Colby College vs. New York Institute of Technology

Colby College vs. New York Institute of Technology comparison

	Colby College	New York Institute of Technology	College 3	College 4
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Overview	Colby College	New York Institute of Technology
Location	Waterville, ME	Old Westbury, NY
Setting	Remote Town	Large Suburban
Enrollment	2,299	6,906
Type	Private 4 Year	Private 4 Year
National Ranking	#44	#233
Religious Affiliation	-	-	-	-
Status	Non-profit	Non-profit
Website	colby.edu	nyit.edu
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Comparable Facts

• New York Institute of Technology is larger than than Colby College based on total student enrollment (6,906 students vs. 2,299 students)

Colby College vs. New York Institute of Technology Cost Comparison

Which college is more expensive, Colby College or New York Institute of Technology?

• Colby College is 52.3% more expensive to attend than New York Institute of Technology for in-state tuition ($60,840.00 vs. $39,960.00)
• Out of state tuition is 52.3% higher at Colby College than New York Institute of Technology ($60,840.00 vs. $39,960.00)
• The typical actual cost that students pay to attend (average net price) is less at Colby College than New York Institute of Technology ($16,951 vs. $22,494)
• Living costs (room and board or off-campus housing budget) at Colby College are 1.7% lower than costs at New York Institute of Technology ($16,330 vs. $16,600)
• More students receive financial grant aid at New York Institute of Technology than Colby College (99% vs. 41%)
• The average total grant financial aid received by Colby College students is 103% larger than aid received New York Institute of Technology ($61,714 vs. $30,398)

Colby College vs. New York Institute of Technology Admissions Difficulty Comparison

Which college is harder to get into, Colby College or New York Institute of Technology? Average SAT and ACT scores plus acceptance rates offer good insight into the difficulty of admission between New York Institute of Technology or Colby College .

• The average SAT score at Colby College (1363) is 289 points higher than at New York Institute of Technology (1074)
• Incoming Colby College students have a 7 point higher average ACT score (31) than students at New York Institute of Technology (24)
• Accepted freshman Colby College students have a 0.36 point higher average high school GPA (3.86) than students at New York Institute of Technology (3.5)
• New York Institute of Technology has a higher acceptance rate (75.7%) than Colby College (7.6%)

Colby College vs. New York Institute of Technology Graduation Outcomes Comparison

Which is better, Colby College or New York Institute of Technology? 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 New York Institute of Technology and Colby College.

• The graduation rate at Colby College is higher than New York Institute of Technology (91% vs. 48%)
• Graduates from Colby College earn on average $8,500 more per year than New York Institute of Technology graduates after ten years. ($73,400 vs. $64,900)
• Colby College students graduate with a $4,155 lower median federal student loan debt than New York Institute of Technology graduates. ($19,345 vs. $23,500)
• Colby College graduates are paying $42 less per month on federal student loans than New York Institute of Technology graduates. ($200 vs. $242)
• More Colby College graduates are actively paying back their federal student loan debt than former New York Institute of Technology students, three years after graduation. (88% vs. 59%)

Sources: U.S. Department of Education https://nces.ed.gov IPEDS and College Scorecard https://collegescorecard.ed.gov/