Is Colby College worth it?

Waterville, ME · private-nonprofit

Verdict

Typical students pay $17,180 a year after aid, graduate with $19,157 in federal debt, and earn $60,052 six years after enrolling — an estimated monthly loan payment of $205, with a debt break-even of about 3.2 years.

Net price / year

$17,180

Admission rate

7%

Graduation rate

—

Median debt

$19,157

Earnings (6 yr)

$60,052

Earnings (10 yr)

$80,490

Est. monthly loan payment

$205

Loan-to-income ratio

32%

Debt break-even

3.2 years

How Colby College compares

MetricColby CollegeMaineNational
Net price$17,180$18,387$16,642
Median debt$19,157$16,375$12,377
Earnings (6 yr)$60,052$34,952$33,037
Graduation rate———

FAQ

How much does it cost to attend Colby College?

The federal average net price after grants and scholarships is $17,180 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.

How much debt do Colby College graduates typically carry?

Students who complete a program at Colby College leave with a median federal debt of $19,157, based on the U.S. Department of Education's College Scorecard.

What do Colby College graduates earn?

Six years after enrolling, former students report median earnings of $60,052, drawn from federal tax records aggregated by the College Scorecard.

What is the graduation rate at Colby College?

Graduation rate data is not currently published for this school.

Is Colby College worth the debt?

Based on median debt and 6-year earnings, it would take roughly 3.2 years of 10% income allocation to pay off the typical debt load — compare that against your own expected major and career path before deciding.

Source: U.S. Department of Education College Scorecard.