Head-to-head comparison
Central Lakes College-Brainerd vs Martin Luther College: which has better ROI?
Option A Brainerd, MN
Central Lakes College-Brainerd
- Net price / year
- $13,869
- Earnings, 10 years
- $42,162
- 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 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.)
| Measure | Central Lakes College-Brainerd | Martin 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.
The short answer
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.
The short answer
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.
The short answer
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.
The short answer
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.