Middlebury V Grinnell V Colby (Financial related)

So I’ve recently been admitted to Middlebury, Colby, and Grinnell and what was trying to decide between the 3 colleges.

I plan to major in either biochemistry or do the physics-engineering 3-2 programs and want to participate in research. All 3 schools gave me great financial aid but Middlebury clocks in at around $3,000 more than the other schools. So far I’ve visited Grinnell so far and am going to visit Midd and Colby in April. I was wondering if a Middlebury education or experience is really worth $3,000 more a year (plus book costs I guess). Price is a factor though honestly, I think I could manage to take $3,000 more in loans.
I know all 3 schools are amazing and honestly, I’m super grateful to get into any of them I just want to hear opinions on the matter.

Congratulations! These are great choices. You cannot go wrong. I’d recommend picking the one you are most drawn to after visiting. Don’t let $3,000/year stand in the way of the best fit, but if that much is a dealbreaker, think about travel costs too.

I’m very familiar with Grinnell and Middlebury and have visited Colby. I know the sciences are great at Grinnell and they are really emphasizing research opportunities. I’m sure you heard about their MAP program when you visited.

Middlebury and Colby seem similar to me. Beautiful locations. Outdoorsy.

My guess is that one will stand out to you after visiting as the better fit. Go with your gut instinct. Let us know which you selected.

I agree that you should pick the one that feels best. These schools are all in the same tier academically. If money is the driver, consider travel costs, additional fees (do you have to pay to do activities, are meals unlimited, does FA cover semesters abroad), etc. As said, you really can’t go wrong.

Thanks for the replies and yes I think that visiting will make it easier on me. Andrew, you said that you are familiar with midd and grinnell so I wanted to know how research differs at both schools.
At Grinnell the MAPS sounded great and from our first course (bio 151 I believe) you learn to read and write scholarly papers. Does midd have any courses such as this?
I guess my only reservations on grinnell are the location while both midd and Colby have been noted to have beautiful surrounding towns. Besides that I love the feeling I get from the Grinnell student body, bit quirky with lots of clubs and activities on campus. I just want to be able to leave campus and visit towns or enjoy the outdoor locale.

Another expense to take into consideration is mandatory health insurance. Will you be able to stay on your parents’ health insurance in the states of Vermont or Maine or Iowa? It could be another 2K added to the price if you have to buy student insurance. Does that equalize anything?

Also consider travel costs. Is one of them more expensive to fly into than another? You’ll do it at least twice a year–probably 4 times, so add up all travel expenses and see if that changes anything. Do any of the schools offer shuttles to the airport?

“I just want to be able to leave campus and visit towns or enjoy the outdoor locale.”

Middlebury and Colby have many more opportunities for outdoor recreation than Grinnell - downhill skiing, camping, hking, trail running, fly fishing, sailing and more. Middlebury is a quintessential small Vermont town with the usual amenities and considerably more appeal IMO than Grinnell, Iowa; and less than an hour from Burlington, a bigger college town. Grinnell is a very quiet small town, but Iowa City is a great college town and close enough to visit regularly. Des Moines, in the other direction from Iowa City, is… a Midwestern city. Don’t know much about Waterville, ME so I’ll let someone else weigh in there.

Not gonna lie, Waterville ME is a little bit dumpy and dull. But it isn’t a bad town. Middlebury wins between those two for cute surrounding town. And Burlington is the best–awesome place with lots to do.

But the Colby campus is stunning. You really feel like you can breathe up there and the views are amazing. It just feels healthy.

If you have a car none of this will matter because you can drive an hour to someplace different from any of them.

Have you visited Middlebury? Million dollar views out every window and real mountain air. I agree that Colby is a pretty campus as well.

http://gotravelaz.com/wp-content/uploads/images/Middlebury_19187.jpg

http://sites.middlebury.edu/observatory/files/2016/01/header.png

@Prospective2021 Have you told Middlebury about your packages from Grinnell and Colby? They might come up $3,000 if they know they will lose for that amount. Over 4 years, an additional $3,000 in loans is $12,000. If those are the only loans you are taking out, then the difference does not seem great, but if that amount is on top of other loans, you should think twice. All of those schools are excellent. You would receive an excellent education at any of them. I believe Grinnell has the best community. Middlebury’s campus is beautiful.

