# Franklin College

Private nonprofit college in Franklin, IN. IPEDS ID 150604.
Source page: https://educationguide.com/colleges/franklin-college · Data: https://educationguide.com/data/colleges/franklin-college.json · Method: https://educationguide.com/how-we-score

## Key numbers
- Acceptance rate: 70% (Fall 2024, College Scorecard)
- Average net price after grants: $22,855 per year (AcadYr 2023-24, reported in IPEDS DCY2024-25)
- Graduation rate (6 years): 60%; beats 54% of IN colleges and 62% nationwide
- Median earnings 10 years after starting: $55,376; beats 68% of IN colleges and 57% nationwide
- Median debt at graduation: $18,998

## Net price by family income (per year, after grants)
| Family income | Net price |
|---|---|
| 0-30k | $14,790 |
| 30-48k | $15,822 |
| 48-75k | $20,093 |
| 75-110k | $23,439 |
| 110k+ | $30,316 |

Average after grants for first-time, full-time students receiving federal aid. Negative values mean grants exceed cost.

## Cost to finish and years to pay back (EducationGuide calculation)
Graduates took 4.04 years on average (61% finished in 4 years; Fall 2017 entrants, IPEDS). Earnings gain = $55,376 (median earnings of former students 10 years after starting college (College Scorecard)) minus $35,534 for high school graduates ages 25-34 in IN (Census ACS 2020-2024).

| Family income | Net price / yr | Cost to finish | Years to pay back |
|---|---|---|---|
| 0-30k | $14,790 | $59,752 | 3.0 years |
| 30-48k | $15,822 | $63,921 | 3.2 years |
| 48-75k | $20,093 | $81,176 | 4.1 years |
| 75-110k | $23,439 | $94,694 | 4.8 years |
| 110k+ | $30,316 | $122,477 | 6.2 years |

Method: https://educationguide.com/how-we-score#value

## Sticker price
- Cost of attendance: $54,178
- Tuition and fees: $38,710
- Housing and meals: $11,290; books: $1,300

## Admissions
- SAT reading & writing: 540–620; SAT math: 520–620; ACT: 20–26 (25th–75th percentile, Fall 2024)
- Fall 2023: 2,264 applicants, 1,598 admitted, 256 enrolled; test scores considered but not required
- Fall 2024: acceptance 70%, ACT 20–26 (College Scorecard)
- Fall 2023: acceptance 71%, ACT 21–27 (IPEDS Admissions)

## Majors (40 bachelor's majors)
| Major | Earnings 1 yr | Earnings 4 yrs | Median debt |
|---|---|---|---|
| Finance | $57,037 | $84,829 | not reported |
| Business | not reported | $84,491 | not reported |
| Business Administration | $56,487 | $77,821 | not reported |
| Sociology | $37,759 | $58,827 | $27,000 |
| Kinesiology / Exercise Science | $24,181 | $54,636 | $27,000 |
| Public Relations and Advertising | $36,964 | $54,298 | $27,000 |
| Psychology | $31,769 | $49,687 | $27,000 |
| Education (Elementary / Secondary) | $47,610 | $46,423 | $27,000 |
| Journalism | not reported | not reported | not reported |
| Computer Science | not reported | not reported | not reported |
| Software and Media Applications | not reported | not reported | not reported |
| Education (Subject Teaching) | $49,725 | not reported | not reported |
| Computer Engineering | not reported | not reported | not reported |
| Spanish / French / Romance Languages | not reported | not reported | not reported |
| English | not reported | not reported | not reported |
| Writing | not reported | not reported | not reported |
| Liberal Arts / General Studies | not reported | not reported | not reported |
| Biology | $30,969 | not reported | $27,000 |
| Cell / Cellular Biology and Anatomical Sciences | not reported | not reported | not reported |
| Ecology and Evolutionary Biology | not reported | not reported | not reported |
| Neuroscience | not reported | not reported | not reported |
| Mathematics | not reported | not reported | not reported |
| Applied Mathematics | not reported | not reported | not reported |
| International / Global Studies | not reported | not reported | not reported |
| Philosophy | not reported | not reported | not reported |
| Religious Studies | not reported | not reported | not reported |
| Chemistry | not reported | not reported | not reported |
| Economics | not reported | not reported | not reported |
| International Relations | not reported | not reported | not reported |
| Political Science | not reported | not reported | not reported |
| Graphic / Interior / Fashion Design | not reported | not reported | not reported |
| Theatre | not reported | not reported | not reported |
| Film and Photography | not reported | not reported | not reported |
| Studio Art | not reported | not reported | not reported |
| Music | not reported | not reported | not reported |
| Allied Health (Imaging / Therapy / Tech) | not reported | not reported | not reported |
| Accounting | not reported | not reported | not reported |
| International Business | not reported | not reported | not reported |
| Management Science / Analytics | not reported | not reported | not reported |
| History | not reported | not reported | not reported |

## Major to career
- Public Relations and Advertising → Public relations specialist: median wage $66,450 (Indianapolis-Carmel-Greenwood, IN), $64,900 (IN), $74,750 (U.S.)
- Education (Elementary / Secondary) → Elementary school teacher: median wage $60,510 (Indianapolis-Carmel-Greenwood, IN), $59,700 (IN), $63,970 (U.S.)

## Sources and years
- Net price: AcadYr 2023-24, reported in IPEDS DCY2024-25; cost of attendance: AcadYr 2023-24, reported in IPEDS DCY2024-25; tuition: AcadYr 2024-25, reported in IPEDS DCY2024-25
- Graduation: Fall 2018 or AcadYr 2018-19 cohort (differs by institutional calendar), reported in IPEDS DCY2024-25; earnings: Treasury AY2009-10, AY2010-11 pooled cohort measured in CY2020, CY2021, inflation adjusted to 2022 dollars; debt: NSLDS FY2020, FY2021 pooled cohorts
- Major earnings (4 yr): Treasury AY2017-2018, AY2018-2019 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars

Free to reuse with attribution: cite "EducationGuide.com" with a link to the page URL. Most figures are U.S. government data (public domain); loan default rates and athletics come from the Urban Institute Education Data Portal (ODC-By 1.0, attribution required) and founding years from Wikidata (CC0).