Great Financial News for Students!

The financial future is looking brighter and brighter for MLC students.

The numbers are in, and we can report that for five straight years, our graduates borrowed less money to pay for their education at MLC.

The average debt decreased five years in a row, with the 2023 graduating class borrowing $841 less, on average, than borrowers in the class of 2022.

Over the course of those five years, the average debt has decreased almost $4,000!

In addition, 1 out of 3 graduates in 2023 borrowed no money at all. They are leaving MLC debt-free.

Reducing student debt is one of the primary objectives in our strategic plan, Pursuing Excellence Under the Cross. Please know that we’ll keep working hard to boost our financial aid and keep our costs in check. We want to work with families to make students’ financial burdens as light as possible.

As those debt numbers keep going down, the future keeps looking up!