U.S. median for this major: $47,823.
College Scorecard field of study; 25 graduates with earnings reported. A small group, so treat this figure with caution
Median for graduates who received federal aid.
College Scorecard field of study
About 58% of median earnings 4 years out. U.S. median $26,000.
College Scorecard field of study (federal loans)
Average after grants for all families receiving federal aid. Pick your income above.
Sticker price $54,178. College Scorecard.
Franklin College Education (Elementary / Secondary): pay against the field, and payback
Same major, other colleges
Median earnings 4 years after graduating; state and U.S. figures are the median of each covered college's graduates in this major. College Scorecard; calculated by EducationGuide.
Education (Elementary / Secondary) nationally: jobs, pay at ages 25-34, every state →
Cost to finish and years to pay back, by income
Uses Franklin College's school-wide net price (no college reports it by major) and this major's graduate earnings.
| Family income | Net price / yr | Cost to finish | Years to pay back |
|---|---|---|---|
| $0–30k | $14,790 | $59,752 | 5.5 years |
| $30–48k | $15,822 | $63,921 | 5.9 years |
| $48–75k | $20,093 | $81,176 | 7.5 years |
| $75–110k | $23,439 | $94,694 | 8.7 years |
| $110k+ | $30,316 | $122,477 | 11.2 years |
Cost to finish = yearly price × 4.0 years, the average time graduates took (61% finished in 4 years; students who entered fall 2017, IPEDS). Years to pay back = cost to finish ÷ the earnings gain: median earnings of Education (Elementary / Secondary) graduates 4 years after graduating ($46,423) minus $35,534 for high school graduates ages 25-34 in IN (Census ACS 2020-2024), a gain of $10,889 a year. Before taxes, loan interest and earnings given up while in school. Method
College Scorecard; IPEDS Graduation Rates; U.S. Census Bureau ACS. Calculated by EducationGuide.
Education (Elementary / Secondary) at Indiana colleges
Every Indiana college we cover that reports Education (Elementary / Secondary) graduate earnings, highest first. Net price is the school-wide average after grants. Colleges marked "mostly 2-year" or "bachelor's & associate" award more associate degrees than bachelor's; their bachelor's programs often serve working adults finishing a degree (for example, nurses completing a BSN), so their graduates' earnings can run higher than those of students starting college at 18.
| Rank | College | Earnings, 4 yrs | Median debt | Avg. net price | Graduation |
|---|---|---|---|---|---|
| 1 | Indiana University-Northwest | $54,088 | $31,000 | $5,130 | 37% |
| 2 | Valparaiso University | $53,495 | $27,000 | $18,578 | 70% |
| 3 | Indiana University-Bloomington | $52,269 | $23,741 | $16,264 | 80% |
| 4 | Saint Mary's College | $51,665 | $27,000 | $25,292 | 69% |
| 5 | Marian University | $50,399 | $27,000 | $24,018 | 67% |
| 6 | Marian University-Ancillamostly 2-year | $50,399 | $27,000 | $19,463 | — |
| 7 | Taylor University | $50,237 | $25,000 | $24,865 | 74% |
| 8 | University of Indianapolis | $49,861 | $27,000 | $21,602 | 56% |
| 9 | Indiana University-Indianapolis | $49,540 | $23,000 | $11,668 | 54% |
| 10 | Purdue University Northwest | $49,224 | $27,000 | $6,079 | 43% |
| 11 | Purdue University | $48,502 | $18,646 | $14,600 | 83% |
| 12 | Grace College and Theological Seminary | $48,406 | $15,250 | $19,932 | 69% |
| 13 | Ball State University | $48,344 | $24,655 | $14,940 | 62% |
| 14 | Anderson University | $47,968 | $26,851 | $25,021 | 54% |
| 15 | Indiana Wesleyan University-Marion | $47,578 | $24,739 | $22,866 | 67% |
| 16 | Indiana University-East | $47,103 | $25,866 | $8,134 | 40% |
| 17 | Franklin College | $46,423 | $27,000 | $22,855 | 60% |
| 18 | Indiana University-Southeast | $46,073 | $24,145 | $7,888 | 39% |
| 19 | Indiana University-South Bend | $45,755 | $26,000 | $8,653 | 40% |
| 20 | Purdue University Fort Wayne | $45,525 | $25,834 | $13,171 | 36% |
| 21 | University of Southern Indianabachelor's & associate | $45,245 | $23,500 | $12,923 | 48% |
| 22 | Bethel University | $45,222 | $27,000 | $18,610 | 53% |
| 23 | Indiana State University | $44,482 | $25,000 | $10,873 | 43% |
| 24 | Indiana University-Kokomo | $43,726 | $25,885 | $3,968 | 46% |
14 more Indiana colleges offer Education (Elementary / Secondary) but have too few graduates to report earnings.
Careers for Education (Elementary / Secondary) graduates
Elementary school teacher
Median annual wage, all workers. U.S. jobs -0.4% by 2035. Typical entry: bachelor's degree.
Secondary School Teachers, Except Special and Career/Technical Education
Median annual wage, all workers. U.S. jobs -0.2% by 2035. Typical entry: bachelor's degree.
Training and Development Specialists
Median annual wage, all workers. U.S. jobs +10.8% by 2035. Typical entry: bachelor's degree.
BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35. Careers from the federal major-to-occupation crosswalk.
What families pay at Franklin College, by income
School-wide average after grants for students receiving federal aid. Tap your band.
College Scorecard
About Franklin College
- Acceptance rate: 70% · admissions
- Graduation rate: 60% within 6 years
- Median earnings, all majors, 10 years after starting: $55,376
- Full cost breakdown · all 40 majors · overview
Related majors at Franklin College
- Education (Subject Teaching)—
Franklin College Education (Elementary / Secondary) questions
How much do Franklin College Education (Elementary / Secondary) graduates earn?
Education (Elementary / Secondary) graduates of Franklin College earn a median $46,423 four years after graduating and $47,610 one year after. The U.S. median for Education (Elementary / Secondary) graduates across 671 colleges is $47,823.
How much debt do Franklin College Education (Elementary / Secondary) graduates have?
The median federal loan debt for Education (Elementary / Secondary) graduates of Franklin College is $27,000, about 58% of their median earnings four years out. Nationally the median is $26,000.
Is Franklin College a good school for Education (Elementary / Secondary) in Indiana?
On pay, Education (Elementary / Secondary) graduates of Franklin College earn $46,423 four years out, $1,733 below the median for the same major across 26 Indiana colleges ($48,156) and $1,400 below the U.S. median ($47,823). Medians of each college's graduates; EducationGuide calculation from College Scorecard.
Where does Franklin College rank for Education (Elementary / Secondary) in Indiana?
Of 24 Indiana colleges reporting Education (Elementary / Secondary) graduate earnings, Franklin College ranks 17th; among the 22 that mostly award bachelor's degrees it ranks 16th. The highest is Indiana University-Northwest at $54,088.
What jobs do Education (Elementary / Secondary) graduates get?
A common career is elementary school teacher, with a median wage of $60,510 in the Indianapolis-Carmel-Greenwood, IN area and $63,970 nationally. Others include secondary school teachers, except special and career/technical education and training and development specialists.
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Sources: U.S. Department of Education College Scorecard (field of study: median earnings and federal loan debt of graduates who received federal aid); BLS. How we score
Data: JSON · Markdown · all datasets
Cite this: “Franklin College Education (Elementary / Secondary): earnings, debt and careers,” EducationGuide.com, https://educationguide.com/colleges/franklin-college/majors/education-elementary-secondary (College Scorecard and BLS data).