Carleton College — acceptance rate 22%, tuition $65,043Carleton 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.
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
Programs & Career Paths
Top Degree Programs
Programs ranked by number of degrees awarded annually.
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 →
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