Prepare pasta according to package directions just to al dente. Do not overcook. Drain. Set aside.
Place a sauce pan over medium heat.
Add butter to the pan. Cook until melted and hot, but not browned.
Add flour. Whisk to make a roux. Whisk until the butter mixture starts to boil and bubble. Cook for another minute until it starts to lightly brown.
Slowly whisk in cream. Continue to whisk and cook until sauce starts to thicken up.
Add salt, pepper and paprika. Stir.
Add Monterey Jack cheese. Whisk until the cheese is melted. The sauce will still be a little runny.
Pour about 1/2 cup of the cheese sauce into the bottom of a bowl.
Add about 1 cup cooked noodles over the sauce.
Top this with about 1/2 cup of the shredded Colby Jack cheese.
Sprinkle with fresh parsley for color.
Serve hot and mix before eating.