Key differences on Outcomes
- 1
Covenant grads earn $2.9K more ten years out than Martin Luther's ($50,412 vs. $47,491)
Median earnings, 10 yrs - 2
Covenant graduates 0 pts more of its students than Martin Luther (73% vs. 72%)
Graduation rate
Outcomes
Outcomes
Earnings and finishing
Median earnings, 10 yrs
Covenant$50.4KHighest
Martin Luther$47.5K
Graduation rate
Covenant73%Highest
Martin Luther72%
Retention rate
Covenant88%Highest
Martin Luther85%
Borrowing
Median debt
Covenant$22.5K
Martin Luther$20.2KLowest
Undergrads with a federal loan
Covenant40%
Martin Luther68%
Median debt, Pell Grant recipients
Covenant$18.3K
Martin Luther$16.2KLowest
Eight-year outcomes
Credential within 4 years, all students
Covenant67%
Martin Luther53%
Credential within 8 years, all students
Covenant73%
Martin Luther74%
Enrolled at another college, 8 years on
Covenant21%
Martin Luther13%
Graduation by group
Graduated in 6 years, Pell Grant recipients
Covenant63%
Martin Luther64%
Graduated in 6 years, neither Pell nor subsidized loan
Covenant75%
Martin Luther88%
Pell graduation gap
Covenant12 pts lower
Martin Luther24 pts lower
Graduated in 6 years, by race and ethnicity
| Group | Covenant | Martin Luther |
|---|---|---|
| White | 75% | 74% |
| Asian | Not shown: under 30 students | Not reported |
| Hispanic/Latino | Not shown: under 30 students | Not shown: under 30 students |
| Black | Not shown: under 30 students | Not shown: under 30 students |
| Two or more races | Not shown: under 30 students | Not shown: under 30 students |
| International | Not shown: under 30 students | Not shown: under 30 students |
Sources:College Scorecard, most recent release;College Scorecard, Entered fall 2023;College Scorecard, 2023–24;IPEDS Outcome Measures survey, Students entering fall 2016;IPEDS Graduation Rates survey (Pell Grant and subsidized loan recipients), Entered fall 2018About the data(retrieved 2026-10-12)
Figures are the newest each college has published; years can differ between colleges. Each value's ⓘ shows its source and year. Why