Analysis
Peer programs nationally suggest first-year earnings around $38,200 for this software-focused bachelor's degree, paired with estimated debt near $25,600—a ratio that sits in manageable territory at 0.67. What complicates the picture is Indiana's wide range: Purdue's main campus reports the same $38,200 figure, while its regional Northwest campus shows just $21,500. Franklin falls somewhere in this state landscape where similar programs can produce vastly different outcomes.
The debt load, estimated from comparable private institutions nationally, translates to roughly $285 monthly over ten years—digestible if earnings track closer to the Purdue flagship level. But Indiana's median for these programs sits at $29,900, nearly $10,000 below both the national benchmark and what Franklin's peers suggest. That gap matters when you're budgeting loan payments against take-home pay in those critical first years.
For parents, the challenge here is the double uncertainty: not only are these figures estimates rather than Franklin's actual graduate outcomes, but Indiana's software job market appears to reward credentials and connections unevenly. If your student has alternative offers from programs with reported data—especially public flagships—those provide more concrete ground for comparison. This could work out fine financially, but you're making that bet without Franklin's track record as evidence.
Where Franklin College Stands
Earnings vs. debt across all computer software and media applications bachelors's programs nationally
Compare to Similar Programs in Indiana
Computer Software and Media Applications bachelors's programs at peer institutions in Indiana (8 total in state)
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| School | In-State Tuition | Earnings (1yr)* | Earnings (4yr) | Median Debt* | Debt/Earnings |
|---|---|---|---|---|---|
| $37,350 | $38,234* | — | $25,603* | — | |
| $9,992 | $38,234* | $45,686 | $21,250* | 0.56 | |
| $8,419 | $21,532* | — | $17,750* | 0.82 | |
| National Median | — | $38,234* | — | $27,000* | 0.71 |
Career Paths
Occupations commonly associated with computer software and media applications graduates
Computer and Information Systems Managers
Computer and Information Research Scientists
Software Developers
Database Administrators
Database Architects
Data Warehousing Specialists
Data Scientists
Business Intelligence Analysts
Clinical Data Managers
Special Effects Artists and Animators
Computer Programmers
Web Developers
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 national median of 55 similar programs. Actual outcomes may vary.