Degree Dividend
Sourced from federal dataEvery figure datedNo rankings for sale

Maine Maritime Academy — ROI, Cost & Payback

Public · Castine, ME · 942 students

The verdict

Maine Maritime Academy charges a net price of $23,414/yr after aid — a 4-year total of $93,656. Graduates earn a median $89,964 ten years after entry, $41,604/yr above the $48,360 high-school baseline, clearing the total in 2.3 years — a 20-year net return of $738,424, a strong payback — the degree clears its cost fast. (Scorecard, 2026 · our math.)

Share

Maine Maritime Academy's 2.3-year payback ranks #106 of 1,280 US colleges we track — better ROI than 92% of them, and #4 of 27 in Maine.

Better ROI than 92% of US colleges#106 of 1,280
Weakest ROIStrongest ROI
$23,414
Net price / yr
Scorecard, 2026
$89,964
Median earnings, 10 yrs
Scorecard, 2026
2.3 yrs
Payback
Our math, 2026
54%
Admission rate
Scorecard, 2026
Maine Maritime Academy: cost, earnings and payback
MeasureValueSource
Net price (after aid)$23,414/yrScorecard, 2026
Total net cost (4 yrs)$93,656our math
Median earnings, 10 yrs after entry$89,964Scorecard, 2026
Earnings premium over HS baseline$41,604/yrour math
Median debt (completers)$27,000Scorecard, 2026
Payback2.3 yrsour math
20-year net return$738,424our math

College Scorecard (2026 release), institution-level · payback and returns are our math.

The arithmetic, on Maine Maritime Academy's own numbers. Net price $23,414 × 4 years = $93,656 total. Median earnings $89,964 − the $48,360 high-school baseline = $41,604 a year of premium. $93,656 ÷ $41,604 = 2.3 years to break even; twenty years of that premium minus the cost leaves $738,424. Future dollars are not discounted, and the earnings figure blends every major here — your programme can beat or miss it. Full method.

How much debt do Maine Maritime Academy students graduate with?

A median $27,000 in federal loans among completers, or 30% of the $89,964 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.

What share of Maine Maritime Academy students graduate?

58% finish their degree — 42% leave carrying the cost without the credential. Spread the $93,656 bill across that completion rate and the cohort pays $161,476 per graduate produced — our math, and the figure a payback number never shows.

Is Maine Maritime Academy expensive compared with other Maine colleges?

Its $23,414 net price runs $6,234 above the $17,180 median across the 27 Maine colleges we profile, or $24,936 more across the full degree.

Maine Maritime Academy: frequently asked questions

Is Maine Maritime Academy worth the cost?
On the numbers, yes. Maine Maritime Academy charges $23,414/yr after aid ($93,656 over 4 years), and graduates earn a median $89,964 ten years out — $41,604/yr above the $48,360 high-school baseline. That clears the cost in 2.3 years and returns $738,424 net over 20 years, a strong payback — the degree clears its cost fast.
How long does a Maine Maritime Academy degree take to pay off?
About 2.3 years. We divide the $93,656 four-year net cost by the $41,604/yr earnings premium over the high-school baseline. It is a floor, not a ceiling — mid-career raises pay it back faster.
How much does Maine Maritime Academy cost after financial aid?
The median net price is $23,414/yr — about $93,656 over 4 years. That is what the typical aided student actually pays after grants and scholarships, not the published sticker price.
How does Maine Maritime Academy compare to other Maine colleges?
It ranks #4 of 27 Maine colleges we track by payback. Its $89,964 median earnings beat the national median of $43,549, and its $23,414 net price is above the national median of $16,902.