Martin University
Private College in Indianapolis, IN. Median 10-year earnings $22,544.
Students who entered Martin University reach a median of $22,544 a decade later, a figure that trails the typical four-year outcome. The six-year graduation rate is 0% — low enough that finishing cannot be treated as the default outcome. Debt is the pressure point: a median of $42,002 at graduation.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ 3-year loan default 0.0% — below national benchmark
- ! Debt-to-income ratio 1.86 — elevated (above 0.60)
Academics
A six-year graduation rate of 0% means finishing is closer to the exception than the rule. 43% first-year retention is low enough to be the defining risk of enrolling here. Retention runs well ahead of completion, which means students are not leaving immediately; they are leaving somewhere between the second year and the finish line. Retention drops to 17% for part-time students, a gap worth weighing if full-time study is not realistic. The 14:1 student-faculty ratio is small enough that seminar-sized classes are the norm.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 155 degree- or certificate-seeking undergraduates
Net price lands at $18,114 a year on average, neither cheap nor punishing. The gap between the $0–30k and $75–110k bands is narrow ($17,905 versus $22,652), meaning aid is not strongly need-weighted. 86% of students get grant aid averaging $7,034, so the published price is a poor guide to what most pay. Most students borrow — 59% take federal loans to cover the gap.
Entering first-year students
A different, smaller group than the rates above: full-time students in their first year of college anywhere. The grant series here also excludes the "other sources" counted in the all-undergraduate figure, so the two are not comparable.
IPEDS Student Financial Aid · 2023-24 · 7 students
Net price by family income
The same students as the headline above, limited to those who received Title IV federal aid — a narrower group, with a lower overall average. IPEDS publishes no combined figure across these bands, so they should not be averaged into one.
| Family income band | Average net price |
|---|---|
| $0–30k | $17,905 |
| $30–48k | $15,628 |
| $48–75k | $14,412 |
| $75–110k | $22,652 |
| $110k+ | — |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 91 of these 155 students, totalling $718,888 — an average of $7,900 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Marion County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026