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Butler Creighton University ISU University of St Thomas Iowa Marquette University Grinnell Bradley Saint Louis University-Main Campus Augustana St Olaf Loyola| Drake University | Martin Luther College | College 3 | College 4 | |
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Overview |
Drake | MLC | ||
| Location | Des Moines, IA | New Ulm, MN | ||
| Setting | Midsize City | Remote Town | ||
| Enrollment | 4,685 | 880 | ||
| Type | Private 4 Year | Private 4 Year | ||
| National Ranking | #149 | |||
| Religious Affiliation | - | Wisconsin Evangelical Lutheran Synod | - | - |
| Status | Non-profit | Non-profit | ||
| Website | drake.edu | mlc-wels.edu | ||
| Team Colors |
Costs |
Drake | MLC | ||
| Tuition (In State) | $47,564 | $17,420 | ||
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| Tuition (Out of State) | $47,564 | $17,420 | ||
| Room & Board | $11,570 | $6,880 | ||
| Avg Net Price | $30,333 | $22,293 | ||
| Avg Grant Aid | $31,274 | $6,301 | ||
| % Receiving Grant Aid | 100% | 99% |
Admission |
Drake | MLC | ||
|---|---|---|---|---|
| Admission Chances | Calculate | Calculate | ||
| Applied | 8,621 | 215 | ||
| Admitted | 5,796 | 180 | ||
| Acceptance Rate | 67.2% | 83.7% | ||
| Enrolled % | 12.6% | 78.9% | ||
| Avg High School GPA | 3.7 | 3.56 | ||
| Typical High School Grades | A- | B+ | ||
| Admissions Standards | Difficult | Challenging | ||
| Applicant Competition | Low | |||
| ACT Range | 25/30 | 20/27 | ||
| SAT Range | 1110/1340 | 1051/1316 | ||
| Submit Test Scores | Not required for admission, but considered if submitted (Test Optional) | Not required for admission, but considered if submitted (Test Optional) | ||
| Application Deadline |
Academics |
Drake | MLC | ||
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| Student to Faculty Ratio | 10:1 | 9:1 | ||
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Outcomes |
Drake | MLC | ||
| Graduation Rate | 75% | 73% | ||
| Median Earnings (After 10 years) | $68,500 | $38,000 | ||
| Making Student Loan Payments | 84% | 89% | ||
| Median Student Loan Debt | $26,000 | $23,125 | ||
| Median Loan Payment | $268 | $239 |
Diversity |
Drake | MLC | ||
|---|---|---|---|---|
| % Men | 37% | 47% | ||
| % Women | 63% | 53% | ||
| Racial Diversity | Low | Extremely Low | ||
| HBCU | No | No | ||
| % White | 79% | 93% | ||
| % Black | 4% | 1% | ||
| % Hispanic | 4% | 1% | ||
| % Native American | 0% | 0% | ||
| % Pacific Islander | 0% | 0% | ||
| % Two or More Races | 2% | 1% | ||
| % International | 7% | 2% | ||
| % Unknown Race | 0% | 0% |
Students |
Drake | MLC | ||
|---|---|---|---|---|
| % In-State | 35% | 20% | ||
| % Out-of-State | 63% | 78% | ||
Campus |
Drake | MLC | ||
| Campus Housing | Yes | Yes | ||
| Freshman Dorm Required | No | No | ||
| Meal Plan | Yes | Yes | ||
| Weekend/Evening Classes | No | No | ||
| Daycare Facility | No | No | ||
| Learn More | Details | Details |
Comparable Facts
- Drake University is larger than than MLC based on total student enrollment (4,685 students vs. 880 students)
Drake vs. MLC Cost Comparison
Which college is more expensive, Drake or MLC?
- Drake University is 173% more expensive to attend than MLC for in-state tuition ($47,564.00 vs. $17,420.00)
- Out of state tuition is 173% higher at Drake than Martin Luther College ($47,564.00 vs. $17,420.00)
- The typical actual cost that students pay to attend (average net price) is less at Martin Luther College than Drake ($22,293 vs. $30,333)
- Living costs (room and board or off-campus housing budget) at Martin Luther College are 68.2% lower than costs at Drake University ($6,880 vs. $11,570)
- More students receive financial grant aid at Drake University than Martin Luther College (100% vs. 99%)
- The average total grant financial aid received by Drake University students is 396.3% larger than aid received Martin Luther College ($31,274 vs. $6,301)
Drake vs. MLC Admissions Difficulty Comparison
Which college is harder to get into, Drake or MLC? Average SAT and ACT scores plus acceptance rates offer good insight into the difficulty of admission between MLC or Drake .
- The average SAT score at Drake University (1224) is 79 points higher than at MLC (1145)
- Incoming Drake students have a 2 point higher average ACT score (27) than students at MLC (25)
- Accepted freshman Drake students have a 0.14 point higher average high school GPA (3.7) than students at MLC (3.56)
- MLC has a higher acceptance rate (83.7%) than Drake (67.2%)
Drake vs. MLC Graduation Outcomes Comparison
Which is better, Drake or MLC? Graduation rate, salary and amount of student loan debt are indicators of a college which offers better outcomes for its graduates. Compare the following outcomes facts between MLC and Drake.
- The graduation rate at Drake is higher than Martin Luther College (75% vs. 73%)
- Graduates from Drake University earn on average $30,500 more per year than MLC graduates after ten years. ($68,500 vs. $38,000)
- Martin Luther College students graduate with a $2,875 lower median federal student loan debt than Drake graduates. ($23,125 vs. $26,000)
- MLC graduates are paying $29 less per month on federal student loans than Drake graduates. ($239 vs. $268)
- More MLC graduates are actively paying back their federal student loan debt than former Drake students, three years after graduation. (89% vs. 84%)
Sources: U.S. Department of Education https://nces.ed.gov IPEDS and College Scorecard https://collegescorecard.ed.gov/