Carleton College

Carleton College is a selective private nonprofit college in Northfield, Minnesota. It admits about 1 in 5 applicants, graduates 90% of its students within six years, and its former students earn a median $75,525 ten years after starting college, more than 95% of the Minnesota colleges we cover.

Show numbers for my family

Yearly household income. Saved on this device only. No account needed.

Acceptance rate
20%

More selective than 100% of Minnesota colleges we cover.

College Scorecard, Fall 2024 entering class

What your family pays
$25,407 /yr

Average after grants for all families receiving federal aid. Pick your income above.

Sticker price $84,893. College Scorecard.

Graduation rate
90%

Higher than 100% of Minnesota colleges we cover and 96% of colleges nationwide. U.S. median 54%.

Within 6 years · College Scorecard

Earnings after college
$75,525

Higher than 95% of Minnesota colleges we cover and 90% of colleges nationwide. U.S. median $53,263.

Median, 10 years after starting · College Scorecard

Carleton College acceptance rate & admissions

Of 6,464 applicants, Carleton College admitted 1,440 and 538 enrolled (IPEDS, Fall 2023 entering class). The middle half of enrolled first-year students scored 1450–1560 on the SAT or 32–34 on the ACT.

6,464
Applied
1,440
Admitted
538
Enrolled

IPEDS Admissions, Fall 2023 entering class

SAT total, middle 50% of first-years1450–1560
ACT composite, middle 50% of first-years32–34
First-years who sent SAT scores30%
First-year students who return96%
Pell Grant recipients17%
First-generation students16%
Women / men50% / 50%

Test scores: College Scorecard, Fall 2024. Other figures: College Scorecard; IPEDS

Carleton College tuition, cost & net price

What families actually pay per year, by income

Average net price after grants and scholarships for students who receive federal aid. Tap your income band.

College Scorecard, latest reported year (federal aid recipients)

Sticker price (before aid)

Tuition & fees$68,892
Housing & meals, on campus$16,710
Books & supplies$938
Total cost of attendance$84,893

IPEDS 2023-24 cost items; total from College Scorecard

Median debt at graduation$15,960
Loan default rate0.8%3-year rate, 2017 repayment cohort

College Scorecard; Urban Institute Education Data Portal

Full cost breakdown, in-state vs out-of-state →

What Carleton College costs to finish, and how fast it pays back

Graduates of Carleton College took 4.1 years on average to finish, so the yearly price adds up to the total below. Payback compares former students' earnings with what high school graduates earn in Minnesota. The figures follow your residency and income choices above.

Family incomeNet price / yrCost to finishYears to pay back
$0–30k$7,881$32,391under 1 year
$30–48k$8,203$33,714under 1 year
$48–75k$9,680$39,7851.1 years
$75–110k$18,485$75,9732.0 years
$110k+$44,082$181,1774.9 years

Cost to finish = yearly price × 4.1 years, the average time graduates took (83% finished in 4 years; students who entered fall 2017, IPEDS). Years to pay back = cost to finish ÷ the earnings gain: median earnings of former students 10 years after starting ($75,525) minus $38,184 for high school graduates ages 25-34 in MN (Census ACS 2020-2024), a gain of $37,341 a year. Before taxes, loan interest and earnings given up while in school. Method

College Scorecard (net price, earnings); IPEDS Graduation Rates (time to finish); U.S. Census Bureau ACS (high school earnings). Calculated by EducationGuide.

Best-value colleges in Minnesota for your income →

Carleton College majors, earnings & careers

Carleton College offers 35 bachelor's majors across 7 areas. Earnings below are for this school's graduates of each major, four years after finishing.

  • Humanities & Languages · 12
  • Science & Math · 8
  • Social Sciences & Public Service · 7
  • Arts & Design · 5
  • Business & Finance · 1
  • Technology & Computing · 1
  • Trades & Applied Technology · 1

Highest-earning majors at Carleton College

MajorEarnings, 4 yrsMedian debt
Economics$87,193$19,500
Political Science$53,975$19,000
Quick list of all 35 majors
  • Archeology—
  • Area Studies—
  • Biology—
  • Chemistry—
  • Classics—
  • Cognitive Science—
  • Computer Science—
  • Dance—
  • East Asian Languages (Chinese / Japanese / Korean)—
  • Economics$87,193
  • English—
  • Environmental Science / Conservation—
  • Ethnic / Gender Studies—
  • Film and Photography—
  • Geology / Earth Science—
  • German—
  • History—
  • International Relations—
  • Linguistics—
  • Mathematics—
  • Music—
  • Philosophy—
  • Physics—
  • Political Science$53,975
  • Psychology—
  • Psychology (Research)—
  • Religious Studies—
  • Slavic, Baltic and Albanian Languages, Literatures, and Linguistics—
  • Social Sciences, Other—
  • Sociology and Anthropology—
  • Spanish / French / Romance Languages—
  • Statistics—
  • Studio Art—
  • Theatre—
  • Transportation and Materials Moving, Other—

— means too few graduates to report earnings.

