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Franklin University — ROI, Cost & Payback

Private nonprofit · Columbus, OH · 5,562 students

The verdict

Franklin University charges a net price of $25,243/yr after aid — a 4-year total of $100,972. Graduates earn a median $51,892 ten years after entry, $3,532/yr above the $48,360 high-school baseline, clearing the total in 28.6 years — a 20-year net return of -$30,332, a weak return — the cost is hard to justify on earnings alone. (Scorecard, 2026 · our math.)

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Franklin University's 28.6-year payback ranks #1,127 of 1,280 US colleges we track — better ROI than 12% of them, and #55 of 144 in Ohio.

Better ROI than 12% of US colleges#1,127 of 1,280
Weakest ROIStrongest ROI
$25,243
Net price / yr
Scorecard, 2026
$51,892
Median earnings, 10 yrs
Scorecard, 2026
28.6 yrs
Payback
Our math, 2026
Admission rate
Scorecard, 2026
Franklin University: cost, earnings and payback
MeasureValueSource
Net price (after aid)$25,243/yrScorecard, 2026
Total net cost (4 yrs)$100,972our math
Median earnings, 10 yrs after entry$51,892Scorecard, 2026
Earnings premium over HS baseline$3,532/yrour math
Median debt (completers)$20,836Scorecard, 2026
Payback28.6 yrsour math
20-year net return-$30,332our math

College Scorecard (2026 release), institution-level · payback and returns are our math.

The arithmetic, on Franklin University's own numbers. Net price $25,243 × 4 years = $100,972 total. Median earnings $51,892 − the $48,360 high-school baseline = $3,532 a year of premium. $100,972 ÷ $3,532 = 28.6 years to break even; twenty years of that premium minus the cost leaves -$30,332. 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 University students graduate with?

A median $20,836 in federal loans among completers, or 40% of the $51,892 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.

What share of Franklin University students graduate?

11% finish their degree — 89% leave carrying the cost without the credential. Spread the $100,972 bill across that completion rate and the cohort pays $917,927 per graduate produced — our math, and the figure a payback number never shows.

Is Franklin University expensive compared with other Ohio colleges?

Its $25,243 net price runs $5,461 above the $19,783 median across the 144 Ohio colleges we profile, or $21,842 more across the full degree.

Franklin University: frequently asked questions

Is Franklin University worth the cost?
On the numbers, yes. Franklin University charges $25,243/yr after aid ($100,972 over 4 years), and graduates earn a median $51,892 ten years out — $3,532/yr above the $48,360 high-school baseline. That clears the cost in 28.6 years and returns -$30,332 net over 20 years, a weak return — the cost is hard to justify on earnings alone.
How long does a Franklin University degree take to pay off?
About 28.6 years. We divide the $100,972 four-year net cost by the $3,532/yr earnings premium over the high-school baseline. It is a floor, not a ceiling — mid-career raises pay it back faster.
How much does Franklin University cost after financial aid?
The median net price is $25,243/yr — about $100,972 over 4 years. That is what the typical aided student actually pays after grants and scholarships, not the published sticker price.
How does Franklin University compare to other Ohio colleges?
It ranks #55 of 144 Ohio colleges we track by payback. Its $51,892 median earnings beat the national median of $43,549, and its $25,243 net price is above the national median of $16,902.