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Harvard Stanford Hamilton College Colgate Middlebury Princeton Tufts Vassar Caltech Yale RPI BC| Colby College | Massachusetts Institute of Technology | College 3 | College 4 | |
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| Remove | Remove | +Add | +Add | |
Overview |
Colby College | MIT | ||
| Location | Waterville, ME | Cambridge, MA | ||
| Setting | Remote Town | Midsize City | ||
| Enrollment | 2,299 | 11,858 | ||
| Type | Private 4 Year | Private 4 Year | ||
| National Ranking | #44 | #8 | ||
| Religious Affiliation | - | - | - | - |
| Status | Non-profit | Non-profit | ||
| Website | colby.edu | mit.edu | ||
| Team Colors |
Costs |
Colby College | MIT | ||
| Tuition (In State) | $60,840 | $57,590 | ||
|---|---|---|---|---|
| Tuition (Out of State) | $60,840 | $57,590 | ||
| Room & Board | $16,330 | $18,790 | ||
| Avg Net Price | $16,951 | $20,232 | ||
| Avg Grant Aid | $61,714 | $45,591 | ||
| % Receiving Grant Aid | 41% | 71% |
Admission |
Colby College | MIT | ||
|---|---|---|---|---|
| Admission Chances | Calculate | Calculate | ||
| Applied | 16,890 | 33,767 | ||
| Admitted | 1,286 | 1,337 | ||
| Acceptance Rate | 7.6% | 4% | ||
| Enrolled % | 52.3% | 85% | ||
| Avg High School GPA | 3.86 | 3.96 | ||
| Typical High School Grades | A- | A- | ||
| Admissions Standards | Elite | Elite | ||
| Applicant Competition | Extreme | Extreme | ||
| ACT Range | 32/34 | 35/36 | ||
| SAT Range | 1430/1540 | 1530/1580 | ||
| Submit Test Scores | Not required for admission, but considered if submitted (Test Optional) | Required to be considered for admission | ||
| Application Deadline | Jan 1, 2024 | Jan 1, 2024 |
Academics |
Colby College | MIT | ||
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| Student to Faculty Ratio | 10:1 | 3:1 | ||
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Outcomes |
Colby College | MIT | ||
| Graduation Rate | 91% | 93% | ||
| Median Earnings (After 10 years) | $73,400 | $142,100 | ||
| Making Student Loan Payments | 88% | 92% | ||
| Median Student Loan Debt | $19,345 | $17,316 | ||
| Median Loan Payment | $200 | $179 |
Diversity |
Colby College | MIT | ||
|---|---|---|---|---|
| % Men | 48% | 57% | ||
| % Women | 52% | 43% | ||
| Racial Diversity | Medium | Very High | ||
| HBCU | No | No | ||
| % White | 62% | 37% | ||
| % Black | 3% | 6% | ||
| % Hispanic | 6% | 15% | ||
| % Native American | 0% | 0% | ||
| % Pacific Islander | 0% | 0% | ||
| % Two or More Races | 5% | 6% | ||
| % International | 11% | 10% | ||
| % Unknown Race | 7% | 2% |
Students |
Colby College | MIT | ||
|---|---|---|---|---|
| % In-State | 7% | 7% | ||
| % Out-of-State | 79% | 81% | ||
Campus |
Colby College | MIT | ||
| Campus Housing | Yes | Yes | ||
| Freshman Dorm Required | No | No | ||
| Meal Plan | Yes | Yes | ||
| Weekend/Evening Classes | No | No | ||
| Daycare Facility | No | Yes | ||
| Learn More | Details | Details |
Comparable Facts
- Massachusetts Institute of Technology is larger than than Colby College based on total student enrollment (11,858 students vs. 2,299 students)
Colby College vs. MIT Cost Comparison
Which college is more expensive, Colby College or MIT?
- Colby College is 5.6% more expensive to attend than MIT for in-state tuition ($60,840.00 vs. $57,590.00)
- Out of state tuition is 5.6% higher at Colby College than Massachusetts Institute of Technology ($60,840.00 vs. $57,590.00)
- The typical actual cost that students pay to attend (average net price) is less at Colby College than MIT ($16,951 vs. $20,232)
- Living costs (room and board or off-campus housing budget) at Colby College are 15.1% lower than costs at Massachusetts Institute of Technology ($16,330 vs. $18,790)
- More students receive financial grant aid at Massachusetts Institute of Technology than Colby College (71% vs. 41%)
- The average total grant financial aid received by Colby College students is 35.4% larger than aid received Massachusetts Institute of Technology ($61,714 vs. $45,591)
Colby College vs. MIT Admissions Difficulty Comparison
Which college is harder to get into, Colby College or MIT? Average SAT and ACT scores plus acceptance rates offer good insight into the difficulty of admission between MIT or Colby College .
- The average SAT score at Massachusetts Institute of Technology (1507) is 144 points higher than at Colby College (1363)
- Incoming MIT students have a 3 point higher average ACT score (34) than students at Colby College (31)
- Accepted freshman MIT students have a 0.1 point higher average high school GPA (3.96) than students at Colby College (3.86)
- Colby College has a higher acceptance rate (7.6%) than MIT (4%)
Colby College vs. MIT Graduation Outcomes Comparison
Which is better, Colby College or MIT? Graduation rate, salary and amount of student loan debt are indicators of a college which offers better outcomes for its graduates. Compare the following outcomes facts between MIT and Colby College.
- The graduation rate at MIT is higher than Colby College (93% vs. 91%)
- Graduates from Massachusetts Institute of Technology earn on average $68,700 more per year than Colby College graduates after ten years. ($142,100 vs. $73,400)
- Massachusetts Institute of Technology students graduate with a $2,029 lower median federal student loan debt than Colby College graduates. ($17,316 vs. $19,345)
- MIT graduates are paying $21 less per month on federal student loans than Colby College graduates. ($179 vs. $200)
- More MIT graduates are actively paying back their federal student loan debt than former Colby College students, three years after graduation. (92% vs. 88%)
Sources: U.S. Department of Education https://nces.ed.gov IPEDS and College Scorecard https://collegescorecard.ed.gov/