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Central Lakes College-Brainerd vs Martin Luther College: which has better ROI?

Public, Brainerd MN · vs · Private nonprofit, New Ulm MN

The verdict

Neither clears its cost on institution-wide earnings, but Martin Luther College comes closer — median earnings $47,491 against a $73,852 total, vs $42,162 at Central Lakes College-Brainerd. (Scorecard, 2026 · our math.)

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Head to head
MeasureCentral Lakes College-BrainerdMartin Luther College
Net price / yr$13,869$18,463
Total net cost$27,738$73,852
Median earnings, 10 yrs$42,162$47,491
Median debt$11,000$20,177
Payback
20-year net return-$151,698-$91,232

College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.

Which is cheaper, Central Lakes College-Brainerd or Martin Luther College?

Central Lakes College-Brainerd, at $13,869 a year after aid versus $18,463 — a gap of $4,594 a year, or $46,114 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Central Lakes College-Brainerd or Martin Luther College graduates earn more?

Martin Luther College graduates report a median $47,491 ten years after entry, $5,329 more than the $42,162 at Central Lakes College-Brainerd. Both are institution-wide medians from federal tax records, so a high-paying major at the lower school can beat the average at the higher one.

Which leaves students with less debt, Central Lakes College-Brainerd or Martin Luther College?

Central Lakes College-Brainerd: its completers carry a median $11,000 in federal loans versus $20,177 at Martin Luther College, a difference of $9,177. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

72% of students finish at Martin Luther College, against 53% at Central Lakes College-Brainerd. Completion matters to the ROI arithmetic because a degree that is never finished still carries its cost and its debt, but earns none of the graduate premium above the $48,360 high-school baseline.

Central Lakes College-Brainerd vs Martin Luther College: frequently asked questions

Is Central Lakes College-Brainerd or Martin Luther College a better value?
Martin Luther College comes closer, but neither clears its cost on institution-wide earnings — the field you study decides it here more than the school.
Which is cheaper, Central Lakes College-Brainerd or Martin Luther College?
Central Lakes College-Brainerd: $13,869/yr net price after aid versus $18,463/yr at Martin Luther College — a difference of $4,594 a year, or about $46,114 over four years.
Do Central Lakes College-Brainerd or Martin Luther College graduates earn more?
Martin Luther College graduates earn a median $47,491 ten years after entry, versus $42,162 at Central Lakes College-Brainerd — a $5,329 gap. This blends every major, so a specific field can flip it.