Martin Luther College vs Massachusetts Institute of Technology

New Ulm, MN — Cambridge, MA

Metric
Martin Luther College
New Ulm, MN
Massachusetts Institute of Technology
Cambridge, MA
Location New Ulm, MN Cambridge, MA
Type Private Nonprofit Private Nonprofit
Total Enrollment 725 4,535
Acceptance Rate 87.2% 4.5%
SAT Average 1,090 1,560
In-State Tuition $18,120 $62,396
Out-of-State Tuition $18,120 $62,396
Avg Net Price $18,463 $20,111
Median Debt at Graduation $20,177 $14,768
4-Year Graduation Rate 71.5% 96.2%
Retention Rate 84.7% 99.1%
Median Earnings (6 yr) $40,760 $131,633
Median Earnings (10 yr) $47,491 $143,372
Loan Repayment Rate 31400.0% 58700.0%

Values highlighted in green indicate the better metric. Source: U.S. Department of Education College Scorecard.

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Martin Luther College
New Ulm, MN
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Massachusetts Institute of Technology
Cambridge, MA
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Frequently Asked Questions

How do Martin Luther College and Massachusetts Institute of Technology compare?
Martin Luther College (New Ulm, MN) has an acceptance rate of 87.2%, in-state tuition of $18,120, and median 10-year earnings of $47,491. Massachusetts Institute of Technology (Cambridge, MA) has an acceptance rate of 4.5%, in-state tuition of $62,396, and median 10-year earnings of $143,372.
Which school has higher graduate earnings, Martin Luther College or Massachusetts Institute of Technology?
Massachusetts Institute of Technology graduates earn more at 10 years out, with a median of $143,372 vs $47,491. Source: U.S. Department of Education College Scorecard.
Which school is more affordable, Martin Luther College or Massachusetts Institute of Technology?
Based on average net price (after grants and scholarships), Martin Luther College is the more affordable option at $18,463 per year versus $20,111.
Which school has a better 4-year graduation rate?
Massachusetts Institute of Technology has the higher 4-year graduation rate: 96.2% vs 71.5%.

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All data from the U.S. Department of Education College Scorecard. PlainCollege is not affiliated with any government agency.

Related

Source: U.S. Department of Education — College Scorecard College Scorecard institution outcomes (earnings, completion, debt) · 2025