Median Earnings (1yr)
$37,903
84th percentile (60th in WI)
Median Debt
$23,250
7% below national median
Debt-to-Earnings
0.61
Manageable
Sample Size
45
Adequate data

Analysis

Carthage College's biology program outperforms the national average by nearly $6,000 in first-year earnings, placing it in the 84th percentile nationally—solid evidence that the program delivers strong career preparation. However, within Wisconsin, the story becomes more nuanced. At $37,903, starting salaries trail the state median slightly and rank in the 60th percentile among Wisconsin's 29 biology programs. This isn't necessarily alarming, but it does mean your child won't have the earning power of graduates from Edgewood ($51,000+) or even mid-tier state schools like UW-Oshkosh.

The real strength here is trajectory: earnings jump 45% to nearly $55,000 by year four, suggesting graduates successfully transition into better-paying lab positions, research roles, or graduate programs. The debt load of $23,250 is actually below both state and national medians, making this a relatively affordable option with a manageable debt-to-earnings ratio of 0.61.

For families looking at Wisconsin biology programs, Carthage represents a middle-ground choice: you're paying less in debt than at many competitors while getting above-average national outcomes. If your child is considering medical school or graduate work, this could be a cost-effective launchpad. If they need immediate strong earnings, the top-tier Wisconsin programs might justify their higher price tags.

Where Carthage College Stands

Earnings vs. debt across all biology bachelors's programs nationally

Carthage CollegeOther biology 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 Carthage College graduates compare to all programs nationally

Carthage College graduates earn $38k, placing them in the 84th percentile of all biology 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 Wisconsin

Biology bachelors's programs at peer institutions in Wisconsin (29 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Carthage College$37,903$54,782$23,2500.61
Edgewood College$51,134$54,363$29,0000.57
Ripon College$43,250$46,101$27,0000.62
Carroll University$43,188$56,294$27,0000.63
University of Wisconsin-Oshkosh$38,530$56,168$24,2500.63
University of Wisconsin-Whitewater$38,331$46,673$27,0000.70
National Median$32,316—$25,0000.77

Other Biology Programs in Wisconsin

Compare tuition, earnings, and debt across Wisconsin schools

SchoolIn-State TuitionEarnings (1yr)Debt
Edgewood College
Madison
$34,850$51,134$29,000
Ripon College
Ripon
$50,700$43,250$27,000
Carroll University
Waukesha
$37,230$43,188$27,000
University of Wisconsin-Oshkosh
Oshkosh
$8,212$38,530$24,250
University of Wisconsin-Whitewater
Whitewater
$8,250$38,331$27,000

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 Carthage College, approximately 26% 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 45 graduates with reported earnings and 62 graduates with debt data. Small samples may not be representative.