Economics Degree from Colby College Return on Investment

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

F D C B A
Approximate Total Payment $298,094
Approximate Total Interest $84,371
Monthly Payment $2070.10
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 economics from colby college

Economists

Projection Rating: D

Median Annual Wage: $115,730

Percentage of Paycheck to Repay: 32.20%-23.96%

Employment Change: 0.9%

Entry-Level Education: Master's degree

Market research analysts and marketing specialists

Projection Rating: D

Median Annual Wage: $74,680

Percentage of Paycheck to Repay: 33.26%-24.75%

Employment Change: 74.9%

Entry-Level Education: Bachelor's degree

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Investing in your education is a significant decision, and understanding the return on investment (ROI) of an Economics degree from Colby College can help you make an informed choice. Colby College, renowned for its rigorous academic programs and commitment to student success, offers a comprehensive Economics curriculum that equips graduates with essential skills for the modern job market.

The ROI of an Economics degree from Colby College is bolstered by several key factors:

  • High Employment Rates: Graduates from Colby College's Economics program enjoy impressive employment rates, with many securing positions in top companies, financial institutions, and government agencies shortly after graduation.
  • Strong Alumni Network: Colby College boasts a robust alumni network that actively supports recent graduates. This network can open doors to internships, job opportunities, and valuable mentorship.
  • Competitive Salaries: Economics graduates from Colby often command competitive starting salaries, with many entering fields such as finance, consulting, and public policy, which are known for their lucrative compensation packages.
  • Critical Thinking and Analytical Skills: The curriculum emphasizes critical thinking and analytical skills, preparing students to tackle complex economic issues and analyze data effectively—abilities that are highly sought after in today's job market.
  • Internship Opportunities: Colby College provides numerous internship opportunities that allow students to gain practical experience and enhance their resumes, further increasing their employability post-graduation.

Additionally, the intimate learning environment at Colby fosters close relationships with faculty, enabling personalized guidance and support that can significantly enhance the learning experience. The combination of a prestigious degree, practical experience, and a supportive community contributes to a strong ROI for graduates.

In conclusion, pursuing an Economics degree from Colby College not only offers a solid educational foundation but also represents a wise investment in your future. With high employment rates, competitive salaries, and a supportive network, graduates can expect a favorable return on their educational investment, making Colby College an excellent choice for aspiring economists.

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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