Percentile rankings vs 1,600+ peer institutions. Higher is better.
Career OutcomesAzimuth ranks Carroll University #751 for overall value on Azimuth's composite among nonprofit four-year institutions. Graduates earn about $1,852 less than similar students at comparable institutions, placing Carroll University in the 50.1 percentile for earnings beyond expectations among nonprofit four-year institutions. Azimuth ranks Carroll University #437 for return on investment among nonprofit four-year institutions. ---
Azimuth ranks Carroll University #751 for overall value on Azimuth's composite among nonprofit four-year institutions. A private master's university in Waukesha, Wisconsin, Carroll University enrolls roughly 2,523 undergraduates. Retention stands at 78.2% and the six-year graduation rate is 70.7%, reflecting solid completion outcomes for a residential liberal arts-focused institution. Carroll University draws strength from its focus on health-related fields and professional preparation. Graduates earn median 4-year earnings of $66,639, and earn about $1,852 less than similar students at comparable institutions, placing the institution in the 50.1 percentile for earnings beyond expectations among nonprofit four-year institutions. Azimuth ranks Carroll University #437 for return on investment among nonprofit four-year institutions. This performance reflects the institution's concentration in nursing, health sciences, and business fields, which connect directly to stable, well-compensated career pathways. Access and affordability round out the composite picture. Carroll University enrolls 22.9% Pell-eligible students and 27.2% first-generation undergraduates, positioning it as a meaningful access point for students seeking a smaller, health-focused institution. The university sits in the 55.0 percentile for affordability and the 38.8 percentile for access among nonprofit four-year institutions, while mobility outcomes place it in the 18.2 percentile. For families weighing a private master's university against larger public options, Carroll University offers a deliberate program mix and direct pathways into professional fields—a distinctive value proposition for students committed to health careers and related disciplines.
Carroll University's published cost of attendance is $52,639. Need-based financial aid reshapes that figure across income levels: low-income families pay approximately $15,718, middle-income families pay around $14,134, and higher-income families pay approximately $14,891. Azimuth ranks Carroll University #642 for post-graduation affordability among nonprofit four-year institutions. Net prices by income band are medians within those bands; individual aid packages vary, so some families in each band pay more and some less than the figures shown. Carroll University's aid structure is need-based, with financial aid packages combining federal (Pell Grants, Direct Loans), state, and institutional funds. Families apply using the FAFSA and CSS Profile. The difference between sticker price and net price reflects the institution's commitment to need-based aid; families should review the net price illusion to understand how these figures shape actual out-of-pocket cost. Median federal student loan debt at graduation is $27,000, and families using Parent PLUS borrow a median of $32,186; private or institutional loans may add further borrowing that falls outside these federal-only figures — see the Parent PLUS risk framework for how household context shapes PLUS decisions. For a graduate at the institution's median four-year earnings of $66,639, median federal debt of $27,000 projects to a monthly payment of about $305 under standard ten-year repayment. For personalized projections across earnings scenarios — including Parent PLUS planning — use Azimuth's Financial GPS tool.
Carroll University is a strong fit for students interested in health professions who want a private university experience in WI's Midwest region. Graduates earn median 4-year earnings of $66,639, placing Carroll University in the 70.8 percentile for median earnings four years after enrollment among nonprofit four-year institutions. Graduates earn about $1,852 less than similar students at comparable institutions, placing the institution in the 50.1 percentile for earnings beyond expectations among nonprofit four-year institutions. The institution enrolls a significant share of Pell-eligible and first-generation students — 22.9% of undergraduates receive Pell Grants and 27.2% are first-generation — and delivers mobility outcomes that place Carroll University in the 49.9 percentile for low-income graduate earnings among nonprofit four-year institutions — a historical 10-year Scorecard measure. Fit depends on two realistic filters: the 66.8% admit rate makes the application process selective, and the program mix favors health professions over other fields. Students whose interests align with those areas and who can navigate the application process will find strong earnings trajectories and aid packages.
This school profile was generated using Azimuth's proprietary ROI framework, developed by founder Daniel Rogers. Our methodology transforms federal education data into actionable insights for families.
College Azimuth is a private research initiative and is not affiliated with the U.S. Department of Education or Federal Student Aid. Data sourced from College Scorecard.
This content is for educational and informational purposes only and should not be construed as financial, investment, or professional advice. Consult a qualified advisor before making any financial decisions.
Comprehensive Analysis
Detailed metrics, charts, and full data breakdown
Financial GPS Tool
Personalized cost and earnings calculator
This is the Carroll University hub overview page. Related admissions, cost, outcomes, majors, and similar-school pages provide the detailed school data.
Based on federal data for students receiving aid. Actual costs may vary.
Carroll University's published cost of attendance is $52,639. Need-based financial aid reshapes that figure across income levels: low-income families pay approximately $15,718, middle-income families pay around $14,134, and higher-income families pay approximately $14,891.
Azimuth ranks Carroll University #642 for post-graduation affordability among nonprofit four-year institutions. Net prices by income band are medians within those bands; individual aid packages vary, so some families in each band pay more and some less than the figures shown.
