Theological and Ministerial Studies at Martin Luther College
New Ulm, MN · Bachelor's Degree · about 35 graduates a year
Martin Luther College graduates in theological and ministerial studies earn 10% less than the national median for the same major four years after graduating. Their median federal debt equals about 47% of one year’s pay at that point.
How Martin Luther College Compares for Theological and Ministerial Studies
All 25 colleges reporting theological and ministerial studies earnings at this degree level, ranked by median pay four years after graduation. “Wage-adjusted” divides pay by the square root of the state’s wage index so colleges in low-wage states aren’t penalized for local pay.
| # | College | 4 yrs after | Wage-adjusted | Adj. rank | 1 yr after |
|---|---|---|---|---|---|
| 1 | Colorado Christian University Lakewood, CO | $58,775 | $54,966 | #5 | — |
| 2 | Concordia University-Nebraska Seward, NE | $58,162 | $60,113 | #1 | $19,316 |
| 3 | Nazarene Bible College Colorado Springs, CO | $56,855 | $53,171 | #6 | $40,357 |
| 4 | University of Notre Dame Notre Dame, IN | $54,758 | $58,745 | #2 | $45,874 |
| 5 | The King's University Southlake, TX | $54,618 | $55,530 | #4 | $29,593 |
| 6 | Palm Beach Atlantic University West Palm Beach, FL | $53,398 | $56,835 | #3 | $28,383 |
| 7 | Northwest University Kirkland, WA | $52,385 | $48,183 | #9 | $41,139 |
| 8 | Northwest University-Center for Online and Extended Education Kirkland, WA | $52,385 | $48,183 | #10 | $41,139 |
| 9 | Hope International University Fullerton, CA | $50,647 | $46,085 | #14 | — |
| 10 | Seattle Pacific University Seattle, WA | $50,557 | $46,502 | #13 | $32,220 |
| … | |||||
| 18 | Ave Maria University Ave Maria, FL | $42,457 | $45,190 | #16 | $26,924 |
| 19 | Baptist University of Florida Graceville, FL | $42,322 | $45,046 | #17 | $34,350 |
| 20 | Lee University Cleveland, TN | $40,791 | $44,560 | #18 | — |
| 21 | Martin Luther College New Ulm, MN | $39,949 | $38,160 | #25 | $15,327 |
| 22 | Franciscan University of Steubenville Steubenville, OH | $39,091 | $41,716 | #21 | $29,656 |
| 23 | Moody Bible Institute Chicago, IL | $38,907 | $38,226 | #24 | $33,488 |
| 24 | Carolina University Winston-salem, NC | $38,859 | $41,701 | #22 | — |
Other Majors at Martin Luther College by Graduate Pay
| Major | 4 yrs after | 1 yr after | Rank in major |
|---|---|---|---|
| Teacher Education and Professional Development, Specific Levels and Methods | $56,435 | $46,706 | #68 of 680 |
Frequently Asked Questions
How much do Martin Luther College theological and ministerial studies graduates make?
Graduates earn a median $15,327 one year after graduating and $39,949 four years after graduating. Figures are from the U.S. Department of Education College Scorecard.
How does Martin Luther College rank for theological and ministerial studies?
Among 25 colleges reporting earnings for theological and ministerial studies graduates, Martin Luther College ranks #21 by median pay four years after graduation, and #25 after adjusting for state wage levels.
Is theological and ministerial studies at Martin Luther College worth it?
Its graduates earn 10% less than the national median for theological and ministerial studies ($44,535), and the median federal debt at graduation is $18,899.
← All data for Martin Luther College · Methodology
Source: U.S. Department of Education College Scorecard, field-of-study data. Earnings are medians for graduates who received federal aid and were working and not enrolled; programs with few graduates are not reported. Wage adjustment uses Census ACS state median household income.