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University of Wisconsin-Madison vs Carroll University: which has better ROI?

Public, Madison WI · vs · Private nonprofit, Waukesha WI

The verdict

University of Wisconsin-Madison has the better ROI: it clears its 4-year net cost of $69,416 in 2.7 years versus 6.3 years at Carroll University, on median earnings of $73,792 vs $58,009 ten years out. (Scorecard, 2026 · our math.)

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Head to head
MeasureUniversity of Wisconsin-MadisonCarroll University
Net price / yr$17,354$15,193
Total net cost$69,416$60,772
Median earnings, 10 yrs$73,792$58,009
Median debt$20,484$27,000
Payback2.7 yrs6.3 yrs
20-year net return$439,224$132,208

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

Which is cheaper, University of Wisconsin-Madison or Carroll University?

Carroll University, at $15,193 a year after aid versus $17,354 — a gap of $2,161 a year, or $8,644 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 Wisconsin-Madison or Carroll University graduates earn more?

University of Wisconsin-Madison graduates report a median $73,792 ten years after entry, $15,783 more than the $58,009 at Carroll University. 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 Wisconsin-Madison or Carroll University?

University of Wisconsin-Madison: its completers carry a median $20,484 in federal loans versus $27,000 at Carroll University, a difference of $6,516. 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 University of Wisconsin-Madison, against 71% at Carroll University. 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 Wisconsin-Madison vs Carroll University: frequently asked questions

Is University of Wisconsin-Madison or Carroll University a better value?
University of Wisconsin-Madison. It clears its $69,416 net cost in about 2.7 years versus 6.3 years at Carroll University, on median earnings of $73,792 vs $58,009 ten years out.
Which is cheaper, University of Wisconsin-Madison or Carroll University?
Carroll University: $15,193/yr net price after aid versus $17,354/yr at University of Wisconsin-Madison — a difference of $2,161 a year, or about $8,644 over four years.
Do University of Wisconsin-Madison or Carroll University graduates earn more?
University of Wisconsin-Madison graduates earn a median $73,792 ten years after entry, versus $58,009 at Carroll University — a $15,783 gap. This blends every major, so a specific field can flip it.