yr |
| $48,001 - $75,000 | $9,953/yr |
| $75,001 - $110,000 | $14,420/yr |
| $110,001+ | $14,409/yr |
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Business Administration, Management and Operations. | Bachelor | $35,060 | $14,025 |
| Teacher Education and Professional Development, Specific Levels and Methods. | Bachelor | $28,236 | |
| Liberal Arts and Sciences, General Studies and Humanities. | Bachelor | $25,194 |
The Risk Factor
37.7% of students at University of Maine at Presque Isle graduate within 6 years. Fewer than half of students complete their degree. If you don't graduate, the financial investment may not pay off.
Analysis
University of Maine at Presque Isle offers one of the lowest net prices in higher education at $10,028 annually, but the financial returns are concerning. With median earnings of $40,956 ten years after graduation, you're looking at roughly 4-to-1 earnings-to-cost ratio that sounds reasonable until you factor in the 37% graduation rate.
The business program produces the strongest financial outcomes with $35,060 median earnings and manageable $14,025 debt loads. Education majors face a tougher financial reality at $28,236 annually, though the debt burden remains relatively light. Liberal arts graduates earn just $25,194, making this program a poor financial choice despite the low upfront costs.
Your biggest risk at UMPI is not graduating at all. The 37% graduation rate means nearly two-thirds of students leave without a degree but often with debt. The 73% retention rate suggests many students realize quickly this isn't the right fit.
UMPI works financially for local Maine students who can commute and avoid room and board costs, making the total investment even smaller. If you're certain about completing a business degree and staying in rural Maine for work, the low cost makes sense. Students seeking higher-paying careers or those uncertain about finishing college should look elsewhere.
Only 26% of students receive financial aid, suggesting the school already prices itself accessibly for most families. Merit scholarships are limited, but the low sticker price reduces the need for additional aid strategies.
Frequently Asked Questions
Is University of Maine at Presque Isle worth the cost?
With a 38% graduation rate and median earnings of $41,000 ten years after enrollment, University of Maine at Presque Isle offers limited financial returns. The low net price of $10,000 per year helps reduce financial risk, but career outcomes remain below average.
What programs at University of Maine at Presque Isle have the best ROI?
Business Administration graduates earn the highest at $35,000 annually, while education majors earn $28,000 and liberal arts graduates earn $25,000. None of these programs offer strong earning potential compared to state and national averages.
How much debt do University of Maine at Presque Isle graduates have?
Graduates carry a median debt of $16,000, which is relatively manageable given the low cost of attendance. However, the modest post-graduation earnings make even this debt burden challenging for many graduates.
Does University of Maine at Presque Isle have good financial aid?
The net price of $10,000 per year indicates decent financial aid availability for qualifying students. This low cost helps offset the poor graduation rates and limited earning potential after graduation.