Private Nonprofit · Franklin, Indiana

Franklin College

Franklin College is a private nonprofit institution in Franklin, Indiana. as a private nonprofit, published Scorecard outcomes cover federal-aid recipients at this campus — endowment and sticker price sit outside those cohort fields.

$55,376
10-yr median earnings
69.8%
Acceptance rate
$22,855
Avg net price / yr
61.8%
150%-time completion

The verdict

Franklin College pairs top-quartile former-student earnings with a moderately open admit.

According to the U.S. Department of Education's College Scorecard.

Top 21%
former-student earnings, US
69.8%
acceptance rate
61.8%
150%-time completion
+21%
earnings, 6→10 yrs
Suburb: Large Carnegie: Bacc: A&S
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Institution data retrieved July 2026; field-of-study data retrieved March 2026.

How to read this Franklin College profile

Figures above come from IPEDS institution records published through the College Scorecard (retrieved July 2026 for institution fields; March 2026 for field-of-study). Peer groups and cost cohorts follow IPEDS ownership sector, Carnegie class ("Baccalaureate Colleges: Arts & Sciences Focus"), and locale, not an editorial shortlist.

Average net price subtracts grant and scholarship aid from cost of attendance for full-time, first-time undergraduate Title IV recipients. It is a defined cohort average, not a personalized price; income-band fields add context but do not replace the school's current net-price calculator.

Earnings use Treasury-linked records for federally aided former students who were working and not enrolled in the measurement year (completers and noncompleters). IPEDS completion and retention use separate first-time, full-time cohorts, so those denominators are not the earnings cohort. Read cost, completion, and earnings as distinct historical measures, not a causal verdict or individual forecast.

College Value Score

C-
College Value Score
51/100
Franklin College

A 6-metric composite of earnings, cost, and completion outcomes benchmarked against every reporting US college, not a ranking of teaching quality, campus life, or fit for any individual student. See the full methodology.

Earnings B+
$55,376
10-year median former-student earnings
Net Price F
$22,855
Average annual cost after grants and aid
Completion Rate C
61.8%
Completion within 150% of normal time
Debt F
$27,000
Median federal debt at graduation
Loan Repayment A
80.6%
Borrowers repaying loans within 3 years
Retention D
72.9%
First-year students returning for year two
Franklin College vs. the national benchmark
EarningsNet PriceCompletionDebtRepaymentRetention

Each axis is the percentile score shown in the breakdown at left; the shape shows this school's overall profile at a glance.

10-yr median earnings

$55,376

Federal aid recipients only

Avg net price

$22,855

After grants and scholarships

150%-time completion

61.8%

Full-time, first-time cohort

150%-time completion vs portal median (57.1%) 61.8%

Four-year-institution cohort

College ROI Quadrant - Franklin College vs peers

Franklin College positioned by earnings vs cost Two-by-two quadrant chart: x-axis median earnings 10 years after enrollment, y-axis average net price after financial aid. Each dot is a college, colored by completion within 150% of normal time (garnet ≥65%, amber 45-64%, red <45%). Net price increases upward, earnings increase rightward, so: bottom-right = best value (low cost, high earnings); top-right = premium (high cost, high earnings); bottom-left = community college tier (low cost, modest earnings); top-left = cost challenge (high cost, low earnings). Currently plotting 8 colleges. Source: U.S. Department of Education College Scorecard joined to Carnegie Classification. Franklin College positioned by earnings vs c… Carnegie Classification: Bacc: A&S Bacc: A&S COST CHALLENGE PREMIUM COMMUNITY BEST VALUE $21K $73K Median Earnings 10 Years After Enrollment ($) $12K $33K Avg Net Price ($) Franklin College (you are here): $55K earn · $23K net · 62% grad You are here - Franklin College Wabash College: $70K earn · $24K net · 77% grad Wabash College Manchester University: $52K earn · $19K net · 45% grad Manchester Univers… Saint Mary-of-the-Woods College: $44K earn · $32K net · 49% grad Saint Mary-of-the-… Bethel University: $49K earn · $19K net · 55% grad Bethel University Goshen College: $52K earn · $14K net · 63% grad Goshen College Hanover College: $54K earn · $22K net · 65% grad Empire Beauty School-Indianapolis: $24K earn · $17K net Grad rate (4yr) ≥65% 45-64% <45%
Source: U.S. Department of Education College Scorecard + Carnegie Classification of Institutions of Higher Education

Each dot is a college plotted by 10-year median earnings (x-axis) vs average net price (y-axis), colored by completion within 150% of normal time. Bottom-right = high earnings/lower price; top-left = lower earnings/higher price.

