Hanover College vs Franklin College: which has better ROI?
Franklin College has the better ROI: it clears its 4-year net cost of $91,420 in 13 years versus 15.6 years at Hanover College, on median earnings of $55,376 vs $53,957 ten years out. (Scorecard, 2026 · our math.)
| Measure | Hanover College | Franklin College |
|---|---|---|
| Net price / yr | $21,829 | $22,855 |
| Total net cost | $87,316 | $91,420 |
| Median earnings, 10 yrs | $53,957 | $55,376 |
| Median debt | $25,250 | $27,000 |
| Payback | 15.6 yrs | 13 yrs |
| 20-year net return | $24,624 | $48,900 |
College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.
Which is cheaper, Hanover College or Franklin College?
Hanover College, at $21,829 a year after aid versus $22,855 — a gap of $1,026 a year, or $4,104 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.
Do Hanover College or Franklin College graduates earn more?
Franklin College graduates report a median $55,376 ten years after entry, $1,419 more than the $53,957 at Hanover 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, Hanover College or Franklin College?
Hanover College: its completers carry a median $25,250 in federal loans versus $27,000 at Franklin College, a difference of $1,750. The figure counts students who finished; it excludes private loans and anyone who left before graduating.
Which graduates more of its students?
67% of students finish at Hanover 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.