Median Earnings (1yr)
$46,706
86th percentile (60th in MN)
Median Debt
$21,500
17% below national median
Debt-to-Earnings
0.46
Manageable
Sample Size
158
Adequate data

Analysis

At $46,706 in first-year earnings, Martin Luther College graduates out-earn 86% of teacher education programs nationally—a remarkable outcome for a school that accepts most applicants. The $21,500 median debt sits well below both state and national averages, creating a debt-to-earnings ratio of just 0.46 that most education programs would envy. While this ranks in the 60th percentile among Minnesota's 29 teacher education programs, that's still competitive when you consider the state's strong educational infrastructure and Martin Luther's significantly lower debt burden compared to the Minnesota median of $26,735.

The significant concern here is the earnings trajectory: graduates see a 17% decline in earnings between years one and four, dropping to $38,575. This likely reflects the structured nature of teaching contracts and salary schedules rather than a program weakness, though it's worth understanding what drives this pattern. Despite this dip, the strong starting salary and manageable debt mean graduates enter teaching with financial breathing room that many peers lack.

For families seeking an affordable path to teaching, particularly within Lutheran education networks where Martin Luther has deep connections, this program delivers strong value. The initial earnings advantage and below-average debt create a foundation that withstands the mid-career earnings plateau typical in education. Just recognize that teaching salaries in this network may have different growth patterns than traditional public school systems.

Where Martin Luther College Stands

Earnings vs. debt across all teacher education and professional development, specific levels and methods bachelors's programs nationally

Martin Luther CollegeOther teacher education and professional development, specific levels and methods programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How Martin Luther College graduates compare to all programs nationally

Martin Luther College graduates earn $47k, placing them in the 86th percentile of all teacher education and professional development, specific levels and methods bachelors programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Minnesota

Teacher Education and Professional Development, Specific Levels and Methods bachelors's programs at peer institutions in Minnesota (29 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Martin Luther College$46,706$38,575$21,5000.46
University of Minnesota-Morris$46,414$41,789$24,7670.53
Bethel University$45,361$40,332$26,0000.57
Concordia College at Moorhead$44,195$44,319$27,0000.61
Minnesota State University-Mankato$44,171$41,039$27,0000.61
Gustavus Adolphus College$44,117$45,329$27,0000.61
National Median$41,809$26,0000.62

Other Teacher Education and Professional Development, Specific Levels and Methods Programs in Minnesota

Compare tuition, earnings, and debt across Minnesota schools

SchoolIn-State TuitionEarnings (1yr)Debt
University of Minnesota-Morris
Morris
$14,288$46,414$24,767
Bethel University
Saint Paul
$42,930$45,361$26,000
Concordia College at Moorhead
Moorhead
$30,020$44,195$27,000
Minnesota State University-Mankato
Mankato
$9,490$44,171$27,000
Gustavus Adolphus College
Saint Peter
$54,310$44,117$27,000

About This Data

Source: U.S. Department of Education College Scorecard (October 2025 release)

Population: Graduates who received federal financial aid (Title IV grants or loans). At Martin Luther College, approximately 23% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.

Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.

Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.

Sample Size: Based on 158 graduates with reported earnings and 160 graduates with debt data. Small samples may not be representative.