Four years after completion, federally aided completers at Maine Maritime Academy who are working and not enrolled show median earnings of $113,298, in the 99th percentile among nonprofit four-year institutions. Against a peer median of $53,116 for comparable institutions (same type and size), the university's median is $60,182 above.
The return pillar is in the 99th percentile among nonprofit four-year institutions. Graduates earn about $34,080 more than the model expects for similar students.
That puts the gap at the 99th percentile. The part the model attributes to the factors it measures (field of study, enrollment and the local labor market) adds $10,135.
The part it attributes to a remainder it does not explain adds $23,945. Within the measured factors, the STEM component adds $7,966.
Maine Maritime Academy posts a median of $113,298 four years after completion, drawn from an earnings cohort of 289 federally aided completers who are working and not enrolled. That figure is $60,182 above the $53,116 median for comparable institutions (same type and size), and Azimuth places it in the 99th percentile among nonprofit four-year institutions.
Graduates earn about $34,080 more than the model expects for similar students. The gap sits at the 99th percentile.
Earnings scenarios estimated from the program mix put the typical figure at $113,298, with a downside scenario of $75,671 and an upside scenario of $137,352. An estimated 17.7% of graduates continue to graduate study, based on the program mix.
Maine Maritime Academy posts a median of $113,298 four years after completion, at the 99th percentile among nonprofit four-year institutions. The peer median for comparable institutions (same type and size) is $53,116, so the gap runs $60,182 above that benchmark.
Azimuth ranks the university #19 for return. Graduates earn about $34,080 more than the model expects for similar students.
That puts the gap at the 99th percentile. The part the model attributes to the factors it measures (field of study, enrollment and the local labor market) adds $10,135.
The part it attributes to a remainder it does not explain adds $23,945. Within the measured factors, the STEM component adds $7,966.
The program mix is concentrated in maritime and engineering fields. Estimated earnings scenarios, drawn from that mix, range from a downside of $75,671 to an upside of $137,352.
An estimated 17.7% of graduates continue to graduate study, based on the program mix.
The earnings scenarios show a wide spread: from $75,671 on the downside to $137,352 on the upside. These are scenarios estimated from the program mix, not observed groups of graduates.
At the top of the range, Naval Architecture and Marine Engineering graduates earn a median of $137,352 four years after completion. Marine Transportation follows at $103,417, and International Business at $77,641. The scenario range spans lower- and higher-earning program clusters.
Graduates of Maine Maritime Academy earn about $34,080 more than the model expects for similar students. The median federal student loan debt for borrowers who finish is $27,000, which is $7,500 above the median of $19,500 at comparable institutions (same type and size).
If repaid over ten years, that debt corresponds to an estimated payment of $307 a month. Federal student debt excludes Parent PLUS and private loans.
For parents who borrow, the median Parent PLUS debt is $55,812. The published cost of attendance is $31,046, and aid covers about 25% of that amount for the average aid recipient.
The average net price, what aid recipients pay after grants and scholarships, is $23,414.