Carleton College

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2022 Undergraduate Tuition
$62,244
4% growth from 2021
2022 Average Net Price
$31,494
After Financial Aid
2019 Default Rate
0.437%
on Student Loans
2022 Acceptance Rate
16.6%
8,583 Applicants
2022 Enrolled Students
2,059
99.1% Full-Time
2022 Graduation Rate
90.7%
514 Graduates

About

Carleton College is a higher education institution located in Rice County, MN. In 2022, the most popular Bachelors Degree concentrations at Carleton College were Computer Science (59 degrees awarded), General Biological Sciences (59 degrees), and International Relations & Affairs (56 degrees).

In 2022, 555 degrees were awarded across all undergraduate and graduate programs at Carleton College. 51% of these degrees were awarded to women, and 49% awarded men. The most common race/ethnicity group of degree recipients was white (312 degrees), 4.95 times more than then the next closest race/ethnicity group, asian (63 degrees).

The median undergraduate tuition at Carleton College is $62,244, which is $33,914 more than the national average for Baccalaureate Colleges ($28,330).

About the photo: Skinner Memorial Chapel - Carleton College - Northfield, Minnesota

Costs

In 2022, the median undergraduate tuition at Carleton College is $62,244, which is $33,914 more than the national average for Baccalaureate Colleges ($28,330).

After taking grants and loans into account, the average net price for students is $31,494.

In 2022, 64% of undergraduate students attending Carleton College received financial aid through grants. Comparatively, 45% of undergraduate students received financial aid through loans.

Tuition Costs

$62,244
2022 Undergraduate Tuition

In 2022, the cost of tuition at Carleton College was $62,244. The cost of tuition at Carleton College is $33,914 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,330).

This chart compares the tuition costs of Carleton College (in red) with those of other similar universities.

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Average Net Price

$31,494
2022 Value
0.706%
1 Year Growth

In 2022 Carleton College had an average net price — the price paid after factoring in grants and loans — of $31,494. Between 2021 and 2022, the average net price of Carleton College grew by 0.706%.

This chart compares the average net price of Carleton College (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Other Student Expenses

$15,375
Room and Board
$933
Books and Supplies

The average yearly cost of room and board at Carleton College was of $15,375 in 2022. The cost of room and board did not change between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $933. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Carleton College (in red) with that of similar universities.

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Financial Aid by Income Level

64%
Undergraduates Receiving Financial Aid through Grants
45%
Undergraduates Receiving Financial Aid through Loans

64% of undergraduate students at Carleton College received financial aid through grants or loans in 2022. This represents a growth of 0% with respect to 2021, when 64% of undergraduate students received financial aid.

This chart compares the average award discount at Carleton College (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.
0.437%
2019 Default Rate
1
Number of Defaults

In 2019 the default rate for borrower's at Carleton College was 0.437%, which represents 1 out of the 229 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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Admissions

Carleton College received 8,583 undergraduate applications in 2022, which represents a 8.44% annual growth. Out of those 8,583 applicants, 1,427 students were accepted for enrollment, representing a 16.6% acceptance rate.

There were 2,059 students enrolled at Carleton College in 2022. 37% of first-time enrollees submitted SAT scores with their applications.

Carleton College has an overall enrollment yield of 37.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

16.6%
Acceptance Rate in 2022
1,427
Accepted Out of 8,583

In 2022, the undergraduate acceptance rate of Carleton College was 16.6% (1,427 admissions from 8,583 applications). This is lower than the acceptance rate of 2021, which was 17.5%. Between 2021 and 2022, the number of applicants grew by 8.44%, while admissions grew by 2.74%..

This chart compares the acceptance rate of Carleton College (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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SAT Scores

37%
Submission Percentage (2022)
197
Scores Submitted (2022)

37% of enrolled first-time students at Carleton College in 2022 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

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Enrollment

Carleton College had a total enrollment of 2,059 students in 2022. The full-time enrollment at Carleton College is 2,041 students and the part-time enrollment is 18. This means that 99.1% of students enrolled at Carleton College are enrolled full-time.

