New Ulm, Minnesota · Private Non-Profit ·Town

Martin Luther College

Exceptional Investment ROI grade · Top 62% value

87.2% Acceptance $18,463 Avg net price 71.5% Graduate $47,491 Median earnings 725 Students

Visit official site → See cost & ROI

At a glance

Basics

Type: Private Non-Profit
Setting: Town
Enrollment: 725 students
Women / Men: 53.7% / 46.3%

Admissions

Acceptance rate: 87.2%
ACT (mid 50%): 21–28

Cost

Avg net price: $18,463
Sticker price: $29,250
Tuition (in-state): $18,120
Tuition (out-of-state): $18,120

Outcomes

Graduation rate: 71.5%
Retention rate: 84.7%
Median earnings (10y): $47,491
Median debt: $20,177 (~$219/mo)

Financial aid

On Pell grants: 27.1%
Take federal loans: 68%

All majors at Martin Luther College

12 programs listed in federal data. Every row opens a school-specific page; listings without a positive program signal stay available for users but out of Google's index.

Major	Program signal
Teacher Education and Professional Development, Specific Levels and Methods	31.5%
Theological and Ministerial Studies	21.4%
Theology and Religious Vocations, Other	17.1%
Teacher Education and Professional Development, Specific Subject Areas	11.7%
Education, General	5.5%
Educational Administration and Supervision	5.5%
Education, Other	2.3%
Special Education and Teaching	1.9%
Pastoral Counseling and Specialized Ministries	1.9%
Missions/Missionary Studies and Missiology	1.2%
Educational/Instructional Media Design	Listed
Liberal Arts and Sciences, General Studies and Humanities	Listed

Cost & ROI

Is Martin Luther College worth it?

Pay $18,463/yr after aid. Graduates earn a median of $47,491 ten years out — about 2.6× the annual cost. Value grade: C.

Avg net price: $18,463/yr
Median earnings: $47,491/yr (10y out)
Median debt: $20,177~$219/mo
4-year est. cost: $73,852net of aid

Full cost & ROI breakdown →

Frequently asked questions

What is Martin Luther College's acceptance rate?

Martin Luther College admits 87.2% of applicants — accessible on admissions, compared to the national average of 72.3%.

How much does Martin Luther College cost per year?

The average annual net price — what students actually pay after grants and scholarships — is $18,463. The sticker price before any aid is $29,250, so most students receive substantial discounts. Over four years that net cost adds up to roughly $73,852.

How much debt do Martin Luther College graduates have?

Graduates leave Martin Luther College with a median federal student loan balance of $20,177, which works out to about $219 per month on a standard 10-year repayment plan. About 68% of students take federal loans.

Is Martin Luther College worth the cost?

Ten years after enrolling, Martin Luther College graduates earn a median of $47,491 per year (national median: $50,834). That's about 2.6× the annual net price. EduGradify assigns Martin Luther College a value grade of C.

What is the graduation rate at Martin Luther College?

71.5% of full-time undergraduates graduate from Martin Luther College within six years of enrolling — national average is 49.9%. First-year retention is 84.7%.

What are the most popular majors at Martin Luther College?

12 programs are listed in federal data; 10 have positive share data. The largest reported major at Martin Luther College is Teacher Education and Professional Development, Specific Levels and Methods (31.5%), followed by Theological and Ministerial Studies (21.4%).

What percent of Martin Luther College students receive financial aid?

27.1% of Martin Luther College students receive a federal Pell Grant — the main need-based federal aid program. 68% take federal student loans.

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