Median Earnings (1yr)
$30,969
42nd percentile (40th in IN)
Median Debt
$27,000
8% above national median
Debt-to-Earnings
0.87
Manageable
Sample Size
16
Limited data

Analysis

Franklin College biology graduates earn significantly less than their Indiana peers—about $5,000 below the state median and trailing every comparison school by substantial margins. While the debt load is manageable at $27,000, the first-year earnings of $31,000 place graduates in the 40th percentile statewide, meaning six out of ten Indiana biology programs deliver better starting salaries. That gap matters when you're comparing options like Purdue (30% higher earnings) or Indiana State (41% higher) at similar debt levels.

The small sample size here is worth noting—we're looking at fewer than 30 graduates, so individual circumstances could skew these numbers considerably. Still, the pattern is concerning: biology majors typically face challenging job markets regardless of school, but Franklin's outcomes lag behind both state and national benchmarks. The 0.87 debt-to-earnings ratio isn't catastrophic, but it means your child would be carrying nearly a year's salary in debt while earning less than most Indiana biology graduates.

If your child is set on biology and considering Franklin, understand they'll likely need graduate school for career advancement—a reality for most biology majors—but they'll be starting from a weaker financial position than at Indiana's larger public universities. The lower admission standards and smaller school environment may offer other benefits, but purely from an earnings standpoint, this program underperforms its in-state alternatives.

Where Franklin College Stands

Earnings vs. debt across all biology bachelors's programs nationally

Franklin CollegeOther biology programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How Franklin College graduates compare to all programs nationally

Franklin College graduates earn $31k, placing them in the 42th percentile of all biology bachelors programs nationally.

Compare to Similar Programs in Indiana

Biology bachelors's programs at peer institutions in Indiana (42 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Franklin College$30,969—$27,0000.87
Indiana State University$43,656$46,860$21,9480.50
Purdue University-Main Campus$40,145$56,985$20,3800.51
University of Indianapolis$39,909$58,425$27,0000.68
Trine University$39,067—$23,2500.60
University of Southern Indiana$38,985$49,171$23,3750.60
National Median$32,316—$25,0000.77

Other Biology Programs in Indiana

Compare tuition, earnings, and debt across Indiana schools

SchoolIn-State TuitionEarnings (1yr)Debt
Indiana State University
Terre Haute
$9,992$43,656$21,948
Purdue University-Main Campus
West Lafayette
$9,992$40,145$20,380
University of Indianapolis
Indianapolis
$36,136$39,909$27,000
Trine University
Angola
$35,600$39,067$23,250
University of Southern Indiana
Evansville
$10,136$38,985$23,375

About This Data

Source: U.S. Department of Education College Scorecard (October 2025 release)

Population: Graduates who received federal financial aid (Title IV grants or loans). At Franklin College, approximately 39% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.

Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.

Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.