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Carleton College

Northfield, MN·Private nonprofit·2,019 students
Last updated: March 22, 2026

A good fit for competitive applicants and students who prefer a mid-size campus. no major red flags in the data. solid earnings of $67,900 within 10 years; exceptional 91% graduation rate.

22%
Accept
2,019
Students
$27,320
Net Price
91%
Grad Rate
$67,900
Earnings
10 yr
$15,960
Debt

About This School

Carleton College is a private nonprofit institution located in Northfield, Minnesota with approximately 2,019 undergraduate students enrolled. The school is moderately selective, accepting approximately 22% of applicants. The average net price after financial aid is $27,320 per year. The graduation rate is 91%, and the typical graduate earns $67,900 within 10 years of enrollment.

Carleton College is a private liberal arts college in Northfield, Minnesota, United States. Founded in 1866, the 200-acre (81 ha) main campus is between Northfield and the approximately 800-acre (320 ha) Cowling Arboretum, which became part of the campus in the 1920s.

This is a strong option for students who thrive in a small, intellectually intense environment — a 96% freshman retention rate and 91% graduation rate signal that students who get in tend to stick around and finish. The average net price of $27,320/year is reasonable for a highly selective private college (22% acceptance rate), and median debt at graduation is a low $15,960, which is well-managed against median earnings of $67,900 a decade out. The main honest caveat: Northfield, MN is a small, rural town, so students who need urban energy or diverse off-campus options should think carefully about fit before applying.

Founded
1866
Setting
Distant town
Conference
Minnesota Intercollegiate Athletic Conference

Popular Programs

Social Sciences18%
Computer Science14%
Biological Sciences13%
Physical Sciences12%
Mathematics8%
Visual & Performing Arts7%
Psychology6%
English5%

Percentage of degrees awarded. Source: College Scorecard.

Notable Alumni

Thorstein VeblenJack LewRichard E. StearnsMary-Claire KingMax BaucusMelvin LairdWalter AlvarezPeter TorkJack CarsonDonella MeadowsDennis MeadowsZach McGowan

Source: Wikidata. Used for context only.

Admissions

SAT Scores

Average Composite1491
Reading 75th %ile760
Math 75th %ile790

ACT Scores

Midpoint Composite33

Cost & Financial Aid

In-State Tuition
$65,457
Out-of-State Tuition
$65,457
Avg Net Price
$27,320
after aid

Financial Aid

Students receiving Pell Grants14%
Median debt at graduation$15,960

Full Cost

After Graduation

Graduation Rate
91%
within 6 years
Retention Rate
96%
freshmen returning
Earnings (10 yr)
$67,900
after enrollment
Median Debt
$15,960
at graduation

Will This School Pay Off?

Median Debt
$15,960
at graduation
Earnings (6 yr)
$43,400
after enrollment
Earnings (10 yr)
$67,900
after enrollment
Earnings-to-Debt Ratio: 4.3x

Strong return. Graduates earn well above their debt load.

Earnings data from the U.S. Department of Education College Scorecard. These are means across all graduates, not specific to any major.

Student Body

White52%
Black7%
Hispanic/Latino10%
Asian10%

Source: U.S. Department of Education College Scorecard (2,019 undergraduates).

Contact & Location

Address

Carleton College

One North College Street

Northfield, MN 55057

View on Google Maps →

Other Schools in Minnesota

Browse all Minnesota schools →

Sources & Methodology

Data

Primary data source: U.S. Department of Education College Scorecard. Accessed via automated sync. Latest values may come from different reporting years depending on the metric.

Contextual Enrichment

School overview from Wikipedia. Used for context only, not as a primary data source for admissions, cost, or outcomes claims.

Important Caveats
  • Earnings figures are institution-level averages, not major-specific.
  • Some metrics are based on Title IV financial aid recipients only.
  • Some values may be privacy-suppressed or rolled up by the Department of Education.
  • Contact the school directly for current admissions requirements and costs.
Trademarks

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