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Colby College vs University of Michigan-Ann Arbor

42 data points compared. Stronger value in each row highlighted. Sources: College Scorecard, Opportunity Insights, Times Higher Education, IPEDS.

13
Colby Wins
10
Tied / N/A
19
University Wins

Overview

Private nonprofit
Type
Public
Town
Setting
Urban
New England
Region
Great Lakes
2,407
Enrollment
34,177
No
HBCU
No

Admissions

7%
Acceptance Rate
16%
1501
SAT Average
1465
33
ACT Midpoint
N/A
1460-1550
SAT Range
1360-1530

Cost & Financial Aid

$69,600
In-State Tuition
$17,736
$69,600
Out-of-State Tuition
$60,946
$17,180
Average Net Price
$13,138
$4,049
Net Price ($0-30K income)
$1,043
$1,251
Net Price ($30-48K)
$1,878
$3,666
Net Price ($48-75K)
$4,895
$46,511
Net Price ($110K+)
$26,517
14%
Pell Grant Rate
18%
9%
Federal Loan Rate
24%

Academics

89%
Graduation Rate
93%
94%
Retention Rate
97%
93%
Full-Time Faculty
82%
$13,207
Faculty Salary (monthly)
$13,384
11%
First-Gen Students
21%

Student Body

57%
Female
53%
55%
White
47%
8%
Hispanic
12%
5%
Black
5%
10%
Asian
18%
0.66
Diversity Index
0.72

Outcomes

$60,052
Earnings (6yr)
$73,762
$68,015
Earnings (8yr)
$78,273
$80,490
Earnings (10yr)
$83,648
$19,157
Median Debt
$19,500
0.24x
Debt-to-Earnings
0.23x
78%
Earning Above HS
80%

Social Mobility (Chetty)

90.38%
Mobility Rate
N/A
6082.8%
Success Rate (bottom 20%)
N/A
148.6%
From Bottom 20%
N/A
$208,700
Parent Median Income
N/A

Social Capital

1.83
Economic Connectedness
1.61
0.00
Friending Bias
0.08
9.9%
Volunteering Rate
8.9%

The Overviews

Colby College

Waterville, ME · Private nonprofit

7% accept 89% grad $80,490 earnings $17,180 net

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.

University of Michigan-Ann Arbor

Ann Arbor, MI · Public

16% accept 93% grad $83,648 earnings $13,138 net

With an enrollment of nearly 34,200 students, the University of Michigan-Ann Arbor is a vibrant and competitive environment suited for those who thrive in large, diverse settings. The acceptance rate of just 16% means that the university attracts a motivated student body. Here, students dive into popular programs like Computer Science & IT, Engineering, and Business & Marketing, allowing them to engage deeply with their fields while also enjoying the resources of a large public university.

Looking at life after graduation, graduates from Michigan can expect to earn about $83,648 within ten years of completing their degrees. This level of earnings reflects the strong career support and alumni network that helps many students advance in their careers. The university’s high graduation rate of 93% speaks to the commitment of faculty and students alike, ensuring that most make it through to graduation, which is a key factor in securing better job opportunities.

When considering the financial aspect, the net price for students after financial aid is around $13,138, making it a reasonably affordable choice given the quality of education received. With a median debt of $19,500, most graduates leave with manageable loans, especially in light of their earning potential. Students who excel here often share a drive to succeed and a passion for their chosen fields, making Michigan a great fit for those eager to make an impact in their careers.

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