Est. Earnings (1yr)
$36,624
Est. from ME median (4 programs)
Est. Median Debt
$26,000
Est. from national median (186 programs)

Analysis

Colby's English program sits in a competitive field where Maine's top liberal arts schools show dramatically different outcomes—Bowdoin graduates earn $49,000 their first year while UMaine graduates start at $29,000. Based on comparable English programs in Maine, Colby graduates likely earn around $37,000 initially, positioning the program in the middle of this range. That's $7,000 above the national median for English majors, though notably behind Colby's peer institutions Bowdoin and Bates. The estimated $26,000 in debt translates to a 0.71 debt-to-earnings ratio, which is manageable compared to many humanities programs.

The crucial question is whether Colby's highly selective environment (7% admission rate, 1500 average SAT) translates into stronger career outcomes than these estimates suggest. Elite liberal arts colleges typically leverage alumni networks and career services in ways that state averages can't capture. However, the gap between estimated Colby outcomes and actual Bowdoin results—roughly $13,000—suggests the estimation method may not fully account for institutional differences at this tier.

For parents investing in a $70,000+ annual price tag, the disconnect between Colby's selectivity and these estimated earnings warrants direct conversation with the school about actual graduate outcomes, career placement support, and how English majors fare in the job market beyond year one. The debt level is reasonable, but only if post-graduation earnings grow substantially from that first-year baseline.

Where Colby College Stands

Earnings vs. debt across all english language and literature bachelors's programs nationally

Compare to Similar Programs in Maine

English Language and Literature bachelors's programs at peer institutions in Maine (13 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Colby CollegeWaterville$66,600$36,624*—$26,000*—
Bowdoin CollegeBrunswick$64,910$49,421*——*—
Bates CollegeLewiston$63,478$40,233*$58,988—*—
University of Southern MainePortland$10,920$33,014*$41,643$25,000*0.76
University of MaineOrono$12,606$28,727*$43,716$23,250*0.81
National Median—$29,967*—$24,529*0.82
* Estimated from similar programs

Career Paths

Occupations commonly associated with english language and literature graduates

English Language and Literature Teachers, Postsecondary

Teach courses in English language and literature, including linguistics and comparative literature. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Secondary School Teachers, Except Special and Career/Technical Education

Teach one or more subjects to students at the secondary school level.

$64,580/yrJobs growth:Bachelor's degree

Proofreaders and Copy Markers

Read transcript or proof type setup to detect and mark for correction any grammatical, typographical, or compositional errors. Excludes workers whose primary duty is editing copy. Includes proofreaders of braille.

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 median of 4 similar programs in ME. Actual outcomes may vary.