Private nonprofit · COLLEGE PAYOFF

Franklin College

⌖ Franklin, IN · 9 reportable field-and-credential outcomes

10-year estimate · Negative payoff

−$188,270 over 10 years

Modeled from observed year-5 institution earnings and the institution-wide average net price over four years.

With these assumptions, the added earnings do not recover the cost within ten years.

32.6 yrsModeled economic break-even
−69%Modeled 10-year ROI
$53,315Observed earnings · year 5
Not reachedMaximum annual price for positive 10-year payoff
Includes direct price and earnings forgone while studying. Assumes $45,000 in alternative annual earnings and no wage growth. How we calculate it
A QUICK READ

What the numbers say about Franklin College

What does Franklin College cost?

Franklin College reports an average annual net price of $22,855 after grants and scholarships. This is an institution-wide average, not an individual aid offer.

What do Franklin College graduates earn?

The observed median earnings figure is $53,315 5 years after completion. It describes a federal cohort, not a guaranteed starting salary.

How much federal debt do Franklin College graduates have?

Completer borrowers report median cumulative federal student debt of $27,000. Parent PLUS and private loans are not included.

Is every degree at Franklin College worth the same?

No. DegreeVerdict currently shows 9 field-and-credential outcomes at Franklin College; reported earnings and debt can differ substantially by program category.

ECONOMIC INVESTMENT → PAYBACK

Estimated payoff over ten years.

The scenario counts direct price and earnings forgone upfront, then applies the reported annual earnings premium.

10-YEAR PAYOFF CURVECumulative economic payoff after graduation
−$188,270at year 10
Net gainInvestment not yet recovered
NET GAIN$0UNRECOVERED
−$271,4200
2
4
6
8
−$188,27010
Years after graduationBreak-even: 32.6 years
FEDERAL COST DATA

Four ways to read college price.

Annual college-wide figures from the current College Scorecard release. Average net price covers full-time, first-time undergraduates receiving federal aid; public-college figures use in-state students. Program tuition and individual aid offers may differ.

Published in-state tuition$38,710
Sticker price
Published out-of-state tuition$38,710
Sticker price
Average net price$22,855
Title IV student average
Cost of attendance$54,178
Tuition + living budget
PRICE SOURCECollege reported · annual amount · federal dataset
PRICE SENSITIVITY

The price can change the verdict.

Hold observed earnings constant and see how the modeled ten-year payoff changes as annual price rises.

What stays fixed$53,315 observed annual earnings · 4 years of study · $45,000 alternative annual earnings · ten-year horizonThe marked price is this college’s institution-wide average net price, not your personal aid offer. This is a sensitivity test, not a tuition quote or earnings forecast.
COLLEGE AT A GLANCE

Institution details

Current federal characteristics describing the college, not the outcomes of a specific program.

Accreditor
Higher Learning Commission
Main award level
Bachelor’s degrees
Campus setting
Suburban
Admissions
Selective admission
Delivery
Campus or mixed delivery
Federal designation
No special designation reported
Sources: College Scorecard June 2026 release and IPEDS 2024 institutional characteristics.
OBSERVED FEDERAL MEASURES

Cost, debt, completion and earnings context

$22,855Average net price / year
$54,178Cost of attendance
$27,000Median federal student debt · completer borrowers
$286/moPublished 10-year payment estimate
$53,315Median earnings · year 5 after completion
60.3%Completion rate
69.8%Admission rate
900Student size

Institution debt covers federal student-loan borrowers who completed. Parent PLUS and private loans are excluded; missing and privacy-suppressed values remain unavailable.

PRICE BY FAMILY INCOME

Average net price is not one price

Federal averages for aided students in each family-income band. Your aid offer can differ.

$0–30k$14,790
$30–48k$15,822
$48–75k$20,093
$75–110k$23,439
$110k+$30,316
LONGER-TERM CONTEXT

What happens beyond the first earnings measure

Year 5$53,315
Year 6$45,635
Year 10$55,376
Full-time retention
72.9%
Part-time retention
Not available
Completion within 200% of normal time
63.4%

Earnings timepoints may use different historical cohorts and should not be read as one group’s guaranteed salary growth.

WHO PAYS, WHO FINISHES, WHO EARNS

Outcomes are not the same for every family.

These federal cohorts add context that a single college average can hide. Missing figures remain unreported rather than estimated.

Pell Grant students59%

Complete within 150% of the expected time

53% received a Pell Grant within eight years
Parent borrowing$25,900

Median Parent PLUS debt

153 parent borrowers in the reported cohort
First-generation students$17,000

Median federal student debt

66% making progress in repayment after three years
Student family incomeMedian earnings after 10 yearsObserved federal cohorts
Lower income$50,040Earnings are not a guarantee
Middle income$53,314Earnings are not a guarantee
Higher income$59,663Earnings are not a guarantee
Three-year repayment progress
Lower income54%
Middle income74%
Higher income79%

Source: College Scorecard, June 2026 release. Parent PLUS debt belongs to parents; student-debt measures exclude Parent PLUS and private loans. Cohort definitions differ by measure.

