Est. Earnings (1yr)
$47,406
Est. from IN median (12 programs)
Est. Median Debt
$27,000
Est. from national median (93 programs)

Analysis

Business programs in Indiana show dramatic variation in outcomes, with top programs producing first-year earnings above $70,000 while mid-tier schools cluster closer to the state median. Franklin College's program appears to track right at that median—comparable programs across the state suggest earnings around $47,400, which matches the national benchmark almost exactly. The estimated $27,000 in debt is slightly above both the state and national medians for business degrees, though the 0.57 debt-to-earnings ratio falls within reasonable bounds for a bachelor's program.

What complicates the assessment here is Franklin's 71% admission rate and modest test scores, combined with its likely higher price point as a private institution. Students at similar Indiana public universities—IU South Bend, IU East—appear to earn roughly the same while potentially graduating with less debt. The program doesn't seem to be creating the earning power that might justify private college pricing, nor does it stand out from what state universities deliver.

For parents weighing this option, the key question is whether Franklin's smaller environment and specific offerings justify paying more for outcomes that mirror what's available elsewhere in Indiana. The debt load isn't alarming, but this doesn't look like a program that delivers outsized returns. If your child is comparing Franklin to Indiana's public options, understand they're likely looking at similar career trajectories—the private college premium here buys experience, not necessarily earnings.

Where Franklin College Stands

Earnings vs. debt across all business/commerce bachelors's programs nationally

Compare to Similar Programs in Indiana

Business/Commerce bachelors's programs at peer institutions in Indiana (22 total in state)

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SchoolIn-State TuitionEarnings (1yr)*Earnings (4yr)Median Debt*Debt/Earnings
Franklin CollegeFranklin$37,350$47,406*—$27,000*—
University of Notre DameNotre Dame$62,693$73,170*$84,414—*—
Indiana University-BloomingtonBloomington$11,790$71,100*$89,404$19,500*0.27
Indiana University-EastRichmond$8,179$54,860*$57,188$25,250*0.46
Indiana University-IndianapolisIndianapolis$10,449$52,467*$59,798$22,003*0.42
Indiana University-South BendSouth Bend$8,179$48,238*$51,179$20,500*0.42
National Median—$47,506*—$26,000*0.55
* Estimated from similar programs

Career Paths

Occupations commonly associated with business/commerce graduates

Sales Managers

Plan, direct, or coordinate the actual distribution or movement of a product or service to the customer. Coordinate sales distribution by establishing sales territories, quotas, and goals and establish training programs for sales representatives. Analyze sales statistics gathered by staff to determine sales potential and inventory requirements and monitor the preferences of customers.

$138,060/yrJobs growth:Bachelor's degree

Industrial Production Managers

Plan, direct, or coordinate the work activities and resources necessary for manufacturing products in accordance with cost, quality, and quantity specifications.

$121,440/yrJobs growth:Bachelor's degree

Quality Control Systems Managers

Plan, direct, or coordinate quality assurance programs. Formulate quality control policies and control quality of laboratory and production efforts.

$121,440/yrJobs growth:Bachelor's degree

Geothermal Production Managers

Manage operations at geothermal power generation facilities. Maintain and monitor geothermal plant equipment for efficient and safe plant operations.

$121,440/yrJobs growth:Bachelor's degree

Biofuels Production Managers

Manage biofuels production and plant operations. Collect and process information on plant production and performance, diagnose problems, and design corrective procedures.

$121,440/yrJobs growth:Bachelor's degree

Biomass Power Plant Managers

Manage operations at biomass power generation facilities. Direct work activities at plant, including supervision of operations and maintenance staff.

$121,440/yrJobs growth:Bachelor's degree

Hydroelectric Production Managers

Manage operations at hydroelectric power generation facilities. Maintain and monitor hydroelectric plant equipment for efficient and safe plant operations.

$121,440/yrJobs growth:Bachelor's degree

Construction Managers

Plan, direct, or coordinate, usually through subordinate supervisory personnel, activities concerned with the construction and maintenance of structures, facilities, and systems. Participate in the conceptual development of a construction project and oversee its organization, scheduling, budgeting, and implementation. Includes managers in specialized construction fields, such as carpentry or plumbing.

$106,980/yrJobs growth:Bachelor's degree

Administrative Services Managers

Plan, direct, or coordinate one or more administrative services of an organization, such as records and information management, mail distribution, and other office support services.

$106,880/yrJobs growth:Bachelor's degree

Facilities Managers

Plan, direct, or coordinate operations and functionalities of facilities and buildings. May include surrounding grounds or multiple facilities of an organization's campus.

$106,880/yrJobs growth:Bachelor's degree

Security Managers

Direct an organization's security functions, including physical security and safety of employees and facilities.

$106,880/yrJobs growth:Bachelor's degree

Chief Executives

Determine and formulate policies and provide overall direction of companies or private and public sector organizations within guidelines set up by a board of directors or similar governing body. Plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives and staff managers.

$105,350/yrJobs growth:Bachelor's degree
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.

Estimated Earnings: Actual earnings data is not available for this program (typically due to privacy thresholds when fewer than 30 graduates reported earnings). The estimate shown is based on the median of 12 similar programs in IN. Actual outcomes may vary.