Location: Waterville, ME•In-State Tuition: $66,600•Admission Rate: 7%•Avg SAT: 1500
Est. Earnings (1yr)
$70,950
Est. from national median (345 programs)
Est. Median Debt
$25,000
Est. from national median (133 programs)

Analysis

A highly selective liberal arts college like Colby produces an unusual data situation for computer science. With a 7% admission rate and average SAT of 1500, this is clearly an elite institution, yet the small size of its CS program means we're working with estimates from peer programs nationally—about $71,000 in first-year earnings and $25,000 in debt. What makes this tricky is that comparable programs in Maine show actual outcomes ranging from $68,000 to $77,000, suggesting meaningful variation even within the state.

The estimated debt-to-earnings ratio of 0.35 looks manageable on paper, and the $25,000 debt figure is modest for a private college education. However, Colby's price tag likely exceeds what these estimates reflect—elite liberal arts colleges often cost significantly more than the typical institutions these estimates are drawn from. If your actual debt will be higher than $25,000, the math shifts quickly. The real question is whether Colby's strong alumni network and liberal arts approach to CS education—valuable for certain career paths—justifies a premium over Maine's flagship university, where graduates reportedly earn $77,000 their first year out.

The uncertainty here cuts both ways: Colby's selectivity and resources might produce outcomes that exceed these peer-program estimates, but you're betting on unmeasured factors. If you're paying close to full price, get specific answers from Colby about where their CS graduates actually land.

Where Colby College Stands

Earnings vs. debt across all computer science bachelors's programs nationally

Colby College (estimated ±10%)Other computer science programs

Dashed lines show national medians. Upper-left = best value.

Compare to Similar Programs in Maine

Computer Science bachelors's programs at peer institutions in Maine (7 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Colby CollegeWaterville$66,600$70,950*—$25,000*—
University of MaineOrono$12,606$77,046*—$26,209*0.34
University of Southern MainePortland$10,920$67,956*—$20,387*0.30
National Median—$70,950*—$23,374*0.33
* Estimated from similar programs

Career Paths

Occupations commonly associated with computer science graduates

Computer and Information Systems Managers

Plan, direct, or coordinate activities in such fields as electronic data processing, information systems, systems analysis, and computer programming.

$171,200/yrJobs growth:Bachelor's degree

Computer and Information Research Scientists

Conduct research into fundamental computer and information science as theorists, designers, or inventors. Develop solutions to problems in the field of computer hardware and software.

$140,910/yrJobs growth:Master's degree

Software Developers

Research, design, and develop computer and network software or specialized utility programs. Analyze user needs and develop software solutions, applying principles and techniques of computer science, engineering, and mathematical analysis. Update software or enhance existing software capabilities. May work with computer hardware engineers to integrate hardware and software systems, and develop specifications and performance requirements. May maintain databases within an application area, working individually or coordinating database development as part of a team.

$131,450/yrJobs growth:Bachelor's degree

Software Quality Assurance Analysts and Testers

Develop and execute software tests to identify software problems and their causes. Test system modifications to prepare for implementation. Document software and application defects using a bug tracking system and report defects to software or web developers. Create and maintain databases of known defects. May participate in software design reviews to provide input on functional requirements, operational characteristics, product designs, and schedules.

$131,450/yrJobs growth:Bachelor's degree

Information Security Analysts

Plan, implement, upgrade, or monitor security measures for the protection of computer networks and information. Assess system vulnerabilities for security risks and propose and implement risk mitigation strategies. May ensure appropriate security controls are in place that will safeguard digital files and vital electronic infrastructure. May respond to computer security breaches and viruses.

$124,910/yrJobs growth:Bachelor's degree

Database Architects

Design strategies for enterprise databases, data warehouse systems, and multidimensional networks. Set standards for database operations, programming, query processes, and security. Model, design, and construct large relational databases or data warehouses. Create and optimize data models for warehouse infrastructure and workflow. Integrate new systems with existing warehouse structure and refine system performance and functionality.

$123,100/yrJobs growth:Bachelor's degree

Data Warehousing Specialists

Design, model, or implement corporate data warehousing activities. Program and configure warehouses of database information and provide support to warehouse users.

$123,100/yrJobs growth:Bachelor's degree

Data Scientists

Develop and implement a set of techniques or analytics applications to transform raw data into meaningful information using data-oriented programming languages and visualization software. Apply data mining, data modeling, natural language processing, and machine learning to extract and analyze information from large structured and unstructured datasets. Visualize, interpret, and report data findings. May create dynamic data reports.

$112,590/yrJobs growth:Bachelor's degree

Business Intelligence Analysts

Produce financial and market intelligence by querying data repositories and generating periodic reports. Devise methods for identifying data patterns and trends in available information sources.

$112,590/yrJobs growth:Bachelor's degree

Clinical Data Managers

Apply knowledge of health care and database management to analyze clinical data, and to identify and report trends.

$112,590/yrJobs growth:Bachelor's degree

Computer Programmers

Create, modify, and test the code and scripts that allow computer applications to run. Work from specifications drawn up by software and web developers or other individuals. May develop and write computer programs to store, locate, and retrieve specific documents, data, and information.

$98,670/yrJobs growth:Bachelor's degree

Web Developers

Develop and implement websites, web applications, application databases, and interactive web interfaces. Evaluate code to ensure that it is properly structured, meets industry standards, and is compatible with browsers and devices. Optimize website performance, scalability, and server-side code and processes. May develop website infrastructure and integrate websites with other computer applications.

$95,380/yrJobs growth:Bachelor's degree
About This Data

Source: U.S. Department of Education College Scorecard (October 2025 release)

Population: Graduates who received federal financial aid (Title IV grants or loans). At Colby College, approximately 13% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.

Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.

Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.

Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the national median of 345 similar programs. Actual outcomes may vary.