Theological and Ministerial Studies at Martin Luther College
New Ulm, Minnesota • Bachelor's
Median Earnings
$39,847
Graduates earn above the national average for this program
Earnings Comparison
This School
$39,847
Theological and Ministerial Studies
National Average
$34,430
All schools, same program
School Average
$34,747
All programs at Martin Luther College
Program Details
Bachelor's
Credential Level
40
Completers (IPEDS)
247
Schools Offering
Debt & ROI
$18,899
Median Debt
0.47
Debt-to-Earnings
(Favorable)
$157/mo
Est. Monthly Payment
$39,847
Median Earnings
Theological and Ministerial Studies at Other Schools
| School | Median Earnings | Median Debt |
|---|---|---|
| Nazarene Bible College | $51,692 | $37,410 |
| Hope International University | $51,643 | — |
| University of Valley Forge | $48,764 | $27,000 |
| William Jessup University | $47,102 | $21,500 |
| University of Notre Dame | $46,078 | $18,400 |
| The Master's University and Seminary | $44,574 | $21,500 |
| Moody Bible Institute | $44,574 | $15,000 |
| Saint Mary-of-the-Woods College | $43,459 | — |
| Northwest University | $42,682 | $25,000 |
| Northwest University-Center for Online and Extended Education | $42,682 | $25,000 |
Other Programs at Martin Luther College
| Program | Median Earnings | Median Debt |
|---|---|---|
| Theological and Ministerial Studies (current) | $39,847 | $18,899 |
| Teacher Education and Professional Development, Specific Levels and Methods | $38,575 | $20,695 |
| Liberal Arts and Sciences, General Studies and Humanities | $25,819 | — |
About the Data
Data from the U.S. Department of Education College Scorecard (2023). Earnings are median earnings for graduates after completion. Debt figures represent the median cumulative federal loan debt at graduation.
Debt-to-earnings ratio compares cumulative debt to annual earnings. A ratio below 1.0 indicates that annual earnings exceed total debt, generally considered favorable. Estimated monthly payments assume a standard 10-year repayment plan.