Universities/MN/Martin Luther College

Martin Luther College

New Ulm, MN ยท Private Nonprofit ยท 725 students

Visit Website โ†—
$47k
Median earnings 10 years
after starting college
87%Acceptance Rate
72%Graduation Rate
OverviewAcademicsCost & AidAdmissionsAfter CollegePrograms๐Ÿ“ˆ ROI Calculator

Martin Luther College at a Glance

Total Students725
TypePrivate Nonprofit
Graduation Rate71.5%
Retention Rate84.7%
Acceptance Rate87.2%
SAT Average1090
First-Gen StudentsN/A
Pell Grant Recipients27.1%

Graduate Earnings

Median earnings of students who received federal financial aid, measured after entering college.

$41k
6 Years After
Many still in school
$44k
8 Years After
Early career
$47k
10 Years After
Mid career
51.5% of students earn over $25,000 within 6 years of starting college

Cost Overview

Full Cost Details โ†’
$18,120
In-State Tuition
Per year
$18,120
Out-of-State Tuition
Per year
$18,463
Average Net Price
After aid โ€” what most pay
$20,177
Median Student Debt
At graduation

Most Popular Programs

Education53% of graduates
๐ŸŽ“ Academics
Graduation rate, retention, SAT/ACT
๐Ÿ’ฐ Cost & Aid
Tuition, net price, financial aid
๐Ÿ“‹ Admissions
Acceptance rate, test scores
๐Ÿ’ผ After College
Earnings, debt, loan repayment

INSTITUTIONAL RESOURCES

Endowment$28,011,103
Avg Faculty Salary$5,088/yr
Spend per Student$11,791/yr
๐Ÿ“Š Data sourced from U.S. College Scorecard (Dept. of Education). Figures represent recent academic year estimates.

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$74k earnings76% grad rate
University of Minnesota-Rochester
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University of Minnesota-Twin Cities
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$69k earnings85% grad rate

Martin Luther College โ€” Overview

Martin Luther College is a private_nonprofit located in New Ulm, Minnesota. The university enrolls approximately 725 students. It has a graduation rate of 71.5%, which is above average for US universities.

Graduates of Martin Luther College earn a median salary of $47,491 per year 10 years after starting college, compared to the US national average of $45,000. This puts Martin Luther College graduates 6% above the national median.

Tuition at Martin Luther College is $18,120 for in-state students and $18,120 for out-of-state students. The average net price after financial aid is $18,463 per year.

Martin Luther College has an acceptance rate of 87.2%, making it moderately selective. The average SAT score for admitted students is 1090.

Frequently Asked Questions

Is Martin Luther College worth it?+

Based on graduate outcomes data, Martin Luther College graduates earn a median salary of $47,491 per year 10 years after starting college โ€” 6% above the national average of $45,000. With an average net price of $18,463/year, graduates typically recoup their investment relatively quickly.

What do Martin Luther College graduates earn?+

Martin Luther College graduates earn a median salary of $47,491 per year 10 years after starting college. Six years after starting, the median earnings are $40,760. Earnings vary significantly by major and career path.

How much does Martin Luther College cost?+

Tuition at Martin Luther College is $18,120 for in-state students and $18,120 for out-of-state students per year. After financial aid, the average net price is $18,463/year.

What is the graduation rate at Martin Luther College?+

Martin Luther College has a graduation rate of 71.5%. The first-year retention rate is 84.7%, indicating moderate student retention.

How hard is it to get into Martin Luther College?+

Martin Luther College has an acceptance rate of 87.2%, making it moderately selective. The average SAT score for admitted students is 1090.

How much student debt do Martin Luther College graduates have?+

The median student debt for Martin Luther College graduates is $20,177. With median earnings of $47,491, graduates can typically pay off their loans in a reasonable timeframe.

Data is automatically aggregated from public government sources and may be inaccurate. For informational purposes only. Always verify from official sources before making any decision. Terms of Use