Cost Details
- In-State Tuition
- $36,500
- Out-of-State Tuition
- $36,500
- Average Net Price
- $24,813
- Students Receiving Financial Aid
- 25.8%
- Room & Board (On Campus)
- $12,950
- Room & Board (Off Campus)
- $12,950
- Books & Supplies
- $1,200
- Total Cost of Attendance
- $50,650
- Median Debt at Graduation
- $26,000
- Estimated Monthly Loan Payment
- $276/mo
- Loan Repayment Rate
- 67.9%
- Students Taking Federal Loans
- 83.3%
- Pell Grant Recipients
- 25.8%
Net Price by Family Income
Average annual net price after grants and scholarships. Source: U.S. Department of Education
| Family Income | Average Net Price |
|---|---|
| $0 – $30,000 | $18,307 |
| $30,001 – $48,000 | $20,228 |
| $48,001 – $75,000 | $22,692 |
| $75,001 – $110,000 | $25,465 |
| $110,001+ | $27,527 |
Cost Estimator
Cost Overview
Families actually pay $24,813 per year on average at Carthage, despite the $50,650 sticker price. Low-income students ($0-30K) pay just $18,307 annually, while wealthy families ($110K+) still get aid and pay $27,527. Over four years, costs range from $73,228 to $110,108 depending on family income.
Most students borrow money here. Federal loans affect 83% of students, creating typical debt of $26,000. Monthly payments average $276 after graduation. New graduates earn $42,860 their first year, so loan payments consume about 7.7% of gross income. This debt burden sits below the national average for private colleges. Lutheran students and Wisconsin residents get the strongest financial advantage, with 29% receiving institutional grants averaging $20,535. The college's generous aid helps explain why 97% of graduates find employment despite the modest name recognition.
Most students borrow money here. Federal loans affect 83% of students, creating typical debt of $26,000. Monthly payments average $276 after graduation. New graduates earn $42,860 their first year, so loan payments consume about 7.7% of gross income. This debt burden sits below the national average for private colleges. Lutheran students and Wisconsin residents get the strongest financial advantage, with 29% receiving institutional grants averaging $20,535. The college's generous aid helps explain why 97% of graduates find employment despite the modest name recognition.
Official Net Price Calculator
Get a personalized cost estimate from Carthage College:
Visit Official Net Price CalculatorThis links to the school's federally-required net price calculator for a personalized estimate.