The enrolled student population at Carleton College, both undergraduate and graduate, is 51.5% White, 9.81% Asian, 9.37% Hispanic or Latino, 8.6% Two or More Races, 6.56% Black or African American, 0.0971% American Indian or Alaska Native, and 0.0486% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Carleton College in full-time Undergraduate programs are most commonly White Male (26.1%), followed by White Female (25.6%) and Asian Female (5.1%).

Full-Time vs Part-Time Enrollment

99.1%
Full-Time Enrollment

The total enrollment at Carleton College in 2022, both undergraduate and graduate, is 2,059 students. The full-time enrollment at Carleton College is 2,041 and the part-time enrollment is 18. This means that 99.1% of students enrolled at Carleton College are enrolled full-time compared with 79.6% at similar Baccalaureate Colleges.

This chart shows the full-time vs part-time enrollment status at Carleton College (in red) compares to similar universities.

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Retention Rate over Time

95%
2022 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Carleton College was 95%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Carleton College had a retention rate higher than its peers.

This chart shows the retention rate over time at Carleton College (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    1,061 enrolled students
  2. Asian
    202 enrolled students
  3. Hispanic or Latino
    193 enrolled students

The enrolled student population at Carleton College is 51.5% White, 9.81% Asian, 9.37% Hispanic or Latino, 8.6% Two or More Races, 6.56% Black or African American, 0.0971% American Indian or Alaska Native, and 0.0486% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 54.3% White, 13.8% Hispanic or Latino, and 13.1% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 81 students (3.93%) did not report their race.

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Graduates

In 2022, 11 more women than men received degrees from Carleton College. The most common race/ethnicity group of degree recipients at Carleton College is white (312 degrees awarded). There were 4.95 times more white recipients than the next closest race/ethnicity group, asian (63 degrees).

The most common Bachelor's Degree concentration at Carleton College is Computer Science (59 degrees awarded), followed by General Biological Sciences (59 degrees) and International Relations & Affairs (56 degrees).

In 2022,  the most specialized majors across all degree types at Carleton College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Physical Sciences (79 degrees awarded), Math & Statistics (56 degrees), and Philosophy and Religious Studies (15 degrees).

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Carleton College are Lawyers, & judges, magistrates, & other judicial workers (370,527 people), Other managers (316,316 people), Postsecondary teachers (249,687 people), Elementary & middle school teachers (185,250 people), and Software developers (148,637 people).

The most specialized majors at Carleton College in 2022 are Physical Sciences (79 degrees awarded), Math & Statistics (56 degrees), Philosophy and Religious Studies (15 degrees), Language & Linguistics (20 degrees), and Social Sciences (105 degrees) (as of 2022).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Carleton College are Surgeons, Cardiovascular technologists and technicians, Securities, commodities, & financial services sales agents, Nuclear medicine technologists and medical dosimetrists, and Physicians

The most specialized majors at Carleton College are Physical Sciences (79 degrees awarded), Math & Statistics (56 degrees), Philosophy and Religious Studies (15 degrees), Language & Linguistics (20 degrees), and Social Sciences (105 degrees) (as of 2022).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Carleton College are Elementary & secondary schools (476,745 people), Colleges, universities & professional schools, including junior colleges (471,120 people), Computer Systems Design (298,231 people), Legal services (294,323 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (211,798 people).

The most specialized majors at Carleton College are Physical Sciences (79 degrees awarded), Math & Statistics (56 degrees), Philosophy and Religious Studies (15 degrees), Language & Linguistics (20 degrees), and Social Sciences (105 degrees) (as of 2022).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Carleton College.
Most Common (2022)
  1. 59 degrees awarded
  2. 59 degrees awarded
  3. 56 degrees awarded

In 2022, the most common bachelors degree concentration at Carleton College was Computer Science with 59 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Carleton College according to their major.

