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Is Martin Luther College worth it?
A first pass affordability and outcome read for Martin Luther, using national average inputs. Run your own numbers for a personalized score.
Worth-It Score
Stretch
Martin Luther sits in the stretch band for a typical family. The long-run earnings picture at $47,491 helps, but median debt of $20,177 plus yearly net price of $18,463 creates a tighter path. For context, Martin Luther's net price is about 8% below the typical 4-year, private nonprofit school. It can work, but the financing plan has to be deliberate.
Is the price fair?
Compared to 1237 similar 4-year, private nonprofit schools
This school
$21,072
/yrAverage school like this
$22,837
/yrThis helps your Worth-It Score
You'd pay about $1,765 less per year than the typical student at a similar school. Over 4 years that's roughly $7,000 in savings.
Score breakdown
The public version of the score weighs affordability, after graduation outcomes, and repayment burden.
Affordability
40% weight
The yearly net price sits in a range that leaves more room for family cash flow and lower borrowing.
Outcome
40% weight
The outcome data does not create enough margin to fully offset the cost.
Repayment
20% weight
Median debt stays in a more comfortable repayment range for a typical graduate.
The numbers behind the score
Median net price per year
$18,463
Median earnings 10 years out
$47,491
Median debt at graduation
$20,177
Graduation rate
71%
At Martin Luther, a typical graduate carries about $20,177 in student debt and earns roughly $47,491 ten years after enrolling. On a standard 10-year repayment plan, that works out to about $229 per month, or 6% of pre-tax income. That sits inside a borrower comfort range for many graduates.
What this means for your family
Martin Luther is a private nonprofit four year school in New Ulm, MN. Private pricing can swing more dramatically based on aid, so your personalized score matters more here than the national average view alone.
Similar schools worth comparing
These schools share a similar sector, geography, or price range.
Private nonprofit 4-year
Concordia University-Saint Paul
Saint Paul, MN
Worth-It Score: 63/100
Median net price: $18,462
Private nonprofit 4-year
St Catherine
Saint Paul, MN
Worth-It Score: 66/100
Median net price: $19,764
Private nonprofit 4-year
Bethany Lutheran
Mankato, MN
Worth-It Score: 53/100
Median net price: $20,148
Private nonprofit 4-year
Oak Hills Christian
Bemidji, MN
Worth-It Score: 34/100
Median net price: $20,227
Private nonprofit 4-year
Hamline
Saint Paul, MN
Worth-It Score: 64/100
Median net price: $20,744
Common questions about Martin Luther
The median net price at Martin Luther is $18,463 per year. That is the average yearly price after typical grant aid for students in the public federal data, not the published sticker price.
Get your personalized Worth-It score
National averages are a starting point. Plug in your actual aid offer, intended major, and family situation to get a score that reflects your specific picture.
Looking at private colleges options in Minnesota? See the most affordable private colleges in Minnesota →
The Worth-It Score weighs affordability (40%), after graduation outcomes (40%), and repayment burden (20%). Underlying data points come from publicly available federal higher education reporting. See full methodology →