New Ulm, MN · Private University
Is Martin Luther College Worth It?
ROI analysis based on real earnings and cost data
Key Numbers
10-Year Earnings
$47,491
median, 10 years after enrollment
In-State Tuition
$17,770
per year
Out-of-State Tuition
$17,770
per year
Total 4-Year Cost
$71,080
tuition only (4 years)
ROI Ratio
2.67x
earnings ÷ annual tuition
Payback Period
5.7 yrs
years to recoup total cost
Graduation Rate
71.4%
6-year graduation rate
Median Debt
$20,177
at graduation
Avg Net Price
$20,483
after aid & scholarships
Earnings vs. Annual Cost
10-year median earnings compared to annual tuition
Martin Luther College graduates earn $2,491 more than the national median of workers with any education level.
What You'd Actually Pay
Average net price after grants and scholarships, by family income
Source: IPEDS net price data. Actual costs vary based on individual financial circumstances.
Highest-Earning Majors
Top programs at Martin Luther College ranked by graduate earnings
65 graduates
158 graduates
Earnings shown are 4-year post-graduation medians where available, otherwise 1-year medians.
ROI by Major at Martin Luther College
All available majors ranked by graduate earnings. Your major matters as much as your school.
| Major | Earnings | ROI |
|---|---|---|
| Theological and Ministerial StudiesBest ROI | $39,847 | 2.2x |
| Teacher Education and Professional Development, Specific Levels and Methods | $38,575 | 2.2x |
Earnings are 4-year post-graduation medians where available, otherwise 5-year or 1-year. ROI = earnings ÷ annual tuition.
The Bottom Line
Martin Luther College stands out as a strong financial investment among U.S. colleges. Graduates earn $47,491 10 years after starting, $2,491 above the national median of $45,000. The investment pays for itself in roughly 5.7 years, faster than most colleges.
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Earnings data from the U.S. Department of Education College Scorecard. Tuition data from IPEDS. ROI calculations are for informational purposes only and reflect median outcomes.