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16.6%Acceptance
$65,457Tuition
2,019Students
91%Grad Rate (6-yr)
$75,525Earnings
#3 in MinnesotaPrivate nonprofit4-yearSAT/ACT Test OptionalLiberal ArtsNCAA Division IIIStudy AbroadData: 2023-24

Student Outcomes

Graduation Rate (4-year)
90.9%
Graduation Rate (6-year)
91.2%
Retention Rate
95.9%
Median Earnings (10 years after entry)
$75,525
Median Debt at Graduation
$16,750
Student-to-Faculty Ratio
8:1
Loan Repayment Rate
92.3%
Estimated Monthly Loan Payment
$178/mo

Earnings by Major

Top programs ranked by median earnings

Earnings and debt by program
Program Level Median Earnings Median Debt
Computer Science. Bachelor $76,460 $18,254
Physics. Bachelor $42,774
Mathematics. Bachelor $37,568 $11,500
Chemistry. Bachelor $36,141 $17,000
Political Science and Government. Bachelor $33,993 $18,700
Psychology, General. Bachelor $33,719
Social Sciences, Other. Bachelor $26,353
Biology, General. Bachelor $23,034 $17,929
English Language and Literature, General. Bachelor $22,329 $21,167
Film/Video and Photographic Arts. Bachelor $21,964
Fine and Studio Arts. Bachelor $21,964

Outcomes Overview

Carleton graduates earn a median of $75,525 ten years after graduation, creating a healthy debt-to-earnings ratio of just 22% with typical debt of $16,750. Monthly loan payments of $178 represent only 2.4% of median income, well below the recommended 10% threshold. The college's 91% six-year graduation rate and 94% employment rate reflect its strong career preparation. Liberal arts graduates often enter consulting, finance, education, and nonprofit work, with many pursuing graduate school. Notable alumni include economist Thorstein Veblen and Supreme Court Justice Pierce Butler. The 92% loan repayment rate demonstrates graduates' financial stability. Despite the high sticker price, Carleton delivers a strong return on investment.