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Private nonprofit · 4-year

Martin Luther College

New Ulm, Minnesota

31
F
DR Rating
DegreeReturn Rating — Poor value

A 0–100 composite of ROI, graduate earnings, net price, debt and graduation rate. How it’s scored.

Poor return
$-100,055 over 10 years

Estimated for a typical student paying the average net price over 4 years.

On these figures the cost and debt outweigh the earnings premium.

Never
Break-even
-123%
10-year ROI
$43,115
Median earnings as of 2024
68% of Martin Luther College students earn more than a typical U.S. high-school graduate (about $28,000/yr) ten years after starting — measured from IRS tax records, not surveys.

The numbers behind the verdict

$18,463
Average net price / yr as of 2024
$43,115
Median earnings (5 yr) as of 2024
$31,017
Median earnings (1 yr) as of 2024
$20,177
Median debt at graduation as of 2024
72%
Graduation rate as of 2024
68%
Earn more than a HS grad as of 2024
95%
Repaying their loans (3 yr) as of 2024
85%
Retention rate as of 2024

Lifetime ROI: the long view

Cumulative net gain over a high-school-only earner at different career lengths, with tuition and debt interest already subtracted. Built on IRS-verified federal earnings — not self-reported surveys.

$-100,055
After 10 years
$-118,905
After 20 years
$-137,755
After 30 years
$-156,605
After 40 years

Conservative: holds year-5 earnings flat (no raises). Adjust the assumptions, or see the highest 20-year ROI colleges.

Equity & access

Who the college serves and whether the payoff reaches everyone — earnings ten years after starting (IRS-linked), with access measures from federal enrollment data.

By gender
Women
$40,285
Men
$59,661

32% gap between the two groups

By family-income background
From lower-income families
$50,759
From higher-income families
$48,931

4% gap between the two groups

By student status (FAFSA)
Dependent students
$46,743
Independent students
$59,304

21% gap between the two groups

First-generation students
68%
Take federal student loans
95%
Born in the U.S.
Who studies here
White 90%Hispanic 2%Asian 1%Black 2%Other 6%

Undergraduate enrollment by race/ethnicity. Federal data does not report earnings by race.

Net price by family income

What students actually pay after grants and scholarships, by household income as of 2024.

Family incomeAverage net price / yr
Family income $0–$30k$11,233
$30k–$48k$11,749
$48k–$75k$12,811
$75k–$110k$18,241
$110k+$22,952

How Martin Luther College compares

This college against the Minnesota and national averages — higher earnings and lower cost/debt are better.

Graduate earnings over time

Median earnings of Martin Luther College students 10 years after entering, by cohort year as of 2024.

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Best-paying majors at Martin Luther College

Fields of study ranked by their own ROI — earnings five years after graduating against the cost and debt. Click a major for the deep dive.

MajorCredentialEarnings (5 yr)Median debt10-yr ROIVerdict
Theological and Ministerial StudiesAssociate's$71,992$18,899+516%Strong return
Teacher Education and Professional Development, Specific Levels and MethodsAssociate's$43,115$20,695-142%Poor return
Liberal Arts and Sciences, General Studies and HumanitiesAssociate's$36,403-333%Poor return

Calculate your own ROI

Adjust the assumptions for your situation — the verdict, break-even and chart update live.

ROI at Martin Luther College

Or pick your to set cost

Estimates from federal data; your result will vary. How this works.

10-yr net gain
Break-even
10-yr ROI

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Admissions & profile

87%
Admission rate
1,090
Average SAT
24
Median ACT
725
Undergraduates

Location

Source: U.S. Department of Education, College Scorecard. ROI is computed by Degree Return — see how. Read the methodology. Data as of 2024.

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