Carleton College

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2019 Undergraduate Tuition
$56,778
4.3% growth from 2018
2019 Average Net Price
$31,547
After Financial Aid
2017 Student Loan
1.38%
Default Rate
2019 Acceptance Rate
19.1%
7,324 Applicants
2019 Enrolled Students
2,115
99% Full-Time
2018 Graduation Rate
93%
490 Graduates

About

Carleton College is a higher education institution located in Rice County, MN. In 2016, the most popular Bachelor's Degree concentrations at Carleton College were International Relations & Affairs (55 degrees awarded), Computer Science (53 degrees), and General Biological Sciences (46 degrees).

In 2019, 512 degrees were awarded across all undergraduate and graduate programs at Carleton College. 49.8% of these degrees were awarded to women, and 50.2% awarded men. The most common race/ethnicity group of degree recipients was white (311 degrees), 8.64 times more than then the next closest race/ethnicity group, hispanic or latino (36 degrees).

The median undergraduate tuition at Carleton College is $56,778, which is $29,498 more than the national average for Baccalaureate Colleges ($27,280).

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

Costs

The median undergraduate tuition at Carleton College is $56,778, which is $29,498 more than the national average for Baccalaureate Colleges ($27,280).

After taking grants and loans into account, the average net price for students is $31,547.

In 2019, 61% of undergraduate students received federal grants, while 43% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$56,778
2019 Undergraduate Tuition

In 2019, the cost of tuition at Carleton College was $56,778. The cost of tuition at Carleton College is $29,498 more than than the overall (public and private) national average for Baccalaureate Colleges ($27,280).

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

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Average Net Price

$31,547
2019 Value
2.44%
1 Year Growth

In 2019 Carleton College had an average net price — the price paid after factoring in grants and loans — of $31,547. Between 2018 and 2019, the average net price of Carleton College grew by 2.44%.

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

$14,085
Room and Board
$853
Books and Supplies

The average yearly cost of room and board at Carleton College was of $14,085 in 2019. During the same period, the average yearly cost of books and supplies was $853. The cost of room and board increased by 3.32% between 2018 and 2019. The cost of books and supplies increased by 3.65% 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

Financial Aid by Income Level

61%
Of Undergraduates Receive Grants
43%
Of Undergraduates Receive Federal Loans

61% of undergraduate students at Carleton College received grants or loans in 2019. This represents a growth of 0% with respect to 2018, when 61% 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.
1.38%
2017 Default Rate
3
Number of Defaults

In 2017 the default rate for borrower's at Carleton College was 1.38%, which represents 3 out of the 217 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 7,324 undergraduate applications in 2019, which represents a 3.27% annual growth. Out of those 7,324 applicants, 1,401 students were accepted for enrollment, representing a 19.1% acceptance rate.

There were 2,115 students enrolled at Carleton College in 2019, and 57% of first-time enrollees submitted SAT scores with their applications.

Carleton College has an overall enrollment yield of 37.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

19.1%
Acceptance Rate in 2019
1,401
Accepted Out of 7,324

In 2019, the undergraduate acceptance rate of Carleton College was 19.1% (1,401 admissions from 7,324 applications). This is lower than the acceptance rate of 2018, which was 19.8%. Between 2018 and 2019, the number of applicants grew by 3.27%, while admissions declined by -0.426%.

This chart compares the acceptance rate of Carleton College (in red) with that of other similar universities.

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SAT Scores

57%
Submission Percentage
301
Scores Submitted

57% of enrolled first-time students at Carleton College in 2019 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

Carleton College has a total enrollment of 2,115 students. The full-time enrollment at Carleton College is 2,093 students and the part-time enrollment is 22. This means that 99% of students enrolled at Carleton College are enrolled full-time.

The enrolled student population at Carleton College, both undergraduate and graduate, is 57.5% White, 8.98% Asian, 8.46% Hispanic or Latino, 7.33% Two or More Races, 4.78% Black or African American, 0.0946% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Carleton College in full-time Undergraduate programs are most commonly White Female (29%), followed by White Male (28.8%) and Asian Male (4.59%). Students enrolled in full-time Graduate programs are most commonly N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

99%
Full-Time Enrollment

The total enrollment at Carleton College, both undergraduate and graduate, is 2,115 students. The full-time enrollment at Carleton College is 2,093 and the part-time enrollment is 22. This means that 99% of students enrolled at Carleton College are enrolled full-time compared with 81.1% 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%
2019 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 (73%), 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
  1. White
    1,217
  2. Asian
    190
  3. Hispanic or Latino
    179

The enrolled student population at Carleton College is 57.5% White, 8.98% Asian, 8.46% Hispanic or Latino, 7.33% Two or More Races, 4.78% Black or African American, 0.0946% American Indian or Alaska Native, and 0% 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 55% White, 14% Black or African American, and 13.1% Hispanic or Latino.

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, 37 students (1.75%) did not report their race.

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Graduates

In 2019, 2 fewer women than men received degrees from Carleton College. The most common race/ethnicity group of degree recipients at Carleton College is white (311 degrees awarded). There were 8.64 times more white graduates than the next closest race/ethnicity group, hispanic or latino (36 degrees).

The most common Bachelor's Degree concentration at Carleton College is International Relations & Affairs (55 degrees awarded), followed by Computer Science (53 degrees) and General Biological Sciences (46 degrees).

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 Philosophy and Religious Studies (23 degrees awarded), Physical Sciences (72 degrees), and Cultural & Gender Studies (22 degrees).

