Martin Luther College

What the IPEDS & College Scorecard Data Shows for Martin Luther College

Martin Luther College operates as a private nonprofit institution located in New Ulm, Minnesota (town: distant), with a total reported enrollment of 725 students of which 1,048 are undergraduates. Institution-level records in the Integrated Postsecondary Education Data System (IPEDS) classify each school by Carnegie category, ownership sector, and urban/rural locale, which is how this profile’s peer group and cost cohort are determined. Martin Luther College is categorized as “32” under the Carnegie classification system, a meaningful signal when comparing like-to-like institutions.

Selectivity and financial signals give context to what applicants can expect. The reported admission rate is 87.2%, drawn from the most recent IPEDS Fall enrollment survey, with an average SAT of 1,090 and an ACT midpoint of 24. The average net price after grants and scholarships is $18,463, with published in-state tuition of $18,120 and a Pell grant recipient share of 27.1%. Median federal student debt at graduation is $20,177, drawn from the U.S. Treasury-matched College Scorecard file.

Outcomes reveal whether the investment pays back. The 4-year completion rate is 71.5%, and the first-year retention rate is 84.7%. Graduates earn a median of $47,491 ten years after enrolling, compared with $40,760 six years post-enrollment. Within three years of entering repayment, 31400.0% of borrowers are making progress on their federal loans, and 51.5% of graduates earn above the high-school threshold. Treating these numbers as a single snapshot alongside the cost cohort is the standard approach for evaluating ROI under the College Scorecard methodology.