Carroll University
Waukesha, WI — Private Nonprofit
Value Score: 37/100
Tuition (In-State): $38,890 | Out-of-State: $38,890
Acceptance Rate: 66.8% | Graduation Rate: 70.2%
Median Earnings (10yr): $58,009 | Median Debt: $27,000
Student Body Size: 2,523
Carroll University offers a solid graduation rate but struggles with post-graduation financial returns relative to cost.
Report Card: Overall Grade C-
Carroll University receives an overall grade of C- based on six dimensions:
- Academics: C+
- Value: F
- Outcomes: B
- Affordability: C+
College Analysis
Carroll University, a medium-sized private nonprofit institution in Waukesha, WI, presents a mixed picture regarding academic value and student outcomes. With a graduation rate of 70.2%, a majority of students complete their degrees, which is a positive indicator. However, the median earnings 10 years after entry ($58,009) are not substantially higher than the median debt at graduation ($27,000), leading to a negative ROI score of -63. This suggests that the financial return on investment may not fully justify the cost of attendance, especially considering the in-state and out-of-state tuition are both $38,890. The student experience is shaped by a student body of 2,523, offering a moderately sized community. The admission rate of 66.8% indicates a degree of selectivity, but not to the extent of highly competitive institutions.
The Verdict: Is Carroll University Worth It?
Carroll University presents a mixed financial proposition. With an out-of-state tuition of $38,890 and a median 10-year earning potential of $58,009, the initial cost is substantial. The median debt of $27,000 is manageable, but the negative ROI score of -63 suggests that, on average, graduates do not recoup their investment quickly compared to the national average. The debt payoff timeline, assuming a standard repayment plan and a portion of the median salary directed towards debt, could extend beyond 5-7 years, especially when factoring in living expenses. While the university offers valuable career services and internship opportunities that can boost earning potential, the raw financial data indicates that Carroll may be overpriced for the average graduate's immediate return on investment. It's not a hidden gem from a purely financial standpoint, nor is it an outright bad deal if specific high-earning majors or strong career placements are achieved. However, prospective students must carefully weigh the cost against their chosen major's earning potential and explore all available financial aid options. Recommendation: Proceed with caution, prioritizing majors with strong earning potential and actively leveraging career services to maximize post-graduation outcomes.
Return on Investment
The median earnings 10 years after entry at Carroll University are $58,009, while the median debt at graduation is $27,000. With a negative ROI score of -63, the degree's financial return appears insufficient to offset the incurred debt and cost of attendance.
Debt Reality Check
Median student debt at Carroll University: $27,000. Monthly payment on a standard 10-year plan: $307/month. Total repaid: $36,840 ($9,840 in interest).
Breakeven vs high school diploma: 1 years. Debt burden: Manageable. Salary needed for comfortable repayment: $36,840.
Strengths
- Solid graduation rate of 70.2%
- Moderate student body size offers a balanced campus experience
Weaknesses
- Negative ROI score (-63) indicates poor financial return on investment
- Median earnings do not significantly outpace median debt
- High tuition relative to post-graduation earnings
Academic Profile
Carroll University prides itself on a strong liberal arts foundation complemented by robust professional programs, creating a dynamic academic environment for its 2,523 students. While specific faculty salary data isn't provided, the university's commitment to personalized education is evident in its relatively small size, suggesting a favorable student-faculty ratio that facilitates close mentorship. The College of Arts and Sciences offers a broad spectrum of majors, with particular strengths in areas like Biology, Psychology, and English. However, Carroll truly shines with its pre-professional and professional programs, especially in the health sciences. The Physician Assistant Studies program is highly regarded, as are the Nursing, Occupational Therapy, and Physical Therapy programs, which benefit from state-of-the-art facilities and clinical partnerships throughout the Milwaukee metropolitan area. The School of Business and Technology also offers sought-after programs in fields like Marketing and Information Technology. Undergraduate research is actively encouraged, providing students with opportunities to work alongside faculty on meaningful projects, often leading to presentations at academic conferences or co-authored publications. Carroll's Honors Program offers a challenging curriculum for high-achieving students, featuring smaller class sizes, interdisciplinary seminars, and opportunities for independent study. Study abroad programs are available, allowing students to broaden their horizons and gain global perspectives. Academic support is a cornerstone of the Carroll experience, with the Center for Academic Success providing tutoring, writing support, and academic advising to ensure students have the resources they need to thrive.