Workforce

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Carleton College are Postsecondary teachers (174,338 people), Lawyers, & judges, magistrates, & other judicial workers (146,819 people), Other managers (143,789 people), Secondary school teachers (130,411 people), and Software developers (109,369 people).

The most specialized majors at Carleton College are Philosophy and Religious Studies (23 degrees awarded), Physical Sciences (72 degrees), Cultural & Gender Studies (22 degrees), Math & Statistics (44 degrees), and History (20 degrees).

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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, Securities, commodities, & financial services sales agents, Other financial specialists, Agents & business managers of artists, performers, & athletes, and Physicians

The most specialized majors at Carleton College are Philosophy and Religious Studies (23 degrees awarded), Physical Sciences (72 degrees), Cultural & Gender Studies (22 degrees), Math & Statistics (44 degrees), and History (20 degrees).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Carleton College are Colleges, universities & professional schools, including junior colleges (308,545 people), Elementary & secondary schools (306,748 people), Computer Systems Design (153,493 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (111,818 people), and Legal services (111,522 people).

The most specialized majors at Carleton College are Philosophy and Religious Studies (23 degrees awarded), Physical Sciences (72 degrees), Cultural & Gender Studies (22 degrees), Math & Statistics (44 degrees), and History (20 degrees).

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Degrees

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
  1. 55 degree-majorss awarded
  2. 53 degree-majorss awarded
  3. 46 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Carleton College was International Relations & Affairs with 55 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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Gender Breakdown for Common Majors

257
Degrees Awarded to Men
in 2019
255
Degrees Awarded to Women
in 2019

In 2019, 257 degrees were awarded to men at Carleton College, which is 1.01 times more than the number of degrees awarded to females (255).

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

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Most Common Male Majors

In 2019, 36 degrees were awarded to men at Carleton College in Computer Science, which is 2.12 times more than the 17 female recipients with that same degree.

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Most Common Female Majors

In 2019, 32 degrees were awarded to women at Carleton College in Other Research & Experimental Psychology, which is 4.57 times more than the 7 male recipients with that same degree.

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Time to Complete

89%
100% Completion Time
94%
150% Completion Time

In 2019, 89% 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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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.
Asian Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Carleton College is Male and Asian (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (69.1%).

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, 2.45% of graduates (12 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    311 degrees awarded
  2. Hispanic or Latino
    36 degrees awarded
  3. Asian
    33 degrees awarded

The most common race/ethnicity at Carleton College is white (311 degrees awarded). There were 8.64 times more white recipients than the next closest race/ethnicity group, hispanic or latino (36 degrees).

1.95% of degree recipients (10 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Female
    157 degrees awarded
  2. White Male
    154 degrees awarded
  3. Asian Female
    25 degrees awarded

The most common race/ethnicity and gender grouping at Carleton College is white female (157 degrees awarded). There were 1.02 times more white female recipients than the next closest race/ethnicity group, white male (154 degrees).

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Operations

Carleton College has an endowment valued at nearly $892M, as of the end of the 2019 fiscal year. The return on its endowment was of $34.3M (3.85%), compared to the 3.99% average return ($1.62M on $40.7M) across all Baccalaureate Colleges.

In 2019, Carleton College had a total salary expenditure of $145M. Carleton College employs 104 Professors, 61 Assistant professors, and 51 Associate professors. Most academics at Carleton College are Male Professors (54), Female Professors(50), and Female Assistant professors (31).

The most common positions for non-instructional staff at Carleton College are: Service, with 76 employees, Management, with 58 employees, and Office and Administrative Support with 53 employees.

Finances

Endowment

$892M
2019 Endowment
1.58%
growth from 2018

Carleton College has an endowment valued at about $892M, as of the end of the 2019 fiscal year. The endowment of Carleton College grew 1.58% from the previous year. The value of their endowment was $852M 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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Government Grants and Contracts

Grants & Contracts
  1. $4.36M - Federal
  2. $468k - State
  3. $0 - Local

As of 2019, Carleton College received $4.36M in grants and contracts from the federal government, $468k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$59.1M
2019 Salaries
1.79%
growth from 2018

In 2019, Carleton College paid a median of $59.1M in salaries, which represents 40.8% of their overall expenditure ($145M) and a 1.79% growth from the previous year. This is compared to a 3.5% growth from 2017 and a 3.68% growth from 2016.

The median for similar Baccalaureate Colleges is 15.5M (41% of overall expenditures).

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Instructional Salaries

$28M
Instructional Salaries
249
Number of Employees

In 2019, Carleton College paid a total of $28M to 249 employees working as instructors, which represents 47.4% of all salaries paid.

This is compared to a median of $4.89M (31.6%) for similar Baccalaureate Colleges.

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Faculty and Staff

Occupations by Share

Professor
Most Common Instructor
104 Employees
Service
Most Common Non-Instructional Employee
76 Employees

In 2019, the most common positions for instructional staff at Carleton College were Professor with 104 employees; Assistant professor with 61 employees; and Assistant professor with 51 employees.

In 2019, the most common positions for non-instructional staff at Carleton College were Service with 76 employees; Management with 58 employees; and Office and Administrative Support with 53 employees.

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Instructors by Academic Rank and Gender

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

In 2019, the most common demographic for instructional staff at Carleton College was Male Professor with 54 employees, Female Professor with 50 employees, and Female Assistant professor with 31 employees.

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

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