Also, you should tell Grinnell and Colby about each other and about your Middlebury acceptance. They might come up even more, which might increase the difference between the schools.

I may be biased, but I would pick Middlebury. I was admitted to Midd and Colby and intend to pick Middlebury (but price isn’t a factor for me). I liked Middlebury a lot better than Colby, and I think it ranks marginally higher and has a slightly better reputation than Colby academically. I didn’t visit/apply to Grinnel so can’t help you there though, but I wouldn’t let 3,000$ stand between you and your dream school.

Wow thanks for the amazing feedback, really. I can’t say for sure but I do think that my insurance plan (Blue Cross Blue Shield) will transfer over but that’s something I’ll have to check in with them.
I have heard that Middlebury has amazing surrounding towns and that’s awesome and the pictures I’ve seen of both schools is honestly breathtaking so I’ll have to visit. While visiting Grinnell the campus was nice and Des Moises seemed interesting but the real plus was indeed the community. My hosts were great and we had an amazing non-scripted 2 days together. Even met probably the only other guy from my state there (DE rep!)
The total cost for each school is $7,000 for Grinnell and Colby and $10,000 for Midd. This includes taking out the $5,500 for the Stafford loan. My family makes around $85,000 but when I asked my dad about paying the rest of the money ($7,000 or $10,000) he said he might have to get a loan himself (Parent Plus or a direct one from Colby if I went there). I’m not sure where exactly our expenses go as our mortgage is the only real steep expense. I love Middlebury and have heard wonders of it but making my parents take out loans at their age (Mid 60’s) just weighs on me.
For leveraging with schools I was admitted Early to Grinnell (Likely Letter-ish?) but they have stated that they will not match financial aid from other schools. Honestly, I might still try to pressure them. With my Stafford loans, I’ll leave with $22,000 minimum (5,500 each year) in debt and adding $40,000 to the equation might crush me as I want to do grad work. I’ll have to work with my parents to see if we can really budget what our expenses truly are. I am waiting on Williams and Amherst so I’ll see how things turn out. Again, you people are amazing. I’ll see what can be done. Congratulations to admits and I’ll hope to see you at the admitted student days.

Sounds like everything is working out for you. Congrats.

Thank you. hopefully I don’t sound like I’m bragging and I’m sorry if it came off that way. Besides the expenses and debt to my parents, I truly feel like I’m fortunate beyond belief and am grateful for these schools giving me such amazing opportunities.

@Prospective2021 You do not sound like you are bragging at all. Now that I know how much you would be taking out in loans with each school, I say, “Go with your gut.” You should go to the place you like best. The difference in debt is meaningful, but it is not so much that you should feel discouraged from picking the school of your choice. Your monthly payments will not be outrageous. at $34,000, you will still be below the average student loan debt for college graduates, which is about $38,000 right now.

Of course, now that I write that sentence, I think you should speak to students who receive financial aid at Colby, Grinnell, and Middlebury. Ask them if they have received a similar financial aid package each year. That’s the information you really want to know. I have heard that some schools do a bait-and-switch with financial aid. I doubt these three schools are bait-and-switch schools, but you should ask current students about their packages over 4 years.

Good luck, and congratulations!

@Prospective2021 You asked me to elaborate a bit. Unfortunately, I can’t answer the research question about Middlebury. My familiarity with Midd is more with the campus, town and vibe, having spent two summers at Middlebury’s German School and getting to know many full time Middlebury students while there. I attended Grinnell and have recently come up to speed on changes there through multiple visits with my son, who applied there EDI and will start in August. We visited Colby in October but we didn’t make it to Middlebury (too many schools and too little time).

For my tastes, both Middlebury and Colby have picture perfect campuses. The town of Middlebury is nicer than the town of Waterville or Grinnell, but they both have their charms as well. If skiing is important in your life, it’s hard to beat Middlebury’s facilities. Colby’s art museum was great and their campus is very new by LAC standards, but feels comfortably old.

