Median Earnings (1yr)
$88,132
83rd percentile (60th in MN)
Median Debt
$18,233
22% below national median
Debt-to-Earnings
0.21
Manageable
Sample Size
40
Adequate data

Analysis

Carleton's computer science graduates earn $88,000 in their first year—about $15,000 more than Minnesota's median for CS programs and well above the national average. That's impressive performance from a small liberal arts college that often flies under the radar compared to larger tech-focused universities. With under $20,000 in typical debt, graduates face monthly loan payments around $200 while taking home strong tech-industry salaries, making this one of the more favorable financial profiles you'll find in Minnesota higher education.

The earnings trajectory looks particularly solid: graduates see 32% income growth by year four, reaching $116,000. Among Minnesota CS programs, Carleton sits comfortably in the 60th percentile—trailing only U of M Twin Cities and St. Olaf at the top, but outperforming most alternatives. The selective admissions (22% acceptance rate) signal rigorous academics, though the low Pell Grant percentage suggests this environment may skew toward students from higher-income backgrounds.

For families comfortable with Carleton's liberal arts approach and price tag, the CS program delivers genuine tech-career outcomes without the crushing debt loads common at many schools. The combination of strong starting salaries and manageable debt makes this a financially sound choice, even if it doesn't quite match the earnings peak of Minnesota's flagship university.

Where Carleton College Stands

Earnings vs. debt across all computer science bachelors's programs nationally

Carleton CollegeOther computer science programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How Carleton College graduates compare to all programs nationally

Carleton College graduates earn $88k, placing them in the 83th percentile of all computer science bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Minnesota

Computer Science bachelors's programs at peer institutions in Minnesota (25 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Carleton College$88,132$116,048$18,2330.21
University of Minnesota-Twin Cities$82,861$93,994$19,5000.24
St Olaf College$82,278$91,084$23,8750.29
University of St Thomas$73,301$89,771$23,7040.32
University of Minnesota-Duluth$73,224$83,553$23,3750.32
Concordia University-Saint Paul$72,875—$29,1800.40
National Median$70,950—$23,3740.33

Other Computer Science Programs in Minnesota

Compare tuition, earnings, and debt across Minnesota schools

SchoolIn-State TuitionEarnings (1yr)Debt
University of Minnesota-Twin Cities
Minneapolis
$16,488$82,861$19,500
St Olaf College
Northfield
$56,970$82,278$23,875
University of St Thomas
Saint Paul
$52,284$73,301$23,704
University of Minnesota-Duluth
Duluth
$14,318$73,224$23,375
Concordia University-Saint Paul
Saint Paul
$25,000$72,875$29,180

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.

Sample Size: Based on 40 graduates with reported earnings and 42 graduates with debt data. Small samples may not be representative.