Head-to-Head Comparison
Colby College vs Loyola University Maryland
- Colby Wins
- 19
- Tied
- 13
- Loyola Maryland Wins
- 18
Direct Answer
For overall financial value, Colby College offers a significantly safer investment tier. With an annual cost of $17,180 vs Loyola University Maryland's $30,574, Colby College delivers strong outcomes at a fraction of the price. For students prioritizing lower student debt over initial institution prestige, Colby College's lower price point delivers a highly efficient debt-to-earnings path.
50 data points compared · Sources: College Scorecard, Opportunity Insights, Times Higher Education, IPEDS
When to Pick Each School
Colby
- Lower cost: Average net price of $17,180, roughly $13,394 a year less
- Higher grad rate: 89% of students finish, the higher completion rate of the pair
- Less debt: Median debt of $19,157, the lower of the two
- Social mobility: Chetty mobility rate of 0.9%, the stronger record of moving students up the income ladder
- More selective: Admits 7% of applicants, which makes for a more competitive peer group
Loyola Maryland
- Higher earnings: Median earnings of $82,652 ten years after enrollment, 3% more than Colby College
The Actual Decision
What are you really choosing between?
Colby graduates concentrate in Social Sciences (28% of degrees); Loyola Maryland in Business & Marketing (32%). If you already know the field you want, the choice is mostly made for you.
Based on each school's share of degrees by field (College Scorecard). It shows where graduates actually concentrate, not the only path a school offers.
Which School Fits You?
Pick Loyola University Maryland over Colby College. Median earnings of $82,652 ten years after enrollment vs $80,490.
Pick Colby College over Loyola University Maryland. Net price $17,180 vs $30,574.
Pick Colby College over Loyola University Maryland. 0.9% mobility rate vs 0.7%.
Pick Colby College over Loyola University Maryland. 89% completion rate vs 80%.
Key Metrics at a Glance
Graduation Rate
Earnings (10yr)
Avg Net Price
Median Debt
The Analysis
Verdict
Colby College and Loyola University Maryland are close on paper, but Colby College wins the head-to-head, leading on 5 of the core measures (selectivity, cost, earnings, completion, mobility, and debt). The right pick still depends on how you weight them.
Getting in
Colby College is the harder admit. It takes 7% of applicants, while Loyola University Maryland takes 75%. Its entering class also posts the higher average SAT, 1,501 to 1,290.
So what: If test scores and a high-scoring peer group matter to you, Colby College sets the higher bar. The less selective school is easier to get into, which can work in your favor rather than against it.
What it costs
On price, Colby College comes out ahead. Its average net price after aid is $17,180, about $13,394 a year below Loyola University Maryland's $30,574. Graduates of Colby College also borrow less: median debt of $19,157, against $27,000.
So what: Over four years, the gap adds up to about $53,576 before any change in aid. Choosing Colby College leaves that money available for graduate school, savings, or simply less borrowing.
What graduates earn
Ten years after enrollment, Loyola University Maryland graduates report median earnings of $82,652, compared with $80,490 at Colby College. That is a 3% advantage. Set against borrowing, Colby College has the lower debt-to-earnings ratio, 0.24x to 0.33x.
So what: An earnings gap of 3% this early in a career tends to widen, since raises build on the higher base. Of the measures on this page, this one carries the most financial weight.
Finishing the degree
Colby College graduates a larger share of its students, 89% versus 80%. More of its students stay on track to a degree.
So what: A completion gap of 10% is a risk measure. Students at the school with the lower rate face higher odds of leaving with debt and no degree, the most expensive outcome in higher education.
Moving people up
Colby College does more to move students up the income ladder. Its Chetty mobility rate is 0.9%; at Loyola University Maryland, it is 0.7%. Loyola University Maryland also enrolls the larger share of low-income students: 1.7% come from the bottom income quintile, versus 1.5%.
So what: For first-generation and low-income students, Colby College offers the stronger statistical shot at reaching the top of the income distribution. The gap is wide enough to weigh in any access-minded decision.
Recommendation
Bottom line: pick Colby College to keep costs and debt down; pick Loyola University Maryland for the higher earnings ceiling.
Data certainty: High. Both schools report 6 of 6 core signals used here, so every comparison above matches reported data against reported data.
Counterintuitive Insights
The cheaper school is not the lower-earning one here. Colby College saves about $13,394 a year, yet Loyola University Maryland graduates earn $2,162 more ten years after enrollment. The cost advantage and the earnings premium sit at different schools, so your time horizon decides which counts more.
Their academic identities diverge. Colby College concentrates enrollment in Biology & Biomedical, while Loyola University Maryland leans toward Business & Marketing. That split shapes which recruiters come to campus and what your classmates study.
Who Should Look Elsewhere
- Business and consulting-track students: Colby College has less business program depth, and Loyola University Maryland offers the stronger options.
