# Martin Luther College (MLC)

Private nonprofit college in New Ulm, MN. IPEDS ID 173452.
Source page: https://educationguide.com/colleges/martin-luther-college · Data: https://educationguide.com/data/colleges/martin-luther-college.json · Method: https://educationguide.com/how-we-score

## Key numbers
- Acceptance rate: 87% (Fall 2024, College Scorecard)
- Average net price after grants: $18,463 per year (AcadYr 2023-24, reported in IPEDS DCY2024-25)
- Graduation rate (6 years): 72%; beats 78% of MN colleges and 81% nationwide
- Median earnings 10 years after starting: $47,491; beats 14% of MN colleges and 33% nationwide
- Median debt at graduation: $16,606

## Net price by family income (per year, after grants)
| Family income | Net price |
|---|---|
| 0-30k | $11,233 |
| 30-48k | $11,749 |
| 48-75k | $12,811 |
| 75-110k | $18,241 |
| 110k+ | $22,952 |

Average after grants for first-time, full-time students receiving federal aid. Negative values mean grants exceed cost.

## Cost to finish and years to pay back (EducationGuide calculation)
Graduates took 4.42 years on average (46% finished in 4 years; Fall 2017 entrants, IPEDS). Earnings gain = $47,491 (median earnings of former students 10 years after starting college (College Scorecard)) minus $38,184 for high school graduates ages 25-34 in MN (Census ACS 2020-2024).

| Family income | Net price / yr | Cost to finish | Years to pay back |
|---|---|---|---|
| 0-30k | $11,233 | $49,650 | 5.3 years |
| 30-48k | $11,749 | $51,931 | 5.6 years |
| 48-75k | $12,811 | $56,625 | 6.1 years |
| 75-110k | $18,241 | $80,625 | 8.7 years |
| 110k+ | $22,952 | $101,448 | 10.9 years |

Method: https://educationguide.com/how-we-score#value

## Sticker price
- Cost of attendance: $29,250
- Tuition and fees: $18,120
- Housing and meals: $7,280; books: $600

## Admissions
- SAT reading & writing: not reported; SAT math: not reported; ACT: 21–28 (25th–75th percentile, Fall 2024)
- Fall 2023: 218 applicants, 180 admitted, 150 enrolled; test scores considered but not required
- Fall 2024: acceptance 87%, ACT 21–28 (College Scorecard)
- Fall 2023: acceptance 83%, ACT 22–27 (IPEDS Admissions)

## Majors (7 bachelor's majors)
| Major | Earnings 1 yr | Earnings 4 yrs | Median debt |
|---|---|---|---|
| Education (Elementary / Secondary) | $46,706 | $56,435 | $21,500 |
| Theology / Ministry | $15,327 | $39,949 | $18,949 |
| Special Education | not reported | not reported | not reported |
| Education (Subject Teaching) | not reported | not reported | not reported |
| Education, Other | not reported | not reported | not reported |
| Liberal Arts / General Studies | not reported | not reported | not reported |
| Theology and Religious Vocations, Other | not reported | not reported | not reported |

## Major to career
- Education (Elementary / Secondary) → Elementary school teacher: median wage not reported (metro), $76,350 (MN), $63,970 (U.S.)
- Special Education → Special education teacher: median wage not reported (metro), $67,620 (MN), $65,120 (U.S.)

## Sources and years
- Net price: AcadYr 2023-24, reported in IPEDS DCY2024-25; cost of attendance: AcadYr 2023-24, reported in IPEDS DCY2024-25; tuition: AcadYr 2024-25, reported in IPEDS DCY2024-25
- Graduation: Fall 2018 or AcadYr 2018-19 cohort (differs by institutional calendar), reported in IPEDS DCY2024-25; earnings: Treasury AY2009-10, AY2010-11 pooled cohort measured in CY2020, CY2021, inflation adjusted to 2022 dollars; debt: NSLDS FY2020, FY2021 pooled cohorts
- Major earnings (4 yr): Treasury AY2017-2018, AY2018-2019 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars

Free to reuse with attribution: cite "EducationGuide.com" with a link to the page URL. Most figures are U.S. government data (public domain); loan default rates and athletics come from the Urban Institute Education Data Portal (ODC-By 1.0, attribution required) and founding years from Wikidata (CC0).