How Franklin College ranks nationally

Where this school's former-student earnings fall within the full national distribution of every US college that reports to the College Scorecard, not just its peer set.

Franklin College: former-student earnings vs. every US college

10-year median earnings, College Scorecard

$55,376 Top 21% higher than 79% of 5,103 US colleges

$0–$20,000: 169 US colleges (3%). Below this entry. $20,000–$40,000: 2,245 US colleges (44%). Below this entry. $40,000–$60,000: 1,897 US colleges (37%). This entry sits in this band. $60,000–$80,000: 606 US colleges (12%). Above this entry. $80,000–$100,000: 134 US colleges (3%). Above this entry. $100,000–$120,000: 39 US colleges (1%). Above this entry. $120,000–$140,000: 11 US colleges (0%). Above this entry. $140,000–$160,000: 2 US colleges (0%). Above this entry. This college $0 $160,000 every US college, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US colleges. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Department of Education, College Scorecard · Mar–Jul 2026 retrievals

Metric Franklin College National rank Percentile
10-yr median earnings $55,376 #1071 of 5103 79th
Average net price $22,855 #3615 of 5020 28th (lower is better)
150%-time completion 61.8% #2063 of 4858 58th
Undergraduate enrollment 900 #2278 of 5462 58th

National ranks count every operating US college reporting each metric to the College Scorecard, separate from the earnings histogram above.

Quick Facts

900
Undergraduate enrollment
69.8%
Acceptance rate
1,145
SAT average
61.8%
150%-time completion
$55,376
10-yr median earnings
72.9%
First-year retention

How Franklin College ranks in Indiana

State rank among 126 reporting Indiana colleges with College Scorecard data, a separate lens from the national distribution above.

Metric Franklin College State rank Percentile
10-yr median earnings $55,376 #31 of 126 75th
Average net price $22,855 #68 of 96 29th (lower is better)
150%-time completion 61.8% #41 of 87 53rd
Undergraduate enrollment 900 #41 of 100 59th

Highest former-student earnings in Indiana

Admissions

Admission Rate 69.8%
SAT Average 1,145
SAT Math (25th-75th) 520 – 620
SAT Reading (25th-75th) 540 – 620
ACT Average 23
ACT (25th-75th) 20 – 26
0%100%69.8%
Share of applicants admitted

Costs & Financial Aid

Net price by family income at Franklin College

Average annual net price after grants; Title IV recipient cohort by income bracket

net price / yr

What this shows Need-based aid pulls net price down at lower brackets at Franklin College - compare the bar for your income band, not the overall average alone.

Source U.S. Department of Education, College Scorecard As of Mar–Jul 2026 retrievals

Tuition & Net Price

In-State Tuition $38,710
Out-of-State Tuition $38,710
Average Net Price $22,855
36.4%
Pell Grant Rate
54.2%
Federal Loan Rate
$27,000
Median Debt
$286/mo
Monthly Payment

Net price at Franklin College swings rather than trends

Across 11 reported years between 2013 and 2023, the average net price here has ranged from $18,419 to $22,762 without settling into a rise or a fall. Comparing only the first and last years would read as +11.4%, but the years in between do not follow that line, so the honest summary is the range rather than a trend. Budget against the upper end, not the average.

Lowest year
$18,419
Highest year
$22,762
Most recent (2023)
$22,762
Average net price, 2013–2023

11 reported years. Nominal dollars, not adjusted for inflation.

2013: $20,4382014: $21,5532015: $21,6982016: $21,0982017: $21,7832018: $21,5632019: $21,8382020: $20,5352021: $21,1852022: $18,4192023: $22,762
2013 · $20,4382023 · $22,762

Over the same years, enrollment went -10.0% (969 → 872 students).

