Martin Luther College: Is It Worth It?
New Ulm, Minnesota · Private Nonprofit · Website
ROI Score
5.4
Net Price/Year
$18,463
avg with financial aid
10yr Earnings
$47,491
median, all graduates
Median Debt
$20,177
at graduation
Is Martin Luther College Worth It?
Graduates earn a median of $47,491 per year ten years after enrollment. With an average net price of $18,463 per year, the total estimated cost for a four-year degree is approximately $73,852.
Based on median earnings, the degree typically pays for itself in approximately 1.6 years.
The median graduate leaves with $20,177 in debt, which represents about 42%of one year's earnings at the 10-year mark.
Note: These figures reflect all graduates regardless of major. Individual outcomes vary significantly by field of study, career choices, and personal circumstances.
Earnings vs. Debt
Net Price by Family Income
Admissions Snapshot
Acceptance Rate
87.2%
Avg SAT
1090
ACT Midpoint
24
Enrollment
725
Completion & Retention
6-Year Graduation Rate
71.5%
National avg: ~60%
Retention Rate
84.7%
First-year students returning
3yr Repayment Rate
31400.0%
Grads making progress on loans
Cost Breakdown
In-State Tuition
$18,120
Out-of-State Tuition
$18,120
Avg Net Price
$18,463
After grants/scholarships
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Frequently Asked Questions
Is Martin Luther College worth the money?
Based on federal data, Martin Luther College graduates earn a median of $47,491 ten years after enrollment, with a median debt of $20,177 at graduation. The ROI score is 5.4.
What do Martin Luther College graduates earn?
The median earnings for Martin Luther College graduates is $40,760 six years after enrollment and $47,491 ten years after enrollment, according to the College Scorecard.
What is the acceptance rate at Martin Luther College?
The acceptance rate at Martin Luther College is 87.2%.
How much debt do Martin Luther College graduates have?
The median debt at graduation for Martin Luther College students is $20,177.
Data source: U.S. Department of Education College Scorecard. Earnings data reflects median earnings 10 years after enrollment for all graduates. Debt figures reflect median debt at graduation for completers. Individual outcomes may vary.