What are the best colleges and universities in Maine if you reward schools for making the best use of their limited resources? Academic Stewardship asks how effectively schools manage their financial and human resources to gain the influence that makes them academically excellent. Schools that are exemplary in Academic Stewardship are doing everything in their power to help students and faculty achieve their full potential.
Colleges and universities in Maine deserve to be recognized when they do more with less. It’s impressive when a large wealthy school can spend money lavishly on expensive buildings and programs. But it’s even more impressive when a small school with limited means is able to train and inspire students that the larger wealthier schools tend to ignore.
The American Association of Colleges and Universities reported in late 2021 that almost 75 percent of higher-education professionals at US colleges and universities felt financial constraints prevented their schools from effectively attracting students. Distracted by the size and amenities of larger schools, prospective students tended especially to be overawed by the big research universities.
Maine’s smaller colleges, especially its liberal arts colleges, need effective ways of communicating their value to a world that celebrates “bigger is better” and “you need the best.” Unfortunately, most college ranking companies, such as U.S. News & World Report, define “best” in a way that devalues schools with smaller budgets and fewer students even when these schools do remarkable work in advancing their students’ education. By and large, college rankings penalize schools that serve underserved populations.
Inspired by Malcolm Gladwell, who for years now has criticized conventional college rankings for misrepresenting what’s good and valuable in education, we decided to construct a new ranking metric that highlights those schools that do more with less. That metric—called the Academic Stewardship metric—takes away both the size and the wealth advantage of schools, and focuses instead on how well schools use the resources available to them to advance the education of their students.
As a metric, Academic Stewardship is defined by a precise mathematical formula, which can be found in our Academic Stewardship white paper. Measuring the Academic Stewardship of Maine’s colleges requires measuring two forms of stewardship: 1) Stewardship of financial resources (using the money they have responsibility without waste) and 2) Stewardship of human resources (doing their best to help students, faculty, and administration to flourish). Together, these two types of stewardship form what we call Academic Stewardship. If you want to learn more about the factors involved in Academic Stewardship, click the more button below.
Academic Stewardship as so defined is connected to keeping tuition and other costs down, but it should not be confused with affordability or frugality. The schools that this metric ranks as exemplary academic stewards tend to be all over the map when it comes to tuition and other costs. At issue is the influence of schools given the financial and human resources they have on hand. If a school is going to charge more for tuition, then that needs to be reflected in the school having proportionately greater influence.
The benefits of attending a school with strong academic stewardship include:
Tuition + fees
$58K
Acceptance
9%
Graduation
94%
Student body
2K
Bowdoin College’s faculty and alumni have been influential in:
Tuition + fees
$61K
Acceptance
9%
Graduation
87%
Student body
2K
Median SAT/ACT
1450/32
Colby College’s faculty and alumni have been influential in:
Tuition + fees
$10K
Acceptance
87%
Graduation
34%
Student body
6K
Median SAT/ACT
1059/22
University of Southern Maine’s faculty and alumni have been influential in:
Tuition + fees
$12K
Acceptance
96%
Graduation
57%
Student body
10K
University of Maine’s faculty and alumni have been influential in:
Tuition + fees
$40K
Acceptance
90%
Graduation
63%
Student body
5K
University of New England ’s faculty and alumni have been influential in:
Tuition + fees
$9K
Acceptance
100%
Graduation
40%
Student body
<1K
University of Maine at Fort Kent’s faculty and alumni have been influential in:
Tuition + fees
$8K
Graduation
16%
Student body
2K
University of Maine at Augusta’s faculty and alumni have been influential in:
Tuition + fees
$44K
Acceptance
61%
Graduation
67%
Student body
<1K
Tuition + fees
$40K
Acceptance
81%
Graduation
68%
Student body
1K
Median SAT/ACT
945/22
Saint Joseph's College of Maine’s faculty and alumni have been influential in:
Tuition + fees
$10K
Acceptance
97%
Graduation
55%
Student body
2K
University of Maine at Farmington’s faculty and alumni have been influential in:
At $9,970, Maine is right on target with the national average, making the state an affordable choice for those looking to receive an associate, bachelor’s, master’s, or doctoral degree. The 16 public colleges and universities range in tuition from $4,000 to $14,000. The 10 private schools tend to cost more, ranging from $27,000 to $55,000, though the class sizes are often much smaller. The largest private university is the University of New England, with just under 6,000 students, and a tuition of $38,000.
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The University of Maine (UMaine), with just under 10,000 students, is the largest public school, with a tuition rate of $11,000. Based in Orono, the public research university offers degrees in fields like literature, earth sciences, and physics. Stephen King and Bernard Lown are among the influential alumni who attended this school. The cost for higher education in Maine varies, but the state offers loan forgiveness programs for many professions, including dentists, lawyers, educators, health professionals, and veterinarians. The Alfond Leaders program forgives up to $60,000 for residents working in eligible science, technology, engineering, and mathematics occupations.
The northernmost state in New England, Maine is known for its fishing, quaint coastal towns, and of course, lobster. Maine is also home to over 60 lighthouses. Students looking to earn their degree while living in a state that has both ocean beaches and lush forests can choose from 26 private and public higher education institutions.
Come see why Maine is an excellent option for earning your higher education degree and starting a career.