College ROI

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Franklin College

Franklin, IN 900 Undergrads 61.6% Grad Rate
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Total Cost
$54,178
Sticker Price
Avg Net Price
$22,855
After Aid
Median Earnings
$53,224
4yr Post-Grad

Vs. Peer Institutions

Net Price$22,855
Peer Midpoint: $20,081
Earnings (4yr Post-Grad)Completers only after graduation
$53,224
Peer Midpoint: $60,428
Earnings (10yr Post-Enroll)All enrolled after enrollment
$55,376
Peer Midpoint: $53,763
Graduation Rate61.6%
Peer Midpoint: 58.9%
Average Starting Age19.9
Socio-Economic Diversity
Pell Grant Recipients39.2%
Enrollment Status
Full-Time98.8%
Economic Outcomes
Earn More than HS79.4%

Admissions Profile

Acceptance
69.8%
SAT Avg
1,145
SAT Reading
25th: 54053575th: 620
SAT Math
25th: 52053575th: 620
ACT Composite
25th: 202375th: 26

ROI Sensitivity Analysis
Assuming 4 Years to Graduation

This analysis tests three cost scenarios (Scholarship, Average Net Price, Full Sticker Price) to show how college costs impact your long-term return compared to the average student and a high school graduate.

Lifetime Value Added (NPV)

Institution Lifetime NPV
Vs Median Peer
Vs HS Grad
Zero Cost (Scholarship)$0
+$480k
+$14k
-$4k
Median Cost$23k/yr
+$398k
-$69k
-$86k
Full Cost$54k/yr
+$285k
-$181k
-$199k

ROI Efficiency Metrics

Break-Even Age
Return on Inv. %
Zero Cost (Scholarship)$0
Never
-∞
Median Cost$23k/yr
Never
-105%
Full Cost$54k/yr
Never
-102%
Analysis Assumptions:
  • Starting Salary: Estimated from the 4-year post-graduation median earnings (assuming 2% annual growth from graduation).
  • Comparisons: "Vs Median Peer" compares to the median student nationwide in a similar level program. "Vs HS Grad" compares to a median high school graduate.
  • Break-Even: The age at which the college investment net income exceeds the median high school graduate's lifetime earnings.
  • NPV: Net Present Value of all future earnings minus costs and taxes, discounted at 7.8%.

Social Impact ROINew

Measures the societal return on a donor's investment. Calculated as the incremental pre-tax lifetime earnings vs. HS grad, divided by the tax-adjusted donation cost.

Donor Return-94%

Gov. Pell Grant ROINew

Measures the government's return on Pell Grants via increased tax revenue. Calculated as the portion of incremental lifetime taxes (discounted at 5.4%) attributed to the Pell Grant investment.

Taxpayer Return-87%
Important Note: Your ROI with any major will depend on the cost you pay to attend the program, and your starting salary. Both vary significantly across institutions. We encourage you to explore the ROI of a specific program variant by selecting the Program title of the credential level you are interested in. You will then have a more detailed return analysis for programs at specific institutions. We also encourage you to use the ROI calculator, or for more sophisticated analysis, the Guided ROI Interview, with your specific estimates of cost and salary.

Program ROI Analysis

Bachelor's Degrees

Median Debt
-
Earnings (4yr)
-
Natl Median: $76,194
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $70,786
Lifetime Value Added
N/A
Applied Mathematics
BachCIP: 2703
Median Debt
-
Earnings (4yr)
-
Natl Median: $91,532
Lifetime Value Added
N/A
Biology, General
BachCIP: 2601
Median Debt
$26,000
Earnings (5yr)
$59,443
Natl Median: $57,214
Lifetime Value Added
-$45k
Median Debt
-
Earnings (4yr)
$77,821
Natl Median: $68,257
Lifetime Value Added
+$107k
Median Debt
-
Earnings (4yr)
$84,491
Natl Median: $68,407
Lifetime Value Added
+$158k
Median Debt
-
Earnings (4yr)
-
Natl Median: $66,697
Lifetime Value Added
N/A
Chemistry
BachCIP: 4005
Median Debt
-
Earnings (4yr)
-
Natl Median: $65,120
Lifetime Value Added
N/A
Computer Science
BachCIP: 1107
Median Debt
-
Earnings (4yr)
-
Natl Median: $107,009
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $58,894
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $51,490
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $39,775
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $48,842
Lifetime Value Added
N/A
Economics
BachCIP: 4506
Median Debt
-
Earnings (4yr)
-
Natl Median: $82,686
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $48,590
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $43,765
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
$84,829
Natl Median: $83,343
Lifetime Value Added
+$161k
Median Debt
-
Earnings (4yr)
-
Natl Median: $41,367
Lifetime Value Added
N/A
History
BachCIP: 5401
Median Debt
-
Earnings (4yr)
-
Natl Median: $50,680
Lifetime Value Added
N/A
Journalism
BachCIP: 0904
Median Debt
-
Earnings (4yr)
-
Natl Median: $56,278
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $53,072
Lifetime Value Added
N/A
Mathematics
BachCIP: 2701
Median Debt
-
Earnings (4yr)
-
Natl Median: $69,562
Lifetime Value Added
N/A
Music
BachCIP: 5009
Median Debt
-
Earnings (4yr)
-
Natl Median: $42,892
Lifetime Value Added
N/A
Philosophy
BachCIP: 3801
Median Debt
-
Earnings (4yr)
-
Natl Median: $54,455
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $63,293
Lifetime Value Added
N/A
Psychology, General
BachCIP: 4201
Median Debt
$27,000
Earnings (4yr)
$49,687
Natl Median: $50,706
Lifetime Value Added
-$116k
Median Debt
$27,000
Earnings (4yr)
$54,298
Natl Median: $63,560
Lifetime Value Added
-$77k
Median Debt
-
Earnings (4yr)
-
Natl Median: $41,390
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $48,471
Lifetime Value Added
N/A
Median Debt
-
Earnings (4yr)
-
Natl Median: $55,000
Lifetime Value Added
N/A
Sociology
BachCIP: 4511
Median Debt
$27,000
Earnings (4yr)
$58,827
Natl Median: $52,657
Lifetime Value Added
-$40k
Sports, Kinesiology, and Physical Education/Fitness
BachCIP: 3105
Median Debt
$27,000
Earnings (4yr)
$54,636
Natl Median: $54,562
Lifetime Value Added
-$75k
Median Debt
$27,000
Earnings (4yr)
$46,423
Natl Median: $47,382
Lifetime Value Added
-$143k
Median Debt
-
Earnings (4yr)
-
Natl Median: $51,389
Lifetime Value Added
N/A

Master's Degrees

Median Debt
-
Earnings (4yr)
-
Natl Median: $127,347
Lifetime Value Added
N/A

Note: Lifetime Value Added is the Net Present Value (NPV) of estimated career earnings relative to a median high school graduate (for undergraduate programs) or a median bachelor's degree holder (for graduate programs), accounting for this institution's average cost and taxes. Computed over a career to retirement age.

For graduate programs (Master's, Doctoral, etc.), the calculation assumes a starting age of 22 (after undergraduate completion) and does not include the sunk costs of prior degrees. It represents the value added of the graduate decision moving forward. Note that the institution's average undergraduate net price is used as a proxy for annual cost, which may differ from actual graduate tuition. These Lifetime Value Added results for graduate degrees should not be compared with those for Undergraduate Certificates, Associates or Bachelors.

Completers Only: Federal median earnings data strictly reflects outcomes for students who successfully graduated. Students who do not complete their degree typically earn significantly less and face higher risks of debt default.