# Martin Luther College: Theology / Ministry (bachelor's)

New Ulm, MN. IPEDS 173452, CIP 39.06. Page: https://educationguide.com/colleges/martin-luther-college/majors/theology-ministry

## Graduate outcomes
- Median earnings 1 year after graduating: $15,327
- Median earnings 4 years after graduating: $39,949 (U.S. median for this major: $46,738 across 24 colleges)
- Median federal loan debt: $18,949 (U.S. median $24,958)
- Rank in MN: 2 of 2 colleges by 4-year earnings
- Versus the U.S. median: -$6,789

## Cost to finish and years to pay back (EducationGuide calculation)
School-wide net price x 4.42 years (average time graduates took). Earnings gain = $39,949 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 | more than 20 years |
| 30-48k | $11,749 | $51,931 | more than 20 years |
| 48-75k | $12,811 | $56,625 | more than 20 years |
| 75-110k | $18,241 | $80,625 | more than 20 years |
| 110k+ | $22,952 | $101,448 | more than 20 years |

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

## Theology / Ministry at MN colleges
| College | Earnings 4 yrs | Median debt | Avg. net price | Graduation |
|---|---|---|---|---|
| University of Northwestern-St Paul | $47,802 | $22,000 | $27,705 | 68% |
| Martin Luther College | $39,949 | $18,949 | $18,463 | 72% |

## Careers
- Clergy (SOC 21-2011): median wage not reported metro, $61,230 MN, $60,810 U.S.; U.S. jobs 2.4% by 2035

## Sources and years
- Earnings (4 yr): 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

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).