History Degree from Colby College Return on Investment

See what the return on investment is for jobs that someone with a History degree from Colby College is likely to work in.

F D C B A
Approximate Total Payment $447,141
Approximate Total Interest $126,556
Monthly Payment $3105.15
Assumed Loan Type Direct Subsidized
Assumed Repayment Plan Standard Fixed
Assumed Payoff Years 12
Assumed Scholarship Amount $0
Assumed Down Payment $0

Top job projections for graduates in history from colby college

Historians

Projection Rating: F-

Median Annual Wage: $72,890

Percentage of Paycheck to Repay: 51.12%-38.04%

Employment Change: 0.2%

Entry-Level Education: Master's degree

Archivists

Projection Rating: F-

Median Annual Wage: $59,910

Percentage of Paycheck to Repay: 62.20%-46.28%

Employment Change: 0.7%

Entry-Level Education: Master's degree

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When considering a History Degree from Colby College, one of the most important factors to evaluate is the return on investment (ROI). Colby College, a distinguished liberal arts institution located in Waterville, Maine, offers a robust history program that not only equips students with critical thinking and analytical skills but also prepares them for a variety of career paths.

The ROI of a history degree from Colby College can be assessed through multiple dimensions, including career opportunities, earning potential, and personal growth. Graduates from Colby are highly sought after in fields such as education, government, law, and business, where the ability to analyze complex information and communicate effectively is paramount.

According to recent data, the average starting salary for Colby College graduates with a history degree is competitive within the liberal arts sector. Over time, this earning potential increases significantly as alumni advance in their careers. Additionally, the college's strong alumni network and career services provide valuable resources for job placement and internships, further enhancing the ROI.

Moreover, the benefits of obtaining a history degree extend beyond financial considerations. Students develop essential skills in research, writing, and critical analysis that are applicable in numerous professional contexts. These competencies not only prepare graduates for immediate employment but also lay a solid foundation for lifelong learning and adaptability in a rapidly changing job market.

In summary, pursuing a History Degree from Colby College offers a promising return on investment through enhanced career opportunities, competitive salaries, and the development of versatile skills. As students engage with historical narratives and methodologies, they prepare themselves for fulfilling careers while also enriching their personal and intellectual growth.

Disclaimer: The information provided is for general informational purposes only and should not be considered financial advice. Student loan situations can vary significantly based on individual circumstances, and decisions around deferment or forbearance can have lasting financial impacts. Before making any changes to your loan repayment plan, consult a qualified financial advisor or your loan servicer to understand the best options for your unique situation. This projection assumes you are taking out a Direct Subsidized loan (using the current federal interest rate) with a 12 year Standard Fixed repayment plan on the total yearly tuition (four years if Bachelor's degree, six for Master's degree and 12 for Doctorate) of your chosen institution. Our data is refreshed on a day to day basis and may not be accurate to real time. College numbers may not be 100% accurate and may not be the exact amount you will pay, it is advised that you consult a guidance counselor for that information. This software is not intended to replace a financial advisor.

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