B+
Very Good
Score: 73/100
Overall (traditional)
A
Outcome Rating
89/100 · earnings-weighted

Carleton College

4-Year Private Non-Profit
📍 Northfield, Minnesota 55057
Carleton College campus, Northfield, MN
Carleton College campus, Northfield, MN. Photo: Dogs1337, CC0 via Wikimedia Commons.
Outcomes
A+
94/100
Affordability
F
20/100
Resources
A
83/100
Experience
A+
94/100
Prestige
B+
75/100

Two ratings: the overall grade compares colleges the conventional way (outcomes, cost, resources, experience, reputation). The Outcome Rating asks what students earn: 60% wage-adjusted earnings 10 years after enrolling, 25% graduation, 15% retention. Methodology

Quick Stats

2,069
Total Enrollment
91%
Graduation Rate
96%
Retention Rate
8.0:1
Student-Faculty Ratio
22%
Acceptance Rate
N/A
Avg Net Price

Earnings, Debt & Completion

What happens to students who enroll at Carleton College, from the U.S. Department of Education’s College Scorecard.

$75,525
Median earnings 10 yrs after entry
$53,989
Median earnings 6 yrs after entry
$16,750
Median debt at graduation
89.6%
Completion rate (within 150% of normal time)
1,517
Average SAT
33
Median ACT
16.5%
Students receiving Pell grants

Typical debt at graduation equals about 22% of one year’s median earnings ten years after entry.

Earnings rank: 87th percentile among bachelor’s-degree-focused colleges after a partial adjustment for local wage levels (MN wage index 1.10). This drives the Outcome Rating.

Source: U.S. Department of Education College Scorecard, retrieved Oct 2026. Earnings are for federally aided students who enrolled, whether or not they graduated.

Earnings by Major at Carleton College

Median pay of bachelor's degree graduates by field of study, and how each program ranks against every college reporting that major — by raw pay and adjusted for state wage levels. Same school, very different paychecks.

Major1 yr after4 yrs aftervs. nationalRank (pay)Rank (wage-adj.)Median debt
Computer Science$88,132————$18,254
Economics$66,567$87,193+5%#125 of 368#132$19,500
Political Science and Government$29,858$53,975-15%#456 of 565#498$18,700
Geological and Earth Sciences/Geosciences$40,371—————
Research and Experimental Psychology$39,238————$16,700
Biology$30,726————$17,929
English Language and Literature$20,780————$21,167

Source: U.S. Department of Education College Scorecard, field-of-study data. Earnings are for graduates who received federal aid and were working; small programs are not reported.

For parents & investors

The Carleton College Town Property Report

  • Avg home value near campus: $396,926
  • Avg rent near campus: $1,745/mo — vs ~$980/mo campus room rate
  • Top nearby ZIP by cap rate: 55054 (4.0% cap, Elko New Market)

Get the free 1-page report: rent-vs-dorm math, the 3 best nearby ZIPs by yield, and the “kiddie condo” strategy parents use.

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Costs & Financial Aid

Tuition & Fees

Category In-State Out-of-State
Tuition $65,043 $65,043
Room $8,820
Board $7,890
Total Cost (On-Campus) $84,893 $84,893

Financial Aid

79%
Receive Any Aid
16%
Receive Pell Grants
38%
Take Out Loans
N/A
Avg Net Price

Student Demographics

2,069
Total Students
51%
Women
98%
Traditional Age (18-24)

👥 Race & Ethnicity

White 52%
Hispanic 10%
Black 7%
Asian 10%
Two or More 9%
Non-Resident 10%

🏠 Living Arrangements

💻 Learning Mode

In-Person 100%

📊 Age Distribution

18-24 (Traditional) 98%

Frequently Asked Questions

What is the acceptance rate at Carleton College?
Carleton College has an acceptance rate of 22%. This makes it a moderately selective institution with competitive admission standards.
How much does it cost to attend Carleton College?
Tuition at Carleton College is $65,043 for in-state students and $65,043 for out-of-state students .
What is the graduation rate at Carleton College?
The graduation rate at Carleton College is 91%. This is considered an excellent graduation rate, indicating strong student success and support systems.
Is Carleton College a good school?
Carleton College has a Repit College Score of 73/100 (Grade: B+). Our rating evaluates five key factors:
  • Outcomes (A+): Graduation and retention rates
  • Affordability (F): Net cost and financial aid access
  • Resources (A): Class sizes and selectivity
  • Experience (A+): Campus life and learning format
  • Prestige (B+): Reputation and recognition
How many students attend Carleton College?
Carleton College has a total enrollment of 2,069 students. Most students (98%) are traditional college-age (18-24).

Deciding between a dorm and buying near campus? Run the numbers for Carleton College — four years of dorm costs vs. owning, including what you’d recover at resale. Buy vs Dorm calculator →

🎓 Similar Colleges to Carleton College

Compare with other 4-Year private non-profit institutions of similar size.

B+
Macalester College
Saint Paul, MN · 2,142 students
B
St Olaf College
Northfield, MN · 3,074 students
C+
Mayo Clinic College of Medicine and Science
Rochester, MN · 1,480 students
C+
Gustavus Adolphus College
Saint Peter, MN · 1,952 students
C+
Northwestern Health Sciences University
Bloomington, MN · 1,032 students
C+
Concordia College at Moorhead
Moorhead, MN · 1,868 students

Data source: IPEDS 2023-24 | Last updated: October 2026 | Methodology