Martin Luther College

New Ulm, MN · Private nonprofit · Visit Website

Martin Luther College is set on an 88-acre campus overlooking the Minnesota River, near the Hermann Heights Monument. The campus includes the architecturally significant Old Main building and the Chapel of the Christ. As a college operated by the Wisconsin Evangelical Lutheran Synod, its focus is on training students for ministry and teaching roles within the WELS. Students can also participate in NCAA Division III athletics as part of the Upper Midwest Athletic Conference.

Programs Analyzed
2
Avg Grad Earnings
$31,016/yr
Avg DegreeOutlook Score
42/100
Tuition (Sticker Price)
$17,770/yr

Financial Aid & Net Price

What students actually pay after grants and scholarships, by family income. 23% of students receive Pell Grants and 70% take federal loans.

Family Income Avg Net Price/yr 4-Year Net Cost Net-Price ROI
$0 – $30K $12,474 $49,896 6.2x
$30K – $48K $14,427 $57,708 5.4x
$48K – $75K $17,415 $69,660 4.5x
$75K – $110K $21,090 $84,360 3.7x
$110K+ $24,323 $97,292 3.2x
Sticker price (no aid) $17,770 $71,080 4.4x

Net price = tuition + fees + room & board minus grants and scholarships. ROI = average 10-year graduate earnings ÷ 4-year net cost. Source: IPEDS Student Financial Aid survey via College Scorecard.

All Programs at Martin Luther College

2 degree programs ranked by DegreeOutlook Score. Click any program for full AI scenario analysis and 10-year earnings projections.

Program DW Score Earnings AI Risk ROI
Teacher Education
Compare across schools
54 $46,706/yr High 5.1x
Theological and Ministerial Studies
Compare across schools
31 $15,327/yr Moderate 9.1x
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Scores use College Scorecard earnings, BLS employment projections, and AI task-exposure research. See full methodology →