10-yr median earnings
$47,491
Federal aid recipients only
Private Nonprofit · New Ulm, Minnesota
Martin Luther College
Martin Luther College is a private nonprofit institution in New Ulm, Minnesota. as a private nonprofit, published Scorecard outcomes cover federal-aid recipients at this campus — endowment and sticker price sit outside those cohort fields.
- $47,491
- 10-yr median earnings
- 87.2%
- Acceptance rate
- $18,463
- Avg net price / yr
- 71.5%
- 150%-time completion
The verdict
Martin Luther College pairs above-median former-student earnings with open admission.
According to the U.S. Department of Education's College Scorecard.
- Top 33%
- former-student earnings, US
- 87.2%
- acceptance rate
- 71.5%
- 150%-time completion
- +17%
- earnings, 6→10 yrs
Town: Distant
Carnegie: Special Focus (4yr)
Institution data retrieved July 2026; field-of-study data retrieved March 2026.
How to read this Martin Luther College profile
Figures above come from IPEDS institution records published through the College Scorecard (retrieved July 2026 for institution fields; March 2026 for field-of-study). Peer groups and cost cohorts follow IPEDS ownership sector, Carnegie class ("Special Focus Four-Year: Other Special Focus Institutions"), and locale, not an editorial shortlist.
Average net price subtracts grant and scholarship aid from cost of attendance for full-time, first-time undergraduate Title IV recipients. It is a defined cohort average, not a personalized price; income-band fields add context but do not replace the school's current net-price calculator.
Earnings use Treasury-linked records for federally aided former students who were working and not enrolled in the measurement year (completers and noncompleters). IPEDS completion and retention use separate first-time, full-time cohorts, so those denominators are not the earnings cohort. Read cost, completion, and earnings as distinct historical measures, not a causal verdict or individual forecast.
College Value Score
C+
College Value Score
62/100
Martin Luther College
A 6-metric composite of earnings, cost, and completion outcomes benchmarked against every reporting US college, not a ranking of teaching quality, campus life, or fit for any individual student. See the full methodology.
Earnings C+
$47,491
10-year median former-student earnings
Net Price D
$18,463
Average annual cost after grants and aid
Completion Rate B
71.5%
Completion within 150% of normal time
Debt F
$20,177
Median federal debt at graduation
Loan Repayment A+
95.2%
Borrowers repaying loans within 3 years
Retention B
84.7%
First-year students returning for year two
Each axis is the percentile score shown in the breakdown at left; the shape shows this school's overall profile at a glance.
Avg net price
$18,463
After grants and scholarships
150%-time completion
71.5%
Full-time, first-time cohort
150%-time completion vs portal median (57.1%) 71.5%
Four-year-institution cohort
College ROI Quadrant - Martin Luther College vs peers
Each dot is a college plotted by 10-year median earnings (x-axis) vs average net price (y-axis), colored by completion within 150% of normal time. Bottom-right = high earnings/lower price; top-left = lower earnings/higher price.
How Martin Luther College ranks nationally
Where this school's former-student earnings fall within the full national distribution of every US college that reports to the College Scorecard, not just its peer set.
Martin Luther College: former-student earnings vs. every US college
10-year median earnings, College Scorecard
$47,491 Top 33% higher than 67% of 5,103 US colleges
Each bar is a $20K-wide band; taller bars hold more US colleges. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Department of Education, College Scorecard · Mar–Jul 2026 retrievals
| Metric | Martin Luther College | National rank | Percentile |
|---|---|---|---|
| 10-yr median earnings | $47,491 | #1709 of 5103 | 67th |
| Average net price | $18,463 | #2781 of 5020 | 45th (lower is better) |
| 150%-time completion | 71.5% | #1289 of 4858 | 73rd |
| Undergraduate enrollment | 725 | #2506 of 5462 | 54th |
National ranks count every operating US college reporting each metric to the College Scorecard, separate from the earnings histogram above.
