Franklin College

Franklin, Indiana · Private nonprofit · 4-year · Suburb

At a glance

Average net price: $22,855What students typically pay per year after grants and scholarships.
Acceptance rate: 70%
Graduation rate: 62%Share of students who finish within 150% of the normal time.
Undergraduates: 900
In-state tuition: $38,710Published price before aid.
Out-of-state tuition: $38,710
SAT midpoint: 1,070
Median earnings, 10 yrs: $55,376Median earnings of former students ten years after they first enrolled.

Source: U.S. Department of Education College Scorecard. Data year: 2022-23 academic year. Updated September 2026. Figures are averages across all students and will differ from what any individual pays.

How it compares to similar colleges

Each rating covers one measure against private nonprofit 4-year colleges nationally. Five stars means the top fifth on that measure. There is no overall score, because which of these matters is your call.

Affordability

$22,855

3/5

Better than 48% of private nonprofit 4-year colleges (1092 compared).

Completion

62%

3/5

Better than 57% of private nonprofit 4-year colleges (1063 compared).

Earnings

$55,376

3/5

Better than 53% of private nonprofit 4-year colleges (1087 compared).

Debt at graduation

$27,000

1/5

Better than 4% of private nonprofit 4-year colleges (1020 compared).

What these ratings are based on

Affordability: Based on average net price: what students receiving federal aid actually paid, after grants and scholarships. Your own cost depends on your family's finances.
Completion: Based on the share of first-time, full-time students who graduate within 150% of normal time. It excludes transfer and part-time students, which understates colleges serving many of them.
Earnings: Based on median earnings ten years after students first enrolled. It reflects the subjects a college teaches and the region it sits in as much as its teaching.
Debt at graduation: Based on median federal loan debt among students who completed. Private and parent loans are not included, so real totals are often higher.
Why there is no rating for selectivity: A lower acceptance rate is selectivity, not quality. Awarding stars for it would be us inventing a value judgement and hiding it behind a number.

What it actually costs

Published cost

$54,178

The sticker price: tuition, fees, housing, food and books for one academic year, before any aid.

Average net price

$22,855

What students receiving federal aid actually paid on average, after grants and scholarships. This is the more useful number, though your own figure depends on your family’s finances.

What would this cost me?

Use this college’s official net price calculator

Outcomes

Graduation, retention, debt and earnings for Franklin College
Graduation rateWithin 150% of normal time	62%
Retention rateFirst-year students who return	73%
Median debt at graduationFederal loans only, students who completed	$27,000
Median earnings, 10 years after entryFormer students, working and not enrolled	$55,376

What graduates of each major earn

Median earnings one year after finishing, for people who took that subject here. This is the figure a college-wide median hides: the spread between subjects at one college is usually far wider than the spread between colleges.

Bachelor’s programs at Franklin College by graduate earnings
Major	Earnings, 1 yr	Degrees awarded
Finance and Financial Management Services	$57,037	1
Business Administration, Management and Operations	$56,487	10
Teacher Education and Professional Development, Specific Subject Areas	$49,725	Not reported
Teacher Education and Professional Development, Specific Levels and Methods	$47,610	15
Sociology	$37,759	12
Public Relations, Advertising, and Applied Communication	$36,964	10
Psychology, General	$31,769	17
Biology, General	$30,969	11
Sports, Kinesiology, and Physical Education/Fitness	$24,181	22
Chemistry	Not reported	10
Business/Commerce, General	Not reported	8
History	Not reported	7
Journalism	Not reported	6
Rhetoric and Composition/Writing Studies	Not reported	6
Applied Mathematics	Not reported	6
English Language and Literature, General	Not reported	5
Neurobiology and Neurosciences	Not reported	5
Romance Languages, Literatures, and Linguistics	Not reported	5
Music	Not reported	4
Political Science and Government	Not reported	4
Ecology, Evolution, Systematics, and Population Biology	Not reported	4
Religion/Religious Studies	Not reported	3
Philosophy	Not reported	3
Accounting and Related Services	Not reported	2
Economics	Not reported	2
Drama/Theatre Arts and Stagecraft	Not reported	2
Mathematics	Not reported	2
Design and Applied Arts	Not reported	1
Computer Science	Not reported	1
Computer Engineering	Not reported	1
International Relations and National Security Studies	Not reported	Not reported
Computer Software and Media Applications	Not reported	Not reported
Liberal Arts and Sciences, General Studies and Humanities	Not reported	Not reported
International/Globalization Studies	Not reported	Not reported
Film/Video and Photographic Arts	Not reported	Not reported
Fine and Studio Arts	Not reported	Not reported
Allied Health Diagnostic, Intervention, and Treatment Professions	Not reported	Not reported
Cell/Cellular Biology and Anatomical Sciences	Not reported	Not reported
International Business	Not reported	Not reported
Management Sciences and Quantitative Methods	Not reported	Not reported

All 40 bachelor’s programs this college reported.

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