Carroll University's aid structure is need-based, with financial aid packages combining federal (Pell Grants, Direct Loans), state, and institutional funds. Families apply using the FAFSA and CSS Profile.
The difference between sticker price and net price reflects the institution's commitment to need-based aid; families should review the [net price illusion](/analysis/is-college-worth-it-part-1-the-net-price-illusion/) to understand how these figures shape actual out-of-pocket cost. Median federal student loan debt at graduation is $27,000, and families using Parent PLUS borrow a median of $32,186; private or institutional loans may add further borrowing that falls outside these federal-only figures — see the [Parent PLUS risk framework](/analysis/ou-what-happens-when-parents-borrow-too/) for how household context shapes PLUS decisions.
For a graduate at the institution's median four-year earnings of $66,639, median federal debt of $27,000 projects to a monthly payment of about $305 under standard ten-year repayment. For personalized projections across earnings scenarios — including Parent PLUS planning — use [Azimuth's Financial GPS tool](/analysis/financial-gps-framework/).
Graduates of Carroll University earn median 4-year earnings of $66,639, placing Carroll University in the 70.8 percentile for median earnings four years after enrollment among nonprofit four-year institutions. Graduates earn about $1,852 less than similar students at comparable institutions, placing Carroll University in the 50.1 percentile for [earnings beyond expectations](/analysis/a-value-added-approach-to-college-outcomes/) among nonprofit four-year institutions.
Azimuth ranks Carroll University #437 for return on investment among nonprofit four-year institutions. The earnings pattern reflects Carroll University's concentration in health-related fields.
Kinesiology is the largest program with 111 graduates earning median 4-year earnings of $77,095, performing at 1.4x the national benchmark for the field. The Nursing program graduates 100 students with median 4-year earnings of $78,698, while Psychology, General delivers median 4-year earnings of $55,446 across 44 graduates.
Together, these programs anchor Carroll University's return profile and reflect the institution's focus on fields with stable, in-demand career pathways.
Accounting and Related Services
6 graduates
Finance and Financial Management Services
8 graduates
Computer Science
16 graduates
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing
100 graduates
Sports, Kinesiology, and Physical Education/Fitness
111 graduates
Carroll University's program mix is anchored in health sciences and professional fields, reflecting the institution's identity as a private liberal arts university with strong healthcare and nursing pathways. Kinesiology is the largest program with 111 graduates, followed by Nursing, Psychology, General, Biology, General, and Business Administration.
The dominant program family, Health, accounts for a substantial share of the institution's degree output across 26 total programs. The strongest earnings outcomes cluster in health and applied professional fields.
Nursing leads with median 4-year earnings of $78,698 from 100 graduates, followed by Kinesiology at $77,095, Biology, General at $67,070, Health Administration at $66,689, and Business Administration at $64,807. These programs reflect Carroll University's positioning as an institution where healthcare credentials and professional certifications translate directly into stable, well-compensated career pathways.
Several of these programs represent high-mobility direct-to-workforce fields where graduates enter the labor market immediately and earnings reflect national healthcare and professional demand. The [supply and demand for college graduates](/analysis/supply-demand-map-college-degrees/) provides context for how Carroll University's dominant program families align with regional and national labor-market conditions in healthcare and related professional sectors.
Explore alternatives with comparable outcomes based on location, selectivity, and value:
| School | State | Accept Rate | Median Earnings | |
|---|---|---|---|---|
Edgewood College Higher acceptance rate (36.1 percentage points higher) with similar program focus and located 60 miles away; similar graduate earnings | WI | 95% | $59,728 | Compare |
Aurora University Higher acceptance rate (26.7 percentage points higher) with similar program focus and located 87 miles away; similar graduate earnings | IL | 85% | $58,709 | Compare |
Alverno College Higher acceptance rate (34.7 percentage points higher) with similar program focus and located 13 miles away; similar graduate earnings | WI | 93% | $53,145 | Compare |
Marian University Higher acceptance rate (36.9 percentage points higher) with similar program focus; similar graduate earnings | IN | 95% | $58,759 | Compare |
Madonna University Higher acceptance rate (34.5 percentage points higher) with similar program focus; similar graduate earnings | MI | 93% | $59,058 | Compare |
Peer institutions with comparable quality and outcomes:
| School | State | Accept Rate | Median Earnings | Rank | |
|---|---|---|---|---|---|
Davenport University Similar quality tier in Midwest (#20824 ranked) | MI | 98% | $45,099 | #20824 | Compare |
Fairleigh Dickinson University-Florham Campus Similar quality tier (#20821 ranked) | NJ | 95% | $57,273 | #20821 | Compare |
St. Thomas University Similar quality tier (#21350 ranked) | FL | 98% | $54,272 | #21350 | Compare |
Brandeis University Similar quality tier (#21352 ranked) | MA | 41% | $77,231 | #21352 | Compare |
Bryant University Similar quality tier (#20817 ranked) | RI | 65% | $90,008 | #20817 | Compare |