Martin Luther College
Comprehensive ROI analysis based on tuition costs, graduate earnings, financial aid, and long-term earning potential.
ROI Summary
Total 4-Year Cost
$71,080
In-state tuition x 4
Earnings Premium
$5,760/yr
vs high school diploma avg
Break-Even Point
12.3 years
After graduation
20-Year ROI
62%
Return on investment
ROI Analysis
Martin Luther College's in-state tuition is $17,770. One year after graduation, alumni earn a median of $40,540. Five years after graduation, earnings are $40,760, and ten years after graduation, earnings are $47,491. The median debt for graduates is $20,177.
The debt-to-income ratio for graduates is approximately 0.5, calculated by dividing the median debt of $20,177 by the one-year earnings of $40,540. The break-even timeline, which is the time it takes for the additional earnings from a degree to offset the cost of tuition, is less than one year. This is determined by dividing the tuition cost of $17,770 by the one-year earnings of $40,540.
Martin Luther College has a student body of 718, with an acceptance rate of 82.6%. The graduation rate is 72.9%, and the retention rate is 85.2%. A significant 69.8% of students receive financial aid.
Generated from College Scorecard & IPEDS data
The Numbers
Annual Tuition (In-State)
$17,770
Median Debt at Graduation
$20,177
Median Earnings (5yr)
$40,760
Graduation Rate
73%
Receive Financial Aid
70%
Avg Aid Amount
$0
Program-Level ROI
| Program | 4yr Cost | Median Earnings (5yr) | Est. 20yr ROI |
|---|---|---|---|
| Teacher Education and Professional Development, Specific Levels and Methods. | $71,080 | $38,575 | 1% |
| Theological and Ministerial Studies. | $71,080 | $39,847 | 36% |
| Theology and Religious Vocations, Other. | $71,080 | $0 | N/A |
| Teacher Education and Professional Development, Specific Subject Areas. | $71,080 | $0 | N/A |
| Education, General. | $71,080 | $0 | N/A |
| Education, Other. | $71,080 | $0 | N/A |
| Educational Administration and Supervision. | $71,080 | $0 | N/A |
| Educational Administration and Supervision. | $71,080 | $0 | N/A |
| Special Education and Teaching. | $71,080 | $0 | N/A |
| Missions/Missionary Studies and Missiology. | $71,080 | $0 | N/A |
| Theology and Religious Vocations, Other. | $71,080 | $0 | N/A |
| Theological and Ministerial Studies. | $71,080 | $0 | N/A |
Peer Comparison
Financial Aid Impact
Before Aid
After Aid (Estimated)
Methodology
ROI calculations are based on data from the U.S. Department of Education College Scorecard. The earnings premium is calculated as the difference between median graduate earnings and the national average earnings for high school diploma holders ($35,000).
The 20-year ROI formula: ((Earnings Premium x 20) - Total Cost) / Total Cost x 100. Break-even point: Total Cost / Annual Earnings Premium. All figures use in-state tuition and do not account for inflation, opportunity cost, or financial aid variations.