Colby College is a small private liberal arts college located in Waterville, ME ranked 32nd in the United States. It has a total of 2,150 full-time undergraduate students and is highly competitive, with a 9.67% acceptance rate. Colby College offers 45 different majors and is best known for its Latin American Studies, Global Studies, and Physiological Psychology programs (nationally ranked 4th, 5th, and 5th respectively). With an annual tuition of $54,870 per year, Colby College is exceptionally expensive. 89.63% of students graduate moving on to the next chapter of their lives, joining the labor market. Open graduating, alumni go on to bring home about $58,100 per year, which is 40% above the national median.