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Colleges / MN / New Ulm
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Martin Luther College

Private nonprofit New Ulm, MN · Town · Plains · 93% data reported · Agent Insights
71%
Graduation Rate
$47,491
Earnings (10yr)
$18,463
Net Price
87%
Acceptance Rate

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Overview

Martin Luther College in New Ulm, Minnesota, is an excellent fit for students looking to pursue a career in education. With an enrollment of 725 and an acceptance rate of 87%, it welcomes a diverse range of learners. Students here often dive deep into programs that equip them to teach, shaping future generations. The strong sense of community and focus on education makes it a unique place for those passionate about making a difference.

After graduation, students can expect to earn around $47,491 within ten years. This figure highlights the potential for financial stability that graduates can achieve, especially in the education field. While the data doesn’t specify mobility rates, it’s clear that a degree from Martin Luther College can lead to meaningful employment and a strong foundation for future advancement. The affordability of the college also plays a role in this success, as it offers a solid education without overwhelming financial burdens.

The bottom line for students considering Martin Luther College is the net price after aid, which stands at $18,463. This figure creates a manageable financial environment, especially when compared to the median debt of $20,177 that graduates typically carry. Students who thrive here often share a commitment to service and a desire to contribute positively to their communities, making it an ideal choice for those dedicated to a career in education without the weight of excessive debt.

Rankings

How Martin Compares

Dot right of center = above national average.

NATIONAL AVGGraduation71%Earnings 10yr$47KNet Price$18KRetention85%Median Debt$20KPell Grant Rate27%

Net Price by Family Income

What families actually pay after aid, by income bracket.

$11K$0-30K$12K$30-48K$13K$48-75K$23K$110K+

Cost & Financial Aid

$18,120
In-State Tuition
$18,120
Out-of-State
$18,463
Avg Net Price
$20,177
Median Debt
27%
Pell Grant Rate
68%
Federal Loan Rate

What Families Actually Pay

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

Graduate Outcomes

$40,760
6 Years After Entry
$43,748
8 Years
$47,491
10 Years
0.42x
Debt-to-Earnings
52%
Earning > $25K

Earnings Trajectory

$40,760 6yr $43,748 8yr $47,491 10yr

Social Capital

Data: Opportunity Insights Social Capital Atlas

1.66
Economic Connectedness
Cross-class friendships
-0.01
Friending Bias
Lower = more inclusive
2.2%
Volunteering Rate
1.00
Support Ratio
Community support

Academics & Admissions

Acceptance Rate 87%
Retention Rate 85%
SAT Average 1090
ACT Midpoint 24
ACT Range 21–28
Full-Time Faculty 80%
Faculty Salary (mo) $5,088
Diversity Index 0.19

Top Programs

Education 53%