Carleton College

Northfield, Minnesota

Private Nonprofit Town: Distant

Carleton College is a private nonprofit institution in Northfield, Minnesota enrolling 2,086 students, according to the U.S. Department of Education College Scorecard. The acceptance rate is 20.4% with an average SAT of 1,517. Graduates earn a median of $75,525 ten years after enrollment, based on U.S. Treasury tax records linked to federal financial aid data. The average net price after financial aid is $25,407. This profile includes admissions data, graduation rates, program-level earnings, and cost breakdowns to help students compare colleges using official federal data.

What the IPEDS & College Scorecard Data Shows for Carleton College

Carleton College operates as a private nonprofit institution located in Northfield, Minnesota (town: distant), with a total reported enrollment of 2,086 students of which 2,106 are undergraduates. Institution-level records in the Integrated Postsecondary Education Data System (IPEDS) classify each school by Carnegie category, ownership sector, and urban/rural locale, which is how this profile’s peer group and cost cohort are determined. Carleton College is categorized as “21” under the Carnegie classification system, a meaningful signal when comparing like-to-like institutions.

Selectivity and financial signals give context to what applicants can expect. The reported admission rate is 20.4%, drawn from the most recent IPEDS Fall enrollment survey, with an average SAT of 1,517 and an ACT midpoint of 33. The average net price after grants and scholarships is $25,407, with published in-state tuition of $68,892 and a Pell grant recipient share of 16.5%. Median federal student debt at graduation is $16,750, drawn from the U.S. Treasury-matched College Scorecard file.

Outcomes reveal whether the investment pays back. The 4-year completion rate is 90.4%, and the first-year retention rate is 96.5%. Graduates earn a median of $75,525 ten years after enrolling, compared with $53,989 six years post-enrollment. Within three years of entering repayment, 27400.0% of borrowers are making progress on their federal loans, and 69.2% of graduates earn above the high-school threshold. Treating these numbers as a single snapshot alongside the cost cohort is the standard approach for evaluating ROI under the College Scorecard methodology.

Quick Facts

2,086
Total enrollment
20.4%
Acceptance rate
1,517
SAT average
90.4%
4-yr graduation rate
$75,525
10-yr median earnings
96.5%
First-year retention

Admissions

Admission Rate 20.4%
SAT Average 1,517
SAT Math (25th-75th) 730 – 790
SAT Reading (25th-75th) 720 – 770
ACT Average 33
ACT (25th-75th) 32 – 34

Costs & Financial Aid

Tuition & Net Price

In-State Tuition $68,892
Out-of-State Tuition $68,892
Average Net Price $25,407

Net Price by Family Income

$0 – $30,000 $7,881
$30,001 – $48,000 $8,203
$48,001 – $75,000 $9,680
Over $110,000 $44,082
16.5%
Pell Grant Rate
43.4%
Federal Loan Rate
$16,750
Median Debt
$178/mo
Monthly Payment

Student Demographics

White 51.0%
African American 5.9%
Hispanic or Latino 10.1%
Asian 10.3%
American Indian or Alaska Native 0.1%
Pacific Islander 0.1%
Two or More Ethnicities 8.8%
International 10.4%
45.9%
Female
15.7%
First Generation

Outcomes

90.4%
4-Year Completion Rate
96.5%
Retention Rate
$53,989
Median Earnings (6yr)
$75,525
Median Earnings (10yr)
69.2%
Earning Over $25K
27400.0%
Loan Repayment (3yr)

Programs & Earnings

Program Credential Completers Median Earnings Median Debt
Economics Bachelor's 34 $87,193 $19,500
Computer Science Bachelor's 59 $76,460 $18,254
Political Science and Government Bachelor's $53,975 $18,700
Physics Bachelor's 28 $42,774
Research and Experimental Psychology Bachelor's 43 $39,238 $16,700
Mathematics Bachelor's 38 $37,568 $11,500
Chemistry Bachelor's 33 $36,141 $17,000
Psychology, General Bachelor's $33,719
Area Studies Bachelor's 15 $27,669
Social Sciences, Other Bachelor's $26,353
Biology, General Bachelor's 59 $23,034 $17,929
English Language and Literature, General Bachelor's 15 $22,329 $21,167
Film/Video and Photographic Arts Bachelor's 18 $21,964
Fine and Studio Arts Bachelor's 15 $21,964
Geological and Earth Sciences/Geosciences Bachelor's 18 $20,625

Frequently Asked Questions

What are the admissions statistics for Carleton College?
Carleton College is a private nonprofit institution in Northfield, Minnesota. The acceptance rate is 20.4%. The average SAT score is 1,517. Total enrollment is 2,086 students.
How much do Carleton College graduates earn?
Graduates of Carleton College earn a median of $75,525 ten years after enrollment. Six years after enrollment, median earnings are $53,989.
How much does Carleton College cost?
The average net price at Carleton College is $25,407. In-state tuition is $68,892 and out-of-state tuition is $68,892. Median student debt at graduation is $16,750.
What is the graduation rate at Carleton College?
Carleton College has a 4-year completion rate of 90.4%. The first-year retention rate is 96.5%.
Is Carleton College worth the student debt?
The median student debt at Carleton College is $16,750, while graduates earn a median of $75,525 ten years after enrollment. That debt represents about 22% of first-year post-graduation earnings. 27400.0% of borrowers are repaying their loans within 3 years. Estimated monthly loan payment is $178.

Data Sources

Data as of 2024-25 academic year. Source: U.S. Department of Education College Scorecard.

Primary: U.S. Department of Education, College Scorecard. Data reflects most recent available year.

Institutional characteristics: IPEDS (Integrated Postsecondary Education Data System) institutional characteristics file.

Earnings: Median earnings 6 and 10 years after enrollment, from U.S. Treasury tax records linked to federal student aid data.

Program data: Credential-level earnings from the College Scorecard Field of Study dataset.

All federal data sources used on this page

Earnings data sourced from IRS records via the U.S. Treasury–Department of Education matching used by the College Scorecard.