Student Outcomes
- Graduation Rate (4-year)
- 63.2%
- Graduation Rate (6-year)
- 63.4%
- Retention Rate
- 71.0%
- Median Earnings (10 years after entry)
- $55,376
- Median Debt at Graduation
- $27,000
- Student-to-Faculty Ratio
- 12:1
- Loan Repayment Rate
- 71.1%
- Estimated Monthly Loan Payment
- $286/mo
Earnings by Major
Top programs ranked by median earnings
| Program | Level | Median Earnings | Median Debt |
|---|---|---|---|
| Teacher Education and Professional Development, Specific Levels and Methods. | Bachelor | $38,829 | $27,000 |
| Psychology, General. | Bachelor | $26,353 | $27,000 |
| Biology, General. | Bachelor | $24,421 | $26,000 |
Outcomes Overview
Franklin College graduates enter the workforce with a median debt of $27,000, creating a manageable debt-to-earnings ratio of 0.49 compared to their $55,376 median salary after ten years. Monthly loan payments of $286 consume about 6% of typical graduate income, well below problematic thresholds. The college's strong education and journalism programs funnel many graduates into teaching, media, and nonprofit sectors where salaries start modestly but offer stability. With a 96.8% employment rate, Franklin delivers solid job placement despite its regional focus. Nearly 94% of students come from Indiana, and many stay local after graduation. The return on investment rates as average, offering reasonable career preparation without strong earning potential.