Carleton College is a private institution that was founded in 1866. Carleton College's ranking in the 2012 edition of Best Colleges is National Liberal Arts Colleges, 6. Its tuition and fees are $42,942 (2011-12). Carleton College is located in the historic river town of Northfield, Minn. The Carleton Knights have 19 varsity athletic teams competing in the NCAA Division III Minnesota Intercollegiate Athletic Conference.