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University of Minnesota-Twin Cities vs Carleton College: which has better ROI?

Public, Minneapolis MN · vs · Private nonprofit, Northfield MN

The verdict

University of Minnesota-Twin Cities has the better ROI: it clears its 4-year net cost of $67,112 in 3.2 years versus 3.7 years at Carleton College, on median earnings of $69,020 vs $75,525 ten years out. (Scorecard, 2026 · our math.)

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Head to head
MeasureUniversity of Minnesota-Twin CitiesCarleton College
Net price / yr$16,778$25,407
Total net cost$67,112$101,628
Median earnings, 10 yrs$69,020$75,525
Median debt$19,500$16,750
Payback3.2 yrs3.7 yrs
20-year net return$346,088$441,672

College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.

Which is cheaper, University of Minnesota-Twin Cities or Carleton College?

University of Minnesota-Twin Cities, at $16,778 a year after aid versus $25,407 — a gap of $8,629 a year, or $34,516 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do University of Minnesota-Twin Cities or Carleton College graduates earn more?

Carleton College graduates report a median $75,525 ten years after entry, $6,505 more than the $69,020 at University of Minnesota-Twin Cities. Both are institution-wide medians from federal tax records, so a high-paying major at the lower school can beat the average at the higher one.

Which leaves students with less debt, University of Minnesota-Twin Cities or Carleton College?

Carleton College: its completers carry a median $16,750 in federal loans versus $19,500 at University of Minnesota-Twin Cities, a difference of $2,750. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

90% of students finish at Carleton College, against 85% at University of Minnesota-Twin Cities. Completion matters to the ROI arithmetic because a degree that is never finished still carries its cost and its debt, but earns none of the graduate premium above the $48,360 high-school baseline.

University of Minnesota-Twin Cities vs Carleton College: frequently asked questions

Is University of Minnesota-Twin Cities or Carleton College a better value?
University of Minnesota-Twin Cities. It clears its $67,112 net cost in about 3.2 years versus 3.7 years at Carleton College, on median earnings of $69,020 vs $75,525 ten years out.
Which is cheaper, University of Minnesota-Twin Cities or Carleton College?
University of Minnesota-Twin Cities: $16,778/yr net price after aid versus $25,407/yr at Carleton College — a difference of $8,629 a year, or about $34,516 over four years.
Do University of Minnesota-Twin Cities or Carleton College graduates earn more?
Carleton College graduates earn a median $75,525 ten years after entry, versus $69,020 at University of Minnesota-Twin Cities — a $6,505 gap. This blends every major, so a specific field can flip it.