Analysis
Carleton's cognitive science program faces a fundamental challenge: peer programs nationally suggest first-year earnings around $41,000, which would put graduates behind many other majors at a highly selective liberal arts college. With an estimated debt load of $18,000—reasonable on its own—the debt-to-earnings ratio of 0.44 still means dedicating nearly half a year's salary to loans, a heavier burden than many STEM fields at comparable institutions would carry.
The concern here isn't just the numbers from similar programs, but what they reveal about cognitive science as a field. This interdisciplinary major often serves as a stepping stone to graduate school rather than immediate career entry, which these modest early earnings reflect. If your child plans to continue their education, factor in additional years and debt before career-level earnings arrive. If they're planning to work immediately after graduation, comparable programs suggest they'll likely earn less than peers in computer science, economics, or engineering—fields where Carleton also excels.
The bottom line: cognitive science at this level appears to be a foundation degree, not a launch pad. If graduate school is the plan, the estimated $18,000 in debt is manageable. If your child expects their bachelor's degree to deliver immediate financial returns, similar programs suggest they should look elsewhere—either to a different major or understand that the real payoff comes later in their academic journey.
Where Carleton College Stands
Earnings vs. debt across all cognitive science bachelors's programs nationally
Compare to Similar Programs Nationally
Cognitive Science bachelors's programs at top institutions nationally
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $65,457 | $41,362* | — | $18,000* | — | |
| $62,484 | $105,695* | — | $8,055* | 0.08 | |
| $66,104 | $84,314* | $96,904 | $18,660* | 0.22 | |
| $67,844 | $75,672* | — | $18,000* | 0.24 | |
| $14,850 | $64,559* | $91,715 | $13,950* | 0.22 | |
| $13,747 | $53,962* | $62,158 | $13,000* | 0.24 | |
| National Median | — | $41,362* | — | $17,750* | 0.43 |
Career Paths
Occupations commonly associated with cognitive science graduates
Natural Sciences Managers
Clinical Research Coordinators
Community and Social Service Specialists, All Other
Directors, Religious Activities and Education
Religious Workers, All Other
Postsecondary Teachers, All Other
Self-Enrichment Teachers
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Carleton College, approximately 14% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the national median of 19 similar programs. Actual outcomes may vary.