{"@context":"https://schema.org","@type":"EducationalOccupationalProgram","data_version":"1.0","generated_from":"2026-10-12","license":"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).","url":"https://educationguide.com/colleges/martin-luther-college/majors/theology-ministry","ids":{"ipeds_unitid":173452,"cip4":"39.06","school_slug":"martin-luther-college","major_slug":"theology-ministry"},"school":{"name":"Martin Luther College","city":"New Ulm","state":"MN","control":"Private nonprofit","url":"https://educationguide.com/colleges/martin-luther-college","data":"https://educationguide.com/data/colleges/martin-luther-college.json"},"major":{"name":"Theology / Ministry","area":"Humanities & Languages","credential":"Bachelor's degree"},"outcomes":{"median_earnings_1yr":15327,"median_earnings_4yr":39949,"median_debt":18949,"debt_to_earnings_4yr":0.474,"year":{"earnings_1yr":"Treasury AY2018-19, AY2019-20 pooled earnings cohort measured in CY2020, CY2021, inflation adjusted to 2022 dollars","earnings_4yr":"Treasury AY2017-2018, AY2018-2019 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars","debt":"NSLDS pooled AY2018-19, AY2019-20 cohort"},"source":"College Scorecard field of study (graduates who received federal aid)"},"national":{"colleges_reporting":24,"median_earnings_4yr":46738,"median_debt":24958},"compared_with_same_major":{"calculated_by":"EducationGuide","state":null,"us":{"colleges_reporting":24,"median_earnings_4yr":46738,"difference":-6789},"note":"State and U.S. medians are the median of each covered college's graduates in this major (4 years after graduating); a state median is published when at least 3 colleges in the state report earnings."},"value":{"calculated_by":"EducationGuide","time_to_finish":{"average_years_among_graduates":4.42,"finished_in_4_years":0.456,"finished_within_6_years":0.7143,"cohort":182,"entering_class":"Fall 2017","source":"IPEDS Graduation Rates (bachelor's-seeking cohort)"},"baseline":{"median_earnings_high_school_graduates":38184,"geography":"MN","ages":"25-34","years":"2020-2024","respondents":4950,"description":"high school graduates ages 25-34 in MN (Census ACS 2020-2024)","source":"U.S. Census Bureau ACS 5-year PUMS (microdata): ages 25-34, high school diploma or GED as highest level, not enrolled, earnings > 0; EducationGuide calculation"},"earnings_used":39949,"earnings_basis":"median earnings of this major's graduates 4 years after graduating (College Scorecard field of study); school-wide net price","by_family_income":{"0-30k":{"net_price_per_year":11233,"cost_to_finish":49650,"payback_years":28.1,"payback_status":"over_cap","payback_text":"more than 20 years"},"30-48k":{"net_price_per_year":11749,"cost_to_finish":51931,"payback_years":29.4,"payback_status":"over_cap","payback_text":"more than 20 years"},"48-75k":{"net_price_per_year":12811,"cost_to_finish":56625,"payback_years":32.1,"payback_status":"over_cap","payback_text":"more than 20 years"},"75-110k":{"net_price_per_year":18241,"cost_to_finish":80625,"payback_years":45.7,"payback_status":"over_cap","payback_text":"more than 20 years"},"110k+":{"net_price_per_year":22952,"cost_to_finish":101448,"payback_years":57.5,"payback_status":"over_cap","payback_text":"more than 20 years"}},"method":"cost_to_finish = max(0, net price per year) x average years graduates took; payback_years = cost_to_finish / (earnings_used - baseline), one decimal; status over_cap above 20 years, no_premium when earnings do not exceed the baseline. 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