Colgate University
Colgate University — Earnings vs Cost (vs National Average)
Colgate University at a Glance
Colgate University is a private liberal arts college in Hamilton, New York, United States. It was founded in 1819 as the Baptist Education Society of the State of New York and operated under that name until 1823, when it was renamed Hamilton Theological and Literary Institution, often called Hamilton College (1823–1846), then Madison College (1846–1890), and its present name since 1890.
1819
207 years old
$1.3B
$1.345 billion (2025)
3,143
3,219 undergrad · 11 grad
355
253.4%
5,145 of 2,030 admitted
575 acres
Identity
How to Apply to Colgate University
Official admissions pageNovember 1
November 1 (Early Decision I)
$60
Fee waiver available
Testing policy
Interview
Fee waiver
Is Colgate University Worth It?
Colgate University delivers solid financial returns for its graduates. At $28,786/year, it's priced 41% above average, while graduates go on to earn $85,139 — 58% above the national average.
The investment pays for itself in just 1.4 years — among the fastest payback periods of any college we track.
With a 91% graduation rate, the vast majority of students finish their degree and reach these earning outcomes.
Admission is competitive with a 14% acceptance rate, so applicants should have strong academic credentials.
Median student debt of $15,000 is manageable at just 18% of first-year post-graduation earnings.
How Colgate University compares to peer private nonprofit colleges of similar tier in NY
Ranked #14 of 26 on value score. Peers are matched by size, median earnings, SAT, and admission rate — not just geography.
| Rank | College | Value | Net price / yr | Median earnings |
|---|---|---|---|---|
| #1 | Bowdoin College | 100 | $14,398 | $82,735 |
| #2 | Colby College | 100 | $17,180 | $80,490 |
| #3 | Williams College | 100 | $17,716 | $88,665 |
| #4 | Davidson College | 100 | $17,379 | $81,400 |
| #5 | Rice University | 100 | $13,370 | $89,718 |
| #6 | Pomona College | 94 | $19,285 | $77,779 |
| #14 | Colgate University | 67 | $28,786 | $85,139 |
Peer group: private nonprofit colleges within ±60% of Colgate University's student body size and within a similar academic tier (SAT ±80, admit rate ±10pp, median earnings ±25%). 4 in NY.
Best Programs at Colgate University
The highest-earning program at Colgate University is Economics at $66,400/year (4 years after graduation). The lowest is Neurobiology and Neurosciences at $31,600/year.
Your major matters more than the school name — a Economics graduate from Colgate University earns $66,400, while a Neurobiology and Neurosciences graduate earns $31,600. That's more than a 2× difference from the same institution. Choose your program carefully — it's the single biggest lever you control.
Debt also varies by program: Economics graduates carry $17,187 in median debt vs. $17,125 for Neurobiology and Neurosciences.
Return on Investment
Estimated 4-Year Cost
Based on $28,786/yr net price × 4 years
Earnings Premium
vs. national average of $53,787/yr
Payback Period
Time to recoup the total cost through higher earnings
10-Year Net Gain
Median earnings over 10 years minus total cost of attendance
Programs & Earnings by Major
Graduate earnings data by field of study (4 years after graduation):
| Major | Earnings (4yr) | Earnings (1yr) | Median Debt |
|---|---|---|---|
| Economics | $66,400 | $66,400 | $17,187 |
| Political Science and Government | $53,200 | $53,200 | $16,673 |
| International Relations and National Security Studies | $50,900 | $50,900 | $16,274 |
| Psychology, General | $43,100 | $43,100 | $16,125 |
| Natural Resources Conservation and Research | $38,400 | $38,400 | $17,000 |
| Romance Languages, Literatures, and Linguistics | $38,300 | $38,300 | N/A |
| English Language and Literature, General | $35,900 | $35,900 | $17,125 |
| History | $32,600 | $32,600 | $17,002 |
| Neurobiology and Neurosciences | $31,600 | $31,600 | $17,125 |
Similar Colleges in NY
Quick Facts
- Institution Type
- private
- Location
- Hamilton, NY
- Student Body
- 3,180 students
- Admission Rate
- 14%
- Graduation Rate
- 91%
- Net Price (Annual)
- $28,786
- Median Earnings (10yr)
- $85,139
- Median Student Debt
- $15,000