Median Earnings (1yr)
$20,780
5th percentile (25th in MN)
Median Debt
$21,167
14% below national median
Debt-to-Earnings
1.02
Elevated
Sample Size
19
Limited data

Analysis

The small sample size here demands caution, but Carleton's English program shows first-year earnings ($20,780) that trail not just elite competitors but nearly every Minnesota school offering this major. That's $8,700 below the state median and less than two-thirds what graduates earn at University of Minnesota-Duluth. For a highly selective college (22% admission rate, 1491 SAT average) that draws academically exceptional students, these outcomes rank in just the 25th percentile statewide—meaning three-quarters of Minnesota English programs report better initial earnings despite serving less credentialed students.

The debt load of $21,167 is actually manageable relative to earnings, keeping the ratio just over 1.0. But context matters: you're likely paying premium tuition at a selective private college for outcomes that underperform state universities. The 5th percentile national ranking reinforces that this isn't a Minnesota-specific pattern. Whether these figures reflect Carleton graduates pursuing graduate school, nonprofit work, or simply the limitations of a small data sample is impossible to determine from these numbers alone.

If your child is set on Carleton for its academic environment and liberal arts experience, understand you're not buying premium career outcomes in English—at least not in year one. The investment case depends entirely on longer-term earnings growth and non-financial benefits that this data can't capture.

Where Carleton College Stands

Earnings vs. debt across all english language and literature bachelors's programs nationally

Carleton CollegeOther english language and literature 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 $21k, placing them in the 5th percentile of all english language and literature bachelors programs nationally.

Compare to Similar Programs in Minnesota

English Language and Literature bachelors's programs at peer institutions in Minnesota (29 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Carleton College$20,780—$21,1671.02
University of Minnesota-Duluth$35,118$38,944$24,1910.69
Metropolitan State University$33,999$35,593$26,5000.78
Gustavus Adolphus College$33,456—$27,0000.81
University of Minnesota-Twin Cities$31,258$43,114$20,5000.66
Minnesota State University Moorhead$29,491$37,439$26,4880.90
National Median$29,967—$24,5290.82

Other English Language and Literature Programs in Minnesota

Compare tuition, earnings, and debt across Minnesota schools

SchoolIn-State TuitionEarnings (1yr)Debt
University of Minnesota-Duluth
Duluth
$14,318$35,118$24,191
Metropolitan State University
Saint Paul
$9,780$33,999$26,500
Gustavus Adolphus College
Saint Peter
$54,310$33,456$27,000
University of Minnesota-Twin Cities
Minneapolis
$16,488$31,258$20,500
Minnesota State University Moorhead
Moorhead
$10,336$29,491$26,488

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 19 graduates with reported earnings and 19 graduates with debt data. Small samples may not be representative.