Martin Luther College

New Ulm, MN · Private nonprofit · Graduate degree-granting

Martin Luther College is a private nonprofit institution in New Ulm, Minnesota, accredited by the Higher Learning Commission. With 725 students, it is a small institution. Graduates earn a median of $47,491 ten years after enrollment, which is 17% above the national median of $40,747. In terms of completion, the graduation rate is 71.5%. Regarding affordability, median graduate debt is $20,177, yielding an earnings-to-debt ratio of 2.35x. The average net price after financial aid is $18,463 per year. The most popular programs include Teacher Education, Theology and Religious Vocations, Other, Secondary Education, Theological and Ministerial Studies, and Education.

Key Outcomes

Median Earnings (10yr)
$47,491
Graduation Rate
71.5%
Median Debt
$20,177
Average Net Price
$18,463
Earnings-to-Cost Ratio
0.64x
Earnings-to-Debt Ratio
2.35x

Admissions & Enrollment

Total Enrollment
725
Admission Rate
87.2%
Average SAT
1090
Retention Rate
84.7%

Cost

In-State Tuition
$18,120
Out-of-State Tuition
$18,120
Pell Grant Rate
27.1%
Federal Loan Rate
68.0%

Net Cost by Family Income

Income $0–$30K
$11,233
Income $30K–$48K
$11,749
Income $48K–$75K
$12,811
Income $110K+
$22,952

Student Demographics

Women
47.3%
White
90.1%
Black
1.5%
Hispanic
1.7%
Asian
0.8%
Two or More Races
2.6%

Student Loan Performance

Repayment Rate (3yr)
89.8%

Accreditations

Programs (15)

Bachelor (5)

Program Median Earnings Completers
Teacher Education $56,435 89
Secondary Education Not reported 40
Theological and Ministerial Studies $39,949 35
Education, Other Not reported 5
Theology and Religious Vocations, Other Not reported 3

Master (2)

Program Median Earnings Completers
Education Not reported 9
Educational Administration Not reported 6

Undergraduate Certificate (3)

Program Median Earnings Completers
Theology and Religious Vocations, Other Not reported 52
Educational Administration Not reported 5
Theological and Ministerial Studies Not reported 3
Show 5 additional programs with limited data
Program Level Completers
Special Education Bachelor 2
Pastoral Counseling and Specialized Ministries Undergraduate Certificate 2
Special Education Master 1
Missions/Missionary Studies and Missiology Undergraduate Certificate 1
Theological and Ministerial Studies Master 1

Rankings Featuring This Institution

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