Quick Facts
725
Undergraduate enrollment
87.2%
Acceptance rate
1,090
SAT average
71.5%
150%-time completion
$47,491
10-yr median earnings
84.7%
First-year retention
How Martin Luther College ranks in Minnesota
State rank among 96 reporting Minnesota colleges with College Scorecard data, a separate lens from the national distribution above.
| Metric | Martin Luther College | State rank | Percentile |
|---|---|---|---|
| 10-yr median earnings | $47,491 | #43 of 96 | 55th |
| Average net price | $18,463 | #52 of 82 | 37th (lower is better) |
| 150%-time completion | 71.5% | #12 of 80 | 85th |
| Undergraduate enrollment | 725 | #58 of 85 | 32nd |
Highest former-student earnings in Minnesota
| # | School | 10-yr earnings | Net price |
|---|---|---|---|
| 1 | Mayo Clinic College of Medicine and Science | $79,652 | - |
| 2 | Saint Johns University | $76,786 | $25,672 |
| 3 | Carleton College | $75,525 | $25,407 |
| 4 | University of St Thomas | $73,739 | $29,155 |
| 5 | University of Minnesota-Twin Cities | $69,020 | $16,778 |
| 6 | University of Minnesota-Rochester | $69,020 | $13,744 |
| 7 | The College of Saint Scholastica | $65,934 | $27,846 |
| 8 | Gustavus Adolphus College | $65,607 | $22,900 |
| 9 | St Olaf College | $65,543 | $23,874 |
| 10 | Metropolitan State University | $64,705 | $16,863 |
| 11 | Macalester College | $63,878 | $32,149 |
| 12 | Bethel University | $63,764 | $28,556 |
| 43 | Martin Luther CollegeThis school | $47,491 | $18,463 |
Admissions
| Admission Rate | 87.2% |
| SAT Average | 1,090 |
| ACT Average | 24 |
| ACT (25th-75th) | 21 – 28 |
Costs & Financial Aid
Net price by family income at Martin Luther College
Average annual net price after grants; Title IV recipient cohort by income bracket
- $0 – $30k
$0 – $30k
$11,233 net price / yr
- $30k – $48k
$30k – $48k
$11,749 net price / yr
- $48k – $75k
$48k – $75k
$12,811 net price / yr
- $110k+
$110k+
$22,952 net price / yr
What this shows Need-based aid pulls net price down at lower brackets at Martin Luther College - compare the bar for your income band, not the overall average alone.
Tuition & Net Price
| In-State Tuition | $18,120 |
| Out-of-State Tuition | $18,120 |
| Average Net Price | $18,463 |
27.1%
Pell Grant Rate
68.0%
Federal Loan Rate
$20,177
Median Debt
$214/mo
Monthly Payment
What students pay at Martin Luther College rose +25.6% since 2013
Average net price for the reported Title IV-recipient cohort went from $16,304 in 2013 to $20,483 in 2023, a rise of $4,179 in nominal dollars. Across the 4,315 colleges measured over the same 2013–2023 span, the median change was +14.6%.
11 reported years. Nominal dollars, not adjusted for inflation.
2013 · $16,3042023 · $20,483
Over the same years, enrollment went -1.5% (729 → 718 students).
Source: U.S. Department of Education, College Scorecard, per-year fields (2013–2023). Net price is the average cost after grant and scholarship aid for federally-aided undergraduates.
Student Demographics
Race & ethnicity
Student body at a glance
47.3%
Female
Outcomes
84.7%
Retention Rate
$40,760
Median Earnings (6yr)
51.5%
Earning Over $25K
95.2%
Loan Repayment, Completers (3yr)
Outcomes & debt snapshot
| Measure | Cohort / horizon | Value |
|---|---|---|
| Completion within 150% of normal time | First-time, full-time | 71.5% |
| First-year retention | First-time, full-time freshmen | 84.7% |
| Median earnings | 6 years after entry | $40,760 |
| Median earnings | 10 years after entry | $47,491 |
| Share earning over $25,000 | Working, not enrolled | 51.5% |
| Loan repayment rate | Completers, 3 years after leaving | 95.2% |
| Median federal student debt | At completion | $20,177 |
| Estimated monthly payment | Standard 10-year plan | $214/mo |
Programs & Earnings
| Program | Credential | Completers | Median Earnings | Median Debt |
|---|---|---|---|---|
| Teacher Education and Professional Development, Specific Levels and Methods | Bachelor's | 79 | $56,435 | $20,695 |
| Theological and Ministerial Studies | Bachelor's | 51 | $39,949 | $18,899 |
| Liberal Arts and Sciences, General Studies and Humanities | Bachelor's | - | - | - |
Explore Data-Matched Colleges
Independent Scorecard matches among reporting colleges — not recommendations from the institution or a counselor.
