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Martin Luther College vs Aveda Arts & Sciences Institute Minneapolis: which has better ROI?

Private nonprofit, New Ulm MN · vs · Private for-profit, Minneapolis 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 $34,659 at Aveda Arts & Sciences Institute Minneapolis. (Scorecard, 2026 · our math.)

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Head to head
MeasureMartin Luther CollegeAveda Arts & Sciences Institute Minneapolis
Net price / yr$18,463$18,345
Total net cost$73,852$73,380
Median earnings, 10 yrs$47,491$34,659
Median debt$20,177$6,333
Payback
20-year net return-$91,232-$347,400

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

Which is cheaper, Martin Luther College or Aveda Arts & Sciences Institute Minneapolis?

Aveda Arts & Sciences Institute Minneapolis, at $18,345 a year after aid versus $18,463 — a gap of $118 a year, or $472 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Martin Luther College or Aveda Arts & Sciences Institute Minneapolis graduates earn more?

Martin Luther College graduates report a median $47,491 ten years after entry, $12,832 more than the $34,659 at Aveda Arts & Sciences Institute Minneapolis. 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, Martin Luther College or Aveda Arts & Sciences Institute Minneapolis?

Aveda Arts & Sciences Institute Minneapolis: its completers carry a median $6,333 in federal loans versus $20,177 at Martin Luther College, a difference of $13,844. 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 68% at Aveda Arts & Sciences Institute Minneapolis. 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.

Martin Luther College vs Aveda Arts & Sciences Institute Minneapolis: frequently asked questions

Is Martin Luther College or Aveda Arts & Sciences Institute Minneapolis 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, Martin Luther College or Aveda Arts & Sciences Institute Minneapolis?
Aveda Arts & Sciences Institute Minneapolis: $18,345/yr net price after aid versus $18,463/yr at Martin Luther College — a difference of $118 a year, or about $472 over four years.
Do Martin Luther College or Aveda Arts & Sciences Institute Minneapolis graduates earn more?
Martin Luther College graduates earn a median $47,491 ten years after entry, versus $34,659 at Aveda Arts & Sciences Institute Minneapolis — a $12,832 gap. This blends every major, so a specific field can flip it.