Source: U.S. Department of Education, College Scorecard, per-year fields (2013–2023). Net price is the average cost after grant and scholarship aid for federally-aided undergraduates.

Student Demographics

Race & ethnicity

Student body at a glance

46.6%
Female
29.4%
First Generation

Outcomes

72.9%
Retention Rate
$45,635
Median Earnings (6yr)
74.8%
Earning Over $25K
80.6%
Loan Repayment, Completers (3yr)

Outcomes & debt snapshot

Measure Cohort / horizon Value
Completion within 150% of normal time First-time, full-time 61.8%
First-year retention First-time, full-time freshmen 72.9%
Median earnings 6 years after entry $45,635
Median earnings 10 years after entry $55,376
Share earning over $25,000 Working, not enrolled 74.8%
Loan repayment rate Completers, 3 years after leaving 80.6%
Median federal student debt At completion $27,000
Estimated monthly payment Standard 10-year plan $286/mo

Programs & Earnings

Top programs at Franklin College by completer earnings

Median earnings of program completers, College Scorecard field-of-study file

median earnings

What this shows The highest-earning programs at a school are not necessarily its most popular ones - a small specialized program can post strong median earnings without reflecting the outcome most students here actually see.

Source U.S. Department of Education, College Scorecard As of Mar–Jul 2026 retrievals
Program Credential Completers Median Earnings Median Debt
Finance and Financial Management Services Bachelor's 6 $84,829 -
Business/Commerce, General Bachelor's 9 $84,491 -
Business Administration, Management and Operations Bachelor's 17 $77,821 -
Sociology Bachelor's 6 $58,827 $27,000
Sports, Kinesiology, and Physical Education/Fitness Bachelor's 21 $54,636 $27,000
Public Relations, Advertising, and Applied Communication Bachelor's 11 $54,298 $27,000
Psychology, General Bachelor's 16 $49,687 $27,000
Teacher Education and Professional Development, Specific Levels and Methods Bachelor's 8 $46,423 $27,000
Teacher Education and Professional Development, Specific Subject Areas Bachelor's - - -
Biology, General Bachelor's 14 - $26,000

Independent Scorecard matches among reporting colleges — not recommendations from the institution or a counselor.

Frequently Asked Questions

What is the acceptance rate at Franklin College?
Franklin College is a private nonprofit institution in Franklin, Indiana. The acceptance rate is 69.8%. The average SAT score is 1,145. Undergraduate enrollment is 900 students.
How much do Franklin College former students earn?
Federally aided former students at Franklin College who were working and not enrolled had median earnings of $55,376 ten years after entry; the cohort is not limited to graduates. Six years after entry, the corresponding median is $45,635.
How much does Franklin College cost?
The average net price at Franklin College is $22,855. In-state tuition is $38,710 and out-of-state tuition is $38,710. Median student debt at graduation is $27,000.
What is the graduation rate at Franklin College?
Franklin College has a 61.8% completion rate within 150% of normal time at a four-year institution (typically six years for a bachelor’s program). The first-year retention rate is 72.9%.
Is Franklin College worth the student debt?
The median student debt at Franklin College is $27,000, while former students earn a median of $55,376 ten years after enrollment. That debt represents about 49% of those annual earnings. Among borrowers who completed their program, 80.6% are repaying their loans within 3 years. Estimated monthly loan payment is $286.

Sources & methodology

Private-nonprofit profiles emphasize Scorecard cost-after-aid and completion alongside IPEDS Carnegie class. Endowment, gifts, and sticker price are not Scorecard fields on this page.

Figures are the Mar–Jul 2026 federal retrievals. Nonprofit campuses vary widely in aid practice — net price here is the Title-IV-recipient cohort average, not an individual award letter. Read the full methodology for how the data is sourced, computed, and verified.

Where to go next from Franklin College

Nonprofit Scorecard medians describe federal-aid recipients who were working and not enrolled — they are not sticker-price ROI and not advice.

Every figure on PlainCollege is rendered directly from the U.S. Department of Education's College Scorecard data, no number is typed in by an editor. Private-nonprofit profiles compile Scorecard net-price and earnings cohorts with IPEDS structure fields — no editor-typed figures. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error on this page. Review the public data changelog. Data current as of Mar–Jul 2026 retrievals.