- Cost-conscious students: net price of $30,574 runs well above Colby College's $17,180.
- Students minimizing debt: median debt is $27,000, against $19,157 at Colby College.
- Students who want a smaller campus: Loyola University Maryland's enrollment of 3,869 far exceeds Colby College's 2,407.
Full Data Breakdown
Inside the admissions office
Loyola Maryland offers a binding Early Decision round that can lift your odds; Colby does not, so there is no early-commitment lever to pull there.
Source: each school's published Common Data Set, via collegedata.fyi.
Overview 5 metrics
Admissions 4 metrics
Admissions Strategy (Common Data Set) 6 metrics
Cost & Financial Aid 9 metrics
Academics 5 metrics
Student Body 6 metrics
Outcomes 6 metrics
Social Mobility (Chetty) 4 metrics
Social Capital 3 metrics
Online Education (IPEDS) 2 metrics
The Overviews
Colby College
Waterville, ME · Private nonprofit
With an acceptance rate of just 7%, Colby College is tailored for students who thrive in a highly selective environment and are eager to dive into topics like Social Sciences, Psychology, Biology, and Computer Science. It’s a small community of about 2,407 students, making it easier to form close connections with peers and professors alike. Those who choose Colby are often passionate about their fields and want to engage deeply in their studies.
Looking at life after graduation, alumni report impressive earnings, with a 10-year median income of $80,490. This suggests that a Colby education can lead to solid financial outcomes, helping graduates secure well-paying jobs. The affordability factor is also notable; with a net price of $17,180, many students find that they can graduate without being burdened by excessive debt, as the median debt sits at $19,157. This balance helps foster mobility for those who want to move up in their careers.
The numbers tell a clear story: Colby is not just about getting a degree but about setting up students for success in the real world. While 14% of students receive Pell Grants, indicating that support is available for those who need it, the overall environment tends to attract highly motivated individuals. Those who thrive here share a commitment to their studies and benefit from both a strong academic foundation and a supportive community.
Loyola University Maryland
Baltimore, MD · Private nonprofit
With an enrollment of nearly 3,900 students, Loyola University Maryland caters to those seeking a well-rounded education in a supportive environment. The 75% acceptance rate suggests that the school aims to welcome a diverse group of students, which contributes to a vibrant campus life. Popular areas of study include Business and Marketing, Biology and Biomedical Sciences, Psychology, Communications, and Social Sciences, allowing students to explore various fields while preparing for their careers.
After graduation, students can expect a solid financial outlook, with a median earnings figure of $82,652 after ten years. This is encouraging and indicates that many graduates find good opportunities in their chosen fields. The affordability factor is also important; with a net price of $30,574, students can weigh the cost of their education against potential earnings, making it a reasonable investment for many.
When considering the practical aspects of attending Loyola, the average debt load of $27,000 is relatively manageable, especially given the earnings potential. The school attracts a mix of students, including those who are determined to succeed and take advantage of the supportive community. With a graduation rate of 80%, it’s clear that many students find their footing here and go on to thrive in their careers.
Rankings They Appear On
Loyola University Maryland is featured on the Best Business Colleges in Maryland ranking.
Top Degree Programs
Colby's top program is Sociology (28% of enrollment), while Loyola Maryland leads with Business Administration (32%).
Career Pathways
Program strengths at these schools feed into careers like Software Developer, Data Scientist, Cybersecurity Analyst (for Colby) and Software Developer, Data Scientist, Cybersecurity Analyst (for Loyola Maryland).
The two schools feed different job markets. Colby College is strongest in Biology & Biomedical, while Loyola University Maryland concentrates in Business & Marketing. Those concentrations determine which recruiters show up on campus and where alumni cluster by industry. Match the school's program strengths to the field you plan to enter.
Frequently Asked Questions
Is it harder to get into Colby College or Loyola University Maryland?
Colby College is harder to get into, admitting 7% of applicants compared with 75% at Loyola University Maryland.
Which is more affordable, Colby College or Loyola University Maryland?
Colby College is more affordable, with an average net price of $17,180 after aid versus $30,574 at Loyola University Maryland.
Do Colby College or Loyola University Maryland graduates earn more?
Loyola University Maryland graduates earn more: median earnings of $82,652 ten years after enrollment, versus $80,490 at Colby College.
Which has a better graduation rate, Colby College or Loyola University Maryland?
Colby College has the higher graduation rate, 89% versus 80%.
Colby College vs Loyola University Maryland: which is better for social mobility?
Colby College is the stronger driver of upward mobility, with a Chetty mobility rate of 0.9% versus 0.7%.
Should you choose Colby College or Loyola University Maryland?
It depends on what you weigh most. Choose Colby College if affordability and lower debt come first; choose Loyola University Maryland if you're optimizing for post-grad earnings. The two schools win on different measures, so the better fit is the one whose strengths match your priorities.
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