Teacher Education and Professional Development, Specific Levels and Methods at Franklin College
Bachelor's Degree
franklincollege.eduAnalysis
Franklin College's education program graduates earn nearly $48,000 in their first year—outpacing 92% of similar programs nationally and beating the national median by almost $6,000. That's substantial for a teaching degree. The $27,000 debt load sits well below the national median, creating a debt-to-earnings ratio of just 0.57, meaning graduates could theoretically pay off their loans in about seven months of gross earnings. For a profession often associated with financial strain, these numbers look surprisingly strong.
The Indiana context tells a more nuanced story. While Franklin ranks in the 60th percentile among the state's 40 education programs, it trails top performers like Butler ($50,707) and several IU campuses by a few thousand dollars. Still, it beats the Indiana median of $43,243, and the relatively modest debt keeps the financial picture reasonable. The bigger caveat is the small sample size—with fewer than 30 graduates in this cohort, a few high or low earners can skew the data significantly.
For parents weighing this program, the fundamentals are solid: graduates enter teaching with manageable debt and above-average starting salaries. Franklin isn't the state's highest earner for education majors, but it delivers better outcomes than most programs nationwide while keeping borrowing in check. Just recognize that with limited data, individual results may vary more than these medians suggest.
Where Franklin College Stands
Earnings vs. debt across all teacher education and professional development, specific levels and methods bachelors's programs nationally
Earnings Distribution
How Franklin College graduates compare to all programs nationally
Compare to Similar Programs in Indiana
Teacher Education and Professional Development, Specific Levels and Methods bachelors's programs at peer institutions in Indiana (40 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $37,350 | $47,610 | — | $27,000 | 0.57 | |
| $45,980 | $50,707 | $45,302 | $27,000 | 0.53 | |
| $8,179 | $48,497 | $43,671 | $31,000 | 0.64 | |
| $11,790 | $46,765 | $44,741 | $23,741 | 0.51 | |
| $10,449 | $46,744 | $43,547 | $23,000 | 0.49 | |
| $9,992 | $45,459 | $43,083 | $18,646 | 0.41 | |
| National Median | — | $41,809 | — | $26,000 | 0.62 |
Career Paths
Occupations commonly associated with teacher education and professional development, specific levels and methods graduates
Education Teachers, Postsecondary
Training and Development Specialists
Secondary School Teachers, Except Special and Career/Technical Education
Middle School Teachers, Except Special and Career/Technical Education
Kindergarten Teachers, Except Special Education
Elementary School Teachers, Except Special Education
Adult Basic Education, Adult Secondary Education, and English as a Second Language Instructors
Preschool Teachers, Except Special Education
Postsecondary Teachers, All Other
Self-Enrichment Teachers
Teachers and Instructors, All Other
Teaching Assistants, Preschool, Elementary, Middle, and Secondary School, Except Special Education
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.
Sample Size: Based on 22 graduates with reported earnings and 21 graduates with debt data. Small samples may not be representative.