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Franklin College vs Goshen College: which has better ROI?

Private nonprofit, Franklin IN · vs · Private nonprofit, Goshen IN

The verdict

Franklin College has the better ROI: it clears its 4-year net cost of $91,420 in 13 years versus 16.2 years at Goshen College, on median earnings of $55,376 vs $51,943 ten years out. (Scorecard, 2026 · our math.)

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Head to head
MeasureFranklin CollegeGoshen College
Net price / yr$22,855$14,493
Total net cost$91,420$57,972
Median earnings, 10 yrs$55,376$51,943
Median debt$27,000$22,974
Payback13 yrs16.2 yrs
20-year net return$48,900$13,688

College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.

Which is cheaper, Franklin College or Goshen College?

Goshen College, at $14,493 a year after aid versus $22,855 — a gap of $8,362 a year, or $33,448 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Franklin College or Goshen College graduates earn more?

Franklin College graduates report a median $55,376 ten years after entry, $3,433 more than the $51,943 at Goshen College. Both are institution-wide medians from federal tax records, so a high-paying major at the lower school can beat the average at the higher one.

Which leaves students with less debt, Franklin College or Goshen College?

Goshen College: its completers carry a median $22,974 in federal loans versus $27,000 at Franklin College, a difference of $4,026. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

65% of students finish at Goshen College, against 60% at Franklin College. Completion matters to the ROI arithmetic because a degree that is never finished still carries its cost and its debt, but earns none of the graduate premium above the $48,360 high-school baseline.

Franklin College vs Goshen College: frequently asked questions

Is Franklin College or Goshen College a better value?
Franklin College. It clears its $91,420 net cost in about 13 years versus 16.2 years at Goshen College, on median earnings of $55,376 vs $51,943 ten years out.
Which is cheaper, Franklin College or Goshen College?
Goshen College: $14,493/yr net price after aid versus $22,855/yr at Franklin College — a difference of $8,362 a year, or about $33,448 over four years.
Do Franklin College or Goshen College graduates earn more?
Franklin College graduates earn a median $55,376 ten years after entry, versus $51,943 at Goshen College — a $3,433 gap. This blends every major, so a specific field can flip it.