NATIONAL CONTEXT

How this college compares

Percentiles compare this institution with currently operating colleges that report the same federal measure.

69thEarnings percentile
53thCompletion percentile
WHAT STANDS OUT

A faster read on this college

These summaries use only reportable field-and-credential records at this institution. They do not fill privacy-suppressed outcomes.

$54,636Median year-4 earnings across reportable program categories
$27,000Median federal debt across categories that report debt
63%Of earnings-reporting categories above their same-field national benchmark
EARNINGS PATH

Reported earnings over time

$39,590Year 1
$53,224Year 4
$53,315Year 5

Separate federal cohorts may underlie different measurement years.

PROGRAM PAYOFF SPREAD

The college average is not the whole story.

Observed earnings vary substantially by field and credential at the same institution.

1Finance and Financial Management Services · Bachelor's Degree$84,8292Business/Commerce, General · Bachelor's Degree$84,4913Business Administration, Management and Operations · Bachelor's Degree$77,8214Sociology · Bachelor's Degree$58,8275Sports, Kinesiology, and Physical Education/Fitness · Bachelor's Degree$54,6366Public Relations, Advertising, and Applied Communication · Bachelor's Degree$54,2987Psychology, General · Bachelor's Degree$49,6878Teacher Education and Professional Development, Specific Levels and Methods · Bachelor's Degree$46,423

Observed year-4 earnings · compare like fields and credentials before deciding

Strongest relative outcomes

Programs that stand out against the same-degree benchmark

This view rewards performance relative to the same field and credential, not simply majors that pay more everywhere.

1Business/Commerce, GeneralBachelor's Degree · $84,491 reported+24%vs same-degree national medianNot availablefederal debt2Business Administration, Management and OperationsBachelor's Degree · $77,821 reported+14%vs same-degree national medianNot availablefederal debt3SociologyBachelor's Degree · $58,827 reported+12%vs same-degree national median$27,000federal debt4Finance and Financial Management ServicesBachelor's Degree · $84,829 reported+2%vs same-degree national medianNot availablefederal debt5Sports, Kinesiology, and Physical Education/FitnessBachelor's Degree · $54,636 reported+0%vs same-degree national median$27,000federal debt6Psychology, GeneralBachelor's Degree · $49,687 reported-2%vs same-degree national median$27,000federal debt
BUILD A REAL SHORTLIST

Comparable colleges in IN

Currently operating private nonprofit institutions with the closest combination of annual net price and observed year-5 earnings. Similarity is descriptive, not a quality ranking.

Fort Wayne, IN

Indiana Institute of Technology

Annual net price
$23,206
Observed earnings · year 5
$55,180
Modeled 10-year ROI
-63%
Open college profile →
Anderson, IN

Anderson University

Annual net price
$25,021
Observed earnings · year 5
$52,826
Modeled 10-year ROI
-72%
Open college profile →
Upland, IN

Taylor University

Annual net price
$24,865
Observed earnings · year 5
$51,838
Modeled 10-year ROI
-76%
Open college profile →
Whiting, IN

Calumet College of Saint Joseph

Annual net price
$22,451
Observed earnings · year 5
$57,079
Modeled 10-year ROI
-55%
Open college profile →
ALL REPORTABLE PROGRAM CATEGORIES

Explore exact field-and-credential outcomes

Federal fieldCredentialEarnings, year 4Federal debt2023–24 awards
Finance and Financial Management ServicesBachelor's Degree$84,829Not availableNot reported
Business/Commerce, GeneralBachelor's Degree$84,491Not availableNot reported
Business Administration, Management and OperationsBachelor's Degree$77,821Not availableNot reported
SociologyBachelor's Degree$58,827$27,000Not reported
Sports, Kinesiology, and Physical Education/FitnessBachelor's Degree$54,636$27,000Not reported
Public Relations, Advertising, and Applied CommunicationBachelor's Degree$54,298$27,000Not reported
Psychology, GeneralBachelor's Degree$49,687$27,000Not reported
Teacher Education and Professional Development, Specific Levels and MethodsBachelor's Degree$46,423$27,000Not reported
Biology, GeneralBachelor's DegreeNot available$27,000Not reported

Awards use first-major IPEDS completions aggregated to the same four-digit field and credential.

Earnings, price, completion and enrollment are observed federal measures. ROI, payoff and break-even are modeled scenarios built from those measures and fixed assumptions. College payoff is not the payoff of every degree at this school; use the program table for a more precise comparison.