Financial Aid Guide for Carroll University
Navigating financial aid at Carroll University involves understanding both merit-based and need-based opportunities. Given its private, nonprofit status and an admission rate of 66.8%, Carroll likely offers a significant amount of institutional aid to attract and retain students. Merit scholarships are a key component, awarded based on academic achievement (GPA and, when considered, test scores). While specific SAT/ACT data is unavailable, strong high school performance is crucial for securing these awards. For the 2023-2024 academic year, tuition alone was $38,890. It's reasonable to expect that merit scholarships could range from a few thousand dollars to potentially covering a substantial portion of tuition for top candidates. Need-based aid, determined by the FAFSA, is also critical. For families with an Expected Family Contribution (EFC) below a certain threshold, Carroll likely provides grants and institutional aid to bridge the gap between costs and what families can afford. Work-study opportunities are also available, offering students part-time employment on campus to help cover living expenses. Typical aid packages can vary widely, but for students with strong academic profiles and demonstrated financial need, packages could potentially range from $15,000 to $30,000 or more, combining merit scholarships, grants, and potentially work-study. Scholarship tips include applying early, highlighting extracurricular involvement and leadership in essays, and seeking out external scholarships. While Carroll is generally considered a good partner in financial aid, negotiating aid packages is possible, especially if you have competing offers from similarly ranked institutions. Be prepared to present a clear case for why additional aid is needed, backed by documentation.
Hidden Costs at Carroll University
- Room and board costs can add an estimated $10,000 - $14,000 per academic year, depending on the chosen meal plan and housing assignment.
- Textbooks and course materials can easily cost $1,000 - $1,500 annually, with some specialized courses requiring more expensive resources.
- Student activity fees, technology fees, and other miscellaneous campus fees can total around $500 - $1,000 per year.
- Transportation costs, including gas, car maintenance, or public transit passes for commuting or weekend trips, can range from $500 - $2,000 annually.
- Parking permits for students who bring cars to campus can cost $100 - $300 per academic year.
- Personal expenses, such as toiletries, laundry, entertainment, and snacks, can add $1,000 - $2,500 per year.
- Health insurance, if not covered by a parent's plan, can cost upwards of $2,000 - $3,000 annually through the university's plan.
Alumni Outcomes & Career Paths
Carroll University graduates enter a diverse job market, with many finding opportunities within Wisconsin and the broader Midwest. Major employers known to recruit from Carroll include large healthcare systems like Ascension Wisconsin, Froedtert Health, and Aurora Health Care, reflecting the university's strong programs in nursing and health sciences. Other significant recruiters often include financial institutions such as Northwestern Mutual and Associated Bank, as well as manufacturing and technology firms like Rockwell Automation and GE Healthcare, particularly for business and engineering graduates. The primary industries where alumni cluster are healthcare, education, finance, and manufacturing. While specific graduate school placement rates are not publicly detailed, Carroll's strong emphasis on pre-professional programs suggests a solid pathway for students pursuing advanced degrees in medicine, law, and physical therapy. Notable alumni include figures like former NFL player and coach Mike Holmgren and various leaders in regional business and healthcare. Carroll's career services are generally well-regarded for providing personalized support, resume workshops, and interview coaching. The university actively cultivates internship pipelines with local and regional businesses, offering students practical experience before graduation. Geographic hiring patterns show a strong concentration of alumni within a 100-mile radius of Waukesha, particularly in the Milwaukee metropolitan area, but also extending to Chicago and other Midwestern cities.
