Est. Earnings (1yr)
$43,714
Est. from WI median (7 programs)
Est. Median Debt
$27,000
Est. from national median (162 programs)

Analysis

A bachelor's degree in liberal arts that leaves you with an estimated debt-to-earnings ratio of 0.62 sits in a manageable zone—similar programs nationally carry the same $27,000 debt burden, but first-year earnings based on Wisconsin peers come in about $7,400 above the national median. That's meaningful when you're making loan payments. The challenge is that this estimate reflects what other Wisconsin liberal arts programs produce, not Carroll's specific track record, which remains unpublished due to small graduate numbers in this major.

What complicates the picture is the gap between Carroll's estimated outcomes and the top Wisconsin programs with reported data. UW-Green Bay liberal arts graduates earn about $10,700 more in their first year than the state median Carroll appears to match. That difference compounds over time and affects how quickly debt becomes manageable. Carroll's 58% admission rate and solid average SAT suggest a reasonably selective student body, but without actual earnings data, you're betting that Carroll performs at least as well as the state average rather than below it.

The practical question is whether you're comfortable with uncertainty. If your child needs this flexibility in major selection and Carroll offers other advantages—location, size, specific faculty—the debt load isn't alarming by national standards. But if career outcomes drive the decision, programs with published results give you firmer ground to stand on, and several Wisconsin public universities show stronger earning patterns in this field.

Where Carroll University Stands

Earnings vs. debt across all liberal arts and sciences, general studies and humanities bachelors's programs nationally

Compare to Similar Programs in Wisconsin

Liberal Arts and Sciences, General Studies and Humanities bachelors's programs at peer institutions in Wisconsin (27 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Carroll UniversityWaukesha$37,230$43,714*—$27,000*—
University of Wisconsin-Green BayGreen Bay$8,342$54,436*$44,500$27,000*0.50
University of Wisconsin-OshkoshOshkosh$8,212$50,438*$57,441$31,154*0.62
Alverno CollegeMilwaukee$32,794$44,812*$41,193$43,066*0.96
University of Wisconsin-Eau ClaireEau Claire$9,277$43,714*$40,005$21,312*0.49
University of Wisconsin-MilwaukeeMilwaukee$10,020$42,673*$52,033$29,000*0.68
National Median—$36,340*—$27,000*0.74
* Estimated from similar programs

Career Paths

Occupations commonly associated with liberal arts and sciences, general studies and humanities graduates

Postsecondary Teachers, All Other

All postsecondary teachers not listed separately.

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 Carroll University, approximately 22% 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 median of 7 similar programs in WI. Actual outcomes may vary.