Martin Luther College Theology / Ministry: earnings, debt & careers

Theology / Ministry graduates of Martin Luther College earn a median $39,949 four years after graduating ($15,327 after one year), with median federal loan debt of $18,949. That is $6,789 below the U.S. median for Theology / Ministry graduates ($46,738 across 24 colleges), and ranks 2nd of 2 Minnesota colleges.

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Earnings, 4 years after graduating
$39,949

U.S. median for this major: $46,738.

College Scorecard field of study; 65 graduates with earnings reported

Earnings, 1 year after
$15,327

Median for graduates who received federal aid.

College Scorecard field of study

Median debt at graduation
$18,949

About 47% of median earnings 4 years out. U.S. median $24,958.

College Scorecard field of study (federal loans)

What your family pays
$18,463 /yr

Average after grants for all families receiving federal aid. Pick your income above.

Sticker price $29,250. College Scorecard.

MLC Theology / Ministry: pay against the field, and payback

Same major, other colleges

MLC graduates$39,949

Fewer than 3 Minnesota colleges report earnings for this major, so there is no state median.

U.S. median (24 colleges)$46,738 (−$6,789)

Median earnings 4 years after graduating; state and U.S. figures are the median of each covered college's graduates in this major. College Scorecard; calculated by EducationGuide.

Theology / Ministry nationally: jobs, pay at ages 25-34, every state →

Cost to finish and years to pay back, by income

Uses MLC's school-wide net price (no college reports it by major) and this major's graduate earnings.

Family incomeNet price / yrCost to finishYears to pay back
$0–30k$11,233$49,650more than 20 years
$30–48k$11,749$51,931more than 20 years
$48–75k$12,811$56,625more than 20 years
$75–110k$18,241$80,625more than 20 years
$110k+$22,952$101,448more than 20 years

Cost to finish = yearly price × 4.4 years, the average time graduates took (46% finished in 4 years; students who entered fall 2017, IPEDS). Years to pay back = cost to finish ÷ the earnings gain: median earnings of Theology / Ministry graduates 4 years after graduating ($39,949) minus $38,184 for high school graduates ages 25-34 in MN (Census ACS 2020-2024), a gain of $1,765 a year. Before taxes, loan interest and earnings given up while in school. Method

College Scorecard; IPEDS Graduation Rates; U.S. Census Bureau ACS. Calculated by EducationGuide.

Theology / Ministry at Minnesota colleges

Every Minnesota college we cover that reports Theology / Ministry graduate earnings, highest first. Net price is the school-wide average after grants.

RankCollegeEarnings, 4 yrsMedian debtAvg. net priceGraduation
1University of Northwestern-St Paul$47,802$22,000$27,70568%
2Martin Luther College$39,949$18,949$18,46372%

8 more Minnesota colleges offer Theology / Ministry but have too few graduates to report earnings.

Careers for Theology / Ministry graduates

Clergy

Minnesota$61,230
U.S.$60,810

Median annual wage, all workers. U.S. jobs +2.4% by 2035. Typical entry: bachelor's degree.

BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35. Careers from the federal major-to-occupation crosswalk.

What families pay at MLC, by income

School-wide average after grants for students receiving federal aid. Tap your band.

College Scorecard

About MLC

MLC Theology / Ministry questions

How much do MLC Theology / Ministry graduates earn?

Theology / Ministry graduates of Martin Luther College earn a median $39,949 four years after graduating and $15,327 one year after. The U.S. median for Theology / Ministry graduates across 24 colleges is $46,738.

How much debt do MLC Theology / Ministry graduates have?

The median federal loan debt for Theology / Ministry graduates of Martin Luther College is $18,949, about 47% of their median earnings four years out. Nationally the median is $24,958.

Where does MLC rank for Theology / Ministry in Minnesota?

Of 2 Minnesota colleges reporting Theology / Ministry graduate earnings, Martin Luther College ranks 2nd. The highest is University of Northwestern-St Paul at $47,802.

What jobs do Theology / Ministry graduates get?

A common career is clergy, with a median wage of $61,230 in Minnesota and $60,810 nationally.

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Sources: U.S. Department of Education College Scorecard (field of study: median earnings and federal loan debt of graduates who received federal aid); BLS. How we score
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Cite this: “Martin Luther College Theology / Ministry: earnings, debt and careers,” EducationGuide.com, https://educationguide.com/colleges/martin-luther-college/majors/theology-ministry (College Scorecard and BLS data).