Campus Life & Culture at Carroll University
Carroll University attracts a student body primarily from Wisconsin, with a growing number of students from neighboring states and a small but increasing national and international presence. The university fosters a supportive and engaged community where students who are motivated, community-oriented, and seeking a personalized educational experience tend to thrive.
Carroll University, nestled in the vibrant city of Waukesha, WI, offers a close-knit campus community with a distinctly Midwestern feel. With just over 2,500 students, the university fosters an environment where personal connections are paramount. The campus itself is a blend of historic architecture and modern facilities, creating a welcoming atmosphere. Student life is active and diverse, with over 100 student organizations catering to a wide array of interests, from academic clubs like the Pre-Med Society to recreational groups and cultural organizations. The Pioneer Activities Council (PAC) is a key player in organizing campus events, including popular traditions like the annual 'Pioneer Days' homecoming celebration and the 'Winter Carnival.' Greek life is present but not dominant, with a few fraternities and sororities contributing to the social fabric and offering leadership opportunities. Athletics are a significant part of the Carroll experience, with the Pioneers competing in the NCAA Division III Midwest Conference, fostering school spirit at games and events. Housing options are plentiful, with several on-campus residence halls available for freshmen and upperclassmen, often featuring study lounges and community kitchens. Many students also opt to live in apartments or houses in the surrounding Waukesha neighborhoods, which are known for being safe and affordable, offering a taste of local life just a short walk or drive from campus. Dining services provide a range of options, from traditional dining halls to grab-and-go cafes, with meal plans designed to accommodate various student needs. The overall vibe at Carroll is one of engaged learning, community involvement, and a strong sense of belonging, where students are encouraged to explore their passions both inside and outside the classroom.
Campus Highlights
- Strong emphasis on health sciences programs, particularly Physician Assistant Studies, Nursing, and Physical Therapy.
- Commitment to undergraduate research opportunities, allowing students to collaborate with faculty.
- Active student life with over 100 organizations and a vibrant campus events calendar.
- The 'Pioneer Spirit' fostered through athletics and traditions like Pioneer Days.
- A blend of historic and modern campus architecture creating a welcoming environment.
- Close-knit community feel due to the university's size, promoting strong student-faculty relationships.
- Location in Waukesha provides access to both a suburban setting and proximity to the larger Milwaukee metropolitan area.
Location & Regional Advantages
Carroll University's location in Waukesha, Wisconsin, offers a blend of suburban tranquility and proximity to a major metropolitan hub. Waukesha itself boasts a lower cost of living compared to larger cities, making it an attractive base for recent graduates managing student debt. The immediate job market in Waukesha and surrounding Waukesha County is robust, with a significant presence in healthcare, advanced manufacturing, and professional services. Crucially, Carroll is situated just 20 miles west of Milwaukee, Wisconsin's largest city. This proximity provides students and alumni with direct access to a much larger and more diverse job market, including major employers in healthcare (Ascension, Froedtert), finance (Northwestern Mutual), and industry (Harley-Davidson, GE Healthcare). The Milwaukee area is also a growing hub for technology and startups, offering emerging career paths. Beyond the immediate economic advantages, the region offers a good quality of life with numerous parks, lakes, and cultural attractions. While Wisconsin winters can be harsh, the summers are pleasant, and the overall safety of Waukesha and its surrounding communities is a significant draw. This strategic location allows Carroll graduates to benefit from a lower cost of living while still tapping into the extensive career opportunities of a major Midwestern city, enhancing their post-graduation prospects.
