Borrowing and outcomes

Student debt at Maine colleges

Across the 23 Maine colleges that report both figures, median federal student debt at graduation is $19,157, and a median of 28.5% of students take federal loans. Those two numbers belong together: the dollar figure describes only the students who borrowed, so it means something quite different at a college where most students borrow than at one where few do.

Which student-debt number this is

This page measures debt at graduation, by college: what students who borrowed had taken in federal loans by the time they finished at a particular Maine institution. Most published “average student debt in Maine” figures measure something else, the total balance carried by borrowers who live in Maine, which includes graduate-school borrowing and years of accrued interest and is therefore much larger. Both are real; they answer different questions. Use this one to compare colleges, not to estimate a lifetime balance.

Median debt at graduation

$19,157

Middle half: $13,765 to $25,025

Median share who borrow

28.5%

Across 23 colleges

Illustrative monthly payment

$218/mo

10-year standard plan at 6.52%

Maine colleges by median federal debt at graduation

Lowest median debt first, showing 23 of 23 colleges (13 public, 10 private). This is a sort of one reported figure, not a ranking and not a recommendation. Every row shows the borrower share beside the dollar amount because neither number means much alone.

Colleges in Maine ordered by median federal debt at graduation, with the share of students who borrow, an illustrative monthly payment, and median earnings ten years after entry.
CollegeMedian federal debtShare who borrowIllustrative paymentEarnings 10 yrs
York County Community CollegeWells, ME · Public two-year$8,8617.5%$101/mo$44,873
Southern Maine Community CollegeSouth Portland, ME · Public two-year$10,33112.6%$117/mo$41,661
Northern Maine Community CollegePresque Isle, ME · Public two-year$10,82511.9%$123/mo$43,348
Eastern Maine Community CollegeBangor, ME · Public two-year$11,29314.6%$128/mo$41,704
Central Maine Community CollegeAuburn, ME · Public two-year$12,00016.8%$136/mo$42,448
Kennebec Valley Community CollegeFairfield, ME · Public two-year$13,25514.9%$151/mo$36,035
Bates CollegeLewiston, ME · Private four-year$14,27515%$162/mo$69,498
Maine College of Health ProfessionsLewiston, ME · Private four-year$15,25087.8%$173/mo$79,840
University of Maine at Presque IslePresque Isle, ME · Public four-year$16,00025.4%$182/mo$40,956
Bowdoin CollegeBrunswick, ME · Private four-year$18,50010.2%$210/mo$82,735
University of Southern MainePortland, ME · Public four-year$19,06034.1%$217/mo$49,958
Colby CollegeWaterville, ME · Private four-year$19,1578.7%$218/mo$80,490
University of Maine at Fort KentFort Kent, ME · Public four-year$20,16020.9%$229/mo$51,077
University of Maine at AugustaAugusta, ME · Public four-year$22,73428.5%$258/mo$40,342
Thomas CollegeWaterville, ME · Private four-year$24,25034%$276/mo$44,991
University of Maine at FarmingtonFarmington, ME · Public four-year$24,49944.8%$278/mo$44,433
University of MaineOrono, ME · Public four-year$25,00042.8%$284/mo$48,653
College of the AtlanticBar Harbor, ME · Private four-year$25,05049.9%$285/mo$40,264
University of New EnglandBiddeford, ME · Private four-year$25,25053.2%$287/mo$55,921
Husson UniversityBangor, ME · Private four-year$27,00069.6%$307/mo$45,025
Maine College of Art & DesignPortland, ME · Private four-year$27,00070.8%$307/mo$40,778
Maine Maritime AcademyCastine, ME · Public four-year$27,00066%$307/mo$89,964
Saint Joseph's College of MaineStandish, ME · Private four-year$27,00059.7%$307/mo$59,045

The illustrative payment assumes the standard 10-year federal repayment plan at 6.52%, the U.S. Department of Education, fixed rate for undergraduate Direct Loans first disbursed July 1, 2026 to June 30, 2027. It is an illustration, not a quote.

What the Maine borrowing data shows

  • Across the 23 Maine colleges reporting both figures, median federal debt at graduation is $19,157 and the median borrower share is 28.5%. The middle half of these colleges falls between $13,765 and $25,025.
  • On the standard 10-year federal repayment plan at 6.52%, $19,157 works out to about $218 a month for 10 years. That is an illustration of one repayment plan, not a quote: income-driven plans produce very different payments, and a real borrower's loans carry the rate in force in each year they borrowed.
  • The borrower share varies far more than the dollar figure. At York County Community College 7.5% of students take federal loans; at Maine College of Health Professions it is 87.8%. Read the two numbers together — a low median at a college where almost nobody borrows describes the few who did, not the typical student.
  • Median earnings ten years after entry, across the 23 Maine colleges here that report it, is $44,991. That figure covers students who received federal aid and reflects the mix of programs and students at each college, not the effect of attending it.

