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Colby College Bachelor’s in Economics

69 Bachelor's Degrees Awarded
$59,688 Average Salary
$21,500 Average Student Debt

The main focus area for this major is Econometrics & Quantitative Economics. For more details on this concentration, visit its profile page.

Economics is a major offered under the social sciences program of study at Colby College. Here, you’ll find out more about the major bachelor’s degree program in economics, including such details as the number of graduates, diversity of students, and more.

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Rankings for the Colby Bachelor’s in Economics

#50 in the U.S
#3 in Maine

If you're having trouble deciding which school is best for you, you may want to check out our many college rankings. Colby is in the top 10% of the country for economics. More specifically it was ranked #50 out of 627 schools by College Factual. It is also ranked #3 in Maine.

Here are some of the other rankings for Colby.

Ranking Type Rank
Best Value Bachelor’s Degree Colleges for Economics (Income $75-$110k) 10
Best Value Colleges for Economics (Income $75-$110k) 10
Best Value Colleges for Economics (Income $48-$75k) 20
Best Value Bachelor’s Degree Colleges for Economics (Income $48-$75k) 20
Best Value Colleges for Economics (Income $30-$48k) 22
Best Value Bachelor’s Degree Colleges for Economics (Income $30-$48k) 22
Best Value Bachelor’s Degree Colleges for Economics (Income $0-$30k) 24
Best Value Colleges for Economics (Income $0-$30k) 24
Most Focused Bachelor’s Degree Colleges for Economics 31
Most Focused Colleges for Economics 33
Best Economics Schools 50
Best Economics Bachelor’s Degree Schools 50
Best Value Bachelor’s Degree Colleges for Economics (With Aid) 52
Best Value Colleges for Economics (With Aid) 55
Highest Paid Bachelor’s Degree Economics Graduates 75
Highest Paid Economics Graduates 82
Most Popular Bachelor’s Degree Colleges for Economics 149
Most Popular Colleges for Economics 167
Best Economics Bachelor’s Degree Colleges for Veterans 520
Best Economics Colleges for Veterans 530
Best Value Bachelor’s Degree Colleges for Economics (Income Over $110k) 551
Best Value Colleges for Economics (Income Over $110k) 566
Best Value Bachelor’s Degree Colleges for Economics 580
Best Value Colleges for Economics 608

How Much Does a Bachelor’s in Economics from Colby Cost?

$59,430 Average Tuition and Fees (In-State)
$21,500 Average Student Debt

Colby Undergraduate Tuition and Fees

The following table shows the average full-time tuition and fees for undergraduates.

In State Out of State
Tuition $56,930 $56,930
Fees $2,500 $2,500
Books and Supplies $850 $850
On Campus Room and Board $15,295 $15,295
On Campus Other Expenses $850 $850

Learn more about Colby tuition and fees.

Colby Economics Bachelor’s Student Debt

One factor in determining the overall cost in a degree is to consider how much in student loans you’ll have to take out. Economics students who received their bachelor’s degree at Colby took out an average of $21,500 in student loans. That is about the same as the national average of $21,243.

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How Much Can You Make With a Bachelor’s in Economics From Colby?

$59,688 Average Salary
High Earnings Boost

economics who receive their bachelor’s degree from Colby make an average of $59,688 a year during the early days of their career. That is 28% higher than the national average of $46,790.

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Does Colby Offer an Online Bachelor’s in Economics?

Colby does not offer an online option for its economics bachelor’s degree program at this time. To see if the school offers distance learning options in other areas, visit the Colby Online Learning page.

Colby Bachelor’s Student Diversity for Economics

69 Bachelor's Degrees Awarded
29.0% Women
14.5% Racial-Ethnic Minorities*
There were 69 bachelor’s degrees in economics awarded during the 2019-2020 academic year. Information about those students is shown below.

Male-to-Female Ratio

About 29.0% of the students who received their Bachelor’s in economics in 2019-2020 were women. This is less than the nationwide number of 33.7%.

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Racial-Ethnic Diversity

Around 14.5% of economics bachelor’s degree recipients at Colby in 2019-2020 were awarded to racial-ethnic minorities*. This is lower than the nationwide number of 30%.

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Race/Ethnicity Number of Students
Asian 3
Black or African American 1
Hispanic or Latino 3
Native American or Alaska Native 0
Native Hawaiian or Pacific Islander 0
White 44
International Students 14
Other Races/Ethnicities 4

Bachelor’s in Economics Focus Areas at Colby

Economics students may decide to major in one of the following focus areas.

Focus Area Annual Graduates
Econometrics & Quantitative Economics 69

You may also be interested in one of these majors related to economics.

Related Major Annual Graduates
Anthropology 11
Political Science & Government 52
Sociology 9

View All Economics Related Majors >

References

*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.

More about our data sources and methodologies.

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