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Colby College vs University of New England: which has better ROI?

Private nonprofit, Waterville ME · vs · Private nonprofit, Biddeford ME

The verdict

Colby College has the better ROI: it clears its 4-year net cost of $68,720 in 2.1 years versus 20.2 years at University of New England, on median earnings of $80,490 vs $55,921 ten years out. (Scorecard, 2026 · our math.)

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Head to head
MeasureColby CollegeUniversity of New England
Net price / yr$17,180$38,107
Total net cost$68,720$152,428
Median earnings, 10 yrs$80,490$55,921
Median debt$19,157$25,250
Payback2.1 yrs20.2 yrs
20-year net return$573,880-$1,208

College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.

Which is cheaper, Colby College or University of New England?

Colby College, at $17,180 a year after aid versus $38,107 — a gap of $20,927 a year, or $83,708 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Colby College or University of New England graduates earn more?

Colby College graduates report a median $80,490 ten years after entry, $24,569 more than the $55,921 at University of New England. Both are institution-wide medians from federal tax records, so a high-paying major at the lower school can beat the average at the higher one.

Which leaves students with less debt, Colby College or University of New England?

Colby College: its completers carry a median $19,157 in federal loans versus $25,250 at University of New England, a difference of $6,093. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

89% of students finish at Colby College, against 68% at University of New England. Completion matters to the ROI arithmetic because a degree that is never finished still carries its cost and its debt, but earns none of the graduate premium above the $48,360 high-school baseline.

Colby College vs University of New England: frequently asked questions

Is Colby College or University of New England a better value?
Colby College. It clears its $68,720 net cost in about 2.1 years versus 20.2 years at University of New England, on median earnings of $80,490 vs $55,921 ten years out.
Which is cheaper, Colby College or University of New England?
Colby College: $17,180/yr net price after aid versus $38,107/yr at University of New England — a difference of $20,927 a year, or about $83,708 over four years.
Do Colby College or University of New England graduates earn more?
Colby College graduates earn a median $80,490 ten years after entry, versus $55,921 at University of New England — a $24,569 gap. This blends every major, so a specific field can flip it.