New Ulm, MN

Martin Luther College

Repayment outcome

94.6%

of borrowers were paying down their loan principal five years after entering repayment. Higher means more graduates can afford what they borrowed.

Money

$18,000–$54,600

middle 50% · median $40,400

Federal aid recipients · 10 yrs after entry · US Dept of Ed

College Scorecard reports earnings 10 years after a student first enrolled, not after graduation. The sample includes only federal aid recipients and counts non-completers alongside graduates, which can pull the number down at selective schools where many students never borrow. Treat it as a conservative floor, not a forecast.

Net price

after grants & scholarships

$16,304

Median debt

of borrowers at graduation

$14,999

Sticker price

before any aid

$20,740

Default rate

2.8%

Earnings by major

Median 1–2 yrs after completion · Scorecard field-of-study data

A different measurement than the 10-year headline above. These are early-career numbers for students who finished the degree, 1–2 years out — they tend to read higher because they exclude non-completers and are measured right out of school.

Education$37,856
Liberal Arts$18,771
Theology$15,472

Academics

Acceptance

96.2%

Avg SAT

1,125

Enrollment

729

What students study

2 fields offered

Education

65% of degrees awarded — the most popular field

02Theology35.0%