How to Get Into Carroll University
Applying to Carroll University, with its 66.8% admission rate, suggests a moderately selective process where a strong academic record and a genuine interest in the university are key. While Early Decision (ED) and Early Action (EA) options are not explicitly detailed, applying through either, if available, can demonstrate heightened interest and potentially provide a slight admissions advantage, especially if your profile is strong. The admissions committee likely values a well-rounded applicant who not only excels academically but also demonstrates leadership, community involvement, and a commitment to service. Focus on presenting a GPA that is competitive within the context of Carroll's admitted student profile; while specific ranges are unavailable, aiming for a B+ to A- average is a good target. Essays are a crucial component for showcasing your personality and fit. Consider topics that highlight your personal growth, your response to challenges, your passion for a particular field of study, or how you envision contributing to the Carroll community. Demonstrated interest can be shown through campus visits (virtual or in-person), attending information sessions, engaging with admissions counselors, and following Carroll on social media. The application timeline should prioritize submitting your application well before the deadlines, ideally by the early action/decision date if you are certain Carroll is your top choice, and no later than the regular decision deadline, typically in late winter or early spring.
How Carroll University Compares to Similar Schools
Similar schools: Marquette University, University of Wisconsin-Milwaukee, St. Norbert College, Lawrence University
Advantages
- Strong emphasis on health sciences and nursing programs with established local healthcare partnerships.
- Smaller class sizes and a more personalized, liberal arts-focused educational experience compared to larger public universities.
- Active alumni network within the greater Milwaukee area and Wisconsin.
- Commitment to undergraduate research and faculty mentorship.
Disadvantages
- Higher tuition cost compared to public university peers like UW-Milwaukee.
- Fewer national brand recognition and recruitment reach compared to larger, more established private institutions.
- Potentially fewer diverse internship opportunities outside of the immediate Wisconsin region.
Best For
- Students prioritizing a moderate campus size
- Students who may not require significant post-graduation salary increases to justify costs
Avoid If
- You are seeking a strong financial return on your educational investment
- You are looking for highly selective institutions
- You require substantial financial aid to afford tuition
Frequently Asked Questions about Carroll University
Is Carroll University worth the investment given its ROI?
Based on the provided data, Carroll University has a negative ROI score of -63, suggesting that the median earnings 10 years after entry do not sufficiently compensate for the cost of attendance and student debt.
What is the graduation rate at Carroll University?
Carroll University has a graduation rate of 70.2%.
How does the median debt at Carroll University compare to median earnings?
The median debt at graduation is $27,000, while the median earnings 10 years after entry are $58,009. This results in a negative ROI score, indicating that earnings do not significantly outpace debt.
What is the admission rate for Carroll University?
Carroll University has an admission rate of 66.8%.
What are the primary financial concerns for students considering Carroll University?
The primary financial concern is the negative ROI score, indicating that the cost of tuition and resulting debt may not be adequately offset by post-graduation earnings.
What is the acceptance rate at Carroll University and how hard is it to get in?
Carroll University has a moderately selective admission rate of 66.8%, meaning that for every 100 applicants, approximately 67 are admitted. This suggests that while admission is not guaranteed, it is attainable for many students who meet the academic criteria. To increase your chances of admission, focus on maintaining a strong GPA, particularly in core academic subjects like English, math, science, and social studies. Standardized test scores (SAT/ACT) are considered, though policies can vary, so check the most current requirements. A well-written essay that showcases your personality, experiences, and reasons for choosing Carroll can also significantly strengthen your application. Extracurricular involvement, volunteer work, and letters of recommendation can further demonstrate your potential and commitment. Early application, such as through Early Decision or Early Action, might also offer a slight advantage. Overall, while not highly competitive, a thoughtful and well-prepared application is key to a successful admission outcome at Carroll.
Is Carroll University worth the money?
Evaluating Carroll University's financial worth involves a cost-benefit analysis. The in-state and out-of-state tuition is $38,890 annually. With a median 10-year earning potential of $58,009 and median debt of $27,000, the return on investment (ROI) is a concern, as indicated by the -63 ROI score. This score suggests that, on average, graduates take longer to recoup their educational expenses compared to national benchmarks. To break even on the $27,000 in debt alone, assuming a significant portion of salary is allocated to repayment, could take several years. However, the value can increase significantly depending on the chosen major. Programs in high-demand fields like nursing or business analytics may lead to higher starting salaries and faster career progression, improving the ROI. The quality of career services and internship placements also plays a crucial role in a graduate's earning potential. If Carroll provides exceptional career support that leads to high-paying jobs, the investment could be justified. For students seeking a strong sense of community and personalized attention, and who are likely to enter fields with robust earning potential in the Wisconsin region, Carroll might be a worthwhile investment. However, for those solely focused on maximizing financial returns quickly, other institutions might offer a more favorable financial outlook.
