Martin Luther College

For those who are unfamiliar with the name, Martin Luther was a German theologian from the Middle Ages and is largely credited with being the father of the Protestant Reformation. Owned and managed by the Wisconsin Evangelical Lutheran Synod, Martin Luther College students do not fare as well in their post-graduation efforts as the namesake of their school would suggest.

One of the financial factors that can be especially difficult for students is that all students are required to live on campus for their entire time at the institution. For anyone who’s been to college, room and board on campus is notoriously expensive. Students who pay $23,000 a year—of whom over 70% graduate—can expect an ROI of -$123,200.