For being outdoorsy and having nearby recreational opportunities, both Middlebury and Colby are on top of the LAC pile. Colby’s COOT orientation program sounds like the ideal way to begin college, and students there all spoke glowingly of their COOT experiences. Bates had something similar so maybe Midd does too. Grinnell is a bit more location challenged, but the rolling hills and cornfields surrounding town are pretty and work well for biking and running. Grinnell also has the GORP program which provides great outdoor opportunities and an easy way to bond with other students who love outdoor activities.

One differentiation is likely the student vibe. All three have very bright, happy students. Colby and Middlebury students strike me as generally more image conscious, more preppy. Feeling instantly at home with the other students was the biggest factor that drew my son to Grinnell. Grinnell students generally seem extremely unpretentious, friendly and down to earth. Often quirky too. Any form of elitism is taboo. Even the sports teams have no cut policies. I am amazed how the student vibe has not changed in 25 years. I think I went four years at Grinnell without seeing anyone wear make up (except a couple people at Waltz). One observation we had at Colby was that the tables in the main dining hall were all self-divided by gender except for a few two-person tables with what appeared to be couples. It struck us that the opposite was true at Grinnell. Just about every table with groups was mixed gender. Not sure what that means, but it was something that stood out to us. See if you notice that.

One other differentiation may be resources. On a per student basis, I think Grinnell’s endowment is around twice that of Colby or Midd, which themselves both have very strong endowments. What the endowment translates into is 1) a high level of financial aid security (although market downturns present a risk anywhere), 2) great new buildings and more on the way and 3) excellent opportunities. I’m sure you heard the stories at Grinnell of some freshman tutorials travelling internationally and of MAP students travelling to conferences to present their papers. My personal experience at Grinnell was consistent financial aid from year to year (despite a large market downturn) plus a surprise bonus my senior year to keep total loan amounts down.

Definitely check out the academics in your areas of interest and research opportunities, but you can’t miss at these three schools (or Amherst or Williams if they come into play). After visiting, one will call to you a bit stronger than the others and that’s where you should go.

Three good,schools! It’s good to have tough choices! My daughter got into Carleton, Wellesley, and Middlebury and Middlebury’s financial aid was the smallest. $12,000 is a lot of money and if you are happy at Grinnell and Colby then think about what you can do with $12,000. She is at Wellesley and will graduate with no debt. Best of luck!

Most people have no idea how seriously wealthy Grinnell is.

Endowment per student:
Grinnell: $1.65 billion endowment / 1655 enrollment, $1 million per student
Midd: $1 billion / 2500, $ 400,000 per student
Colby: $ 0.71 billion / 1800, $ 400,000 per student

There are only about 10 schools in the US with endowments at or above the $1,000,000+ per student level. Grinnell is one of them. The others include Harvard, Yale, Princeton, Stanford, MIT, Amherst, Williams, Swarthmore, and Pomona. Look it up. 2016 endowments are listed by NACUBO:
http://www.nacubo.org/Documents/EndowmentFiles/2016-Endowment-Market-Values.pdf

Soka probably belongs in this group too, although they are not included in the NACUBO list, so not sure of their current endowment

There isn’t that big a difference between how much Grinnell and Middlebury spend on educational resources, though. Doesn’t make a difference if the school isn’t putting that endowment in use, or if a school is more efficient with spending:

http://collegecompletion.chronicle.com/
Grinnell Educational Spending per Degree: $265,192
Middlebury Educational Spending per Degree: $220,563

Middlebury is rated A- on dorms and campus, and A+ on food, according to Niche reviews.
Grinnell is rated B+ on campus and food, and A- on dorms.
So all in all, Middlebury’s amenities are described as slightly better as Grinnell.

On RateMyProfessors, students can also rate their school on a variety of factors-
Middlebury: Facilities 4.5/5, Food 4.4/5, Opportunities 4.4/5
Grinnell: Facilities 4.5/5, Food 3.7/5, Opportunities 4.2/5

The experiences seem comparable in terms of resources used. Actually, students seem to be more satisfied with their experience at Middlebury than Grinnell (overall rating Middlebury 4.4/5, happiness 4.9/5; Grinnell overall 4.1/5, happiness 4.7/5)

Or if a school compensates for a lower endowment by borrowing aggressively and taking on a lot of debt. However, this may be a riskier strategy in the long term.