College Scorecard field of study, latest release

All majors by area with earnings 1 and 4 years out, and debt →

Environmental Science / Conservation → Environmental scientist

$88,000
Minnesota
$82,220
U.S.

Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to grow 6.1% from 2025 to 2035.

BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35

Computer Science → Software developer

$130,050
Minnesota
$135,980
U.S.

Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to grow 10.2% from 2025 to 2035.

BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35

Living in Northfield

Off-campus rent, 1 bedroom
$937/mo

2 bedrooms $1,226.

HUD Fair Market Rent, FY2027

Weather
23° / 82°

January and July average highs. 35 inches of rain a year, 43 inches of snow.

NOAA Climate Normals 1991-2020

Natural hazard risk
Relatively Low

No hazard rated high.

FEMA National Risk Index, Rice County

Campus & students

Total enrollment (incl. graduate)2,069
First-year students from Minnesota21%
Next most common home statesCalifornia, Illinois, Texas
AthleticsNCAA Division III with football · 10 sports
Undergraduate degrees awarded, 2023-24100% bachelor's
Campus typeHighly residential
Student bodyWhite 51% · Hispanic 10% · Asian 10% · Two or more 9%International 10%

IPEDS fall enrollment; Carnegie Classification; EADA via Urban Institute

Rice County at a glance

Population67,917
Median household income$83,181
Adults with a bachelor's degree30%
Median age37

U.S. Census Bureau, ACS 5-year 2024

Compare Carleton College with similar schools

Similar private colleges in Minnesota by selectivity, graduation rate and size. Tap “Why?” to see where the price difference comes from.

SchoolAcceptanceYou'd payGraduationEarnings, 10 yrsPrice gap
Carleton College20%$25,40790%$75,525This school
Macalester College29%$32,14987%$63,878
St Olaf College48%$23,87484%$65,543
Crown College23%$26,67245%$48,057
Gustavus Adolphus College61%$22,90077%$65,607

College Scorecard, latest reported year. “You'd pay” follows your residency and income choices above.

Why the price is different

Carleton College would cost you $6,742 less per year than Macalester College, on average.

  • Higher sticker price at Carleton College, mostly from higher housing & meal costs (+$1,233).
  • Carleton College gives aided families $8,644 more in grants, on average.
Per year, Minnesota residentCarleton CollegeMacalester CollegeDifference
Tuition & fees$68,892$68,104+$788
Books & supplies$938$926+$12
Housing & meals$16,710$15,477+$1,233
Personal & travel$1,788$1,680+$108
Living-at-home adjustment−$3,435−$3,196−$239
Sticker price$84,893$82,991+$1,902
Average grants−$59,486−$50,842−$8,644
You pay$25,407$32,149−$6,742

“+” means Carleton College costs more; “−” means it costs less. Grants are the sticker price minus the net price. Cost items: IPEDS, on-campus budget. Sticker and net price: College Scorecard, latest reported year; the adjustment reconciles the two. Net price is an average for first-time, full-time students receiving federal aid, not a quote.

Common questions about Carleton College

What is the Carleton College acceptance rate?

Carleton College accepts 20% of applicants (College Scorecard). In the latest IPEDS admissions year, 1,440 of 6,464 applicants were admitted. The middle half of enrolled first-year students scored 1450–1560 on the SAT or 32–34 on the ACT.

How much does Carleton College cost per year?

The sticker price (cost of attendance) is $84,893 a year. After grants and scholarships, students receiving federal aid pay $25,407 a year on average; families earning $0–30k pay $7,881 and families earning $110k+ pay $44,082.

How much do Carleton College graduates earn?

Former Carleton College students earn a median $75,525 ten years after starting college, compared with a U.S. median of $53,263 across the colleges we cover.

What is the Carleton College graduation rate?

90% of first-time, full-time students graduate within six years, and 96% return for their second year.

How long does a Carleton College degree take to pay off?

For a family earning $48–75k, finishing at Carleton College costs about $39,785 after grants ($9,680 a year for 4.1 years, the average time graduates took). Former students earn a median $75,525 ten years after starting, $37,341 more than high school graduates in Minnesota ($38,184), so the cost is repaid in 1.1 years of that gain, before taxes and interest (EducationGuide calculation).

Is Carleton College the right fit for your family?

Get a free report comparing Carleton College with up to 4 other schools on what you'd actually pay, what graduates in your major earn, and how each fits your priorities.

Build my free reportCheck my chances of getting in

We never share your contact information.

Sources on this page: U.S. Department of Education College Scorecard and IPEDS; U.S. Census Bureau (ACS); Bureau of Labor Statistics (OEWS, Employment Projections); Bureau of Economic Analysis; HUD; NOAA; FEMA; Urban Institute Education Data Portal (ODC-By); Wikidata. “Colleges we cover” means colleges awarding bachelor's degrees to at least 100 undergraduates. Averages are not quotes; confirm costs with the school. How we score
Data: download this school's data (JSON) · Markdown · all datasets
Cite this: “Carleton College: cost, admissions and outcomes,” EducationGuide.com, https://educationguide.com/colleges/carleton-college (College Scorecard and IPEDS data).