How these figures were built

Every number comes from the U.S. Department of Education (College Scorecard / IPEDS), as carried in CampusPin’s committed snapshot of 2026-08-13. Nothing is recomputed, modelled, or imputed.

An institution appears here only if it reports bothmedian federal debt at graduation and the share of students receiving federal loans. Median debt without the borrower share is the misleading half of the statistic, so a college reporting one and not the other is excluded rather than shown incomplete. Institutions sharing an identical debt, borrower-share and earnings tuple are also excluded, because that pattern means one record’s series was attached to several colleges upstream and the figure cannot be attributed to a single school.

Federal loans only. Private loans, parent PLUS borrowing, and money families pay without borrowing are not in this data, so real household borrowing is higher than these figures. Median debt describes students who borrowed and completed, not all students. Figures reflect a prior cohort and lag the current academic year by one to two federal reporting cycles.

Frequently asked questions

How much student debt do Maine college graduates have?
Across the 23 Maine colleges that report both figures, the median federal loan debt at graduation is $19,157, and a median of 28.5% of students take federal loans. Individual colleges range from $8,861 to $27,000. These are federal loans only, so households that also used private or parent PLUS loans borrowed more than this.
Does a low average debt figure mean a college is affordable?
Not on its own. Median debt describes only the students who borrowed and completed. A college where 15% of students borrow can post a low median while most families pay a high price out of pocket, and a college where most students borrow can post a modest median because its price is genuinely low. Always read the dollar figure together with the share who borrow, which is why this page never shows one without the other.
Is this every college in Maine?
No. This page covers the 23 Maine institutions in CampusPin's dataset that report BOTH median debt at graduation and the borrower share. A college reporting only one of the two is excluded rather than shown with half the statistic. CampusPin's dataset is also not the complete federal Title IV universe.
Why is this lower than the average student debt figure I have seen for Maine?
Because they measure different things. This page reports median federal debt AT GRADUATION for students at Maine colleges. The widely published state figures report the total federal balance carried by borrowers who RESIDE in a state, which includes graduate-school borrowing and years of accrued interest on loans taken long ago, so it is substantially higher. Neither is wrong. Use debt at graduation to compare colleges against each other, and the residence figure to understand what people in a state currently owe.
What is not counted in these figures?
Private student loans, parent PLUS borrowing, and money families pay without borrowing are all outside this data, so real household cost is higher than the numbers here. The figures also reflect a prior graduating cohort and lag the current academic year by one to two federal reporting cycles.

Limitations of this data

  • Median debt covers FEDERAL loans only. Private loans, parent PLUS borrowing, and money families pay without borrowing are not included, so real household cost is higher than this figure.
  • It describes students who BORROWED and completed, not all students. Read it together with the borrower share on the same row.
  • Figures reflect a prior cohort and lag the current academic year by one to two federal reporting cycles.
  • Median earnings ten years out covers students who received federal financial aid, and reflects the mix of programs and students at each institution, not the effect of attending it.
  • Reflects institutions in CampusPin's dataset, NOT the full federal Title IV universe.

Keep going on CampusPin

Narrow this list with the full filter set, or put any two colleges side by side.

Federal reporting is updated annually. Report a data issue.

Data sources & methodology

Debt, borrower-share, and earnings figures for Maine colleges come from federal collections reported by each institution.

Sources used across this page

Not every source informs every figure. Each data point draws on the source appropriate to it see the relevant section and the data dictionary for field-level provenance.

  • IPEDS / NCES College Navigator

    Federal enrollment, admissions, tuition, retention, and program data. Released annually with a 1–2 year lag.

  • U.S. Department of Education College Scorecard

    Net price by income band, post-graduation earnings, and federal aid context.

  • Institutional websites

    Each school's official admissions, registrar, and financial-aid pages are the authoritative source for current details.

Where a value is unavailable it is shown as unavailable, never as 0, free, or a negative judgment. Always confirm final details with the institution before applying.

Suggested citation

CampusPin. Student Debt at Maine Colleges. Retrieved from https://campuspin.com/student-debt/maine