Franklin College — ROI, Cost & Payback
Franklin College charges a net price of $22,855/yr after aid — a 4-year total of $91,420. Graduates earn a median $55,376 ten years after entry, $7,016/yr above the $48,360 high-school baseline, clearing the total in 13 years — a 20-year net return of $48,900, a slow but positive payback. (Scorecard, 2026 · our math.)
Franklin College's 13-year payback ranks #903 of 1,280 US colleges we track — better ROI than 30% of them, and #19 of 56 in Indiana.
| Measure | Value | Source |
|---|---|---|
| Net price (after aid) | $22,855/yr | Scorecard, 2026 |
| Total net cost (4 yrs) | $91,420 | our math |
| Median earnings, 10 yrs after entry | $55,376 | Scorecard, 2026 |
| Earnings premium over HS baseline | $7,016/yr | our math |
| Median debt (completers) | $27,000 | Scorecard, 2026 |
| Payback | 13 yrs | our math |
| 20-year net return | $48,900 | our math |
College Scorecard (2026 release), institution-level · payback and returns are our math.
The arithmetic, on Franklin College's own numbers. Net price $22,855 × 4 years = $91,420 total. Median earnings $55,376 − the $48,360 high-school baseline = $7,016 a year of premium. $91,420 ÷ $7,016 = 13 years to break even; twenty years of that premium minus the cost leaves $48,900. Future dollars are not discounted, and the earnings figure blends every major here — your programme can beat or miss it. Full method.
How much debt do Franklin College students graduate with?
A median $27,000 in federal loans among completers, or 49% of the $55,376 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.
What share of Franklin College students graduate?
60% finish their degree — 40% leave carrying the cost without the credential. Spread the $91,420 bill across that completion rate and the cohort pays $152,367 per graduate produced — our math, and the figure a payback number never shows.
Is Franklin College expensive compared with other Indiana colleges?
Its $22,855 net price runs $3,158 above the $19,698 median across the 56 Indiana colleges we profile, or $12,630 more across the full degree.