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Economics at Colby College

If you plan to study Economics, consider the program at Colby College. We’ve gathered the following information to help you decide.

Colby College sits in Waterville, ME.

For the most recent IPEDS reporting year, 107 economics degrees were granted at Colby College.

Online & Distance Learning at Colby College

Colby College delivers most coursework on campus; distance-education enrollment is limited.

Economics Rankings at Colby College

Rankings can help you compare Colby College’s Economics program to other colleges that offer this major.

Bachelor’s-Level Rankings

Ranking	Scope	Rank
Best Schools (Quality)	Maine	#3 of 5
Best Value	Maine	#4 of 5
Best Value	New England (Region)	#14 of 45
Best Schools (Quality)	New England (Region)	#15 of 46
Best Schools (Quality)	Nationwide	#71 of 466
Best Value	Nationwide	#316 of 463

Earnings for Economics Graduates from Colby College

Students who complete Colby College’s Economics program earn at the following median levels (per the U.S. Department of Education’s College Scorecard):

Years After Graduation	Median Earnings
1 year	$58,540
2 years	$57,995
3 years	$83,980
4 years	$102,153
5 years	$142,245

Is this above or below average for the school? Four years after graduating, Economics graduates from Colby College earn a median of $102,153, compared with $72,678 for all Colby College graduates — about 41% higher than the school-wide median.

Median Debt at Graduation

Typical debt at graduation for Economics graduates from Colby College comes in at $24,250.

Student Demographics & Diversity

Take a look at the diversity of Economics graduates at Colby College, broken down by degree level.

Program-wide, Economics graduates at Colby College are 29% women (31) and 71% men (76).

Economics Bachelor’s Program at Colby College

Among the 107 bachelor’s economics graduates at Colby College, 29% were women (31) and 71% were men (76).

The following table and chart show the race/ethnicity of Economics bachelor’s degree recipients at Colby College.

Race / Ethnicity	Number of Graduates
White	65
Hispanic / Latino	2
Black / African American	2
Asian	10
Native Hawaiian / Pacific Islander	1
Two or More Races	5
International (Nonresident)	13
Unknown	9

Racial-ethnic minorities make up 19% of Economics bachelor’s degree recipients at Colby College, lower than the national average of 34%.*

*The racial-ethnic minorities figure is the total number of graduates minus White, international (nonresident), and unknown-race graduates.

More Specific Economics Concentrations at Colby College

This Economics program at Colby College offers more specialized concentrations:

Concentration	Graduates
Quantitative Economics	107

Best-Paid Careers for Economics Graduates

Those who complete Economics program at Colby College work across a variety of fields. Here are the highest-paying careers for Economics majors, ordered by median annual salary:

Occupation	Nationwide Median Wage
Wind Energy Development Managers	$169,952
Loss Prevention Managers	$165,723
Business Intelligence Analysts	$143,840
Statisticians	$130,349
Market Research Analysts and Marketing Specialists	$124,518
Wind Energy Operations Managers	$122,567
Biostatisticians	$121,594
Compliance Managers	$117,178
Survey Researchers	$108,538
Data Scientists	$106,295

References

• IPEDS — Integrated Postsecondary Education Data System
• U.S. Department of Education — College Scorecard
• O*NET Online (Bureau of Labor Statistics)
• National Center for Education Statistics

More about our data sources and methodologies.