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Sex Breakdown for Common Majors

272
Degrees Awarded to Men
in 2022
283
Degrees Awarded to Women
in 2022

In 2022, 272 degrees were awarded to men at Carleton College, which is 0.961 times less than the number of degrees awarded to females (283).

This chart displays the sex disparity between the top 5 majors at Carleton College by degrees awarded.

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Most Common Male Majors

In 2022, 41 degrees were awarded to men at Carleton College in Computer Science, which is 2.28 times more than the 18 female recipients with that same degree.

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Most Common Female Majors

In 2022, 37 degrees were awarded to men at Carleton College in Other Research & Experimental Psychology, which is 6.17 times more than the 6 male recipients with that same degree.

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Time to Complete

88%
100% Completion Time
94%
150% Completion Time

In 2022, 88% of students graduating from Carleton College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 94% completed their degrees within 150% of the normal time, and 94% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate Colleges Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Black or African American Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Carleton College is Female and Black or African American (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (73.2%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 1.95% of graduates (10 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    312 degrees awarded
  2. Asian
    63 degrees awarded
  3. Hispanic or Latino
    47 degrees awarded

The most common race/ethnicity at Carleton College is white (312 degrees awarded). There were 4.95 times more white recipients than the next closest race/ethnicity group, asian (63 degrees).

0.18% of degree recipients (1 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Male
    163 degrees awarded
  2. White Female
    149 degrees awarded
  3. Asian Female
    40 degrees awarded

The most common race/ethnicity and sex grouping at Carleton College is white male (163 degrees awarded). There were 1.09 times more white male recipients than the next closest race/ethnicity group, white female (149 degrees).

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Operations

Carleton College has an endowment valued at nearly $1.09B, as of the end of the 2022 fiscal year. The return on its endowment was of −NaNM (−4.97%) compared to the 0.58% average return (286k on 49.3M) across all Baccalaureate Colleges.

In 2022, Carleton College had a total salary expenditure of 162M. Carleton College employs 111 Professors, 49 Assistant professors and 46 Associate professors. Most academics at Carleton College are Male Professor (57), Female Professor (54), and Female Assistant professor (29).

The most common positions for non-instructional staff at Carleton College are: Management, with 87 employees, Service, with 70 employees, and Office and Administrative Support with 61 employees.

Endowment

$1.09B
2022 Endowment
5.55%
decline from 2021

Carleton College has an endowment valued at about $1.09B, as of the end of the 2022 fiscal year. The endowment of Carleton College declined 5.55% from the previous year. The value of their endowment was $1.04B higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Carleton College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Arts & Sciences Focus Carnegie Classification grouping.

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Salary Expenditure

$59.4M
2022 Salaries
3.09%
decline from 2021

In 2022, Carleton College paid a median of $59.4M in salaries, which represents 36.8% of their overall expenditure ($162M) and a 3.09% decline from the previous year.

The median for similar Baccalaureate Colleges is 15.7M (37.9% of overall expenditures).

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Instructional Salaries

$28.6M
Instructional Salaries
239
Number of Employees

In 2022, Carleton College paid a total of $28.6M to 239 employees working as instructors, which represents 48.1% of all salaries paid.

This is compared to a median of $5.04M (32.1%) for similar Baccalaureate Colleges.

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Occupations by Share

Professor
Most Common Instructor
111 Employees
Management
Most Common Non-Instructional Employee
87 Employees

In 2022, the most common positions for instructional staff at Carleton College were Professor with 111 employees, Assistant professor with 49 employees, and Associate professor with 46 employees.

In 2022, the most common positions for non-instructional staff at Carleton College were Management with 87 employees, Service with 70 employees, and Office and Administrative Support with 61 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2022)
  1. Male Professor
  2. Female Professor
  3. Female Assistant professor

In 2022, the most common demographic for instructional staff at Carleton College was Male Professor with 57 employees, Female Professor with 54 employees, and Female Assistant professor with 29 employees.

This chart shows the sex split between each academic rank present at Carleton College.

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