Business Administration, Management and Operations at Franklin College

Franklin College's business program produces first-year earnings of $56,487—well above both the national median of $45,703 and Indiana's $49,245. This puts graduates in the 87th percentile nationally, competing effectively with larger universities. The catch? While the earnings are strong and reported by the Department of Education, debt figures come from state peers rather than Franklin's specific graduates, with an estimated $27,000 load typical of similar Indiana programs.

That debt-to-earnings ratio of 0.48 suggests manageable repayment if the earnings hold true. Business graduates at this level would face monthly payments around $300 on a standard plan—roughly 6% of gross monthly income at $56,487 annually. The college serves a substantial portion of Pell-eligible students (39%) yet delivers outcomes that exceed most peer schools, including some with more selective admissions profiles.

The uncertainty here is whether Franklin's actual debt burden matches the state estimate. Some Indiana business programs leave graduates with significantly more or less debt than the $27,000 benchmark. What you can bank on is the earnings data—it's real and impressive. For a business degree from a school with a 71% acceptance rate to outperform 87% of similar programs nationally is noteworthy. If the debt estimate proves accurate, this represents strong value, but confirming actual borrowing patterns with Franklin's financial aid office would eliminate the guesswork before committing.