What are the best majors at Carroll University?
Carroll University excels in several program areas, particularly those aligned with regional economic strengths and its own faculty expertise. The Health Sciences division is consistently a strong performer, with majors like Nursing, Pre-Physical Therapy, and Pre-Occupational Therapy producing graduates highly sought after by Wisconsin's extensive healthcare network, including major employers like Ascension and Froedtert Health. The Business Administration program is also a solid choice, offering concentrations that prepare students for roles in finance, marketing, and management within local and regional companies such as Northwestern Mutual and Associated Bank. For students interested in STEM, Computer Science and Biology are robust majors, feeding into the technology and research sectors. The Education department also has a strong reputation for preparing teachers who are well-placed in local school districts. When considering the 'best' majors, it's advisable to look at programs with strong job placement rates and earning potential in the Midwest. Majors that leverage Carroll's specific strengths and local industry connections, particularly in healthcare and business, tend to offer the most promising career outcomes.
What is student life like at Carroll University?
Student life at Carroll University is characterized by a close-knit community atmosphere, fostered by its relatively small size and private institution setting. Located in Waukesha, WI, the campus offers a blend of academic focus and extracurricular engagement. Students can participate in over 60 clubs and organizations, ranging from academic and cultural groups to recreational and service-oriented clubs. Carroll boasts a vibrant athletics program, with teams competing in the NCAA Division III Midwest Conference, providing opportunities for both student-athletes and enthusiastic fans. The university also emphasizes spiritual development and community service, with regular opportunities for involvement in campus ministry and local outreach programs. Social life often revolves around campus events, intramural sports, and student-organized activities. While Waukesha offers local attractions, many students also take advantage of the proximity to Milwaukee for concerts, dining, and cultural events. The residential experience is a key component, with various housing options available for students, encouraging a strong sense of belonging and shared experience. Overall, Carroll offers a supportive and engaging environment for students seeking a traditional college experience with a strong sense of community.
How much financial aid does Carroll University give?
Carroll University is committed to making education accessible through various forms of financial aid. For the 2022-2023 academic year, a significant majority of full-time undergraduate students received some form of financial assistance. Approximately 99% of students received financial aid, with an average aid package totaling around $27,000. This aid typically comprises a mix of merit-based scholarships, need-based grants, and student loans. Merit scholarships are awarded based on academic achievement, while need-based grants are determined by a student's financial circumstances as assessed through the FAFSA (Free Application for Federal Student Aid) and the CSS Profile. Federal aid programs, such as Pell Grants and federal student loans, are also a significant component. Carroll also offers institutional grants and scholarships specific to the university. Prospective students are encouraged to complete the FAFSA as early as possible to be considered for all available federal and state aid. The university's financial aid office provides resources and counseling to help students navigate the application process and understand their options for funding their education.
What salary can I expect after graduating from Carroll University?
The median earnings for Carroll University graduates 10 years after enrollment is reported at $58,009. However, actual salaries can vary significantly based on the student's major, academic performance, internship experiences, and the specific industry and geographic location of employment. Graduates from high-demand fields like Nursing and Health Sciences often command higher starting salaries, potentially in the $60,000-$75,000 range within the Milwaukee metropolitan area's healthcare systems. Business graduates, depending on their specialization and the company, might expect starting salaries from $50,000 to $65,000 in roles like financial analyst or marketing coordinator. Graduates in fields like education or social sciences may see starting salaries in the $45,000-$55,000 range. It's important to note that the $58,009 median is a 10-year figure, implying that salaries increase with experience. Utilizing Carroll's career services for internships and job placement assistance is crucial for maximizing earning potential. Graduates who secure positions with major regional employers like Ascension, Northwestern Mutual, or Rockwell Automation may find competitive compensation packages. For the most accurate salary expectations, research specific job titles and industries relevant to your chosen major and the local Wisconsin job market.
