Statistics at Colby College

Colby's highly selective admissions (7% acceptance rate, 1500 SAT average) suggest strong graduate outcomes, though actual earnings data for this specific program remains unavailable due to small cohort sizes. Based on the national median for statistics bachelor's programs, first-year earnings around $60,000 paired with estimated debt under $17,000 produces a debt-to-earnings ratio of 0.28—comfortably below the typical threshold of concern. That said, the national 75th percentile of nearly $70,000 indicates meaningful variation in outcomes across programs, and Colby's limited Pell enrollment (13%) hints that family resources may supplement early career transitions for many graduates.

Statistics majors generally enter a strong job market, with data science and analytics roles commanding solid compensation even at entry level. The estimated debt burden here is modest, particularly for a private liberal arts college, though it's worth noting this figure represents Colby's institutional median across programs rather than statistics graduates specifically. The real question is whether Colby's small-college environment and broader curriculum justify its total cost of attendance compared to larger universities with more established analytics programs and deeper employer pipelines.

Without program-specific outcomes, families are essentially betting on Colby's overall institutional reputation and the strength of statistics as a field nationally. That's not necessarily a bad bet given the school's selectivity and the major's versatility, but you're making decisions with less concrete information than ideal.