Similar Enrollment and Sector
Other Private Nonprofit institutions closest in reported enrollment, preferring the same Carnegie classification.
Similar Reported Net Price
Other Private Nonprofit institutions with the nearest reported average net price.
Similar 2013–2023 Net-Price Trend
Same-sector institutions with the same direction and nearest fitted annual change; only series with R² of at least 0.40 qualify.
Frequently Asked Questions
What is the acceptance rate at Martin Luther College? ▼
Martin Luther College is a private nonprofit institution in New Ulm, Minnesota. The acceptance rate is 87.2%. The average SAT score is 1,090. Undergraduate enrollment is 725 students.
How much do Martin Luther College former students earn? ▼
Federally aided former students at Martin Luther College who were working and not enrolled had median earnings of $47,491 ten years after entry; the cohort is not limited to graduates. Six years after entry, the corresponding median is $40,760.
How much does Martin Luther College cost? ▼
The average net price at Martin Luther College is $18,463. In-state tuition is $18,120 and out-of-state tuition is $18,120. Median student debt at graduation is $20,177.
What is the graduation rate at Martin Luther College? ▼
Martin Luther College has a 71.5% completion rate within 150% of normal time at a four-year institution (typically six years for a bachelor’s program). The first-year retention rate is 84.7%.
Is Martin Luther College worth the student debt? ▼
The median student debt at Martin Luther College is $20,177, while former students earn a median of $47,491 ten years after enrollment. That debt represents about 42% of those annual earnings. Among borrowers who completed their program, 95.2% are repaying their loans within 3 years. Estimated monthly loan payment is $214.
Sources & methodology
Private-nonprofit profiles emphasize Scorecard cost-after-aid and completion alongside IPEDS Carnegie class. Endowment, gifts, and sticker price are not Scorecard fields on this page.
Figures are the Mar–Jul 2026 federal retrievals. Nonprofit campuses vary widely in aid practice — net price here is the Title-IV-recipient cohort average, not an individual award letter. Read the full methodology for how the data is sourced, computed, and verified.
- College Scorecard, U.S. Department of Education - former-student earnings, cost & completion (collegescorecard.ed.gov).
- IPEDS, National Center for Education Statistics - enrollment, admissions, Carnegie class & demographics (nces.ed.gov/ipeds).
- U.S. Treasury / IRS earnings linkage - median earnings 6 & 10 years after enrollment for federal-aid recipients (irs.gov).
- College Scorecard, Field of Study - program-level (credential) earnings & debt (collegescorecard.ed.gov).
- Federal Student Aid (Title IV / NSLDS) - U.S. Department of Education - net price, student debt & aid-recipient repayment outcomes (studentaid.gov).
Where to go next from Martin Luther College
- Compare Martin Luther College against schools with similar outcomes at a lower average net price.Find similar schools that cost less
- Browse every reporting college in Minnesota side by side.Browse Minnesota
- See how fields of study differ on former-student earnings and debt.Explore programs
Nonprofit Scorecard medians describe federal-aid recipients who were working and not enrolled — they are not sticker-price ROI and not advice.
Every figure on PlainCollege is rendered directly from the U.S. Department of Education's College Scorecard data, no number is typed in by an editor. Private-nonprofit profiles compile Scorecard net-price and earnings cohorts with IPEDS structure fields — no editor-typed figures. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error on this page. Review the public data changelog. Data current as of Mar–Jul 2026 retrievals.