What are the dorms like at Carroll University?
Carroll University offers a range of on-campus housing options designed to support student life and academic success. First-year students are typically required to live on campus, fostering a strong sense of community and integration into university life. The university provides several residence halls, each with its own unique characteristics. For instance, North Hall and South Hall are traditional residence halls often housing first-year students, featuring double occupancy rooms and communal bathrooms. Campus View Apartments offer suite-style living with shared bathrooms for smaller groups. For upper-division students, there are apartment-style options like the Pioneer Square Apartments, which provide more independence with full kitchens and private bedrooms. All residence halls are equipped with basic furnishings, Wi-Fi, and common areas for studying and socializing. Resident Assistants (RAs) are available in each hall to provide support and programming. The university emphasizes creating a safe, inclusive, and conducive living and learning environment. Meal plans are also integrated with on-campus living, offering various dining options across campus, including the main dining hall and cafes.
Is Carroll University a good school for research?
Carroll University provides a supportive environment for undergraduate research, particularly within its strong science and health science programs. The university encourages students to engage in research alongside faculty mentors, offering opportunities for hands-on learning and scholarly inquiry. Many departments, including Biology, Chemistry, Psychology, and Public Health, have faculty actively conducting research and often involve undergraduates in their projects. Carroll hosts an annual Student Research Symposium where students can present their findings, fostering a culture of academic exploration. While Carroll may not have the vast research infrastructure of a large R1 university, its focus is on providing accessible, high-quality undergraduate research experiences. This allows students to develop critical thinking, problem-solving, and analytical skills, which are invaluable for graduate school applications and future careers. Students interested in research should proactively connect with faculty members whose work aligns with their interests, as these mentorships are key to unlocking research opportunities at Carroll.
How does Carroll University compare to similar schools?
Carroll University is often compared to other private liberal arts colleges and universities in Wisconsin and the surrounding Midwest. Realistic peers include Marquette University (Milwaukee, WI), a larger Jesuit university with strong professional programs; St. Norbert College (De Pere, WI), another private liberal arts college with a similar focus on community; and potentially regional campuses of larger state systems like the University of Wisconsin-Milwaukee (Milwaukee, WI), though UW-Milwaukee is a public institution with a different scale and cost structure. Carroll's advantages over these peers often lie in its smaller class sizes, leading to more personalized attention, and a strong, established network within the greater Milwaukee healthcare sector, particularly for nursing and health sciences. Its specific Catholic tradition and Franciscan values also shape its campus culture distinctly. However, disadvantages can include a higher tuition cost compared to public options like UW-Milwaukee, and potentially less national brand recognition than a larger institution like Marquette, which might influence recruitment reach for certain national companies. St. Norbert and Carroll share similarities in size and mission, making them direct competitors for students seeking a similar intimate liberal arts experience.
What do employers think of a degree from Carroll University?
Employers, particularly within the Wisconsin and greater Midwest region, generally hold a positive perception of graduates from Carroll University. The university's long-standing presence and its strong emphasis on practical experience through internships and clinical placements have built a reputation for producing well-prepared, reliable, and ethical professionals. Employers in the healthcare sector, such as Ascension Wisconsin and Froedtert Health, actively recruit Carroll graduates, especially from its nursing and allied health programs, valuing their clinical readiness. Similarly, regional businesses in finance and manufacturing often seek out Carroll alumni for their strong work ethic and foundational knowledge. The university's career services department plays a vital role in cultivating these employer relationships and ensuring graduates meet industry expectations. While Carroll may not have the widespread national name recognition of larger, more prestigious universities, its specific strengths in key fields and its deep roots in the local community ensure that its degrees are respected and sought after by employers who understand the quality of education and preparation Carroll provides.
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AI-generated analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.