Head-to-head comparison
Anoka Technical College vs Martin Luther College: which has better ROI?
Option A Anoka, MN
Anoka Technical College
- Net price / year
- $16,953
- Earnings, 10 years
- $47,746
- Payback
- No payback
Option B New Ulm, MN
Martin Luther College
- Net price / year
- $18,463
- Earnings, 10 years
- $47,491
- Payback
- No payback
Neither clears its cost on institution-wide earnings, but Anoka Technical College comes closer — median earnings $47,746 against a $67,812 total, vs $47,491 at Martin Luther College. (Scorecard, 2026 · our math.)
| Measure | Anoka Technical College | Martin Luther College |
|---|---|---|
| Net price / yr | $16,953 | $18,463 |
| Total net cost | $67,812 | $73,852 |
| Median earnings, 10 yrs | $47,746 | $47,491 |
| Median debt | $11,000 | $20,177 |
| Payback | — | — |
| 20-year net return | -$80,092 | -$91,232 |
College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.
The short answer
Which is cheaper, Anoka Technical College or Martin Luther College?
Anoka Technical College, at $16,953 a year after aid versus $18,463 — a gap of $1,510 a year, or $6,040 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.
The short answer
Do Anoka Technical College or Martin Luther College graduates earn more?
Anoka Technical College graduates report a median $47,746 ten years after entry, $255 more than the $47,491 at Martin Luther College. 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.
The short answer
Which leaves students with less debt, Anoka Technical College or Martin Luther College?
Anoka Technical College: 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.
The short answer
Which graduates more of its students?
72% of students finish at Martin Luther College, against 66% at Anoka Technical College. 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.